Sunday, 20 October 2013

Wall Street Oasis - Investment Banking & Finance Community: Struggles of a Boutique Brokerage

Wall Street Oasis - Investment Banking & Finance Community
The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play. 
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Struggles of a Boutique Brokerage
Oct 21st 2013, 01:45, by User X

The business model of the brokerage industry as we know it is unsustainable – it adds no value and is due for a large and fundamental reshaping. Got your attention? Good, that will be the topic of a subsequent post, but first I have to introduce myself and answer your questions on my background and experience.

A few points right off the bat:

  • I am writing anonymously for the time being as I work at a small firm, in a small market, focused on a very specific sector.
  • I am growing more and more cynical of this industry by the day and I know this will come through in my writing – take it for what it's worth.

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