IB Lateral for better exits..
Please bear with me as I am unfamiliar with this process. I am a current undergrad senior and will be's Tech group next summer as a first year analyst. Obviously the MM banks like mine do not have a brand name and hence I assume exit opps to MM/UMM PE are fairly limited despite the deal experience I will receive. With this said I am asking if it is worth it to lateral to a bigger bank. My main question is how this timeline plays out. If I lateral after a year with Stifel will this allow me enough time to recruit for PE at my new bank? Isn't most PE recruiting done during the first year of IB or can I fully recruit as a second year as well. Any insight or suggestions appreciated!