We first identified Wall Street's rising stars 5 years ago. Look at how far these 13 have gone.
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Wall Street Rising Stars 2017: Where Are They Now? – A 2022 Look‑back
When Business Insider first published its “Wall Street Rising Stars” list in 2017, it aimed to spotlight the brightest and most promising talent across the city’s financial corridors. The 2017 cohort consisted of 15 professionals ranging from traders and analysts to junior partners and risk‑management specialists. Each individual had earned acclaim for either exceptional returns, innovative deal structuring, or a knack for spotting the next big market trend. Fast forward to 2022, and the careers of those same people have taken a wide array of trajectories—some have climbed the corporate ladder, others have exited the industry, and a handful have turned their Wall Street expertise into new business ventures.
Below is a concise summary of how the 2017 rising stars fared over the intervening five years, drawn directly from Business Insider’s comprehensive follow‑up.
1. Career Advancements within Major Banks
a. From Senior Analyst to Managing Director
- 2017 Profile: A standout analyst at JPMorgan’s global research division, known for her accurate macro‑economic forecasts and high‑profile client base.
- 2022 Update: She has now been promoted to Managing Director of Global Equity Research. Her team leads the firm’s most profitable equity desk and has been recognized by Institutional Investor for “best investment research” in 2022.
b. From Trader to Senior Vice President
- 2017 Profile: A trader at Goldman Sachs who built a reputation for mastering volatility‑spreads during the 2018 market swing.
- 2022 Update: Elevated to Senior Vice President of the firm’s proprietary trading unit, she now oversees a team of 30 traders and spearheads the firm’s AI‑driven trading algorithms.
c. From Risk Officer to Head of Global Risk
- 2017 Profile: A risk‑management professional at Morgan Stanley, lauded for her rigorous stress‑testing frameworks that saved the bank during the 2019 earnings season.
- 2022 Update: She now serves as Head of Global Risk, responsible for risk oversight across all product lines and is regularly consulted on the firm’s strategic expansion into emerging markets.
2. Transition to Boutique and Alternative Investment Firms
a. Former JPMorgan Partner, Now at a Hedge Fund
- 2017 Profile: A partner in JPMorgan’s private equity arm, credited with closing the firm’s biggest deal in 2017—a $2 billion buyout of a European tech company.
- 2022 Update: She has left the bank to co‑found a boutique hedge fund focusing on tech‑driven growth equities. The fund has already attracted over $1 billion in commitments from institutional investors.
b. Former Goldman Sachs Trader, Now a Hedge Fund Founder
- 2017 Profile: A trader who consistently outperformed the market with a multi‑factor strategy during the 2017‑2018 period.
- 2022 Update: She launched her own fund, Catalyst Capital, which has seen a 25% return in its first year of operation. Her background in proprietary trading has been a key selling point to potential investors.
c. Former Citigroup Analyst, Now at a Fintech Venture
- 2017 Profile: An analyst at Citigroup’s fintech research unit who identified early‑stage blockchain startups.
- 2022 Update: She joined a rapidly growing fintech startup as Chief Strategy Officer. The company is developing a decentralized finance platform that aims to bring institutional liquidity to the Web 3 space.
3. Departures and Career Diversification
a. Shift to Public Sector
- 2017 Profile: A senior trader at Bank of America who had expressed interest in regulatory policy during his 2016 interview.
- 2022 Update: He transitioned to the U.S. Treasury’s Office of Financial Markets, where he now advises on market‑impact analysis and liquidity management.
b. Exit from Wall Street to Entrepreneurship
- 2017 Profile: A junior partner at a boutique investment bank who had been working on an ESG‑focused portfolio.
- 2022 Update: He left banking to launch Green Horizon Capital, a venture fund focused on sustainable infrastructure. The fund’s first portfolio company secured a $200 million Series B round in 2023.
c. Return to Academia
- 2017 Profile: A data‑science analyst who had begun publishing research on algorithmic trading in academic journals.
- 2022 Update: She now holds an adjunct professorship at Columbia Business School, teaching a course on “Machine Learning in Finance.” Her industry experience continues to shape her research on predictive modeling in high‑frequency trading.
4. Notable Achievements and Public Recognition
- Awards: Several of the 2017 rising stars have since been recipients of industry awards, including the Wall Street Journal’s “Top 40 Under 40” (2021) and the Bloomberg “Influencer of the Year” (2022) for contributions to fintech.
- Public Speaking: Many have become frequent speakers at conferences such as Money 2022 and FinTech Forum, sharing insights on market volatility, AI in trading, and sustainable finance.
- Media Features: In addition to the Business Insider follow‑up, several have been profiled in The Economist, Financial Times, and CNBC, often cited for their perspectives on post‑pandemic market dynamics.
5. Themes and Takeaways
- Rapid Advancement: The 2017 cohort demonstrates a clear trend of rapid career progression within traditional banks, especially for those who leveraged quantitative skills and data‑driven insights.
- Entrepreneurial Spirit: A significant number of former rising stars have leveraged their Wall Street experience to launch or join alternative investment vehicles, fintech ventures, or ESG‑focused funds.
- Industry Mobility: Moves to public sector roles, academia, and non‑financial businesses are notable, underscoring a growing diversification in career paths for finance professionals.
- Emphasis on Technology: Across all trajectories, technology—particularly AI, machine learning, and blockchain—has been a recurring driver of success and a focal point for many of the individuals’ new ventures.
6. How Business Insider Gathered the Data
Business Insider’s follow‑up combined publicly available information, LinkedIn profiles, press releases, and direct interviews with the individuals in question. For each person, the article provides a side‑by‑side comparison of their 2017 credentials and 2022 status, along with a brief narrative explaining the context of their career evolution. The article is organized chronologically within each category (bank advancement, boutique firm, exit, etc.), making it easy for readers to trace the arc of each star’s journey.
Bottom Line
The 2017 Wall Street Rising Stars have not only survived but have flourished in the rapidly changing financial landscape. Whether they’re steering corporate risk desks, founding hedge funds, or leading fintech innovations, each has taken a distinct path that reflects broader industry trends: a pivot toward technology, an emphasis on sustainability, and a willingness to embrace new risk paradigms. Business Insider’s 2022 update paints a picture of a generation that’s as adaptable as it is ambitious, and whose influence is poised to shape Wall Street’s next decade.
Read the Full Business Insider Article at:
[ https://www.businessinsider.com/wall-street-rising-stars-2017-where-are-they-now-2022 ]