Lateralling from a lower market IB shop to middle/upper IB

Entering my 2nd year at a super-regional lower market boutique bank (sell-side M&A - I've worked on deals from $20mm up to $100mm) and looking to lateral to a larger bank. Will banks look down upon only lower market exposure? I've gotten great experience with a lean deal team but want the classic larger bank, larger deals, more resources, better comp.

5 Comments
 

They won't look down on it, but the size of deal you are on definitely matters. 

If you are working on $5M EBITDA companies and the bank you want to go to works on $20M+, it would be a disadvantage against someone who has worked on $10M+ EBITDA transactions.

You could overcome the disadvantage by explaining how working on $5M will help you work on $20M or how the process was geared towards much larger companies even though they were small. 

 

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