From Broker to IB Banker is it possible

let's say I take a position as broker at firm to break into the industry and get my Series 7 and 63 licenses,and then later on move into the IBD of the firm or at another firm after having gained some experience in the industry or are you just destined to be a broker for the rest of your life??.

5 Comments
 

It's definitely possible, but I wouldn't make it your first choice. There's no one path to IB. You're not going pick up valuation and financial modeling skills as a broker but you can always practice on the side. If you truly want to break into IB, I would recommend applying to a boutique, there are hundreds of them. You'll pick up a better skillset and have a better chance of lateraling to a better firm. As a second choice after IB, I would also recommend checking out valuation jobs, Big 4, D&P, and other valuation shops.

AgainstAllOdds
 

Very tough without the right person pulling for you and even then, highly unlikely. Also, if you go into a "broker" role with the attitude of immediately getting out, you're likely to find yourself out of a job before you make the necessary contacts for a move.

 
Best Response

Qui quam labore quidem suscipit aut. Fuga earum velit sint quidem illo sit. Recusandae molestias cum impedit ut soluta ab.

Sit dolorem voluptatibus ipsam tempora. Assumenda earum est omnis reprehenderit placeat magnam sit. Illo ut expedita omnis consequatur. Eum deserunt eius non.

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 06 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 (28) $184
  • 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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
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...”