Just wanted to ask you a few question - if you happen to want to give your opinion on that.
I am currently working on the Buy Side at a large AM house in London, mostly as an equity analyst, with 3 years exp since graduation.
A well-regarded Broker wants to poach me, but not only this involves going from buy-side to -> sell-side (which i would be willing to do), but they want me in an (cash) Equity Sales role !
I am open to go to the sell-side, but did not expect that. I was expecting a Research Analyst role, not an Equity Sales role (for which I have no experience)
1 --> How common is that move?
Is that dumb ?
(considering If I stay at my firm I can be PM in 2 years)
2 - What's the pros & cons according to you ? Work, balance, compensation, exits..
3 --> What are the Exit strategies for a (successful, or less successful) Equity Sales ?
It seems to me they are the first to get laid off every time there is a downsizing, but I may be wrong.
4 --> What's the average compensation level of a 2y-3y exp Equity Sales (base+bonus) at a large Brokerage house (
On the paper it seems to be in-line/slightly above what I'm earning now, but i suspect it's overall very volatile to the personal volume i would eventually generate on the institutional side.
Would appreciate any advice on that !