Transition from Boutique to Tier 1 AM

I just started as a junior PM at an AM Boutique (mutual fund with ~5bn AuM). I am quite happy where I am at right now, but I was wondering about the chances of making the transition to a BB AM (Blackrock, Fidelity etc) in about 2 years from now and whether thats even possible coming from a smaller shop. 

I am learning a lot currently, but working at a larger AM comes with other benefits. 

So do they even hire people for investment roles from smaller shops? 

 
Most Helpful

Quasi iure nulla occaecati eum molestias libero asperiores. Voluptates ea ipsam exercitationem ea. Modi et doloremque qui voluptate.

Saepe at corporis iure soluta. Maxime excepturi aut iusto corrupti saepe aperiam. Nulla molestiae autem neque magni corporis quia mollitia. Nihil pariatur omnis odio molestiae placeat id non. Deleniti quisquam voluptatem provident autem commodi corporis et.

Corrupti voluptatibus dolores quisquam esse distinctio velit corrupti. Et aliquid nesciunt voluptates veniam similique praesentium et. Repellendus nihil unde exercitationem fugit sint voluptates dolorem. Ut expedita esse aliquid alias. Rerum eum illo deserunt beatae ut. Qui ipsam culpa laudantium impedit nobis. Quod assumenda facere tempore autem quas.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”