Canadian looking to move here in the next 2 years! Engineering new grad, learning Data Sci.
Aiming to move to Accenture NY or better/equivalent, so FAANG, MBB, OW, etc. 😊 Open to DS or strat
Are UV lights (portable boxes) which are commercially available to sanitize mobile phones and watches effective to sanitize face masks and gloves ?
I’m seeing a lot of posts asking about stealth layoffs/firings given the market, but does anyone actually know of someone who has gotten laid off or fired in the past few months?
Coming from a country with heavily subsidized education, watching Americans lose it on each other over providing support for education is baffling to me. Why are Americans so against helping people?
I work through a contractor, and was hired 2yrs ago to be a Systems Test Engineer II. They decided last minute to make me a Software Content Manager, but kept my title as is since it was supposed to be a 6mo rotation. I’m still an SCM, and am taking on leadership roles in the group. How do I ask for a title change and pay increase to reflect what I actually do? Do I ask my contract house, or my NASA mgmt? Should I ask to make the pay retroactive since I was hired to do one thing, but do another?
Any other EY’ers 🙄 that the first Unity email in 8 months asks to support social media visibility at the O&E conference for which no info or opportunity is provided for anyone to go unless you’re in the know? What does Unity even do besides send themselves to conferences and dinners?
Hi fishes, joined wipro recently with 13 yrs of exp but here the first step is to complete coding test.. is it mandate for all or depends on the project.. any idea how complex it will be ?
“I’m down for trick or treating, guys” -50 year old media planner with other planners around the same age. They’re having an actual serious conversation about which neighborhoods to hit up.
Almost midnight here and I'm cleaning my medicine cabinet so I can reboot having a regular skin-care routine. I'm listening to one of my favorite musicals, "Ragtime", specifically the song "He Wanted to Say". Living 9 time zones away from home out of the US and watching the BLM movement there, unable to do anything concrete about it from here - this song I've listened to countless times, today about brought me to tears.
I really don’t mean this to virtue signal - just wanted to share a moment.
What is the minimum utilization criteria followed at SDC?
There are people from my team with utilization in range of 30% to 50% and got promoted to manager 1 and sa2 respectively.
I have almost 75% utilization, so wondering why work so much. Thinking of aiming for 55% utilization this time.
Is this a bad time to quit and start looking for a new job? I hate my current job/workplace and really want to quit, however, I am concerned that finding a new job might be difficult right now. Should I stay in my current role until the economy improves?
Hello All ,
I am actively looking for new job opportunity and can join immediately for Application Support Role Overall 7 years of experience .
Good understanding on ITIL and SDLC
Technical skills - Unix & SQL
Domain Knowledge- BFSI and IT Software support , Maintenance and Enhancement
Tools - Service now , Jira, Conflence, APM, Dynatrace, MQ, SQL Developer , Autosys, Control- M , Winscp
Functional Skills - Incident Management, change management, release management, IT Asset management
My school has not so subtly hinted that they would love for me to teach 6th grade next year if I comfortable with it. I usually teach 4th/5th. 6th grade teachers what’s 6th like compared to upper elementary! TIA!
How's wlb of applied scientist at Amazon ? Is it as bad as SWEs ?
Any current Applied Scientist wanna talk about it ?
Will it be a problem if I am unable to submit ID card to TCS office on LWD? Is there a way to pay a fine instead? How long will it take to get FnF and relieving letter?
I need thoughts and opinions on leaving a firm I just started at 3 months ago. It hasn’t been the worst experience but also hasn’t been the best. I was made to believe I would be practicing a lot in labor and employment (which is what I wanted to be doing) and I’m actually mostly doing general commercial litigation. I want to be doing L&E but I’m afraid of what it will look like to my current employer (and the people who have been kind to me there) to jump ship so soon. Thoughts?
I am having around 2 yrs of experience my current ctc is 4 and looking for job switch. How much can i expect ?. My tech stack is angular .net developer.
Additional Posts in Private Equity and the Buy Side
Your thoughts on Trillion? Ops team
Thoughts on revelstoke in Denver?
How do you guys stay motivated? I work UMM PE firm and have put in my time and gotten direct promote but the hours and personalities are getting to me. Especially working 20+ full days straight.
Hi everyone. I have 1 yoe in mbb and 2 in investment banking at a top firm, both in Europe. I want to transition to pe amd would prefer roles in the US. Do I have a chance or do I have to join in London and „earn“ my transfer to NY or SF?
