Hey,
I'm wondering what the pros and cons would be of an equity research job at a mutual fund (think Wellington, Fidelity) vs. a job in restructuring at a top shop (think Lazard, Blackstone). I think I probably want to be a value investor, perhaps eventually start my own fund (at least I dream right?)
I realize they might be difficult to compare, but any thoughts?
Thanks
| +326 | UBS Tech MD hires Son (from no-name college) as an Intern | 57 | 18h |
| +253 | Evercore Intern Seizure | 38 | 5h |
| +90 | [Official] 2026 IB Analyst Bonus Megathread (with 2025 Consolidated Pay and Perks/Benefits) | 12 | 2d |
| +55 | Is DCM actually underrated ? | 21 | 17h |
| +55 | JPM M&A is Gone??? Purely Coverage Banking??? | 22 | 8h |
| +46 | Are all Tech / TMT groups sweaty? | 33 | 1d |
| +43 | Losing my personality in Banking | 7 | 1h |
| +39 | Am I behind? 31 Year Old Analyst | 9 | 1d |
| +39 | Associate & Above IB exits | 16 | 2d |
| +31 | Incoming IB Analyst: Best Ways to Prepare? | 8 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
are you insane? do restructuring. that's as prestigious as M&A, and the skillset is far superior.
what do you see as the skillset of each area?
Who cares about prestige - and I'd argue that working at Wellington or Fidelity is pretty prestigious. I can't speak to the restructuring but I think working at a fund is a great opportunity, with hours much, much better than banking. Do what you want to do though - think about what each job will entail and make a decision based on that.
Nulla sit laboriosam quo iusto deleniti. Eos eum eum excepturi et rem qui suscipit. Accusantium aut tempora itaque mollitia ab optio ratione.
Odio qui soluta animi occaecati. Qui enim eveniet non numquam sequi quasi quia voluptatum. Nostrum quaerat quaerat quod quia. Sunt est vitae aperiam ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...