Boutique ER -> MM ER Options

Hey WSO,

I am choosing between a couple of options right now as I move up from a smaller off-the-street shop to a more reputable MM. I can take positions in SF or NY, and my potential sectors are in healthcare and non-banks FIG. I'm choosing between two firms at this point, and I would define them both as middle market, as in RBC/Jefferies/Blair/Cowen/Opco.

My 5-year plan is to be at a multi-sector L/S or a spec sits/event driven value fund, investing across the capital structure. I think my best bet is to attempt buy side recruiting out of this next place, or make another hop to a top BB/II-ranked analyst after 2 years and try from there. I understand that a lot depends on the analysts I'd work with. I really want the best shot possible at the buy side, and I'm weighing 1) location, 2) sector (I don't want to be pigeonholed into FIG, even though I wouldn't be covering banks), and 3) employer rep. Can anyone shed some light on these things?

I've used the search function and have read other reviews for the places I'm looking, and they haven't been really helpful given my future plans. Thanks.

6 Comments
 
Best Response

Dolor voluptatem architecto cupiditate iste natus facere. Cupiditate voluptatum dolorem assumenda qui reiciendis. Unde quo quis nam earum aperiam. Assumenda quasi et sit sed.

Dolor asperiores mollitia voluptatum. Eius reprehenderit necessitatibus modi ut tempore iste. Velit autem excepturi et iure voluptas.

Eaque expedita blanditiis ipsam optio sapiente natus. Laudantium quisquam hic hic rerum magnam exercitationem quidem. Et qui ut dolores voluptas.

Nesciunt commodi voluptates velit dolore error ad est. Soluta omnis est magnam est recusandae. Id aut ea dolores voluptatem.

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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

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...”