What would you do? - Struggling to evaluate my current situation

Hi guys, first post for me on WSO. I'm struggling to evaluate my current situation and would appreciate any helpful feedback you can provide. Sorry in advance for the long post.

I have ~6 years of work experience, 2.5 in SS ER and 3.5 at a top-tier hedge fund as an analyst, now Sr. Analyst. I am a CFA Charterholder and attended a non-target top 10 state school. I'm 28, with no debt, and no wife / kids.

I've become restless in my current job and am starting to think about other options.

If you were in a similar position, would you:

1) Suck it up -- the experience is too good to pass on.

2) Try to exit to another find (might be difficult since I do not have a blue chip background and this firm is so under the radar).

3) Try to get into a top 5 b-school to rebrand myself

Thanks!

 

I really wouldn't be able to cope with cons #2 and #3...those would be deal-breakers for me no matter how good the pros were (unless I was getting paid very well). That second option of exiting to a different fund would be my priority. What about doing something like asset management at a BB firm?

You have a lot more experience than I do, and that was just my opinion. Might sound stupid to you.

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
 

look man, i don't have as much experience as you nor do nor do i currently work at a hedge fund. what i can tell you is that you seem to be very unhappy in your current situation. if you were such a highly rated chess player, then you are clearly an extremely intelligent person. there will always be options for someone who is as intelligent as you.

if i were you, i would go to business school. you seem like a good fit for the top 5 schools, and if i had to put money on it, i would say that you will get into Wharton. you will have a lot of fun in those 2 years and have the opportunity to explore your career options.

Money Never Sleeps? More like Money Never SUCKS amirite?!?!?!?
 

My advice would be to try to stick it out but start exploring what else there is out there. I bet you will find out that your experience is more valuable than you think - I don't think you should have any issue lateraling to a different fund. Also, I would not recommend business school - I really don't see the benefit, unless you think it would be fun.

Additionally, to get better feedback, it might help to specify roughly how much you are getting paid...

What is your USCF rating? What about your boss? Very impressive to be ranked in the world - I also played when younger and was ranked top-10 for my age, but only at US level.

 

Personally, I would take down this post or at least edit it to remove potentially identifying information. Anyone who knows a chess master hedge fund manager could easily identify you from this, let alone any of your colleagues....

As for career advice, my 2 cents:

  • Sucking it up: probably best if you think you'd be ready to start your own fund afterwards. Are you getting your own verifiable P&L? Can you ask for this? Would you be ready (personally, professionally, financially) to try to go it alone in a few years?
  • Exit to another firm: best done through networking. Introduce yourself to other investors at conferences!
  • B-school only if you're completely changing careers
 

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