Raymond James vs. Sagent Advisors
IB
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(Orangutan, 336
Points)
on 2/22/12 at 2:53pm
Interested in people's thoughts on these two firms. Who would you go with if you had a choice between their tech M&A groups (SF)?





Do you actually have an offer
Do you actually have an offer from both shops?
If you do then it's a no brainer. Avoid RJ.
Whiskey5 wrote: Do you
Do you actually have an offer from both shops?
If you do then it's a no brainer. Avoid RJ.
Just curious, why avoid RJ?
"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan
I thought RJ was just a place
I thought RJ was just a place to hang your license for a quasi-independent RIA?
dude sagent
dude sagent
yeah, can you guys elaborate
yeah, can you guys elaborate on why Sagent? Raymond James seems like the only full service investment bank actually looking to grow right now, especially with the Morgan Keegan acquisition.
Raymond James for sure...but
Raymond James for sure...but I hope you have offers before you are asking these questions
Good is the enemy of Great
Sagent, which I believe was
Sagent, which I believe was started by ex CS guys if I'm not mistaken.
'We're bigger than U.S. Steel"
sagent is pure advisory, they
sagent is pure advisory, they have better deal flow. For me if you are interested in M&A, pure advisory > full-service IB
Wasserstag526 wrote: Sagent,
Sagent, which I believe was started by ex CS guys if I'm not mistaken.
That's right, though before that the founders were heads of M&A at DLJ. Sagent would be my vote as well. They have a decent reputation in tech. Have worked opposite RJ before and was not impressed by their work product. Know a few people at Sagent and they're smart guys, though work pretty hard.
theparadox wrote: Interested
Interested in people's thoughts on these two firms. Who would you go with if you had a choice between their tech M&A groups (SF)?
I would absolutely go with RJ. Sagent's tech team has miserable deal flow... they haven't closed a real deal in a while.
I think they just fired half of their tech team too.
a nice variety of responses
a nice variety of responses here
Run, don't walk to Sagent.
Run, don't walk to Sagent. Much more upside for interesting deals, exit ops. RJ is the Toyota Camry of banks.
Yeah, opinion seems really
Yeah, opinion seems really split so far. I hope more people can chime in.
Got an offer from sagent for
Got an offer from sagent for SA. Didn't go with them but was impressed with what I heard. They do much bigger and more sophisticated deals than rj. Go with them.
depending on what you would
depending on what you would like to do. I am more familiar with sagent after going against them on a couple pitches. sagent i heard did take out half of the tech team so i doubt you have the "choice" in their tech M&A since all their analysts are generalists now. their main IDM guy left to HW sf so their tech practice now is non-existent.
That being said, sagent is still a bigger name compared to RJ and you will get recruited by a handful of buyside shops.
dude, Sagent. How is this