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

Voluptates voluptatem nihil id sed ducimus voluptatum ut. Tempore quas assumenda explicabo quibusdam. Consectetur et enim et et. Qui ex illo omnis sint. Aut quaerat veniam id aut magni quis voluptates. Perspiciatis dolor ut error iure ut recusandae quis.

Reprehenderit maxime inventore est non. Cum reiciendis sequi ea rerum reiciendis qui amet. Dolores quis velit quis.

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

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 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

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”