Allen C Ewing Investment Bankers

Have you guys heard of them? I was reading a thread where someone posted a list of Florida IB's and came across these guys. I'm currently a jr at a non-target, and was wondering if reaching out to them to work as an unpaid intern (I doubt theyre big enough to offer compensation) would be worth it, as opposed to interning in a non IB-oriented role at a much larger and more well-known firm. Would I be better off networking around as much as possible at the larger firm? Or taking advantage of an unstructured internship at Allen C Ewing?

 

Is the larger firm actually an IB, but you just aren't in that role?

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
 
WalMartShopper:
They take people on very rarely. I'm actually working one of the guys in their jax office.

Are you trying to get an internship or full-time?

cphbravo96:
Is the larger firm actually an IB, but you just aren't in that role?

Regards

The larger firm definitely has a large IB division, but I wouldnt be working within it (at least not in the internship I was offered).

I don't know if I should take the chance of an unstructured internship with Ewing, on the chance that they might not allow me to do any real work. On the other hand, theres a chance that I would get even better experience with them than with a structured internship. Any thoughts?

 
Best Response

It's really hard to say, given that you are a junior. If you were a sophomore, I would probably say to take the offer from the larger firm, do well and see if you can flip that into an IB role next year.

At this point it's a gamble. You have to go where you feel like you will do the most relevant work. If you talk to the IB guys and are convinced you will get good exposure/experience, then maybe you go that route. If you don't feel like that's like, and maybe it isn't given their size or lack of structured internship program, then think about the larger firm.

Not having IB experience and coming from a non-target puts you at a disadvantage that just might mean you will need to take other steps in order to get where you want to be.

Maybe that means getting an MSF from a 'better' school...so pushing it back a year...or maybe that means taking the non-IB related role at the larger firm and trying to network and lateral into an IB spot. You will have to determine what is likely and what seems to risky given your level of risk aversion. Do you want to be potentially be unemployed with a summer of IB experience looking for work or do you want to potentially be employed in a non-IB role trying to 'break in'?

If you are at UF check out their MSF program. They place people into decent banks, or at least they did a few years back. Also, I think Duke and a few other schools that would be considered more of a target have similar programs. You just have to decide if you would sacrifice another year of work to stay in school (and pay for it) in order to have a potentially better shot at IB.

What is your GPA like? Do you have a solid profile for someone coming out of your school??

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
 
cphbravo96:
It's really hard to say, given that you are a junior. If you were a sophomore, I would probably say to take the offer from the larger firm, do well and see if you can flip that into an IB role next year.

At this point it's a gamble. You have to go where you feel like you will do the most relevant work. If you talk to the IB guys and are convinced you will get good exposure/experience, then maybe you go that route. If you don't feel like that's like, and maybe it isn't given their size or lack of structured internship program, then think about the larger firm.

Not having IB experience and coming from a non-target puts you at a disadvantage that just might mean you will need to take other steps in order to get where you want to be.

Maybe that means getting an MSF from a 'better' school...so pushing it back a year...or maybe that means taking the non-IB related role at the larger firm and trying to network and lateral into an IB spot. You will have to determine what is likely and what seems to risky given your level of risk aversion. Do you want to be potentially be unemployed with a summer of IB experience looking for work or do you want to potentially be employed in a non-IB role trying to 'break in'?

If you are at UF check out their MSF program. They place people into decent banks, or at least they did a few years back. Also, I think Duke and a few other schools that would be considered more of a target have similar programs. You just have to decide if you would sacrifice another year of work to stay in school (and pay for it) in order to have a potentially better shot at IB.

What is your GPA like? Do you have a solid profile for someone coming out of your school??

Regards

Thanks for the input. I am at UF, going up to about a 3.60 GPA (did well this semester). Ive looked into MSF, but I slacked as a freshman/sophomore in terms of getting my undergrad classes done early, so if I even attempt to get in it's gonna be tough fitting all the curriculum in with my undergrad.

Aside from that, I feel like I may be able to network laterally, but I really want to get as much IB experience as soon as possible. However, what you said about being unemployed/employed out of school makes a lot of sense.

 

i'm actually working with an equity group and one of their jax bankers on placing a fund. i approached them two years ago for an internship but it doesn't seem like they are very busy. still, why wouldn't you approach them and ask what work you'll be doing. if it isn't applicable, stick with your larger firm.

If the glove don't fit, you must acquit!
 

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