WSO Weekly Wrap-Up (11/08-11/14)

In case you missed them, here's some of last week's most popular topics:

How PWM really works (part 4): Misconceptions, how we invest, choosing a broker, and my Q&A Post By @thebrofessor

What I’ll try to do is list out several of the misconceptions about advisors and then comment on each one of them.

What is the purpose of equal opportunity questionnaires? Post By @FinanceBrah

I get the fact that companies have reporting requirements they need to meet but are these truly kept separate from job applications?

Shakeup in Houston Post By @jackson1

Historically, Baclays/Citi/CS have been the strongest banks in Houston but is this still the case? Bad senior comp at Barclays and bad culture, huge turnover at CS, etc.

Q&A - Former Business Valuations Associate (BO->Val->Corp Dev) Post By @BankerC159

Here's a quick rundown of my background:
Graduated semi-target state school>>>Back Office (Funds Accounting) at a BB>>>Independent Valuations Firm>>>Valuations group within accounting firm (BDO/McGladrey/GT)>>>Corp Dev.

How technical can first round interviews get? Post By @BasedHedge

I have an upcoming interview next week with a top BB and have been told that it will be highly technical

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

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success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”