Is Bernstein the best in ER?
Most of the threads on this are several years old.
https://www.wallstreetoasis.com/forums/sanford-be…
https://www.wallstreetoasis.com/forums/sanford-be…
With AllianceBernstein moving their official headquarters to Nashville (research is still in NYC) I'm curious as to how their reputation on the street is.
How does ER at Bernstein compare to the rest of the industry in prestige, exit ops, and comp
So what exactly are you asking here? Is Bernstein the best in ER? No. And they’ve been trending down in recent years.
Not sure what you are asking either. Reads like a rant. So here are my few cents from the buy side PM and former sell side associate and analyst.
It depends on the sector and team. For energy they are extremely good and insightful. Stock picking prowess, not the greatest but that’s not why I like them. As a PM I pay for ideas and insight. I pay for experience and knowledge not attitude or where someone graduated from. I could care less and I suspect that’s the norm.
Can’t speak to culture or training of associates. But seriously don’t expect to become a covering analyst until you have a lot of years under your belt or you come from industry with years of experience and a few years as an associated.
Salary figure that out on your own. H1B database is worth looking at (as a former H1B person). But comp on sell side can be more complicated. It depends on a lot of factors. Each shop can be different. So understand what drives comp and what you can do to support your comp and your sr analysts comp.
Office politics. Seriously? It exists everywhere. Learn to deal with it and manage it. If it is toxic then leave. Eventually everyone will work with a prick or see someone suffer under a prick. Just try not be one yourself.
Thanks for the response.
I cleaned up the post a bit. To clarify, the rant was posted in 2019 at the end of a couple 2010 threads about ER and never received any replies.
Their equity research associate program is arguably the best and has the highest pay.
Agreed, Bernstein one of a kind platform
Would you take a job there?
As opposed to being unemployed? What are the options, I would take any ER job if you wanted to break in.
Bernstein is very legit. Their model is to hire analysts from the industry they cover, so the analysts are absolute experts who understand the drivers and trends. Some ex-Bernstein analysts are so successful that they started their own shops. Ex. Moffett Nathanson.
And some Bernstein analysts are viewed as laughingstocks. It's hard to generalize.
Vel nesciunt impedit est. Rerum reiciendis dolores nemo voluptates. Recusandae aut reiciendis qui exercitationem dolorem. Consequatur sit repudiandae qui est sit inventore tenetur explicabo.
Voluptas cumque tempora quia nisi quidem. Ea molestiae officiis praesentium debitis. Consectetur tenetur consequatur ut et. Facilis officia ut dolor eligendi dolorem. Dolore cupiditate inventore officia est est.
Aut quia quisquam et eligendi corrupti. Doloremque ullam nihil officiis eum nam dicta. Optio quibusdam minima nihil est. Dolor neque aut molestiae sit dolorum quisquam et eius. Odio exercitationem eum quidem corporis et.
Et quam quia nam. Modi minus dicta harum eaque facilis qui ut repudiandae. Dolores sed voluptas at reiciendis. Nisi quisquam quia velit doloribus unde.
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...