Entry-Level Positions For Aspiring Portfolio Managers

That's a tough one. For undergrads, I think there are a bunch of options. A culture of mentoring and being able to be physically next to people who are a level or two up from you is super important. I can't stress that enough.

Meaning you're grinding, they're asking you to do what might seem like menial tasks on Excel, but they're doing more advanced things. You want to be next to that person so you can keep learning. I think that's been really hard with COVID, unfortunately, and junior folks have really suffered or just have had a loss because of that.

I think rotation programs are a really good thing, again, as long as they're following what I just mentioned. As long as you're able to be around people where you're learning constantly, that's really important.

I also think it can be very easy, especially when you're a senior or junior, to say, "I want to work somewhere for five years." The world just doesn't exist like that. Most of the time, people have to take other jobs or go lateral in order to make a move up in their career. Just not being afraid of that is a good thing.

So, both knowing that it's okay to move around and also actively seeking, or building a network where you can help do that. It's shocking that people I worked with 10 years ago, and haven't talked to since, would give me a shout and say, "Hey, there's a job that I saw, can you refer me to it?" And if we had a good relationship, I'd be more than happy to. It's shocking how long-term those relationships go, having not spoken to people.