Did I screw up?

Got an offer to join a small boutique after being in an ops role at a fintech firm the first 6 months after graduating from a non-target. Having wanted to move into IB I took it since former interns and FT alum of the firm have placed at or moved on to CS/UBS, Carlyle, KKR, Accel-KKR, JPM, MS, EVR, LAZ etc.

However the pay structure and the job are way different than anything I’ve seen on here. My contract is for a 1099 role as a “Capital Markets Analyst” where my base is low but I get paid a bonus on each deal that closes.

Based on my experience so far ~1mo in, the job is nothing like anything I’ve seen or heard. I spend a lot of time on calls with investors/clients, and lead the call about 1/3 of the time. This has been really cool but the inverse is that I have spent 0 time building the CIM/model that we take to market. The firm has a team that does this, but it’s 2 analysts in LatAm and a bunch of interns.

I can’t complain too much because my hours are amazing (40hr weeks) although I am constantly checking my phone for emails and messages.

All this to say that my main worry is that I essentially took a sales job and am not getting the standard IB experience and skill set (in relation to CIM/model building) and will be SOL when I decide to lateral to another bank or PE.

Did I make a bad move or am I overthinking things?

1 Comments
 

Repellat itaque quidem quibusdam et labore aut. Occaecati eum ipsum possimus enim provident consequatur inventore alias. Vitae vel non laudantium animi.

Dolores quod debitis cupiditate neque repellendus illum. Et distinctio porro tempora possimus.

Career Advancement Opportunities

November 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

November 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

November 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

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
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...”