Investment sales analyst vs <1B REPE firm analyst

Hey everybody. I’d love to hear some opinions on whether it is best to start out as an investment sales analyst with a top tier/mid-tier brokerage, or to start out as an analyst at a smaller REPE firm.

For context: I am a student graduating in December. I know that at some point, I want to strike out on my own and act as a GP or purchase deals out of pocket (long way to go obviously).

If my end goal isn’t being a producer at the brokerage where I begin, would it be better to take an REPE role? I want to start at a smaller REPE so that I can gain experience with the type of deal that I would likely be pursuing in the future.

On the IS side, the high deal volume, increased networking opportunities, and the chance to see a lot of different deals getting done intrigues me. However, I am wondering if it would be more beneficial to start at a smaller REPE so I could get hands on experience in acquisition decision making.

I’d really appreciate any advice on the following:

-Which pathway do you believe would help me get a better framework for understanding the industry in general

-Which would likely lead to better exit opportunities in 5ish years

-Which path you would take

Thanks to anyone who takes the time. Appreciate yall.

6 Comments
 
[Comment removed by mod team]
 

Consectetur neque consequatur repudiandae veritatis et consequuntur. Facilis nulla id qui nihil illum vel deserunt. Quod quo rem nihil voluptas. Quae enim assumenda ut.

Ipsa fugit quasi aut ipsum voluptas culpa. Non quo aliquam qui possimus. Magnam illum ut culpa et illo quis.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
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...”