What Is The Most Cush Job in Finance?

LReed's picture
Rank: Almost Human | 6,447

Self-explanatory. What are the most cush jobs you've heard of in finance? Jobs where you're pulling in good money and not killing yourself with hours either?

Comments (34)

Jan 28, 2018
LReed:

What Is The Most Cush Job in Finance?

Have you seen Ganjapreneur?

They have all the Kush jobs.

https://jobs.ganjapreneur.com/find-a-job/

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

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Feb 6, 2018

I'm so glad I just opened that up on my work computer.... Ha!

Jan 28, 2018

FI PM, especially if it is in-house money. I had a XOM PM (since retired) who used to call me and spend two hours talking about estate planning (IDGRATs etc.) from work in the middle of weekdays, back when I used to do planning.

He had to make trades at the open and at the close, so 9:30 to 4, with the time in between free.

Good luck getting the job though.

Jan 28, 2018

I feel like Portfolio Managers in general often have it pretty cush, especially in real estate. My friend is on the PM side of things and it seems like a dope deal, you still get paid just as much and technically you're the boss of the overarching strategy/allocation of the fund, without having to do the actual granular analysis/research on new investments/acquisitions. He gets to listen to memos instead of writing them up from scratch, it's almost like a sell-side/buy-side distinction within a buy-side firm. The acquisitions guys have to sell him on investment ideas.

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Jan 28, 2018

CIO of an endowment/foundation/pension fund. $500k-$5 mil/year for 40-50 hours/week.

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Jan 30, 2018

do you work at a pension/endowment right now? how did you get a gig like that?

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Jan 29, 2018

You guys talk a lot about being PMs and shit, but as far as attainable jobs, I think being in risk management is cush af. My bro-in-law is head of risk at a market making firm and he works market hours and doesn't seem to be stressed at all. Never asked comp but they have a bigass custom home, a bunch of investment properties, and travel constantly. Don't need to be a genius or lucky to get that job one day. And he's like 38.

heister:

Look at all these wannabe richies hating on an expensive salad.

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Jan 28, 2018

I was talking about a Portfolio Management Analyst position, not an actual Manager level employee. Some Investment Management companies have separate Investment groups and Portfolio Management groups, which focus more on overarching fund management (portfolio weights of different assets, re-balances, etc.)

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Jan 30, 2018

that sounds amazing how does one get a job like that?

Jan 28, 2018
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Jan 28, 2018

Hot takes only

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Jan 29, 2018

what a fucking cool guy

heister:

Look at all these wannabe richies hating on an expensive salad.

Jan 30, 2018

I want every child to have a loving family.

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Jan 30, 2018

The admins are going a pretty good job with the comments. They should write facts for Snapple!

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Jan 30, 2018

Might be completely wrong but have friends doing:
- Corporate development / in-house M&A
- Real estate development / acquisitions
- Risk management
- Commercial banking
- Insurance

who have a good pay / hours ratio

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Jan 30, 2018

Definitely wealth management if you are good with relationships and have a good rolodex of Ultra High Net Worth clients.

Some days you leave early in the afternoon. Some days you don't even come into the office at all.

Jan 30, 2018

Lmao that's a big if. I used to work in PWM for a couple of highly sucessful Financial Advisors (they were clearing at least 500k after tax) and the youngest one started at 18k draw (salary you have to pay back lol) with no rolodex. PWM is a grueling and unforgiving grind unless you already have a bunch of rich people that want to give you their money or you inherit someone's book.

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Jan 28, 2018

being a FA without a book seems like a brutal job. I heard similar numbers (slightly higher, but that may be because of inflation) when I was considering going that route in 2007. I also got to see gross compensation numbers for many of the FAs at a major wirehouse about five years ago, and I can tell you, a retail FA with a good book can flirt with a million a year pretty easily late in their career.

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Jan 30, 2018

I hope nobody assumed that after landing an offer it would immediately be nothing but 20-hour work weeks. There will be years spent developing relationships in order for clients to trust you with their millions.

Jan 30, 2018

Tuck your cock and sit on it. Cushy.

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Best Response
Jan 30, 2018

Pretty much any role at a quant-focused investment fund (e.g. DE Shaw, Two Sigma)

One of my college roommates is an algorithmic trader who designs and implements low latency strategies for STIR (short-term interest rate) products. His all-in comp is approaching seven figures and he leaves the office everyday at 5pm. Zero work on weekends

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Jan 30, 2018

Aren't these sort of gigs extremely hard to get though? I mean he must be an extremely intelligent guy?

'I'm jacked... JACKED TO THE TITS!!'

Feb 5, 2018

I imagine all the super cush, well-paying jobs are going to be hard to get into, by simple economics.

Jan 30, 2018

jesus

Don't break yourself on the way to making yourself

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Jan 30, 2018

Senior guy at a good boutique IB (partner, MD, VP) with a solid referral network.

Jan 30, 2018

heh?

Don't break yourself on the way to making yourself

Jan 31, 2018

Agree.

Jan 30, 2018
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Jan 31, 2018
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Carl Van Loon
Van Loon & Associates