Quick heads-up for anyone thinking about joining a certain II-ranked ER team (let’s call the analyst S). I wasn’t on his team directly, but I sat near them for a few years and saw the churn up close—constant associate turnover, and it wasn’t a mystery why.
S has the ranking, but he doesn’t know his own numbers and never touches a model. The directors and associates carry all the actual workload while getting yelled at on a regular basis. You could hear him across the floor almost daily. Unrealistic expectations, zero support, and a toxic vibe all around.
One associate left for mental health reasons, and S apparently called her new boss to badmouth her. He also went after the person who referred her in. People looked physically drained—weight loss, hair thinning, the works. Just not a healthy setup.
Name looks good on paper, but honestly, unless you’re trying to burn out fast or prove something to yourself, this team’s not worth it.
DM if you’re considering it and want more context.
Based on the most helpful WSO content, this post highlights a toxic work environment within a specific II-ranked Equity Research (ER) team led by an analyst referred to as "S." Key issues include:
While the team’s name might carry prestige, the described conditions suggest it’s not a sustainable or healthy choice unless someone is prepared for significant personal sacrifice.
Sources: WSO 2022 Investment Banking Work-Conditions Survey (Part 1/3), Strategy& Ex Employee - Q&A, FT Partners Culture/Fit, 1st Year Analysts Quitting?, The Work Always Gets Done
Power and utilities at Jef? Interning on the same floor as his team and they look physically tired and miserable. The associates are always in the office even on weekends
Interested in any further commentary on the team
all the associates left and have been replaced by more senior
What’s the point of this post?
Don’t eat at this restaurant, X. I’ve never eaten there but I know people that have and they said the main chef has a rat controlling him underneath his chefs hat.
If you’re not going to actually warn people about the actual team/bank, then why bother posting?
Finance is rife with shitty managers since making money is the primary determinant of success, not being a great manager.
KBW?
If you're going to make a post giving a warning about working for someone specific, you should probably name them.
Evercore ISI?
the person is referring to the KBW fintech & consumer finance equity research group and the initials are SS
Sanjay Sakhrani
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