Trying to lose weight (and build muscle). Working typical investor hours, but wanted recs on places to order dinner from ? Any specific meal recs? Planning to hit gym in the AM and avoid snacking in the office, but want to get meals right. $30 budget
How’s Canada from a job perspective for IB/PE/VC? I tried searching for jobs on LinkedIn in Canada and wasn’t able to find much. Any Canadian 🐠 willing to shed some light?
BCG Senior Associate with 2 years consulting experience (mostly growth strategy). Is the timing for entering PE the same for both big and small firms? Secondly, is the time to promotion from Associate to next level the same for small and big firms? Lastly, what’s standard practice first steps for off cycle recruiting / starting recruiting now?
How difficult is it to switch industries in buyside (e.g. healthcare to tech)? Specifically VC/GE. The reason I ask is because my top fund is recruiting me for a sector i dont care for. Wondering if I could switch later down the road
Insight partners onsite associate - role half deal/half portco support. Anyone have thoughts on firm and this specific role?
Seems like some of the investment analyst roles are primarily sourcing but imagine this being a little different
While I am on track for promotion at my firm, I am not in the “top bucket” of all performers. Will this make it impossible to get offers in PE? Or can I still target some firms (ex MM-LMM)?
Fund operations vs. portfolio operations? Is one more prestigious/desirable than the other?
What do you PE fish make at the vp level? As an associate I’m getting 150 base and 150 bonus. 2.5pm fund in nyc
MBB consultant here, total 5 years of experience (of which 3 at MBB). Heading to HBS starting Fall 2022. Super keen on doing a summer internship in PE in-between the two MBA years. How good are my chances (conscious prior PE or IB experience is usually preferred), and what can I do to prepare (any links to resources would be appreciated)?
Junior partner at a specialist boutique consulting firm (compete w/ MBB primarily in our verticals) with prior experience in PE on both deals and ops side, and corp dev. My career here is pretty stable and money is good enough without killing myself (500k+ cash) but I miss being an investor vs an advisor.
Is there any path back to GE/PE at this stage? My gut says no unless it's a firm where I have a client relationship and I get lucky but hard to broach the subject given dynamics. Any advice?
Alvarez & Marsal Does PEPI group at A&M sponsor internationals? How does the compensation at manager level look like?
Alvarez & Marsal
PE case study - I have 4 days to complete. Was given two CIMs to choose from and making investment recommendation. For modelling, are they expecting me to simply use the CIM forecast for LBO analysis? Or should I be doing more work like coming up with drivers that get to the CIM numbers as a base case with ability to flex downside / upside cases? Assuming the former but want to make sure I’m not missing the mark here (no guidance provided on this).
I've been busting my ass trying to interview prep to transition from T2 consulting (EYP, S&, LEK) to UMM / MM PE but it seems like many 🐠 are unhappy with the constant grind / no WLB... Is it even worth it? I believe I would enjoy the work since I do a ton of DDs now (pay is obv a plus too) but I'm wondering if it's worth my mental health and happiness... Thoughts?
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Asset and wealth management are different industries (at the macro level, though often grouped together).
Asset management (or investment management) at the industry level is about managing investment strategies. Public markets and private markets both fall under the asset management industry umbrella. Hedge funds are one type of asset management firm (more a legal structure than anything else). Their strategies are typically more on the liquid end of the spectrum, but can also be somewhat illiquid (think private credit). PE firms are also a type of asset manager.
The wealth management industry shepards the financial objectives of individuals, and to some extend, smaller institutions. Part of wealth management is managing investment portfolios (either internally or via capabilities provided by asset managers). They also do things like financial/estate planning, cash flow, insurance, etc across the full financial needs of a client.
In short, different investment strategies
the two ways to think about the market are:
1 who do they serve. (Most common targets below)
Asset management - large institution
Wealth management - individuals and family offices
Hedge funds - asset managers and wealth managers
2 what are their investment strategies.
Asset management - low risk, fund of funds, public equities, and real estate
Wealth management - anything their clients are interested in
Hedge funds - riskier strategies. Typically still public assets
Obviously there are differences.
Last thing - I don’t think of wealth managers as making it rain, but someone please correct me
That’s better than I thought actually
Asset mgmt - usually public investments (although not always, i.e, real estate) and long-only (want asset values to go up via interest/dividend income or appreciation ) investing for institutions, pension plans, etc.
Wealth management - money management for people, families, or small institutions
Hedge funds- generally uses complex investments to either bet on a company/part of the market with investors or against investors. Manages money for institutions, pension plans, sovereign wealth, and ultra wealthy individuals.
Hope this helps.
Asset management - manage money for retirement, pension, insurance, institutions
Wealth management - manage money for rich people
Hedge fund - manage money that people can afford to lose