20 years of experience in financial services, was burnt out so wanted to “try” consulting in fin services. Low balled for no consulting experience upon hire so took $100k paycut. How to break back into industry after 3 year consulting pivot? Am a SM... making VP salary, with ED experience. Ugh. Cluster eff. What should be target salary for advisory asset management wealth focus work? So confused with this 2-3 year derailment. Can’t afford lifestyle like this decade setback in comp.

likehelpfulfunny
Posting as :
works at
You are currently posting as works at

What I wanna know is How did you get principal title as a SM?!

likefunny

Also lol I know some principal at my firm that make $120k a year. High title low pay no thank you.

You good bro?

funny

Leverage your industry and finance experience combined with your sales capabilities to land a leadership role at a large firm that pays well. Spin the story to say you have all the money you need and wanted to try something new because you've made it and are looking for your next challenge. Don't talk about how much you make currently. Just ace the interview and set your price.
Finding the right leader is hard to do. When you are the right fit, price is negotiable and the least of concerns.

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I had the same burnout and left industry to start a company. I took a $300k pay cut! Then the startup didn’t work and I joined consulting to get back into industry. Today I received my official offer letter and will join industry again. I tell you that because I see your story as easier, you had a great opportunity to bring your knowledge to multiple clients so you left industry. You are not comfortable/tired of travel and ready to bring your now national expertise to one company. I was ultimately successful at landing the job by writing people from my past and networking. Btw, I’m not a born networker so the struggle was real. You’ve grown and learned from this experience. You will get there. Good luck!

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100k cut wow. should have given me that

Went from 300k to 200k so not talking millions for context. Thanks in advance for your opinion

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