Internal Wholesaler vs. Analyst at newly formed RIA

Hi Guys,

I am between two offers. The first is for an internal wholesale gig, working for a highly respected investment management firm; the second is for an analyst position at a newly established RIA (AUM of ~200MM), where my functions would include placing trades, building portfolios, preparing performance reports, etc.

Does anyone have experience working with a small RIA? If so, and assuming the RIA does grow to a more significant level, could I expect to learn more from working-and growing with-the RIA?

My ultimate goal is to become an FA, but I'd like to accumulate a more diverse background than I currently have.

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Comments (3)

Apr 26, 2018 - 2:40pm

Hi JeanMazpo, hope I can help. Do any of these links cover what you're looking for:

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  • More suggestions...

No promises, but thought I'd mention a few relevant users that work in the industry: nmj1808 Luk5 Patrick-Flood

You're welcome.

Apr 28, 2018 - 10:29pm

Those are two totally different paths. I've done both and can say I thoroughly enjoy the sales route much better primarily because I'm more of an extrovert and could not see myself behind four computer screens manipulating spread sheets forever. I also had no desire to become an FA. That's just me. I also did this for a large Graystone Group at MS, so not an RIA but we were managing institutional money.

I think you have to ask yourself what you want to do. If it's an FA, you really won't learn any transferable skills being an internal.

Apr 30, 2018 - 6:49pm

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