ECM Questions - Bulge Bracket vs Mid Market Broker

Hi Chimps,

I'm currently working in an ECM role at a major broking firm in Australia. We have a lot of deal flow and do a lot of smaller transactions. We compete with the bulge bracket banks on the league tables in terms of capital raised since we run 50+ deals a year and most bulge brackets will only run a couple of deals.

My question is, what are the major benefits of working for a bulge bracket (a part from bigger deals, prestige etc.) if you are doing less execution?

Some sub questions: 

- What is your time spent on if you aren't executing on transactions?

- Do you take a far deeper dive into the companies you are advising?

- Is there a lot of time spent on 'winning' clients through pitches etc. rather than executing deals?

- What are some of the benefits of working in a role with less execution?

Thank you for your time.