Advancement time frames and paths for associates vary by firm and how each firm measures success. Some associates advance by being asked to join the firm’s market strategy team, become a supervisor, or open a new branch office in another city. If you move into any of these positions, you’ll also likely be promoted to vice president.
Some associates who are unsatisfied with their career progression leave their companies to work in similar positions at other firms. Others pursue a variety of Wall Street jobs. For example, some choose to work for a hedge fund, or become a more traditional broker/dealer, or even parlay their entrepreneurial abilities into a career as an independent advisor. Associates who do not yet have their MBAs can enroll in graduate school.
- Accountants
- Auditors
- Chief Information Officers
- Commodities Brokers
- Financial Consultants
- Financial Institution Officers and Managers
- Financial Quantitative Analysts
- Financial Services Brokers
- Hedge Fund Investor Relations Specialists
- Hedge Fund Relationship Managers
- Investment Bankers
- Investment Banking Analysts
- Investment Banking Associates
- Investment Banking Sales Brokers
- Investment Banking Traders
- Investment Fund Managers
- Investment Professionals
- Mutual Fund Wholesalers
- Tax Managers
- Wealth Management Accountants
- Wealth Management Analysts
- Wealth Management Compliance Professionals
- Wealth Management Investor Relations Specialists
- Wealth Management Lawyers
- Wealth Management Managing Directors
- Wealth Management Risk Managers
- Wealth Management Vice Presidents
