Rothschild Reputation
Looking for some info on the GFA Summer Analyst Program. Anyone have info regarding culture, hours, exit ops, comp, etc.? How does it compare to MM firms like Houlihan Lokey (for M&A) or Jeffereis or some lower BB's like Barclays, UBS, etc.? This is for NYC by the way.
See previous threads. I think the general impression is that it's US operation is a little below Jefferies in terms of overall quality. M&A practice in US is middle market focused. They do very well in Restructuring and a quick Linkedin search shows a solid # of Analysts placed reasonable well into MM PE.
Also interested for current opinions. Can't find much on them
Anyone have any opinions?
Rothschild is a really prestigious boutique and has been around for a very very long time. It is highly regarded in Europe for M&A and RX and does big deals there. In the US it does more middle market sized deals for M&A and larger deals for RX.
Rothschild RX in NYC is very well regarded, has smarter people, gets good deal flow, and tends to have good exit opportunities. It's M&A advisory business is good too but nothing to write home about and is probably a mid-tier MM shop. That being said, Rothschild is a great name to have on your resume and will open up opportunities.
Very selective as well as they only recruit from five schools: UPenn, NYU, Michigan, UVA, and Babson. They are also supposed to have a great / strong culture but will work you hard and has a reputation for paying street or slightly below street.
Comparing Rothschild to a BB, in most cases you would probably take a BB over Rothschild M&A. Even at a lower tier BB like DB or UBS you would still work on larger deals which could open up more exit opportunities but I don't think it's necessarily a mistake to take Rothschild M&A if you like it better over the lower-tier BB. If you get Rothschild RX, I would definitely take that over lower-tier or mid-tier BBs if you have any interest in the space.
I would consider Houlihan Lokey to be an Elite Boutique. It easily has the best MM M&A practice in the US and is 1st in the League Tables year after year for MM M&A. It has one of the top RX practice as well usually coming in 1st in the League Tables both worldwide and in the US. Lastly it has the one of the best Fairness Opinions / Valuation Advisory practices in the world too. I would consider HL to be unique firm that is best-in-class at everything that it does. So if you get HL RX or HL M&A, I'd take that over Rothschild's corresponding groups.
Rothschild NYC - reputation and trajectory? (Originally Posted: 10/10/2015)
delete delete delete
Satellite office that's not even close to BB status in NYC.
delete
Anyone?
you don't
would rank M&A practice in NYC as mid-tier MM experience. On par w/HLHZ. Below Jefferies. That kind of prestige/exit ops. Good offer and congrats but yes meaningful disadvantage for recruiting vs BB/EBs.
delete
If you want exit opportunities into PE, then take the offer from the global balance sheet bank.
Rothschild Deals (Originally Posted: 10/29/2011)
I have been trying google to find recent global/EMEA Rothschild deals, however they aren't more (looks like the bank likes to keep quiet)
can anyone having access to permium dbs publish some major deals involving Rothschild?
Come on man... http://www.rothschild.com/media/transactions/
trololol?
Rothschild culture? (Originally Posted: 01/15/2010)
Can anyone shed light on what the culture is like at Rothschild? Is it any different in Europe or Asia?
lots of new world order stuff
expect to attend a lot of prive masquerade orgies with politicians once you make MD
also, when interviewing, the password is "fidelio"
lol
Bump, any serious comments?
How is the NY office? Is it possible to transfer to the London office after starting out in NY?
don't know about asia... pm me if you are interested in London,
lol... "fidelio"... classic
on a more realistic note, I've heard that their culture in Asia is pretty good. Hardworking / competitive people, but relatively more fun / human as compared to other Asian IB offices.... there M&A in China / Asia has been growing steadily of late and they've been adding bankers.
Rothschild is growing very strongly in Asia esp India, China and S.Korea. They have done some massive deals- Geely's acquisition of Volvo and the $20bn auction of 3G spectrum for the Government of India. I have interned at Rothschild in Asia, so I can tell you the culture is very nice and relaxed compared to BBs in London and the hours are slightly relaxed- upto 11pm most days, I have got off some days at 8-9pm as well. Can't say a lot about the Chinese offices though. The people are some of the nicest you'll ever meet in Investment Banking.
Any input on NYC?
Any further input on Asia?
Rothschild exit opps (Originally Posted: 09/12/2014)
Could anyone comment on exit opps (PE, HF, bus dev, etc) after working in M&A at Rothschild NYC? Also any info on culture and general reputation within the US would be greatly appreciated!
You could go on to found a vibrant, entertaining online community of finance professionals and students looking to break into Wall Street.
I would say MM PE and maybe smaller hedge funds. Don't know about culture but reputation is better in europe than in us. Maybe @WallStreetOasis.com can help.
