| Topic Name: |
Does research take place outside NYC? |
| Message Name: |
Bad time |
| Date Posted: |
08/16/2002 |
| In Reply To: |
Very useful feedback. Thank you.
You are right, I do not have a good grasp of the subject matter or players. I am mid-30s, graduate degree (although not MBA), with solid work experience, but looking for a major career change. So I am still exploring options. I am reading WSJ daily, perusing company websites, and have several books on investmnet management, currency trading, etc. to give me a better idea of what interests me. I won't send out my resume or attempt to secure an interview for a couple more months at least.
A friend of mine says I want to stick to the "buy side" of investment management because it's less dog-eat-dog than the sell side, I'd be accountable to an identifiable group of invetors (a pension fund, etc.) and allows one to balance the job and family more so than the sell side. Comments?
I live in the Washington DC area, but would be happy to move anywhere south or West of here, maybe as far as Dallas. I realize that limits my options quite a bit, but quality of life for wife and kids, proximity to grandparents, etc. play a role in this. |
| Message: |
This is a bad time to try to break into the investment field!!!! You should try some firms near the DC area. Friedman, Billings Ramsey (FBR) is one and then there is always Legg Mason & TRowe in Baltimore.
But, from what I understand those firms, have been in hiring freezes for most of the year.
Also, from what I know about the industry, the quality of life on the buy-side is not much better than the sell-side.
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