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Mar 21, 2010 5:39 pm

I guess this is the place to introduce myself, being as that I am a new here on the RR forum.

I am currently 3 years in with Jones, have built a decent business in that time (20mm in AUM, 230k t12). I have had a great time at Jones, made some great friends and have advanced into some leadership roles within my region...with that being said I am not married to my firm knowing there are pros and cons with any firm and really do my best to keep an open mind in regards to this business.

I am at a crossroads, I find myself more and more wanting to relocate to be closer to family. Either California (San Fran area or NYC), I also find myself gaining more interest on the operations side of things (trading desk, underwriting, alt and hedge fund investments) but probably not qualified for those fields. So I am thinking of pursuing a relocation into one of those two markets as a financial advisor.

The problem is Jones' business plan makes those markets very difficult to thrive in and if I stay put much longer the size of my business will make it very difficult to justify relocating. My question is what firms would anyone here recommend to look into that has a strong presence in either the San Fran or NYC market?

-Thanks for any input.

Apr 7, 2010 12:38 pm

F.G.Packer in SF, Oylie Boyd in NYC.

Apr 7, 2010 2:05 pm

If you are going to Cali, you could wait and look for a transfer into an open office at Jones.  Makes the transition livable if there are some assets there (say 20mm+).  I would not go to either of those places and start from scratch.  You can't really do a Jones office in NYC (well, you CAN, but I wouldn't recommend it), so I think you should probably look to join a team or something, where they might possibly need a rookie with some experience to help the vets (yes, we've talked about the "team" thing before, but your case is unique, and you need to get up and running quickly I assume).  One other option is seeking out an open office with Jones in Southern CT, Eastern NJ, or lower upstate NY (just North of the city).  Maybe Long ISland, but not sure of the presence their yet (or if you would want to live there).  Not sure where you would want to live, but if you need to be right in Manhattan or the boroughs, Jones might not be the answer.

Apr 7, 2010 2:07 pm

And FYI, there are TONS of firms in NY and the region, so there would be no shortgage of options for someone with some experience.

Dec 29, 2010 10:10 am

beat it spammer.

Dec 29, 2010 11:49 am

ND, what do you mean by spammer in this case? The original post, isn't on the up and up? or?

Dec 29, 2010 12:55 pm

There were some spammers in there that the admin has deleted.  The original post, from March, was legit. 

Dec 29, 2010 3:08 pm

Spiff is correct. Three back to back and the admin cleaned them up quick! Thanks Admin!!!