I just want to gauge the WSO crowd on this one. I am damn determined to make it intoknow how difficult it is. I feel I am at a place that has offered all it could (I've learned a lot, not only in investment management, but also in dealing with the bullshit), but I feel I am plateauing.
I work for a 3-person RIA shop as a mutual fund analyst. There are no exit opps, I graduated from a non-target, and have been working with the firm for a year now. I've been on "intern" salary since the start and have been promised 3 times for a raise. I kept my mouth shut, worked hard, became the go-toand boss (he loves that he can delegate anything my way, but he still likes to trade mutual funds based on performance over a week's time frame....hard to convince him not to) and he ends up bumping my salary to $35K with no benefits and no 401k.
I know I am not entitled to anything (a la @"Marcus_Halberstram"), but it pisses me off to have worked for this guy for a year, doing all of the portfolio management while he vacations and he ends up only bumping my pay by $6000. I don't have exit opps with this job like most might if they were in IB. I want to quit so that I'll have more time to study for the CFA, continue networking and applying everywhere, but I have a little voice that keeps telling me to stick it out.
I'm not close to a major city (ie San Fran, Chicago, New York) so meeting with people in the industry makes it a little tougher. Any thoughts here? Stupid idea? Do I bite the bullet and stay? I would appreciate any feedback on this.