Boutiques vs. Bulge Bracket, Round 2: Underdog Victory?
Last time we looked at this one (early 2008), things were a lot different.
Major banks hadn’t failed yet, most of the “superstars” were still at bulge brackets, and the economy was better… sort of.
Starting with the key question:
“But are there any cases where a boutique would actually be preferable to a bulge bracket?”
We came to this conclusion:
“The only situation where you might want to pick a boutique instead is if you have offers from multiple banks, are reasonably confident the boutique will give you good work, and just like the people or work environment a lot more after thorough investigation.”
After everything that has happened in the past year, is that still true?
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Continuing with the
I was tempted to label this one “The Vagabond” or “The Average Joe,” but those didn’t sound very… flattering.