For interns/analyst working in a small boutique, Re: making a list of investors

Hi,

Just read a few posts about working in a small boutique (probably not established) as an intern. It seems like they make you work on a list of investors, finding new names on the internet, family offices etc (probably they do DCM or ECM). And some make you cold-call them. This is a boring task and doesn't help you learn the very basic skills that you need as a banker (these are easy to learn, but you need time). It's the numbers that are important at the end of the day.

Don't be discouraged by these menial tasks (of building an investor database). That's really not what junior bankers are supposed to be doing. It would be great if you could bring in new buyers, but cold-calling smaller buy-side funds (for whatever reasons) for a couple of millions is a different job description.

Just get as much experience in those small boutiques as you can and move to a different firm. Probably the sooner the better.