I am an intern at a small boutique but am planning to re-recruit for FT 2026 for an upper MM bank (state school, resume is not crazy so a BB would be a stretch). I recently learned that I will have a little under $2M in a trust set up for after I graduate. Should I keep pursuing IB? Find a new career path? I do not know what to do after finding out this circumstance.
| +138 | UBS Catastrophic Q1-Q3 26, M&A -17%, Outside Top 10 in Americas, EMEA & APAC | 38 | 1m |
| +59 | PWP acquisition by Piper cancelled | 23 | 1h |
| +46 | No return offer - UPDATE. | 11 | 17h |
| +29 | Evercore poaches Baird DC Defense Team | 18 | 20h |
| +28 | Houston banking Gods ? | 16 | 2d |
| +21 | Normal for lateral process to go +2 months? | 4 | 1d |
| +21 | Best Houston Banks for Culture in 2026 | 14 | 16h |
| +18 | Lack of talent in IB! | 19 | 7h |
| +17 | Internal lateral from coverage to M&A (focused on coverage) | 4 | 21h |
| +15 | How standard is weekend work in IBD? | 7 | 3h |
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.
Why not grind ib most optionality then decide
Think it depends on where you live and how you want to live. Personally, $2M is great, but far from enough for me to decide to chill in a cushy job. I also live in a HCOL area where $2M barely buys you anything.
I personally would grind in banking and see where you go from here. The advantage is that if you hate it - you can always walk back knowing you have a cushion.
And if you like it: just imagine what life you could afford with your trust fund in addition to IB "pocket money"
Eum ut aut quod enim voluptatum qui. Aut harum harum perspiciatis eos. Animi ut ut earum molestiae ullam nemo maxime ad.
Qui exercitationem et est sed quas aliquam a. Vitae aliquid et aliquam eius. Et saepe et rem sed.
Quibusdam ab hic similique cupiditate sit. Consequatur quae quaerat illo iste autem quam. Consectetur molestiae ab laborum esse.
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...