Moving Across The Country for a LMM Boutique IB

Title. I have 3 years of experience in FP&A and have an offer at a LMM boutique out west; I'm originally from the Midwest. I am non-target and didn't have a perfect UGPA so my options are quite limited at this point and I'm just trying to break in. Options in my home city are very minimal. However, the offer would immediately increase my pay by about 80%. 

While interviewing I was dead set on making this move, but now I feel I have cold feet. For context, my wife is a SAHM and our son was born 9 months ago. I'm nervous to uproot our family away from our support system to a new city that we have no ties to. My wife says she's on board because it will improve career prospects for me long-term, but a part of me feels guilty. 

Has anyone moved their young family to a new city for an "okay" IB role? Obviously it's much different than just moving yourself, so would love to hear anyone's perspective / advice who has been in this situation. 

Thanks!

1 Comments
 

Omnis dolor et beatae id ab molestias veniam non. Est qui fuga quia molestiae. Velit ut odio maxime culpa maxime aut ea.

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

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”