Stifel Nicholas: pay expectation?
What kind of pay could I expect from a small STL based boutique firm like Stifel Nicholas?
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my guess would be yearly salary of between 45-50k, a few thousand signing bonus...not sure about yr end. I was offered in the 45-50 range by two boutique banks based in ATL and Charlotte, but was offered 60+10 by a boutique based in NY with another office in ATL (to work out of atl). I think the main difference has to do if they have a NY office
I don't know about analysts, but Associates get 90k
You know guys who work there? What do they say about the place, anything good?
They recruit at my school... so I might just get an analyst internship there.
I have heard that they are good. Don't know many details, but overall I think that their reputation is respectable
Stifel Nicolaus' capital markets headquarters is in Baltimore, MD because they purchased Legg Mason's capital markets business back in Dec '05. I'd imagine they are streamlining the two locations but for Baltimore, this is what i know -
1st Year Analyst - 52,500 Signing Bonus - 10,000
1st years probably expect around a 30-35k bonus come June
Legg had a very good reputation in IB before merger - the 2nd year analysts have placed decently in BB's or private equity
i was in m&a group for stifel in philly. they suck, dont go.
Cain,
Could you tell me a little bit about culture and hours for the Philadelphia Office? Why didnt you like it?
Thanks..I have an offer for that office
Thanks in advance
Jake
bump
I have a few friends in STL (and worked there myself) and the word on the street is LM's people hate the Stifel people and think their systems / ways of doing business is pretty acient / moronic. Stifel still does some pretty good deals, and I know one of the former LM / Stifel analysts was placed in Carlyle's RE division I believe for this past year. So, at least the exit opps were decent - who knows about the future.
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