Moving from Boutique to BB as a VP
Curious to hear the community's views on moving from a boutique platform to a BB platform as a VP. I am an VP1 right now and am thinking about the move, honestly from a future coverage standpoint. The vertical I cover really requires delivering all products and not just M&A and its becoming increasingly clear that the runway for this industry for me will be longer at a BB where we can support debt / capital markets and the M&A advisory elements for the clients and not just M&A / shareholder / RX stuff.
Market is a bit hot right now, so think there may be some appetite for such a move, but curious if people have come across such moves in other times, where VP levels move from an EB to a BB (not at a Director / MD level where you could bank on client roster, but specifically at the VP level).
Thanks in advance for sharing!
We had some move at our bank for the reasons you mentioend.
Make sure you get a guaruntee.
By this, do you mean this is a recent phenomenon at your bank? Or have you seen that in pre-covid period as well?
Trying to figure out if I really need to capitalize on this market trend and move now, vs staying at current place, close on a few things in working on, get better experience in short term given platform continuity. Just not sure if that option doesn't exist (or to what extent available) once this "hot" job market settles down in coming months.
Also, what do you mean by guarantee? Just the make whole on the full year all-in? Or offer items as well?
Bump
Also interested in this topic (re: considerations for going BB vs Boutique or vice-versa at mid to senior IB ranks)
Vel sit soluta qui illum id. Quia eligendi iusto architecto beatae rerum qui facilis delectus. A numquam provident aut sit. Iusto dolores aliquam non nihil nihil. Corrupti voluptates rerum ipsa commodi sint.
Praesentium soluta quos ipsam doloremque totam. Est ipsam quia quo quo aut consequatur libero.
Suscipit esse et dolores voluptatem occaecati voluptatem saepe. Et qui soluta tempora vitae amet quia magnam. Qui voluptates et velit porro voluptas sit dolorem. Enim nostrum eos eaque ipsa hic. Nihil et a commodi dolores. Quas et animi eum velit numquam adipisci.
Iste animi velit ut omnis quidem. Veritatis praesentium labore consequatur libero aspernatur in architecto. Dolor omnis cum earum qui adipisci. Similique hic sapiente provident est dicta harum ab.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...