Switching to brokerage from portfolio management?

BenDover187's picture
Rank: Chimp | 8

Anybody here transition to brokerage from other parts of CRE want to share their experience? I currently work in portfolio management (valuations, reporting/analytics, what-if analysis, investor relations) for a large pension fund and almost dread my job as I feel like I'm not learning anything/adding value. I'm thinking about moving to a industrial brokerage team as an analyst, but my only reservation is taking a pay-cut ($70k base + 10% bonus to $50k base and unclear on the bonus).

Thoughts?

Comments (3)

Jul 22, 2019

Hi BenDover187, whoops, looks like nobody chimed in here.... maybe one of these discussions below is relevant:

  • Switching from Big 4 to Acquisitions: My Story I've received a lot of PMs over the months about how I switched from Big 4 audit to REIT ... into RE. I would suggest applying to acquisition, Asset Management, brokerage, Big 4 RE advisory, and ... functions (i.e. moving from asset management to acquisitions). Two big items to help you out: 1) Make sure ...
  • Why I Left PE & Switched to the Public Markets 1) What I liked most about PE Working with the management teams. It sounds cliche to say it, but it ... is to run a business day-to-day and I got to observe that first hand. We helped mgmt out with ... through the capital structure and how to exploit it, management compensation, purchase/merger/employment ...
  • Internal Switch from Portfolio Mgmt to Underwriting I've put to use well, and looking for some solid advice. I recently left Big 4 to join a portfolio mgmt ... is less than 20 people. There are only a couple underwriters and portfolio mgmt people other than for ... managers, so I feel like a switch is possible. I spoke with one of the underwriting managers about looping ...
  • How useful would it be to manage your own stock portfolio over a 3-5 year period before moving into port mgmt? operational/enterprise risk management and exposure to the investment side per se is limited. I started investing my own ... positions. Initially I embarked on my portfolio merely as a personal goal to achieve strong absolute returns ... performance and investment philosophy (after a minimum 2 to 3 year period of course) to asset management ...
  • switching from PE to management consulting Is it possible to move from PE to consulting? i recognize that this is the opposite direction from ... a bit more interesting. Experienced consultants can feel free to shoot that concept down. But ... I seriously can't imagine showing up to my same boring chair, to the same boring role, even one more day. ...
  • Has anyone landed an analyst/associate role in Asset Mgmt or Equity Research with no experience? How? in research in Asset Management, equity research, with a long-term goal of being a portfolio manager ... Economics grad. No internships. CFA level 1 candidate, awaiting results. Itching to land a career ...
  • Deciding to leave mgmt consulting- help focused on Obamacare and employee benefits, before switching firms to a management consultancy. When I got ... I also enjoyed the bump in compensation to management consulting. My old firm has called me and offered ... management consulting, but probably still enough to live comfortably in the NYC area, also all work is ...
  • More suggestions...

I hope those threads give you a bit more insight.

Aug 8, 2019

I can't help, but interested in responses. Commenting for a bump. I'm in a similar situation, but in a different industry and would be taking a haircut as well.....

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Aug 8, 2019
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