Thoughts on BofA Palo Alto TMT?
Culture? Dealflow? WLB? People? Exit? Office Environment? Anything? How does it compare to its peers in the Bay area?
Culture? Dealflow? WLB? People? Exit? Office Environment? Anything? How does it compare to its peers in the Bay area?
Leo Lukenas was his name. Fundraiser for His Family is Here. (Bank of America Associate that passed away) | 90 | 2h | ||
+263 | PJT Addresses BoFA Aso Death | 40 | 12m | |
+217 | Looking to raise a Billion Dollar Fund - College Junior | 35 | 1h | |
+172 | It doesn’t need to be this way | 24 | 3s | |
+119 | Justice for Leo - BofA is Disgraceful | 14 | 5d | |
+85 | Fundraiser for Green Beret / BofA Associate | 18 | 6d | |
+77 | RBC M&A vs PJT RSSG | 14 | 11h | |
+66 | Biggest gripe in IB: people with no balls | 26 | 15h | |
+61 | Did I mess up by correcting my VP Publicly? | 19 | 11h | |
+52 | Vanderbilt ($$$) / Northwestern ($$$) vs UF ($) | 22 | 20h |
Career Resources
Curious as well - they lost 3 senior bankers to CVP so wondering if dealflow is still solid there
No idea about the bank itself but nice area, wonderful part of town. Centerview is down the street so I can see how this happened. For what it’s worth, I’ve seen lights on late at night but never see people working there on weekends.
bump
Pros - BofA brand, friendly culture, good/smart analysts will get some looks from top funds, solid semis deal flow, opportunities to work on higher profile deals though not normally in a lead position, less stressful than working at the usual “top” Bay Area banks
Cons - separation of coverage and M&A can be a con from analyst perspective, not particularly strong in software if that is of interest, many good/smart people across seniority levels leaving to tech companies and other banks during COVID, coverage work can begin to feel old after getting reps in, less knowledge pass-through than the usual top tech banks
Tried to provide a balanced view here and can answer questions in messages
Would it be an okay place for a career banker?
I interned there back in 2018, so not sure how this holds up currently. I received a return offered but turned it down as the culture was pretty bad, a lot of politics in that office. I was in tech coverage and pretty much every life deal was passed to the M&A team (in the same office) or NY TMT group. There had been some decent exits out of that office though, so could be worse.
They were understaffed from an analyst perspective when I was there and hours weren't great but also not terrible. Office is far from the city so not ideal if you truly want to be in SF.
I think I would've been fine there had I stayed but also heard things had improved since as I was still close with a few fellow interns who stuck it out and made it through.
Interested as well
Curious about what exits look like for coverage vs M&A. I've heard M&A is generally pretty solid but where do most coverage people end up? Is UMM / MF possible?
Aspernatur temporibus illum dolores atque qui. Libero eum accusantium suscipit maiores voluptatem eum minima laborum. Molestiae ducimus tempore in. Maiores est ipsa inventore repudiandae dolores in. Id a dolor quidem reiciendis nostrum dolore laudantium. Tempore autem delectus repellat corrupti.
Aut blanditiis aliquid veritatis. Veritatis iure nulla et vitae. Non id rerum doloremque adipisci tempora.
Est ea dolores incidunt quod dolor vel quia autem. Corporis omnis aut id sed veritatis. Aut quia magni vero odit 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...