How do you gauge Buyside Opps from a firm?

I'm an incoming SA (2025) and just starting to give a little thought to buyside opps. (I know I'm going to get a lot of flack - deservedly - but the game's the game at this point)

Obviously, I can look on Linkedin to get an idea of placements. But that only shows those who succeeded in landing an offer, not those who got HH outreach and didn't make it through a process. I can ask on WSO, but half the stuff I say on here is BS/sarcasm and I can only assume that it's the same for others.

My question is: How can I politely ask bankers/former bankers what the buyside recruiting experience looked like from my firm - and whether they would recommend I lateral to better my chances?

2 Comments
 

Based on the most helpful WSO content, here are some strategies to gauge buyside opportunities from your firm and how to approach bankers/former bankers about their experiences:

Strategies to Gauge Buyside Opportunities:

  1. LinkedIn Analysis:

    • While LinkedIn can show successful placements, it doesn't provide the full picture. Use it as a starting point to identify trends and common paths.
  2. WSO Forums:

    • Despite some skepticism about the content, WSO forums can still provide valuable insights. Look for threads with high engagement and contributions from verified professionals.
  3. Direct Outreach:

    • Reach out to associates and senior bankers in the group you're interested in. This can be done after applying to a position to learn more about the group culture and buyside recruiting experiences.

How to Politely Ask Bankers/Former Bankers:

  1. Networking:

    • Leverage your network to connect with current or former bankers. Start with people you have a direct or indirect connection with, such as alumni or mutual acquaintances.
  2. Informational Interviews:

    • Request informational interviews to learn about their career paths and experiences. Frame your questions to show genuine interest in their journey and insights.
  3. Specific Questions:

    • Ask specific questions about the buyside recruiting process, such as:
      • "Can you share your experience with buyside recruiting from our firm?"
      • "What challenges did you face, and how did you overcome them?"
      • "Would you recommend lateraling to another firm to improve buyside opportunities?"
  4. Professionalism:

    • Maintain a professional tone and respect their time. Be clear about your intentions and appreciative of their insights.

Example Approach:

  • Email/Message Template:

    Hi Name, I hope this message finds you well. My name is [Your Name], and I am an incoming Summer Analyst at Firm. I am starting to explore buyside opportunities and would greatly appreciate any insights you could share about your experience with buyside recruiting from our firm. Specifically, I am interested in understanding the challenges and opportunities you encountered and whether you would recommend lateraling to another firm to enhance buyside prospects. Thank you for your time and consideration. I look forward to any advice you can provide. Best regards, [Your Name]

By following these strategies and maintaining a professional approach, you can gather valuable insights to better navigate your buyside recruiting journey.

Sources: PE Lateral Recruiting Advice/Stories/Help?, Lateraling Guide for Investment Banking, Best Practices for Finding Lateral Opportunities, 7 Practical Buyside Recruiting Tips for IBD Analysts, My Experience Recruiting as an Undergrad for Everything vs WSO Wisdom

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

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