I have a friend that is in his mid 30s looking to transition from ultra high net worth to IB. I told him that it will be hard due to his age and experience. Was I being too harsh?

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

It’s not harsh it’s accurate but not impossible.

He should honestly just stay there though, I’d be down to trade with him. In asset management if you build a big book you can just work 20-30 hours a week and pull in 1M a year.

like

That’s what I told him. I guess his just tired of prospecting but IB workload is not any easier.

Related Posts

How many years into your career did you start to feel jaded about the industry? I only have 4 years under my belt and still believe it’s fun and challenging, but I see so much negativity on here.

like

Best way to get ahead in software engineering? Learning additional skills? Really curious if anyone here made a big income jump through making any particular kind of change

like

Has anybody worked at the IRS LB&I Division? What was your path there? What was the work like? Would you recommend?

like

My SO adds very little to our relationship. She has a dead end job. I cook. I work. I oversee finances. I plan trips. She doesn’t have a voice in the relationship. I’ve asked her to give her perspective but she always defaults to mine bc she thinks I’m smarter/worldly. She feels intimated by me and my social circle. Lately, I’ve found myself thinking for her. Anticipating her wants and needs and then adjusting my behavior to meet them. Which she appreciates but it’s frustrating 29M 27F

like

Looking to pivot my career and explore opportunities in the tech world, specifically in product management. What are the best Product Management courses/programs available?

like

Which one of the two has more long term monetory benefits/growth? Working as a product manager or working as a software developer. I need an honest opinion.

like

Is it worth it to do a PhD in Statistics or Epidemiology or Health Informatics if I am interested in being a data science director in Pharma or a Health system? I am working remotely a a data scientist right now. I am plan on learning more ML models for now. However, is there a certain point where it makes sense to get a PhD? I want to stay in the healthcare space but not sure what I should do next besides taking coursera classes.

likeuplifting

Engaged and married folk - how did you know you were ready to propose? Any creative suggestions for the perfect quarantine proposal?

like

What designation i can expect iat Capgemini of joining as a Lateral?

I have total 11.5 YoE

like

I am currently a Program Manager at Amazon who used to be an EA. I was really excited to switch job families and get into the PM space, however I feel like I really miss being an EA, and am thinking about going back to the role if I find a good team. Has anyone had experience doing this, and what was your experience like? I’m very conflicted.

like

Anyone know of a good career coach I could reach out to? Thanks in advance! 🙏

like

Any chance I'd get my ass into an IB with relatively low grade, but genuinly good work experience. FYI, tier 1 undergrad finance student from India!

like

Currently in Risk Assurance but have the opportunity to transfer into Deals & Strategy. Which one is better for a career long term?

like

How can I make friends in Chicago?

like

Hi helpful Fishies, I’m looking to pivot to a tech sales role after 3 years in consumer goods as an account manager and would love to get your advise on the following:

1) what are some roles that I could apply for, 2) expected salary package, 3) any hard certifications required

like

35F divorced with a kid. I think I will never get remarried or in a serious relationship again. Lots of men don't like dating women with children. At my age either the guys are past their prime, divorced/ing and have to provide half their income to their first wife. Many with kids live on the same street as their ex wives so they can be close to their child. I'm not comfortable dating guys like that. On the flip side there are the ones that were never married, which by this age cont

like

What's the most fun certification you have studied for?

likefunny

Is an MBA necessary for the CPG industry? I’m still on the fence

like

Just starting in cloud work, what certs would you recommend to start the learning process? AWS, Microsoft, Comptia etc…TIA!

How do I get a job at a startup? I have an accounting/finance background, but don’t enjoy that work and want to get into the startup space (been interested for years).

like

More Posts

Bhai log kaisa hai Accenture? Got level 10, security family group hai. Bata do jara doston thoda ghana jo bhi pata hai, dua dunga.

like

Any Germans here? Thoughts on ‚Zum goldenen Hirschen‘ (besides avoiding awards)?

like

Hi guys, i am looking for an opportunity in PWC for the position of Document specialsit. Can anyone help me with the reference. I would be great help

If you aren’t straight, was there a public figure that made you realize this? My first memorable girl crush was Nigella Lawson, a British celebrity chef nearly twice my age.

like

Someone just asked me to give a presentation at 7:30 am on Nov 1. I am saying no because I want to have fun on Halloween night with my neighbors. 👻🎃

likefunny

Mr. Manager is posting again y'all 🤡

likefunny

How were the travel opportunities in KPMG Global prior to the pandemic ? Esp. in management consulting

Anyone else listen in on the TL;DR Live the other day? Thoughts on that?

like

Anyone else feel drained giving interviews?
One company itself have multiple rounds, each round we need to prepare, same self intro etc.. (same for multiple companies)

Kind of casing stress as we need to work + Prepare + Give interviews.
How can we cope up with this?

like

The most hilarious mail from today's mail explosion:

