Boutique vs. Universal Bank question

Morning Monkeys,

I have a slight dilemma I want advice on.

Some of you may know that I current work in corp finance for a large universal bank. I have received a job offer at a boutique firm that focuses on the advisory side of business. I am slightly torn about whether to take the offer or not.

Pros:
1) Much more money
2) Good dealflow for a small team - the partners are real rainmakers
3) Small team means broader workload.

Cons:
1) Small team - if I can't stand the guy next to me then tough sh*t I can't do anything about that, plus most of the guys will be senior to me so if we don't get along then it is more down to me than him
2) My current team also has outstanding dealflow with more variety
3) Have to go back to being a monkey. Even VPs do extensive modelling because there is a lack of support.

Based on the above and your own experiences what do you guys think? I have never worked in a small shop before and I can't ask the guys on my team for their thoughts for obvious reasons.

3 Comments
 

I dare to say working at a "strong" boutique is better than a larger bank. The industry is changing dramatically with all the regulation and such in terms of pay, etc. Based on how you describe the situation I don't see why you wouldn't take the boutique offer. Your cons seem more like positives to me. Getting direct exposure to industry veterans, working across the deal spectrum, and why is modeling a con?

 

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