Your career advice is greatly needed and appreciated!!!
My end goal is to have my own investment management company one day. In order to achieve that, I need to apply job in two functions: sales ( bring money in) & strong research and valuation skills. I have tried to apply Financial Advisor and Research Analyst position.
After almost a year search( half of the time I spent on travel and family issues), research analyst position is no way close. Most of the jobs are in New York City. However, I have to stay at California to start a family. I joined CFA and lunched with chairman and many others. They do not like to hire someone without a CFA... I called two research directors of two biggest asset firms here. Everytime, I hear "please leave a message". One time, I went to a small asset management firm to meet the owner and chairman. He was a No show.
For the Financial Advisor road, I have interviewed with 4 big names. Citi Smithbarney and Merrill Lynch don't work out. Morgan Stanley is still open for discussion. The four offer I get right now are from Ameriprise Financial, Edward Jones, New England Financial ( a Metlife company) and Preducial Financial. Which one I should start? I love invesment business. It is my dream and blood. I guess I should go Ameriprise or EJ. However, I heard and read so many negtative comments about them. Should I try to get into Morgan Stanley and forget about the two? The thing is I don't know if they are going to choose me in the end. One Citi Smithbarney manager told me to discuss with him again if I can bring in $ 2 Million in the fifth month. How??? Again, thank you for your advice.
If this is a legitamate post You want to be : a) Own your own Investment Management Company , b) Research Analyst or c) Financial Advisor?
I want to have my own investment management company one day. As for now, it is not possible. People who has it holds two skills: sales (Finanical Advisor skills) and research background. So I have to start either as a sales or an analyst.
The skills to own your own Investment Company will encompass MUCH MORE than just Sales Or Analyst. Get a job in the Industry and start from that point......if you are younger , that means a whole lot of years ahead of you.
I think you're definitely CFA material. Get a few years' experience and go knock that thing out.
The sky's the limit for guys like you.