Boutique Merchant Bank Saves An Estimated $37,500 on Top-Tier Investment Talent
Client Profile
The client is a boutique merchant bank and financing advisory firm. The firm offers expert advice to small public and private companies on investment, mergers, acquisitions, capital raising, and restructuring strategies.
Solution
Hey Recruiting identified a highly qualified, part-time investment banker from our extensive network of offshore talent. His qualifications met and exceeded the client’s expectations:
Former Bank of America investment banker.
Successfully passed CFA Level 3.
6 years of investment banking experience.
Graduate of an Ivy League University.
Hiring our candidate was cost-effective without compromising quality, leading to a successful match.
Results
The boutique merchant bank secured a highly qualified part-time investment banker for a fraction of the cost of a domestic hire. The offshore talent provided the same level of expertise and dedication at a monthly cost of only $2,000.
In comparison, a U.S.-based, full-time investment banker with similar qualifications would cost between $99,500 and $151,500. On a part-time hire, at half those costs, the client saved about $25,000 to $50,000 annually.
The candidate’s background from a bulge bracket investment bank, CFA certification, and Ivy League education ensured the client received exceptional work.
This strategic hiring helped them expand their team, allocate resources more effectively, and increase profitability.