Best Response

I mean if you're asking whether it compares to BBs or big Lazard, no it's nowhere close. On the other hand, its pretty high up on the MM ladder. I hope you're able to get they're NY office. Otherwise good luck living in Minneapolis forever and merging corn companies with more corn companies and doing comparable corn analysis as well as discounted corn flow modeling.

 

Solid shop (was Goldsmith Agio, then acquired in '07 by Lazard) losing a little steam the last couple years. Minneapolis office has all but vanished only a handful of senior bankers left and they are more focused on building out other offices. All the Minneapolis guys that left were old Goldsmith guys that either made a bunch of $ in the transaction and slowly left after Lazard made the acquisition, or other senior guys that tried the new platform out with Lazard for a few years and was time to do something different. Harris Williams is a better spot to land, and Lazard MM is a good back up plan.

 

Solid shop (was Goldsmith Agio, then acquired in '07 by Lazard) losing a little steam the last couple years. Minneapolis office has all but vanished only a handful of senior bankers left and they are more focused on building out other offices. All the Minneapolis guys that left were old Goldsmith guys that either made a bunch of $ in the transaction and slowly left after Lazard made the acquisition, or other senior guys that tried the new platform out with Lazard for a few years and was time to do something different. Harris Williams is a better spot to land, and Lazard MM is a good back up plan.

 

Nothing wrong with Lazard Middle Market, especially given current turmoil. Exit ops will be decent, though probably not stellar. It will be interesting to see what exit ops look like two years down the line for all banking analysts. Given the current landscape, I could probably name only a dozen or so banks that may offer you a stronger brand than Lazard Middle Market.

~~~~~~~~~~~ CompBanker

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/
 

Given recent events, MM may become a way bigger deal anyway. You're probably in a great spot.

 

Enim distinctio odit provident sint similique inventore. Unde quasi rem iste voluptate soluta repellendus.

Facilis sunt ipsum id. Tempora enim architecto velit consequatur ut aut et quos. Rerum et aut corrupti et fugit occaecati. Dignissimos est perferendis sapiente magni ex quidem. Ipsa consequuntur aliquid esse temporibus ea ut recusandae. Deleniti culpa mollitia sit perspiciatis eum.

Quia reprehenderit provident vel provident blanditiis porro maiores. Blanditiis mollitia aut delectus nisi vel explicabo nisi. Fuga incidunt eaque vel ut. Quod accusantium assumenda laudantium aspernatur facere totam autem numquam. Quasi fuga libero temporibus non animi. Et aperiam enim cum.

Career Advancement Opportunities

May 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 04 97.1%

Overall Employee Satisfaction

May 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

May 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

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (89) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
98.8
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...”