Transfer Big 4 to Elite Boutique

Question

Hi everyone,

I’m currently working in Transaction Services at one of the Big 4 and I’m trying to move into M&A at an EB. I know it’s tough, but I’m wondering if anyone’s made the jump, either directly or via a stepping stone like a mid-market bank. How open are EBs to profiles like this, and what would you focus on to make the switch?

Thanks a lot!

Answer 1

Hey,
great to hear you're aiming for the EB M&A route – definitely a competitive move, but very doable. I've seen several people make that switch from TS, some directly, others via mid-market or boutique banks.

Your edge is that you’ve seen deals and now it’s about positioning yourself more on the origination and execution side.

A few tips:

Nail your story (Why M&A, Why EB, Why now)
Brush up your modeling (especially LBOs and integrated models)
Leverage your network – referrals go a long way
Be open to stepping stones if needed

Best of luck – feel free to DM if you want to chat more!

All the best!☺️

Answer 2

Having worked in both consulting and finance, I’d say the main difference is the focus. In consulting, it’s about big... (read entire answer)

Having worked in both consulting and finance, I’d say the main difference is the focus. In consulting, it’s about big-picture problem-solving, like helping a client expand into... (read entire answer)

Answer 3

What helped me was looking beyond just the big names and focusing on the actual culture and vibe at each firm. Some p... (read entire answer)

What helped me was looking beyond just the big names and focusing on the actual culture and vibe at each firm. Some places were super intense, while others felt more collaborati... (read entire answer)