how fucked are boutique banks and am I screwed

signed an offer this coming summer starting at a specialized boutique only doing M&A advisory. given M&A deal flow will probably dry up, I was wondering how fucked I am for getting layed off / having a shitty analyst experience. on a macro note, am I generally just fucked by going to a boutique that ONLY ADOES M&A? No RX group, obvi no balance sheet to finance debt, etc.

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M&A will be nonexistant for most of the year, so this will depend on industry and ultimately the finances of the business. With no cap markets and no RX (which are the only groups that will make money in the foreseeable future) you might encounter some rough patches. I hope it will be alright for you, but I would suggest you look into some smaller RX shops bc they have listings up now- also look into cap markets because they are also hiring as firms will be lining up for a chance at some liquidity until this whole thing blows over

 

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