Does working for a boutique/MM firm mean anything?
Sorry if this is dumb - so I am 1.5 years in to banking at a MM focused boutique firm. We pay well, do pretty good deals. I feel like my future if I stick down this path is forever in the middle market, if it's PE (which I don't really want to do), I will be dealing with $50-500mn companies for my career probably. I aspire to public company leadership, but not sure if the experience I am garnering will be relevant. I am learning how to work long hours, and pay a lot of attention to detail, and be a good communicator - those skills I feel obviously will carry, but what about the actual analyses and work that I am learning about, and the operators and investors that we interact with. Being in financial services/investing for a whole career works great for some but sounds like around my worst nightmare. I want to build something, be part of a company and own a piece of it.
Based on the most helpful WSO content, here are some insights regarding your situation:
Advantages of Working at a Boutique/MM Firm:
Responsibility and Impact:
Skill Development:
Exit Opportunities:
Considerations for Your Career Aspirations:
Public Company Leadership:
Building and Owning a Company:
Potential Next Steps:
Networking and Further Education:
Exploring Different Roles:
By focusing on building relationships, expanding your network, and seeking opportunities that align with your long-term goals, you can leverage your current experience to achieve your career aspirations.
Sources: Do "no-name" boutiques really open doors to MMs and BBs?, Why did you take a job at a small boutique?, Do "no-name" boutiques really open doors to MMs and BBs?, Ask Me Anything - Federal Consulting at a Tier Two Firm, boutique v BB
bump
If you want to work at a corporate, 2 years in IB and then moving to corporate is a good path. A lot of companies use corp dev as an internal talent pool, go find an acquisitive public company you like, do 2 years in corp dev and figure out where in the business you want to go to actually drive revenue/be an operator
You do see senior bankers hopping over to their clients as CFO on occasion, but that's 20+ years down the line from where you are now
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