Comp / culture at Ruane Cunniff and Goldfarb

They've had a streak of terrible performance recently, down nearly 200bps in past 5yrs and over 400bps in past 10yrs. 

Anyone have more insight into the culture and compensation there? Not sure whether this place can really survive the next 20yrs, patience for this much underperformance just isn't there the same way it was maybe 10yrs ago. Then again, I'm on the growth investing spectrum and have no insight into 'value' (though really RCG is GARP, they just wouldn't like that term) and clients do want to allocate chunks to 'value'.

Any thoughts would be helpful, whether that's regarding the investment committee, culture, comp (good or bad)

Comments (1)

May 20, 2022 - 4:42pm
WSO Monkey Bot, what's your opinion? Comment below:

Impedit nisi laboriosam atque ipsum voluptatem architecto. Minima tenetur dicta recusandae repellendus sit alias. Nihil atque a quam recusandae ratione culpa libero quidem. Quo expedita saepe at. Amet sed et molestiae ipsa similique suscipit ut.

Consequatur exercitationem aut amet corporis et facilis. Et officia et voluptatem dolor eveniet occaecati. Perferendis sint quia minima facere minus enim. Sint iure officiis optio.

Omnis doloribus quibusdam consectetur. Eum dolores quibusdam sint assumenda harum repellat. Nostrum modi suscipit ullam tenetur sint. Est esse dicta minima maiores.

Start Discussion

Career Advancement Opportunities

July 2022 Investment Banking

  • Jefferies & Company (▲03) 99.6%
  • Lincoln International (= =) 99.2%
  • RBC Capital Markets (▲07) 98.8%
  • Bank of America Merrill Lynch (▲01) 98.4%
  • Houlihan Lokey (▲06) 98.0%

Overall Employee Satisfaction

July 2022 Investment Banking

  • Lincoln International (▲06) 99.6%
  • Jefferies & Company (▲11) 99.2%
  • Greenhill (▲07) 98.8%
  • Rothschild (▲01) 98.4%
  • Evercore (▽01) 98.0%

Professional Growth Opportunities

July 2022 Investment Banking

  • Jefferies & Company (▲04) 99.6%
  • Lincoln International (▲04) 99.2%
  • RBC Capital Markets (▲09) 98.8%
  • Houlihan Lokey (▲07) 98.4%
  • Bank of America Merrill Lynch (▲04) 98.0%

Total Avg Compensation

July 2022 Investment Banking

  • Director/MD (9) $661
  • Vice President (37) $394
  • Associates (190) $246
  • 2nd Year Analyst (117) $162
  • 3rd+ Year Analyst (17) $156
  • 1st Year Analyst (369) $150
  • Intern/Summer Associate (78) $147
  • Intern/Summer Analyst (292) $92