Capital Markets Advisory to IB Lateral?

I'm currently a capital markets advisory analyst at a smaller firm (<200 employees) and I'm wanting to lateral into IB at some point in the near future. The firm and its competitors are definitely more "Consulting" (as per my profile) rather than a bank. Our primary strengths are M&A, Investor Relations, Activism Defense, and really anything public-facing that falls under the purview of a CFO. The work is pretty high level as we work with C-Suite execs and boards. Our clients tend to be mid and large-cap public companies with the occasional mega-cap and pre-IPO

Came from a low semi-target school and graduated with a 3.7. We have a little OCR and a solid network. A decent number of my peers managed to get IB in BB and MM but I was unable to due to being late to the recruiting cycle (didn't get serious until Jan/Feb). My technicals are strong but I got dinged from my 2 interviews likely due to fit and no SA experience. As a result, I settled for this job. 

I figured this is close enough to IB and high-level enough to where it can be transferable. The culture is great and the comp is solid (market rate for non-MBB consulting). Most of our senior folks are laterals from IB, ER, Buysiders, and Corp Fin so it does seem reasonable that the reverse could be possible. 

It's a bit of a niche subject but I'm hoping anyone can provide some insight into if this is a possibility or how I ought to go about it. Thank you

1 Comments
 

Similique aperiam nihil eum doloribus adipisci totam. Et dolorum minus optio. Tempora molestiae officiis et aut nesciunt velit.

Eaque quos perspiciatis ea nulla magni laboriosam dolore. Sint libero aut qui quis. Sit voluptatum cum perferendis eaque sed corrupti recusandae necessitatibus.

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

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
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...”