User Info

Profile Completion

Subscriptions & Roles

  • Official Monkey
  • Certified User

User Tracker

Login / register to send DrNo a private message.

Topics

Preview Replies Freshness
Ask me any question you have about Prime BrokerageI realized that there really isn't much information on prime brokerage on this site, even though it has been a significant source of revenue at bulge bracket banks under the S... 119 6 years 1 month

Comments

Preview Replies Freshness
"hi, do you know what fees do MORGAN STANLEY AND..."hi, do you know what fees do MORGAN STANLEY AND SMITH BARNEY charge for prime brokerage? and what is the common proportions between the assets and price of the brokerage service?" Fees depend on the relationships the hedge fund clients have with PBs, and the size/credit strength of the hedge... 119 5 years 11 months
50 hours = pretty sweet.50 hours = pretty sweet. 9 5 years 11 months
the people and the products. do you like them? if...the people and the products. do you like them? if you don't, the prestige and other vein shallow shit can't make it up... 16 6 years 1 day
in credit trading in my bb, even the TRADERS (...in credit trading in my bb, even the TRADERS (senior ones) have to entertain clients once a week on average. (drinks/dinner) the sales...i bet 3 nights a week at least. yea agree with the part that sales on junior level doesnt really give you much transferrable skills. you are really just... 42 6 years 5 days
damn....way too many choices.damn....way too many choices. 10 6 years 1 week
how come there are so few sales options? or did...how come there are so few sales options? or did you just not list them? are there a lot of prime services desks? i would imagine prime services desks will grab a lot of people, like it or not. coz a lot of people left recently and they have a ton of headcounts to fill. in terms of trading... 10 6 years 1 week
srr636: So, I'm a 2nd year analyst at JPM,...[quote=srr636]So, I'm a 2nd year analyst at JPM, spent a year and a half in debt capital markets and then switched into credit analysis mainly because my life was slowly falling apart as a result of working 18 hours a day and partially because i needed/wanted a stronger background in corp. fin... 5 6 years 1 week
jauunny: Thanks for your reply! I just got out...[quote=jauunny]Thanks for your reply! I just got out of school that why im kinda nervy about it. I guess the job sounds relatively chill so thats one upside to it i guess.[/quote] Another upside is you work with a lot of people, from financing desk to margin desk to sales people to operations... 119 6 years 2 weeks
jauunny: I just got offered a PB client...[quote=jauunny]I just got offered a PB client services role in a big bank with a relatively new PB department. But the not-so-good vibes about clients service reps is scaring me a bit. Was wondering: What should i expect? What are some of the career progressions possible? Can I move to... 119 6 years 2 weeks
I'd also like to add that PB is a valuable...I'd also like to add that PB is a valuable business. If you look at an investment bank, you can almost do a sum of all parts valuation. V(bank) = V(M... 119 6 years 1 month
WallStreet Prep Master Financial Modeling