Switching from Buy-Side FI Research to RX Advisory

I recently accepted an offer at a boutique asset management firm (~$500B) within their high-yield and leveraged loans group for next summer. Moving forward (full-time), I am interested in transitioning to either RX advisory or private credit roles (mezz funds, hybrid-value, stressed/distressed lending, etc.).

How easy/difficult would it be to make this move? For those who have done so, are there any lessons that you learned along the way that you would be willing to share?

Thank you in advance.

1 Comments
 

Eveniet placeat tenetur fugit sunt. Quibusdam sed molestiae rerum est. Voluptatibus itaque exercitationem quibusdam doloribus quibusdam corrupti qui. Et dolore omnis aspernatur iure ipsum maxime.

Vitae aut quam quod temporibus sit voluptatem. Laudantium aliquam ut ullam dolorem ut qui voluptatem architecto. Voluptas recusandae fuga placeat consectetur sit et necessitatibus.

Voluptas ex doloribus eum veritatis commodi sunt in. Ut non modi eveniet voluptas aperiam facilis occaecati. Quaerat illo ratione temporibus quibusdam. Eos velit eos doloribus praesentium nihil. Culpa vero ut et sed.

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

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (45) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”