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Working at a mutual fund?

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Nov 11, 2009 3:15 am

twoeyeguy

Joined: 2009-10-23Offline

anyone have experience with this?

Nov 11, 2009 1:02 pm

Wet_Blanket

Joined: 2008-11-13Offline

what kind of work?

Nov 11, 2009 2:06 pm

twoeyeguy

Joined: 2009-10-23Offline

Analyst and/or sales rep.

Nov 11, 2009 2:30 pm

Wet_Blanket

Joined: 2008-11-13Offline

as far as the large firms go, it is very competitive.

Nov 12, 2009 4:53 am

SFEZ

Joined: 2008-10-25Offline

I know a couple of FA’s who had trouble and left wirehouses to go work at fund families…

  The entry level positions were internal wholesalers.......   They did it for 2-3 years and both are now external wholesalers.......one got a good region (Northeast) and is doing well.......The other got the Midwest, but I haven't spoken to him in while......
Nov 16, 2009 2:19 am

liquidasset

Joined: 2005-08-10Offline

I second that large fund companies are very competitive, but it depends what you do at the fund company. If your in sales generally you have to start as an inbound rep or Internal Wholesaler. Most internals want to be externals. Many good EW's are laid off so their is stiff competition for EW jobs even if your internal.