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First time poster, long time lurker.

I was wondering if anyone has any advice about Raymond James NY, specifically their healthcare group (although general knowledge is still appreciated), or any other useful nuggets of information either in regards to group, culture, any places that have other useful information, general info, etc. [I used the search function but didn't really find a lot of info on this bank].

I would also be interested to learn about the integration of Morgan Keegan into Raymond James, since it's my understanding that basically 80% of the NY office is just ex-Morgan Keegan bankers who were kept on after Raymond James acquired them.

Thank you.

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Comments (7)

  • CountryUnderdog's picture

    bump.

    "They are all former investment bankers that were laid off in the economic collapse that Nancy Pelosi caused. They have no marketable skills, but by God they work hard."

  • DaisukiDaYo's picture

    DId you have the interview already ?

    As a general rule of thumb, healthcare investment banking groups are sweatshops across the board. Yes, even the boutiques w/ non-existent deal flow.

  • In reply to DaisukiDaYo
    CountryUnderdog's picture

    DaisukiDaYo:

    As a general rule of thumb, healthcare investment banking groups are sweatshops across the board. Yes, even the boutiques w/ non-existent deal flow.

    I always hear this. Is it just because healthcare is very active now, or am I missing something?

    "They are all former investment bankers that were laid off in the economic collapse that Nancy Pelosi caused. They have no marketable skills, but by God they work hard."

  • SanityCheck's picture

    Mostly it's because the space is extremely competitive and there are a few big players while the rest barely cough up any fees. So you'll be spending a huge amount of time pitching and doing useless amounts of irrelevant work to even get a glimpse of a fee, and this is at a mid-BB.

    I feel bad for the mid market and boutique guys, as listed above even with 0 deals and nonexistent pipeline you will be pitching 24/7 and working your ass off with nothing to show for it.

  • In reply to SanityCheck
    CountryUnderdog's picture

    SanityCheck:
    Mostly it's because the space is extremely competitive and there are a few big players while the rest barely cough up any fees. So you'll be spending a huge amount of time pitching and doing useless amounts of irrelevant work to even get a glimpse of a fee, and this is at a mid-BB.

    I feel bad for the mid market and boutique guys, as listed above even with 0 deals and nonexistent pipeline you will be pitching 24/7 and working your ass off with nothing to show for it.

    Thank you for your sympathy - :) Maybe I need to re-think my career plan since I'm interested in / have a background in HC and am likely going to end up at one of the MMs or boutiques.

    "They are all former investment bankers that were laid off in the economic collapse that Nancy Pelosi caused. They have no marketable skills, but by God they work hard."

  • DaisukiDaYo's picture

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