Lateral After 1 Year Options
If you get an offer to work as an IBD analyst (M&A or a coverage group) - at a firm like BNP Paribas, Credit Agricole, Wells Fargo, Macquarie or a smaller boutique advisor - is it possible to lateral to a top BB/elite boutique for IBD after 1 years experience? Or are the lateral transfers only possible if you are already at a top BB/elite boutique?
Would you have to start as analyst 1 or can you continue as analyst 2?
If so, is it best to start off as a generalist to keep your options open in terms of succeeding with a lateral transfer?
Will top hedge funds/PE firms look down on someone who worked at a lower tier bank, lateralled into top tier IBD, and wants to move over vs someone who went to GS/MS/JPM directly?
Appreciate it. I'm in the UK.