Mutual Fund Wholesalers

With a few years of experience, an internal wholesaler can advance to the position of external wholesaler, who has more client-facing responsibilities and receives higher pay than that of internal wholesalers. External wholesalers can move into management positions or another sales role at a more prestigious fund company or into investor relations at a hedge fund. Many external wholesalers stay in the same position throughout their careers because the pay and the perks are so good.