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?Is the Financial Advisor you fall back position or last choice? You need to focus on whatever it is that you want to be when you grow up.
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.