Post Photo
funnylike

What was the hike % last year for a Senior 1 with 2nd rating who didn't get any promotion/progression?

like

Looking to do some case prep in the coming weeks - DM me if interested

like

How hands on are your leadership? Would you rather they got their hands dirty with the work or are you happy they sit away from the action?

like

As a female thirty-something in the industry, feel like I'm just starting to be aware of pay discrepancy 🙄. Curious to hear from others which of our agencies adhere to standards of gender equal pay?

like

Can anyone share any examples of outstanding direct to consumer healthcare ads?

like

Talent retention | There has been alot of people leaving Agency life for other careers which offer more work life balance or benefits or even just going solo. Your thoughts? How long do you plan to stay in this field ?

like

For those who have lateraled to MBB or a Tier-2 firm (ATK/S&/OW/LEK/etc) - how did you find time to prep for case interviews if you’re staffed on an intense project?

like

Hey everyone! Looking for marketing referrals in the cannabis industry. Thanks! ✌️😮‍💨

like

Guys,

Please help me with any vital contacts that should be kept with me before my last working day in Capgemini.

I took my payslips
Form16
Salary revision letters

Anything I am missing?
How to connect with Capgemini after last working day for any queries or clarifications?

Please advise. Thanks in advance

like

Does Cognizant reimburse monthly Broadband expenses?

like

Additional Posts in Investment Banking - IBD

What kind of bonuses do EY, Deloitte and GT guys working in M&A Corporate Finance make in UK? I’ve got offers from the three - a mix of AM and M levels and would appreciate any insights. Thanks.Grant Thornton EY Deloitte

likehelpful

Thoughts on PJT strategic advisory?

like

I am going to speak with a recruiter at Houlihan Lokey TMT in LA. I would like to know more about the group and its culture. Would love to connect and network🙏

like

Are coverage group hours better than m&a at your bank? From a lifestyle standpoint

like

Does Barclays UK help it's employees who are interested in getting financial/ accounting certifications?Barclays

like

I’m four months into my job and I got put onto a PIP. I worked so hard to break into IB, put up all the hours and even working 2am nights for weeks, learned a ton, and improved a lot along the way as the sole analyst yet this happens. I’m extra worried because it doesn’t seem there’s IB analyst positions out there. Im really hoping come January more positions come up but I’m just praying they don’t fire me until then. Anyone have general tips for this situation?

like

Anyone at Goldman in Portfolio Construction/Liquidity/Fixed Income that would mind chatting with me? Have an interview coming up soon.

like

I just received an offer to lateral into banking. How does independence affect the stocks I currently own? If I join and my stocks are on a restricted list will I have to sell them? Or will I be limited to being unable to buy more/sell any during the course of my employment.

likeuplifting

Interesting all the noise about these PPT, my take:

The pandemic took all the upside of an IB analyst life (client meetings in person, fancy trips, suit up, worshiped at networking events) and left all the juniors with the downside (long hours, monkey-like type of job, aggressive work environment).

Not that the complaints are not sort of legitimate but you may need to revise the decision-making process that led you to accept a return offer. Specially if you were looking for less hours.

like

Senior Risk Consultant + CPA at big 4 (4 YOE) looking to break into IB with no Deals experience. Would appreciate any tips, tricks and resources for interview prep and beyond. I have an interview coming up with an MM bank in their Real Estate group. TIA

like

Have an internship next summer in a vertical I don’t want to work in and is completely unrelated to where I want to end up. However the firm is strong in PE. To try and break into that side after my internship at the same company, would it be more beneficial to take on a (very small boutique) PE internship or an IB internship this fall?

like

What do we think is going to happen with student loan deferral? Any recent new grads thinking they’re going to pay back any time soon? Some argue Biden is going to keep pushing interest pause til next election then forgive 10k as a strategy to help get re-elected? I only have 15k to pay and can pay it anytime, but no incentive to when that money can be earning more elsewhere in the meantime, thoughts on what is really going to happen?

like

For those that have worked at a Bulge Bracket and an Elite Boutique, I’d love to hear you compare/contrast your experiences.

like
like

Hi, was wondering if anyone has info on Investment Banking and/or buyside comp levels in copenhagen?

like

Received an offer for equity research and IB, both in toronto. ER paying $120k base and my understanding is that bonus can be around 25-30%. IB is paying $105k base but likely higher bonus? Which one would u choose if you think you would be good at both

like

I can really use some direction. My background, I've worked 2 years in strategy and am currently coming off an exhausting year 2 in investment banking. I didn't particularly enjoy either role and am not interested in moving over to the buy-side or some monotonous FP&A role. Everybody says there's exit-ops aplenty, but I find myself with less options and even more picky than I did as an ambitious T2 undergrad student. Where do I go from here?

like

What’s the best VDR and why is it datasite?

like

If anyone needs a cfa tutor Dm me I tutor all levels.

like

Have technical interview (pen and paper only) coming up with a BB, can anyone offer advice/resources/suggested way to practice?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal