When does the move to Transaction Advisory Services (TAS)/FDD typically happen from audit? Currently a first year associate. Does CFA help or just network well?

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Big 4 FDD will want to see at least one year of successful experience as an audit senior (ie highly rated). CFA is a nice feather in your cap - but a waste of time and effort to go out and get for the purpose of getting into FDD. The content really isn’t relevant to what we do (or anyone in M&A, front office PE included), it’s really focused on equity portfolio management.

Most people make the jump at some point in their senior years or young managers. I’ve seen people jump as heavy managers / very junior SMs but they have all struggled.

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I’m a 2nd year and will be making the move few months (will be A3) so its possible. High rating (1 or 2), network with fdd team, and crush your interview. Good luck OP

Took me about 8 months from initial convos/networking to transfer approval

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