whystudy Wrote: ------------------------------------------------------- > TheAliMan Wrote: > -------------------------------------------------- > ----- > > Absolutely 0 at my work > > > which firm do you work at ?.. BK or MCD? Haha, no. I work at a place that actually makes money
Hooters?
I wish I did as a bartender. That would be a hoot
BiPolarBoyBoston Wrote: ------------------------------------------------------- > Rudeboi Wrote: > -------------------------------------------------- > ----- > > What about things like Manager search/due > > diligence …You don’t need to be an actuary > for > > that and a lot of DB firms small and large > hire > > consultants to conduct manager searches and > > address various other things like compliance , > > risk etc . > > You are correct. At my firm there is a dedicated > staff whose sole responsability is reviewing > managers. The senior people in the team are mostly > CFAs and usually come other consulting firms or > are former consultants. The junior people are all > internal. > > It’s a 9-5 job, light-medium travel depending on > client requests, lots of lunch/dinner meetings, > pay aint that great, limited exit opps, but you do > get to meet a ton of people trying to pitch you > their products How much do you think they make ?
hendriar14 Wrote: ------------------------------------------------------- > a +1
Rudeboi Wrote: ------------------------------------------------------- > BiPolarBoyBoston Wrote: > -------------------------------------------------- > ----- > > Rudeboi Wrote: > > > -------------------------------------------------- > > > ----- > > > What about things like Manager search/due > > > diligence …You don’t need to be an actuary > > for > > > that and a lot of DB firms small and large > > hire > > > consultants to conduct manager searches and > > > address various other things like compliance > , > > > risk etc . > > > > You are correct. At my firm there is a > dedicated > > staff whose sole responsability is reviewing > > managers. The senior people in the team are > mostly > > CFAs and usually come other consulting firms or > > are former consultants. The junior people are > all > > internal. > > > > It’s a 9-5 job, light-medium travel depending > on > > client requests, lots of lunch/dinner meetings, > > pay aint that great, limited exit opps, but you > do > > get to meet a ton of people trying to pitch you > > their products > > How much do you think they make ? Heads = CFA + MBA, 20+ years of exp = I would think mid 100s all in Managers = CFA and or MBA ~10-20 years of exp = ~low 100s all in Junior = pass a level or two and or MBA, 5-10 years of exp = 70-90k all in Entry level = BS w/1-4 years of experience = 40-50k Little turnover in high levels so people wait a long time for promotions. Nobody in my office drives nice cars, the best i’ve seen is an older model Mercedes.
I always thought the heads would make a little more , don’t they have profit sharing ?
Only one CFA charterholder at my firm; he was a former sell-side analyst
yes double digit profit sharing and not included in the #s above.
I guess that’s where the real $$'s are . They may not be part of the millionaire club but its not a bad gig and the hours seem decent .
none in my office
5 out of 8
We have a handful of people that are Cat Fanciers on my team, but not all of them have joined the Association.
I work in sell side research and 90% of people are charter holders or are taking the exams. It is required unless you came in with a strong experience and a masters.
myself out of 5
whystudy, what firm do you work for?
2 out of a team of 10 fund accountants, and 3 in progress (me included). its that difficult to get out of the back office in oz…
BiPolarBoyBoston Wrote: ------------------------------------------------------- > Rudeboi Wrote: > -------------------------------------------------- > ----- > > BiPolarBoyBoston Wrote: > > > -------------------------------------------------- > > > ----- > > > Rudeboi Wrote: > > > > > > -------------------------------------------------- > > > > > > ----- > > > > What about things like Manager search/due > > > > diligence …You don’t need to be an > actuary > > > for > > > > that and a lot of DB firms small and large > > > hire > > > > consultants to conduct manager searches and > > > > address various other things like > compliance > > , > > > > risk etc . > > > > > > You are correct. At my firm there is a > > dedicated > > > staff whose sole responsability is reviewing > > > managers. The senior people in the team are > > mostly > > > CFAs and usually come other consulting firms > or > > > are former consultants. The junior people are > > all > > > internal. > > > > > > It’s a 9-5 job, light-medium travel depending > > on > > > client requests, lots of lunch/dinner > meetings, > > > pay aint that great, limited exit opps, but > you > > do > > > get to meet a ton of people trying to pitch > you > > > their products > > > > How much do you think they make ? > > Heads = CFA + MBA, 20+ years of exp = I would > think mid 100s all in > Managers = CFA and or MBA ~10-20 years of exp = > ~low 100s all in > Junior = pass a level or two and or MBA, 5-10 > years of exp = 70-90k all in > Entry level = BS w/1-4 years of experience = > 40-50k > > Little turnover in high levels so people wait a > long time for promotions. Nobody in my office > drives nice cars, the best i’ve seen is an older > model Mercedes. wow, that sounds about right… that’s ofcourse in USD terms. it’s a pretty gig once you climb up, you will be pulling in like 100k a year working 9-6 or so meeting clients etc. not a bad job at all. steady income and a very respected job, people come to you as if you are a finance god
This is true. I was in a pretty much back office role in OZ at goldman sachs JBwere. They look down on you all the so called hot shots from the front office. Actually the worst are the young ones there in their early and mid 20’s. Point is lots of them have lost their jobs and never got to the stages of making good cash, and I have a pretty neat consulting job at a Big 4 now!
BiPolarBoyBoston Wrote: ------------------------------------------------------- > Rudeboi Wrote: > -------------------------------------------------- > ----- > > What about things like Manager search/due > > diligence …You don’t need to be an actuary > for > > that and a lot of DB firms small and large > hire > > consultants to conduct manager searches and > > address various other things like compliance , > > risk etc . > > You are correct. At my firm there is a dedicated > staff whose sole responsability is reviewing > managers. The senior people in the team are mostly > CFAs and usually come other consulting firms or > are former consultants. The junior people are all > internal. > > It’s a 9-5 job, light-medium travel depending on > client requests, lots of lunch/dinner meetings, > pay aint that great, limited exit opps, but you do > get to meet a ton of people trying to pitch you > their products BiPolar, I’m in Boston as well and do manager selection, due diligence, and monitoring. Are you at an institution with an asset base that has its own team to do these functions or are you at a consulting firm? I just started in this role and your exit opps comments worries me (either way it was an improvement over what I was doing before). Did you go to school (undergrad or MBA) in boston?