Best Route to PE - Stay at MM with good team relationships, or lateral to BB?

I'm currently an analyst at a low-to-mid tier MM (think SocGen, BNP Paribas, etc), hoping to make my way to PE. Buy-side recruiting at my firm is pretty much nonexistent, and very few, if any juniors receive buy-side offers. I'm in a smaller group with consistent deal flow, so the analysts do get transaction experience, but the sample size for previous exits is too small to draw any conclusions. However, the MDs have been very pleased with my work, and I've managed to develop great relationships with all the seniors in my group. While I haven't brought up recruiting to anyone, a few of my MDs have buy-side relationships from earlier in their careers, and have even mentioned that they would support me recruiting if I were to show interest down the line.

Is the support I could get from seniors at my current bank going to be enough to overcome the bank's reputation during recruiting, or am I better off attempting to lateral to a BB/EB? I understand that my resume will be stronger if I lateral, but I also don't want to burn bridges I've built up so far, and even risk getting blacklisted from PE firms, where my old MDs have connections. I've gotten mixed responses from friends recruiting for / currently in PE, some of whom said that a senior's recommendation is more important than the bank you came from, while others said that having a well-known firm on your resume is going to be much more helpful.

1 Comments
 

Explicabo rerum veritatis in commodi quia aut a. In error delectus omnis quis eaque ullam aut. Magnam architecto aut facere sapiente omnis neque nam. Nam commodi incidunt cum itaque. Est ratione laborum dolor in officiis libero.

Omnis necessitatibus aperiam reiciendis non corporis quas sed. Ratione laudantium voluptas veritatis dignissimos. Suscipit unde non quo facere. At tempora velit qui ullam laborum aperiam in. Tenetur nemo et asperiores voluptas et adipisci.

Ea qui sunt cumque velit nostrum non. Explicabo laudantium velit nemo. Voluptatibus labore eius rerum hic. Magni inventore ad recusandae ab adipisci inventore eos. Sit corrupti vitae nemo vero consectetur qui unde. Dolores sunt at libero quaerat quidem omnis culpa veniam.

Accusantium quis illum expedita quaerat. Fugit autem laudantium nihil. Qui voluptas aliquid commodi facilis dolores a.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”