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Manager level is not a bad time to leave. Yes you will have to rebuild your brand but at this level it’s much easier than SM+. And if it’s another B4, we are pretty similar so red flags would be entirely people-focused. Do you like them? Do you get good vibes from them? Talk to your peers and SMS too, the people you’d be working with closely, not just Partners.
That said, my suggestion would be to ask questions about your transition support.
Finally, if youre primarily interested because of $$, simply talk to your partners about this and ask them to match. Say you love it and you love working with them but it’s really hard to say no to a $xx.
All of this applies unless you’re leaving me. Then no, it’s terrible advice. Stay forever.
Also talking big game RE responsibilities, autonomy, senior leadership visibility, etc.
My biggest concerns with going to a competitor have always been around beaurocracy which we all have, the need to rebuild an internal brand, and most importantly loyalty to partners who have done me right over the years (at a very personal level, not just support at year end).
I've been with my current firm my full career. I guess my current question is, what would you look out for as red flags before taking this sort of thing seriously? Major questions to ask / topics to interrogate in terms of me interviewing them? Career risks with this type of move?
It's nice to be wanted and for them to be coming after me this aggressivley, but I'm in new territory here. I appreciate your counsel.
I’m not sure what your longer term ambitions are but sounds like the second opportunity might give you some experience in building a practice or team from the ground up and that sounds like it can be a big tick or accelerator for you should it go well. And gives you some additional challenges.
You might have receive a huge raise but sounds like you’re being offered another one - maybe this shows how the market really values your skills. I think it is less of a bad move optically and more you reacting to a change of circumstance in a logical way. I think if your leaders genuinely care about you they would care about you no matter where your journey takes you. If they demand unending loyalty despite a great opportunity being provided to you then they are not truly looking out for you on a personal level imo.