They are definitely one of the top boutiques in Europe. They are smaller in the US but they are growing pretty fast, and it is always good to be at a growing arm, so you can grow with it.
Thoughts on Moelis and Rothschild (Originally Posted: 01/17/2014)
Hi guys, I know there are a bunch of these threads but I figured I would throw mine in there as well and see what you thought. I'm a FY business school student deciding between offers from Moelis (LA office) and Rothschild (NY office) for their M&A advisory Summer Associate position. My goal is to work in the TMT group and use that as a launching point to move into tech-PE (think silverlake etc..) or a VC firm. To be honest I like the people I've met at Rothschild more but I have a feeling that Moelis may provide better exit ops. Curious what you guys think.
Thanks for the help
Mo
Definitely Moelis LA.
Moelis given your choices, but, from what I've seen/heard talking to Moelis guys (both NYC and LA), I don't think the associates get strong buyside exit opportunities. Although honestly, I'm not sure that any IB associates get 'good' exit opps; you definitely will need to be proactive on making the transition.
As others said, you won't have great opportunities as an Associate compared to the analysts. That being said, I've noticed some of the guys at the elite advisory shops moving to the buy-side (and not purely in deal-related roles). A VP from Blackstone R&R moved to Visium, an Associate (albeit A2A promote) from GS FIG moved to TPG Opportunities, and similar stories.
It can be done, but it's obviously far less frequent and structured than the analyst recruiting and transition process.
I think Moelis wins here, as it's got a better overall reputation in the U.S. than Rothschild. Given your industry interest, the West Coast also makes more sense.
As everyone has said before me, MO LA sounds most appropriate for your stated goals. Stellar office.
Moelis without a doubt
Yeah I'm starting to feel the same way. Moelis seems like the way to go.
Thanks everyone, I appreciate the input
How is ER at Rothschild? (Originally Posted: 09/24/2015)
How is the associate position in ER at Rothschild? Pay? Hours? Culture (I've heard relatively good things)
They have ER? Maybe it's my Thomson subscription (or US location), but I have never seen, seen referenced or heard of an ER report from Rothschild
Is this in the US? I've never heard of them having a presence in US ER...
I cover a healthcare sector, and I can't say I've seen any analysts from Rothschild...
Maybe it's l.f. Rothschild
Rothschild (NY) - Info on culture and compensation? (Originally Posted: 02/16/2011)
Does anyone have any info on the culture and compensation at Rothschild NY
BUMP...please I even spelled it correctly unlike the other poster
so you learned how to spell and made a new account? good.
I have heard very good things about the culture. Are you considering M&A or Restructuring?
Restructuring
bump
Rothschild nyc (Originally Posted: 02/07/2012)
i've searched wso to find info on Rothschild nyc, but not much has been written about them. does anyone know anything about their SA program? what's the conversion rate from SA to FT? is the summer experience at Rothschild good enough to be competitive in the fall for BBs and elite boutiques? any info on the exit opps for their FT analysts? thanks.
Ask Wallsteetoasis.com he worked there.
Do you have an offer there? I have multiple offers but I got dinged my first round phone interview, lol.
Rothschild was actually my #1 choice. I am fucking bitter.
There is a ton of shit on this board about Rothschild, but to sum it up for you: it's a good bank.
Double Post?
If you work your way up, do you automatically become part of the Illuminati?
thanks everyone! bump for more info
check the Company Database
strong in Europe
Rothschild - Compensation (Originally Posted: 07/30/2007)
Anyone know if Rothschild's compensation is inline with the Street?
it is slightly less in terms of bonus and pretty much in line with base.
Thanks LdnMezz. Anyone have numbers for Analysts/Assocs?
i heard it's 60 base
Rothschild (NYC) (Originally Posted: 03/05/2011)
Can anyone provide any insight into Rothschild's NYC office, especially culture and compensation. Thanks
Comp last year was at street.
Where does Rothschild NYC recruit? Usual targets I'd assume, but where else?
their top banker left to form wso
^^^This. Props Patrick ;-)
Jadeveon? Shouldn't you be working on learning South Carolina's defensive playbook? In all seriousness though. I really liked everyone I met in the NYC office and it seemed like a nice place to work, but banking is still banking in terms of hours, grunt work, etc. Patrick obviously has more experience with them than I do, but I would say its really solid. Not sure about comp, but I believe its at the street as Gut Shot said.
Rothschild NY - Reputation on the street? (Originally Posted: 08/16/2011)
What is Rothschild's reputation on the street? How do they stack up against some of the BB's and elite boutiques (Lazard, Moelis, Evercore, etc.)? Are they considered an elite boutique or a middle market firm?
More specifically, how is their M&A advisory practice in their NY office?
Sorry for asking a shitload of questions. I understand they're a very strong player in Europe and in restructuring, but just wanted to get a sense of their M&A group in NY.
Thanks.
I think their restructuring practice is better respected than their M&A advisory but I don't think working at Rothschild will handicap you. It's not exactly Lazard, but it's still an elite boutique.
I want to work with Dick!
In Europe they are greatly respected, especially since they started adding new seniors. In the USA, i don't think they are that great. In Asia its another story again...
Not that it matters much, but just to give some color on their global presence in Brazil they are pure M&A advisors and they are highly regarded by clients here.
I have a friend who is an analyst there, he gets a lot of exposure to deals but is kind of a sweatshop - he consistently pulls 100+ hours workweeks. He gets paid way over street though.
you can always ask patrick...lol
Patrick, care to chime in? ;)
bump!
Rothschild - Any ideas? (Originally Posted: 12/03/2010)
I dont really understand how Rothschild is up there in Dealogics league tables of announced M&A. If you look at that Rothschild is ranked number 10 there but in US their total announced deals value is only $20 BN while globally its close to $250BN. Does the rest of the value all come from Europe ? I know that they are huge in Europe but I dont expect them to be making up the difference there. Any ideas. Just for reference: http://wsj.dealogic.com/pepsico-Wimm-718572.htm. Rothschild is no. 10 here.
new world order
The House of Rothschild had been part of a very prevalent and enduring Old World Order for almost 200 years, but never appear on the top of Forbes list. Either they have the worst financial advisers EVER, or something is, and has been, amiss.
I think they are #1 or 2 in U.K. M&A so thats a big chunk of their profits right there
I know they usually shy away from publicity and have donated a large part of their estate and massive art collection (the largest in the world at some point) to museums in different countries (according to Wikipedia). I really have no idea how they would make up the difference in ref to the op's question
There are so many conspiracy theories about the Rothschild family- supposed net worth $500tn (although Forbes says 1.5bn), heavy involvement in governments across the world, Trilateral Commission, Bilderberg Conference, they essentially own the gold exchanges in London, and they influenced the outcomes of wars. (Napoleonic). Its like when someone mentions skull & Bones, why are so many in government and/or are powerful? New World Order, Illuminati. lol Not because of their upbringing, not because they are smart, not because they are ambitious, its because there is a conspiracy!!!!!! So obviously the new world order is funneling their M&A deals through Rothschild because they have the same end goals!!!!
IMHO many conspiracies are the refuge of those who need a reason as to why they are not successful
They are top 10 in Asia MA LEAG.
$500 trillion is a lot of money. Anyone that thinks that is an idiot. If you meant $500 bn, that's still really stretching it, but a lot more feasible.
George87 is right, though. And keep in mind their fortune is split up between a lot of different people as well, I don't know if that plays a role, but honestly how much do you hear about the Rockefellers these days? Not much (except for that one that's in Congress).
Rothschild - tell me about this IB (Originally Posted: 10/04/2006)
what's the deal with this place?
It's a Jewish bank that advocated Zionism back in the day so they could steal the oil out of Palestine. That's about all I know about them.
do they pay market?
they pay market or close. they compete with the big boys out in Europe and are big in Cross Border M&A transactions. not as big a presence in the US but a solid restructuring practice.
Rotschild is one of the oldest and most highly regarded banks, atleast when it comes to Europe. It is together with Lazard a boutique that's really competing with the BB when it comes to M&A. And also like Lazard they give independent advice.
The culture is probably different from the BB, especially those with an "american" culture since they are a) private b) independent c) very old
You could probably find tons of information by just googling on "Rothschild" or by going on there website and navigating from there. From what I've learnt in history class I know that they for instance financed the british army in the war against Napoleon.
Probably a pretty nice place to be, but I don't know anyone who works there.
There is no oil in Israel. Check your facts
........is as old school as you can get when it comes to banking. These guys practically financed the whole of Europe through their history.....
Of all the old school 'merchant' banks only Rothschild and Lazards survive. We would call these institutions 'establishment' (part of the ruling elite) - others have all fallen (the likes of Barings, Morgan Grenfell, Kleinwort Benson [now part of German Dresdner Kleinwort], Schroders etc etc)
From the ghetto....
How is Rothschild perceived or regarded within the IB community in terms of prestige, standing, quality of deal-flow, etc?
In terms of M&A, they are well regarded. The only risk is that if the market slows down, they don't have anything else to fall back on, and then you're screwed. Also, they are very old money, so "common people" don't always like the stuck-up atmosphere. I know plenty of people who hate the culture.
