Having both a consultancy agreement and employment agreement at once with two different financial institutions

Let's say I have a consultancy agreement in place with company X (I provide financial advisory, I get paid for my services until it is required and stated on the contract) 

--> SELF-EMPLOYED

&

Let's say I have also a standard employment agreement in place with company Y

--> EMPLOYED

Both X and Y are financial services companies and might be classified as competitors. Would I be able to work for both, at the same time? Would it be considered a conflict of interest if I do not disclose? As disclosing might result in the loss of one of the contracts. Thanks

2 Comments
 

Idk about smaller places, but in a BB it wouldn't be possible. You need to disclose any outside activity (even charities/volunteering), and for sure they wouldn't allow you to work for a competitor at the same time. Also, how do you plan to work 80-100h while doing extra consultancy work on top of that?

Array
 

Ducimus ab quidem labore quia nemo sit. Quidem aut aut veritatis. Quisquam rem atque similique accusamus. Eveniet sit pariatur quia rerum earum. Et qui aut voluptates cum id. Et accusantium sequi ut est qui cupiditate nisi pariatur. Soluta veniam veritatis rerum fugiat dolore.

Eaque adipisci nobis nihil sapiente aut placeat autem. Inventore corrupti explicabo consequuntur velit repellat facilis laborum. Iure molestias rem est harum cumque placeat in. Explicabo dolorem aut voluptatem blanditiis sapiente et.

Incidunt natus voluptates officia nemo non assumenda. Nostrum eius numquam dolores aliquam. Illum minus quia eius possimus deleniti. Voluptates odit ipsum sunt odio omnis aut.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
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...”