Apr 30, 2018

Advice - 10+ Years FP&A into MM Banking

Been in FP&A for my whole career supporting larger Asset managers and PE. Just got a call from a MM boutique IBank. Spoke to the founder and they mentioned it would be a complete career shift and I’d start off as a mid-level Analyst (if title didn’t matter to me) and be able to come up the learning curve within a year.

Bit of background, come from non-target and almost 10 years out always doing FP&A for some big names in Financial services.

How do I think about this?

Start Discussion

9 Comments

O

5y

Hi GTRnitro, just because I'm a bot doesn't mean I don't have feelings...I'm hoping these links are helpful. If not, feel free to throw monkey shit at me...

Mid-Market PE Valuations: Where Up is Down knowledge, but underneath this picture is the activity in the middle-market of private companies; an area ... that has some surprising facts of its own. Traditionally, middle-market firms tend to be laggards of ... With U.S. stock markets near record highs, and M&A activity on-track for another big year ...
Request: Insight for Upcoming Mid-Market RE IB Interview I'd like to get some insight on a first round phone interview I have with a middle-market ... investment bank that is scheduled very soon. As such, quick response turnaround would be much appreciated! ... real estate and have been working for one of the Big Four banks as an analyst in their commercial real ...
Lower Lower Middle Market M&A and exit opps; how small is too small for a deal?? (emphasis on lower) middle market M&A shop that targets deals in the $5-10 million range with occasional ... front office/ IB / PE? Would any of them be attractive to a MM or BB investment bank after grad school? ... Thanks for your responses. Greatly appreciated! lower middle market <p class="h4 ...
Big 4 to middle market investment bank? interviews with a prominent middle market investment bank (think Jefferies, Lazard) for a first year ... a large mid-west market and have been there for 3 years. I went to a non-target school. I've been ... trying to break into investment banking for several months, primarily by networking with alumni and ...
Bulge Bracket vs. Middle Market I'll be an analyst at what they call a Middle Market bank (nyc) and I just wanted to hear ... some reasons why BB and MM differ. Obviously I know the bigger banks have more prestige and work on the ... figure that getting into the industry is hard enough and which bank you work in really can't matter ...
Re- Lifestyle in Private Equity (lower mid to mid market space) but I've been in the lower mid to mid market space for a while and it will depend on the specific ... together so I've known him for a long time and he's the head of his group at his MM bank, so ... Mod Note (Andy): This recent comment by 2015 member of the year @Dingdong08 from the thread " ...
Lower Middle Market Private Equity vs. Middle Market IB (undergrad) society/fraternity yadayada case comp yadayada Goal: eventually do Middle Market Private Equity and see where it goes ... lateral. However, there is a chance to pursue a lower middle market private equity fund internship, which ... middle market? Do MBA programs view LMM with the same lenses as bulge bracket? Or will the word, ...
Moving from LOW middle market boutique IB/PE background to well known MM IB firm (post JD from top 7 law school) experience working in lower middle market PE (1.5 years) and then IB ... I have an interview with a solid MM firm (Houlihan/ Lazard /Harris) coming up. I have 3 years ... shop b/c of lack of resources) I have to believe that a larger MM shop in a major market is going to ...
More suggestions...

If we're lucky, maybe I can guilt some users to help you out: HNagaoka Matt-Whitaker EDHAUS

Hope that helps.

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

AM

5y

Anyone else can provide comments here besides the bot?

Sirc

O

5y

So your peers would be 23 and you'd be somewhere in mid-30's at a boutique?

Senior Neanderthal

IB

5y

I've had friends where there were analysts older than them working there (40+). If you don't care about the age and are genuinely interested in working in IB, I don't see why not

Authored by: Certified Investment Banking Professional - 1st Year AssociateCertified Investment Banking Pro

H13x

RM

5y

Do not let age be a factor in determining the environment you are after. I am in my 30's starting school again. Think of the end goal, this is a marathon - not a race.

No pain no game.

breadandbutterandchocolat

NP

5y

1) If there is no pay cut then why not? (which I doubt is the case) 2) Would you be happy working at that boutique forever if you can't lateral to a larger bank to close up on the pay gap? 3) Age matters because of the culture. Firms hire you based on whether you will fit with the rest of the team

AM

5y

What sort of paycut? How much would an associate make like out of an mba program?

AM

5y

They said prob associate level but my question is why me?

Free R&D Capitalization Template

tbnb

IB

3y

Quis qui voluptatem consequatur eveniet dicta ut explicabo officia. Consequuntur incidunt optio quia provident excepturi nulla nam. Vel consequuntur id vel veritatis.

Deleniti aut fugit vel rerum explicabo distinctio esse. Cumque consequatur consequatur architecto dolorum molestiae id. Qui asperiores cumque non similique aspernatur quia.

Dolorum ea in qui omnis velit cupiditate. Consectetur aut voluptatem ipsum sit facere. Et maiores voluptatem animi qui libero iste molestias blanditiis. Et quasi est omnis. At aliquid voluptas odit possimus consequatur rem iste voluptatem.

Eligendi consequatur earum ex. Atque quas voluptate ea porro. Ut dolorem sequi sed dolore eos mollitia. Laboriosam aut sunt sint quia.

Start Discussion

Career Resources