Are there good remote/lifestyle jobs in AM?

It seems like in tech, there can be much more flexibility in working hours and location. Can this apply to experienced AM guys? Those who eventually want to spend more time with family. It seems like it would be tough, generally having to be tied to the market. 

If not specifically AM, then where do people exit to as priorities shift?

 

Based on the most helpful WSO content, it's true that the tech industry is often lauded for its flexibility in working hours and location. However, the asset management (AM) sector is also adapting to the changing work environment, including remote work opportunities. Here are some insights:

  • Remote Work in AM: While traditionally AM professionals are expected to be close to the markets and their teams, the trend is shifting. With advancements in technology and communication tools, remote work has become more feasible. Senior professionals with a proven track record and established relationships may find it easier to negotiate remote work arrangements, especially if they can demonstrate that it won't impact their performance.

  • Lifestyle Considerations: Asset management roles, particularly those that involve managing a book of business, can offer a decent work-life balance. This is because, as you gain experience and seniority, you may have more control over your schedule. However, it's important to note that market hours can still dictate availability to some extent.

  • Exit Opportunities: As priorities shift towards family and lifestyle, experienced AM professionals may look for roles that offer greater flexibility. This could include:

    • Moving to a boutique asset management firm with a more relaxed culture.
    • Transitioning to a wealth management or private client services role, where there may be more control over one's schedule.
    • Exploring independent or consultant roles, which can provide more autonomy over work hours and location.
    • Considering positions in corporate strategy or financial planning within a corporation, which might offer a more traditional 9-to-5 schedule.

It's important to weigh the trade-offs between flexibility, compensation, and job satisfaction when considering a shift in career priorities. Networking with peers and exploring various roles can provide a clearer picture of what opportunities are out there for seasoned AM professionals seeking a better work-life balance.

Sources: Fork in the road: Career path in Asset Management, Careers During Economic Downturn, Side Jobs you can do while working in Asset Management?, 100% Remote Work in Investment Bank - Is It Possible?, Legit Chill and Easy Jobs in CRE

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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