Strangest exit from Finance

A bunch of us here would follow the usual sell side to buy side route. Recently I met a former banker who retired after 5 years as a VP and became a gentleman farmer. I also know another former Australian banker who just disappeared from his job and moved to Medellin and opened a hostel.

Do you have any strange stories of people leaving Finance and just do some seemingly random things?

Comments (14)

Mar 11, 2019

Hi HighlyLeveredCat, any of these topics helpful:

  • Strangest thing you've seen while in the restroom the women's restroom when another guy came through. Horrified, she quietly exited, leaving both ...
  • Share the Strangest Interview Questions You've Received As we go through recruiting season, people are bound to get hit with some of the strangest and ... from the Sun?" These are questions that just make you think, "WTF"? to Saturday, August ...
  • Asset-Backed Finance & Capital Markets Exit Ops from BB asset-backed finance or something in the capital markets division. My main concern here is the exit ops-- what ... kind of career opportunities does someone coming from asset-backed finance or ECM / DCM have? Any input ... Have an offer from a BB /borderline BB (think UBS, Wells, RBC, etc.) Wondering whether to pursue ...
  • Unconventional Exits from Finance (IB/PE/HF/etc.) From anecdotal knowledge, what has been some really unconventional exits from finance (at any ...
  • Exit opps from post-MBA finance at a big tech firm? finance or can he transition into hedge funds, private equity, etc.? tech corporate finance Exit Opps ... Very interested to know what the exit opps look like for someone who did 1-2 years of post-MBA ... finance at a major tech firm (Amazon /Apple/Microsoft/Google/Facebook). Will he be stuck in corporate ...
  • Exit Ops from a Corp. Finance internship? ops could one gain from doing a Corp. Finance internship, aside from doing it for a FT job? Are there ... Most people saying IB internships generally help somebody get IB FT.. What other potential exit ...
  • Exit Opps from Accenture, Deloitte, and The Monitor Group after consulting: Accenture career path Our users shared that exit opps from firms like Deloitte and ... Accenture will likely be similar to exits from Bain and McKinsey with the exception of private equity exit ... opportunities. manbearpig- Corporate Finance Vice President wrote: They have the same exit opps as any other ...
  • More suggestions...

I hope those threads give you a bit more insight.

    • 1
Mar 20, 2019

Knew a guy who started off in DCM at a European bank (in Europe), worked in REPE for a while after that and then suddenly moved over to some deep southern State (Tennessee, Alabama, something like that) to be a farmer. Like wtf.

Also knew someone who was a manager at a Big Four, chartered accountant, who quit to become a plumber. Oh and it was a woman.

Most Helpful
Mar 22, 2019

I think I'd rather be a plumber than a manager at Big Four.

    • 4
Mar 20, 2019

Former colleague went back to school to train in brewing. Now is a brewmaster at a microbrewery.

    • 1
Mar 20, 2019

Not super strange, but an ex-banker exited to his trust fund and now wears leopard print gucci slippers around town. Not sure how happy he is, but interesting to see how having no need to work affects a person

    • 2
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Mar 20, 2019

Some financier went into the adult industry and kept using the CFA letters after their name. The CFAI asked that they stop using the letters citing one of the character ethics items as their rationale. He replied to the inquiry by sending some of the graphic explicit pitchbooks he created while repping the CFA letters.

Snap, still on the CFA website.
On 22 September 2009, a Hearing Panel convened and found that Nicklas Keith Gustafsson, a charterholder member, violated the CFA Institute Code of Ethics and Standard VII(A) - Conduct as Members and Candidates in the CFA Program of the CFA Institute Standards of Professional Conduct [2005].

The Hearing Panel imposed the sanction of Revocation of membership and the right to use the CFA designation.

Gustafsson submitted a response to the Notice of Inquiry that contained content considered to be highly unprofessional and disrespectful, and included graphic, inappropriate images. On Gustafsson's website, where he provided a link to CFA Institute web pages and used the CFA designation, the CFA Institute Professional Conduct Program also found pornographic images.

Additionally, the CFA Institute Professional Conduct Program found unprofessional commentary on internet pornographic chat sites, apparently posted by Mr. Gustafsson, where his name included the CFA designation. Gustafsson also failed to fully cooperate with the Professional Conduct Program inquiry, testify, and otherwise cooperate in the disciplinary proceedings.

    • 10
Mar 20, 2019

That is absolutely hilarious

    • 1
Mar 20, 2019

Wait so he was still doing finance in adult industry or he became an "actor"? Like his name was longdongjohnson, CFA? lmao

    • 1
Mar 20, 2019

I wish I knew. I'm too chicken to google much more about this at work.

    • 1
Mar 22, 2019

Because the CFA is full of cucks who want to be in his position

Mar 21, 2019

I've met this group of ex-Swiss private bankers here in Central America that run the accounting departments for a bunch of tiny nonprofits. Crazy life stories, they worked at UBS/HSBC etc. handling billions of dollars, got tired of it, and came here to learn Spanish and find wives. Now they're very contentedly living small-time lives. It's quite the character contrast.

Mar 22, 2019