Why are BB banks underpaying?
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Haven’t you heard? working at a bugle bracket is shit
yup lol, BB really are not the move so many unnecessary shut we have to di
From my understanding, you lose comp because there’s typically a stronger name brand with BBs (most people know JP Morgan, not everyone knows Perella Weinberg) and there are more people at BBs so more people to pay.
BBs are public companies, they can't just keep comp artifically high just because. Boutiques want the best talent and have little brand name, so they have to pay quite a bit more
If you are set on TMT IB forever the boutique may be a better choice, but the BB will open doors for you outside of just that small circle
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