P.S. There definitely are oil fields off the coast of Isreal.
Rothschild has one of the strongest restructuring practice on the street.
Rothschild NY - Analyst placement (Originally Posted: 04/18/2011)
never hear about them on here even though they do very well in M&A and restructuring..how legit are they? would you take them over any BB or elite boutique? how is analyst placement to PE HF etc?
Don't know about exact placement numbers, but in terms of Restructuring they're extremely solid. After HLHZ, Lazard and BX I think they'd without a doubt be the biggest players. They're doing the Jaguar/LR restructuring now and Dubai World of course (might not have been NY group). Either way, Rothschild is a much bigger euro player, but NY office gets enough deal flow for very solid bonuses from what I understand.
Waiting for an opening there now - exit ops are as good as if not better than BBs - they are the definition elite
Total slave factory though: the worst weeks at many BBs is the norm there, them and Evercore. BUT, if you make it through their analyst program you can pretty much go where you want after.
lol, let's hope for your sake then that there are multiple people waiting on that opening. I'm sure your prospective employer would be less than enthused by the prestigious designation of "Total slave factory."
I worked there from 2002-2004 in the restructuring group. It was super long hours but good deal flow and overall good exit opps...at least for someone like myself that had NO CLUE what PE was until my 2nd year in banking.
Buddy works in the DC office and even they have quality deal flow. Works with a bunch of twats though (which helps him fit in)
Friend of a close friend was an analyst there. Did his time in the mines and got an offer from Rhone Capital. Talk about going from the elite of the elite to the elitest of the elitest. Rhone hires very few people, just the best. Killer hours again, but the comp is dope. Don't know anything about their placements in HF though. Rothschild is literally blue blood - as a firm and as far as heritage is concerned.
great firm in europe though, not as strong in u.s.
bump
Veniam accusantium et nisi pariatur libero non culpa eum. Illo consequatur libero nemo sapiente eaque atque. Ut omnis rem velit omnis. Et amet aut hic soluta.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Nisi libero dolores minus. Tenetur sunt pariatur dicta praesentium nam eligendi.
Labore odio deserunt et porro asperiores cum. Temporibus temporibus sunt sit fuga ex. Odit expedita et perferendis error repudiandae est.
Molestias eligendi tempora est dolores. Tempore tempore a odit magnam. Voluptatem omnis consequatur voluptatibus aut ut. Eligendi est nihil iure est nobis aliquid.
Autem qui odio enim voluptas expedita. Exercitationem dolorum earum optio. Repellat fugiat mollitia non molestiae. Sit quidem voluptates voluptas et est molestias quasi voluptatem.
Ipsam quia illo voluptatibus eius. Sed qui et autem accusamus aut quis. Reprehenderit quo reprehenderit numquam quia voluptatem.
Ducimus aut id ducimus eligendi. Voluptatem excepturi provident quis nam sit voluptas debitis repellat. Sint quos velit repellendus repudiandae occaecati non eum. Aut magnam itaque et vel aut. Sapiente eum a esse corrupti dolorem debitis.
Consequatur tempora hic cumque omnis eveniet. Minus quo est sapiente maiores. Ut cum veritatis facere laborum nesciunt sit. Eos deleniti blanditiis odit tempora. Doloremque impedit consequatur eos numquam nisi similique. Aperiam et sint similique maxime et amet quasi unde.
Illo nihil veniam corporis reprehenderit ut impedit. Aut quaerat ullam eum nemo. Error ab officia similique mollitia ut aut rerum quis.
Sint doloribus ea exercitationem sit sunt. Expedita sed dolorem eveniet possimus. Explicabo sit earum reiciendis. Consequatur quae accusamus odio ea et ut. Nulla incidunt enim est aspernatur voluptas.
Enim et et voluptatem nemo enim. Est error reprehenderit ut. Repellat deleniti quis est neque ullam et iure tenetur. Ipsa ut dolor quam aliquid. Iure qui voluptate minima dolorum recusandae. Et est et sint aut soluta repellat assumenda.
Et necessitatibus tempore eligendi maxime tenetur similique ut. Esse quia voluptatem perspiciatis aperiam vero. Nostrum laborum at quis similique enim. Laborum quidem tempore odio expedita. Velit tenetur quae nostrum sit ea.
Dolor eaque enim asperiores quisquam qui sint similique. Minus voluptas vitae quaerat animi quis quod.
Repellat consequatur quia quibusdam error animi quis fugiat. Est non quibusdam quaerat adipisci.
Ipsam reiciendis molestias aut. Dicta illum qui voluptatem natus sint fugit. Ea necessitatibus nihil optio eaque.