High Finance Thread

Originally Posted by Unregistered

Hey guys,

I am in between interviews with Capital Groups for the Europe/Asia Client Group early career program. And was wondering about the long-term prospects.

I wish to get into the Private Banking FO role. Is it possible to get to that after learning and gaining experience at CG in sales/Relationship Management role? If yes, how many years should I be looking at before making the switch?

Are there other better routes?

PS: I do not want to sound like I will surely get in CG, it's an "IF" question.

Best and easiest route into pte banking is to say you can bring on clients with fresh funds in excess of 10m or more

Originally Posted by Unregistered

Best and easiest route into pte banking is to say you can bring on clients with fresh funds in excess of 10m or more

curious why you would want to go from AM back to PB. Most people do the opposite

Originally Posted by Unregistered

Hey guys,

I am in between interviews with Capital Groups for the Europe/Asia Client Group early career program. And was wondering about the long-term prospects.

I wish to get into the Private Banking FO role. Is it possible to get to that after learning and gaining experience at CG in sales/Relationship Management role? If yes, how many years should I be looking at before making the switch?

Are there other better routes?

PS: I do not want to sound like I will surely get in CG, it's an "IF" question.

curious why you would want to go from AM back to PB. Most people do the opposite

Originally Posted by Unregistered

curious why you would want to go from AM back to PB. Most people do the opposite

More shake leg job and sometimes can get gifts or free sex from clients

Originally Posted by Unregistered

Hey guys,

I am in between interviews with Capital Groups for the Europe/Asia Client Group early career program. And was wondering about the long-term prospects.

I wish to get into the Private Banking FO role. Is it possible to get to that after learning and gaining experience at CG in sales/Relationship Management role? If yes, how many years should I be looking at before making the switch?

Are there other better routes?

PS: I do not want to sound like I will surely get in CG, it's an "IF" question.

Wtf? Most people dont leave CG unless they get fired lol. CG is the exit opp for high finance. Good luck on your interviews.

Originally Posted by Unregistered

Hey guys,

I am in between interviews with Capital Groups for the Europe/Asia Client Group early career program. And was wondering about the long-term prospects.

I wish to get into the Private Banking FO role. Is it possible to get to that after learning and gaining experience at CG in sales/Relationship Management role? If yes, how many years should I be looking at before making the switch?

Are there other better routes?

PS: I do not want to sound like I will surely get in CG, it's an "IF" question.

Client group is institutional distribution or either? If you get in, why don't you join the retail distribution / biz dev team for Capital Group if you are interested in private banking.

Originally Posted by Unregistered

Wtf? Most people dont leave CG unless they get fired lol. CG is the exit opp for high finance. Good luck on your interviews.

Actually, I am just exploring options. I am not very sure what it's going to be like. I don't even have a finance background (edu/professional). I am finding my way in because of personal interest and what I have taught myself over the years.

If I like it there (again don't want to sound like they will definitely offer me ahaha), and the pay is good I'll stay and this is very likely from what I have heard
and from my experience talking with the hiring manager (the culture seems to be great). It is hard to find much information on them since they only started hiring fresh grads in sg recently. Hoping to get more informed my initiation discussions with people like you and the rest here perhaps

thank you all for sharing your inputs btw!! i really appreciate it

Originally Posted by Unregistered

curious why you would want to go from AM back to PB. Most people do the opposite

I am not interviewing for analyst/portfolio management role which is highly paid at AMs like CG (atleast from fresh grads). It the sales/RM role. Would you still say that people from PB go to AM in this case?

Originally Posted by Unregistered

Client group is institutional distribution or either? If you get in, why don't you join the retail distribution / biz dev team for Capital Group if you are interested in private banking.

Not sure about the exacts, it’s a program with 4 rotations under client group and eventually my aim would be to continue in sales/RM role. I don’t thing they have retail distribution but saw online that they do have a specific department for private client. I would have to get to know more abt it in my next interview (if it happens) and that could definitely be one place I would like to make my way to.

Originally Posted by Unregistered

Not sure about the exacts, it’s a program with 4 rotations under client group and eventually my aim would be to continue in sales/RM role. I don’t thing they have retail distribution but saw online that they do have a specific department for private client. I would have to get to know more abt it in my next interview (if it happens) and that could definitely be one place I would like to make my way to.

Yeah, the "retail" distribution channel for mosr house is basically working with PB/WM divisions for banks. Not all houses have strong mum and pop distribution. So most are focused on the institutional distribution and private banking.

Not sure if Capital has a big presence in SG previously. But if it is building up its team in SG, then it should be a very good time to be in. Growth phase has plenty of promotion opportunities for new joiners.