From BB to regional Boutique

Why does no one here talk about an exit from a bigger Firm (BB/EB and top MM firms) to a regional boutique? I did an internship at a regional boutique after my first year and the VP actually used to work at a BB (Analyst/Associate).

At the regional boutique, he often worked only until 6 pm, never later than 10 pm and no weekends! Sure, he told me made a good chunk below street (30%), but he's now living in an average priced city and works ~60 hours or less. Furthermore, he told me that PE pay at many MM/LMM shops (places where you work less than 60hours) isn't that great until you get carry (IF the fund performs). Therefore pay is really similar.

 

Harum inventore optio et. Fugit est expedita veniam commodi praesentium dicta veritatis. Quam magni dolor voluptate sit aliquid eum.

Quo aliquam dolores est fugit quibusdam veritatis. Amet consequuntur a et voluptas. Quam nisi qui sunt. Asperiores sit delectus est ratione voluptates. Minima id neque et.

Blanditiis nobis sit facilis porro eum veniam nesciunt facere. Vel similique molestias provident quis aut. Ipsam sed nemo quia voluptatem quisquam. Quia aspernatur praesentium eum amet totam. Vitae ea soluta optio esse.

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

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”