Do you use a boutique investment bank?
There are certainly enough of them in the Chicago area, one site estimating 92 to be exact. There might even be more than that now. Perhaps you are trying to get a job not open an account. In that case, you should know the experts say that working for a boutique investment bank helps you get that foot in the door with the big dogs. Let’s take a look at why Chicago boutique investment banks might be a good choice, whether for banking or working.
Would You Consider Working for an Investment Banks
One thing about working at a boutique investment bank is that it when you make a deal, it is, well, a big deal. Investment bankers that have worked at both types of places will tell you that. In fact, there are some that have gone from working for big investment banks to boutique investment banks, not the other way around. Some of them miss how it was working for the smaller firms where they felt more appreciated.
If you think about it, that would likely transfer to customers, too. You might think that only beginner investors would use a boutique investment firm in Chicago, but what about those people that just want more individual attention and appreciation. Can you imagine living in Chicago near a boutique investment bank? You could go there and do your business in person like the good old days.
Experts even say that boutique investment banker working for the boutique banks might even be more happy with their compensation. I wonder if the same would be said by customers regarding charges to their account. You would think if one side, the bankers, appreciated boutique investment firm for certain reasons, then those reasons would translate to benefits for the customers. Would you consider using or working for an investment bank in Chicago, Illinois?