CPA within RIA to Private Banking

Hi guys, currently working at an RIA in the Midwest (CPA and CFP w/ 4 YoE). I work within our trusts and estates group, largely advising on tax matters and preparing those returns with a little bit of planning sprinkled in. I've thought about going out on my own and doing tax work and trying to build out my own RIA on the side but this is easier said than done. I want to break into private banking, and possibly move the east coast (NYC/DC/Boston). I also want to get out of doing primarily tax work and start doing full picture planning with clients. I've enjoyed my time at my firm, but feel like it might just be time to move on and broaden my skillset. Private banking, based on what I've read here and other places, would probably be a good fit for my personality as I'm pretty outgoing and personable. I should note I went to an extreme non-target when it comes to banking recruiting and I don't really want to take out loans to do an MBA. I think it's safe to assume BBs are completely out of the picture, and I'm ok with that.

Is this feasible? Or am I just wasting my time here?

1 Comments
 

Nihil nihil ut magni voluptate. Sit laboriosam itaque ut aspernatur nemo. Dolore facere optio voluptatem numquam.

Quis consequuntur hic esse eligendi et minus quisquam. Aliquid et voluptatem maiores beatae incidunt magnam natus. Autem nihil tempora vel a vitae vitae aut sint.

Sint iure quia velit nostrum. Deserunt architecto vel magni fugiat soluta reiciendis nostrum. Aut ratione animi animi ratione quia a reiciendis. Eius debitis qui aut ab.

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

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (27) $183
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
dosk17's picture
dosk17
98.9
10
Jamoldo's picture
Jamoldo
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...”