Need FA opinions

No replies
nycre's picture
Joined: 2006-08-30

Need some career advice from the seasoned professional here;

I have been in commercial real estate finance for past 4
years, working for a commercial lender for first 3. For the past year I have
been brokering and structuring commercial real estate financing for private
clients and doing some advisory work with business real estate owners i.e.
financial analysis; what is worth buying and what’s not etc. I have an
undergrad in Finance (high gpa from NY state school) and will be taking the
level 1 CFA exam in Dec. All money in this business is made in commissions and I
have been averaging 70–110K. Don’t have an MBA but plan to pursue one in a year
or so. My next logical step would be employment with a real estate oriented
company such as a private equity firm or REIT but I am exploring the
PWM/financial advisory area as the private client arena is not as stable as I would
like it to be and friend workin for REITs tell me its redundant and monotonous


Here is my question to the seasoned posters on the board;

If I decide to switch to PWM/financial advisory, what are my
chances of landing a position paying at least the same compensation and what
would possible crevice would I fit in i.e. are there advisors or departments
with a focus on RE management or transactional advisory or just one class of solider
advisors. I will not be coming in with a book of ready and willing HNW clients.
I had an informal offer thru a college mentor for accounting form EY for RE
advisory group but I turned in down a year ago. Wondering where to go from
here. Any advice/input would be appreciated.

Please or Register to post comments.

Industry Newsletters
Investment Category Sponsor Links
Planning Investment Category Sponsor Links
Wealth Planning Category Sponsor Links

Sponsored Introduction Continue on to (or wait seconds) ×