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This is the job I want...how do I get it?

Discussion in 'General Chat' started by MetroStyles, Aug 12, 2009.

  1. djs488

    djs488 Senior member

    Messages:
    649
    Joined:
    Aug 3, 2007
    +1 on private wealth management.

    I am a college student at UPenn but I interned in the ultra-high net worth office for a major private bank one summer. I decided it wasn't for me, but I frequently suggest it to my Wharton brethren who are looking for a more social workplace and don't have too large an ego to not work for a bulge bracket iBank or in PE.

    Every wealth management group (usually about half a dozen people) included a lawyer and a few qualified traders who mostly just shot the shit with clients all day and frequently went golfing. The atmosphere was very relaxed and the individual groups were pretty autonomous with respect to the bank for which they worked. I would consider it because your take home pay is very correlated with your own sales prowess and performance and the clients you'd be interacting with are very, very interesting people. Hours are very reasonable.
     
  2. globetrotter

    globetrotter Senior member

    Messages:
    20,605
    Joined:
    Sep 28, 2004
    Location:
    greater chicago
    medical device sales is what I'm trying to break into. It's still work but it sounds to be a pretty good job.

    +1. capital equipment sales, medical devices, telecommuniations, industrial capital equipment, transportation capital equipment. essentially, anything that involves 3 or more decision makers and >100 k per PO.
     
  3. dhc905

    dhc905 Senior member

    Messages:
    1,033
    Joined:
    Apr 16, 2007
    Location:
    San Francisco
    Wow, I'm shocked at the love Commercial RE is getting. Being a broker or RE IBanker really isn't sexy work at all, especially if you're under 30-32. I spend most of my time talking to those shmucks and by and large they hate their lives - someone mentioned you don't start earning until mid-40's and that's definitely true of Commercial RE sales. The guys who are MD's at the Eastdils, CBRE's, and HFF's of the world wine and dine and used to make bank, but they're almost all exclusively 40+ year old sycophantic sociopaths.
     
  4. emptym

    emptym Senior member Moderator

    Messages:
    7,321
    Joined:
    Sep 22, 2007
    Development for a university might work. You wouldn't make that much money though. At least I hope not. You could get free tuition for grad school though. Might be a good option for a few years.
     
  5. Laffertron

    Laffertron Senior member

    Messages:
    166
    Joined:
    Aug 9, 2007
    +1. capital equipment sales, medical devices, telecommuniations, industrial capital equipment, transportation capital equipment. essentially, anything that involves 3 or more decision makers and >100 k per PO.

    Spot on. The easiest way I know to get to this situation is enterprise sales executive. You might each shit for a couple of years learning the ropes but once you're looking after a couple of larger accounts you can absolutely kill it. If you're 21 you can easily get there before you're 30.

    Life might seem easy once you get to that level but you're going to have to work pretty hard to get there, so don't be afraid of a bit of stress/pressure.
     
  6. gomestar

    gomestar Senior member

    Messages:
    19,383
    Joined:
    Oct 21, 2008
    Location:
    NYC
    A while ago I probably could have given you an in to Private Banking, but many of the leads to the business have dried up. Otherwise I'd be there myself [​IMG]
     

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