BAML Palo Alto Office

Has anyone one here worked in (currently or previously) in the BofAML Palo Alto tech office. What is it like? Work pace, culture, deal flow etc...

Thanks!

 

I was an analyst there a couple years ago. It's basically a MM group masquerading as a BB. Non-stop pitching and very little deal flow. Hours on the coverage side are very bad, better in M&A. BAML PA gets no respect by anyone - clients, other banks, headhunters. Exit opps are non-existent. One out of maybe 10 analysts gets a MM PE job, the rest either do corp dev or random gigs like startups or no-name fund of funds. And being in Palo Alto sucks. Looking back I would take any of the BBs over BAML except maybe UBS and would even rather take a decent MM bank like Jefferies.

 
Best Response
rayray2001:
I was an analyst there a couple years ago. It's basically a MM group masquerading as a BB. Non-stop pitching and very little deal flow. Hours on the coverage side are very bad, better in M&A. BAML PA gets no respect by anyone - clients, other banks, headhunters. Exit opps are non-existent. One out of maybe 10 analysts gets a MM PE job, the rest either do corp dev or random gigs like startups or no-name fund of funds. And being in Palo Alto sucks. Looking back I would take any of the BBs over BAML except maybe UBS and would even rather take a decent MM bank like Jefferies.

Haha harsh

I don't throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought- GG
 

Good group - I think analysts place into mm / growth equity funds if they want. They pitch a lot but deal flow is strong and they are busy. Software is their strongest group. They just hired the former global head of semiconductors from JEF to run their semis practice. Co-head of TMT is based out of that office and he has been in the valley for 20+ years and has some great relationships. They were advisors to Avago in its recent $37bn BRCM acquisition. It's not GS/MS/Qatalyst but a good spot, nonetheless.

 

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