For starters, having a business related degree in addition to a JD isnít going to magically open doors. What it does is separate you from others, particularly if you have work experience. If you want to practice at a firm, it still boils down to grades/class rank and, depending on the firm, which school you went to. However, your experience in financial services coupled with a good academic record in law school would put you in a good position. You can position yourself as someone who knows (1) how the business world works in general, (2) has an understanding of financial markets and securities and (2) can professional handle clients, along with any other strengths you view yourself as having.
Regarding areas of focus, estates & trust work is a good fit, but from a legal perspective would involve more tax, wills and trust work rather than investment selection. Also donít overlook compliance work. For wealth management, this would involve areas such as AML/KYC and the various securities laws that play a role in that area. I had a classmate who now is a regional compliance manager for a global investment bank. She has an MBA in addition to her JD. This is also a potential way to move in house where you are at, as a lawyer.
The CFA track would also be beneficial in private equity and M&A. Having an understanding of valuations, its impact on financial statements and how impacts the dynamics of the deal go a long way in this area. The key in this area is having an understanding of the economics of the deal. Only then can you accurately assess the legal ramifications that the deal will entail. A CFA track would also be beneficial in capital markets work because of the basic knowledge of financial instruments you would have gained. Depending on whether you at a firm or in house, this would involve a lot of í33 act work and other regulations such as Reg M.
Finally, if you do pursue a JD begin networking with those layers you interact with. They may provide a door to future employment.