Third Party Marketing Career
Third Party Marketing Careers
If you are starting a third party marketing career you are in good company, dozens of highly experienced investment and hedge fund marketing/sales professionals are entering the industry each year. In terms of total firms offering services the industry is growing by over 15% each year. While some professionals may leave an investment manager or hedge fund to start their own third party marketing firm many more first work or partner with an existing third party marketing firm. The benefits of starting a third party marketing firm are many and relatively easy to implement.If you can raise assets, and consistently bring in $100m-$200M/year you can typically eliminate most types of political/corporate risks while earning 2-10x more than you would while working for a large institution such as Lehman Brothers or Goldman Sachs. As the economy goes through this rough patch and bonuses are skimmed and 50 year old executives laid off I see this trend of third party marketing startups only increasing.
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