I’m currently in the wealth management field and has been there for the last three years. I always wanted to try different industry like tech, automotive or renewable energy but I am bit scared to start from the scratch again. I am currently at slightly above 100k per year and switching to other industry would most likely mean lower pay entry level job. Any advice on that matter ?

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

On a different note. I am super curious about this. I have colleagues in WM and they boast on that they have made a million plus some years. Is this accurate in the field? I figured it was probably too certain percent. But wanted to see what the hook was.

It is certainly doable and many do. I am still in a junior position but my salary doubled over three years. The plus side of this business if you are in FA role is that you pretty much have endless opportunity when it comes to the revenue growth. The firm takes the big chunk of it for all services, tools, support etc but the more AUM the more income you generate for yourself

Related Posts

I went for 3 interviews with a company met with vp and was given package thinking I aced interview there was another candidate 😞 the other person for the job. The VP calls me to tell me I didn’t get position however he wants me to re apply in new year that something else will be open, and that he wanted to keep a copy of my resume what does this mean ? Should I apply again in new year or don’t bother ?

like

What do folks think about Directive? (Creative side) any insights will be helpful

like

Hi Fishes - need suggestion, I have Letter of intent received from WIPRO.. But for actual Offer Letter HR is saying will share 2 days before joining.. Can I take it as granted and resign from current organization..

like

Has anyone gone to see a nutritionist? What was your experience like? Worth it?

like

How many of you disclose your race on job applications? Do you feel it helps or hurts your chances of being considered?

like

My dog lives with me in my apt with a 30 inch crate, he’ll be with my mother for a month. Her house is much bigger than my apt, is it bad to order a larger crate for there? Will he come back and be squished?

like

Hi all, need referral for Deloitte. I've the job id. Please ping me

TIA

like

Hi! Wanted to get thoughts from those who have exited to a startup from MBB/T2. Have an offer from a series C start up — would take ~$20k base cut but with bonus (annually) would make about 25k more TC plus RSUs. Much better WLB and great people. Is the base cut normal? Thoughts?

like

Team lead salary in Georgia any idea what the average is ?

like

Any member here who’s the part of Associate to Consultant program?

What reading curriculum/program does your school use? What are your thoughts of the program?

like

Is it a bad idea to lateral now? Market is hot but I hear people are worrying about the stock market and the slowing of deals. I’m lateraling in M&A/ECVC space.

like

Has anyone here started their consulting career from an audit role at a B4? If so, how difficult is it to switch?

like

Seeking advice. My company was acquired and the new CEO (white, cis gender) is a fragile misogynist. He's an old-school marketer and it's like having your dad in a meeting explaining (continued..)

I'm on weekly NFT dev Q&A in a Twitter space. Watch the #NFT keyword on Twitter Tuesdays at 4pm Eastern.

like

What topics would be of interest to attorneys looking to meet CLE requirements in 2021?

like

Is Cognizant offering permanent WFH option for new joiners?

like
like

Any agencies hiring junior strategists in NYC? Or freelance gigs?

like

Hi fishes! Any insight on Amazon Inside Recruiting model, culture and work-life balance? Num of reqs load?

like

Additional Posts in Career Advice for Students

Hey i am new here. Looking for some referrals for Model Risk analyst /Market risk / or Banking Analyst Positions.

Please like the post .

Have a gread day.

like

Hello everyone. Hope you all are well. I am looking for a referral at Amazon. Thank you in advance. 😊

like

Bain & Company When I applied to Bain for my MBA internship I was rejected right away. I was told that Bain prefers unique profiles and does not care for pure engineering background. Is that true? How can I make my resume stand out? Would a custom cover letter help? Bain & Company

I have an offer from Walmart but I'm also interviewing at Meta. I'm midway through the Meta process but there's still a long way to go and I don't want to rush through it unprepared. Both are for a Data Scientist position. Any suggestions on how to deal with a situation like this? Walmart Facebook (Meta)

like

Which is better for Data Engineering roles:
BCG or Mckinsey?

likeuplifting

Desperate attempt to get an EY summer internship referral. I’m an MS student with 2yoe as a Tech Consultant at Deloitte. The deadline for the summer internships is next week and would appreciate any help I can get🤞🏽
I still cant access my DM’s so please email me dimhara0@gmail.com if you feel like helping a desperate student out:)

like

Employment post college: will internship experience or type of degree earned speak more to employers? I’m a psych major & landed a wealth & investment internship with Wells Fargo. I’m trying to break into consulting fields.

like

Deloitte GPS Business Analyst vs Mercer Health Consulting Analyst?

Deloitte's offer is 7K more and in a cheaper area. Equal interest in both jobs, slight preference for Mercer for people + culture. Leaning towards Mercer because I graduate in Dec and can start in Jan vs having to wait until next summer for Deloitte + location (although higher COL)

Concerns:

Exit opportunities
Pigeonhole-ing myself into health consulting / How hard would it be to join Big 4 in a year or two if I don't like it

like

Can I get some likes to unlock DMs? Thanks you

like

Any advice for the best credit cards to apply for before starting a job in strategy consulting coming right out of undergrad? Will likely be traveling a fair amount.

like

Looking for positions for something in Software Engineering at the early career level. I’ve completed a coding bootcamp and will completing my a.s in December. Looking for live opportunities :)

like

Recently Store Managers have been offering me jobs from different locations but same company in my town. The company is T-Mobile. It’s going to be my first job. I have a couple questions for any former/current employees. Is it better to work for T-Mobile, metro by T-Mobile, or a third party T-Mobile? Any difference in benefits or wage? Thanks

like

Does anyone have experience in the construction/contracting industry? If so do you have advice for a new grad going to a top contractor?

like

Any suggestions or advice to study for the LSAT?

like
like

How long does it take to prep for GMAT?

like

Does anyone know of companies that offer IT consultant training programs? I would love to be trained to build solutions for clients in the AWS cloud. My background: cyber and cloud degrees in college, IT intern experience, and plenty of projects outside of school.

like

Help please!!!

Strategy & Ops at large tech company (non-FAANG) - 120K TC (San Francisco)

Rotational Program at Industrial Firm - 170K TC (Chicago)

Industrial Company:
- Would pay for grad school
- Comp is insane
- Work is more niche
- Company culture is rough
- MBB / tech exit
- smaller less known company

Tech Company:
- Cool company
- well known
- Enter tech early on
- Salary lower than other by a lot
- PM / Biz Ops exits

Both companies have good MBA placement. What would you do?

like

What would be a good salary range to expect as a Senior Business Analyst role in Atlanta, Georgia? Background is 3 years of industry experience in India with a MS in Business Analytics from ASU. Any inputs would be appreciated!! Thanks.

like

Hi all,
I'm graduating this fall with a B.A. in political science. I take the LSAT Nov. 12th and have a mentor helping me to apply to law school for the Fall 2022 cycle. If it matters my GPA is a 3.5 (possibly 3.6). I'm quickly realizing that I need a job in the meantime (starting January). I'm based in Boston and New York but if the position is lucrative enough I'm willing to relocate. Any high paying but temporary roles that anyone would reccomend?

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

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

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