Recently left the group and wanted to share for those considering. The deal experience is exceptional… consistently mandated on $1B+ deals with a strong pipeline of solid MM-UMM advisory deals with A-grade assets in the $300M to $800M range. Learned a ton and there are some great people there, but everything else…
For a bank that talks about its “no asshole policy”, as an Analyst and Associate, you are treated as scum. You are expected to work 95-110 hours weekly… you are not flagged as having high activity unless you log 110+ hours for 3+ weeks consecutively. My VP informed me that the expectation was I am online and available until 4am every night, regardless of what my workload looked like. They would then email me with unnecessary asks at 3:30am to check in on me (hadn’t heard from them since 8pm) and follow up with a list of “best practices” for being alert and active at 3:45am.
Multiple juniors who were healthy individuals left the group with serious issues. An Analyst who ran marathons decided to leave after his heart palpitations, driven by consistent 4am and 5am nights, worsened to the extent that he was consistently in the hospital. Analysts and Associates are chastised for going to the gym during the week.
On one project, every night was determined by my VP’s gambling. The guy bet tens of thousands of dollars nightly. If he cashed a parlay, I was in good shape… if he lost $25K on the Pirates, he would work us until the sun rose on tasks that never saw the light of day.
The protected Saturday policy was never enforced. If anyone ever complained, the seniors would remind us of how bad it used to be… and if you logged that you worked on Saturday, the lead MD on that deal would then call to scream at you for embarrassing them and chastise you for recording it, as “everyone knows the rules don’t apply to our group”.
Pay is sub-par. You can look at the various surveys, but the junior pay is well below street. They take care of their best guys, but everyone else gets pennies. On an hourly basis, I look like a Wendy’s employee.
Run for the hills… some groups get better as time passes, but this is a truly awful place to work. The group heads could not care less about you as a human being and see everyone as replaceable. They’ll burn you, replace you and trash you on the way out.
Former Associate here. When my kid was being born, I asked for two weeks off. Group head and MD each called. Group head ranted at me about how he didn’t take time off when his kid was born and that anything more than a day was overkill… MD told me that I was paid enough to get a night nurse. These are some of the worst human beings I’ve ever interacted with.
I used to work at Baird and that place fucking sucked. Worked me to the bone and got completely stuffed on bonuses every year
Last name checks out
Jesus man...
This is insane. At JPM and whenever someone has kids they take full maternity / paternity leave
Wow, I am speechless. Sorry to hear, hope you were able to find a way to make it work (find a new job asap, push back even if it jeopardized your bonus). Imagine an MD thinking some $500MM Industrials deal (the same type of deals I work on FWIW) is more important than your son being born. What a joke.
I was told i needed to be available and that “you’re really not helping much at home anyway”
This (and the OP's post) is fcking disgusting. Make as much noise as possible so that those asses are gone for good
This is whack. I took 3 months off and I wasn’t even the one who gave birth. Baird talent management - you’ve got to do better.
Seriously fucked. I'd just quit at that point Half Baked style
Why it’s a middle market their deal aren’t even that great
Had a friend interview for their industrials team, he told me the VP didn't even look at the camera. One joined 5 minutes late, didn't apologize, and proceeded to talk down to him for double majoring and going to Cornell. Multiple people can confirm that entire group is toxic/nepotistic, only way you're not working 110+ hr weeks is if your not related to someone
Honestly, if any boss in any industry ever did that, I'd have resigned on the spot.
There's no amount of money on the face of this earth that would even come close to the sheer invaluable experience of spending time with your first-born.
They can't handle two weeks off? Have fun spending months recruiting for a replacement after denying basic human decency.
I really hope you just quit on the spot or some equivalent of sabbatical or PTO.
scary stuffs that deserve to be bumped to the top of this forum for a few hours. commenting
This is fucking crazy lmao
These people are absolute scum. No job is worth sacrificing your health, also these behaviors are illegal under Europan law is someone had the gut to inform the authorities
Jesus this is insane lmao
My friend is an Analyst there and the hours are real. They get worked until 4 or 5AM two or three times per week. Huge face time culture to the point that you’ll get staffed if you’re off before 2AM multiple nights in a row.
Everyone in the group knows about a few very bad actors but no one does anything about it. Sounds like everyone’s trying to leave…
Lmao the gambling addict is a legend. Don’t get me wrong working with him was awful, but the stories are great. Knowing that whether or not I slept would be determined by the outcome of a semi-pro German tennis match caused unbelievable stress but always gets a laugh from friends. Glad I escaped that place
Most Industrials teams in the MM space are like that. Heard similar stories (although not as bad) from HW, RJ and Piper Sandler.
Yeah Piper Industrials was brutal. These Baird stories are insane though
Not even remotely worth it if you have to live like this.
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The difference is the 8 year olds at least know when their work day is going to end
Sponsors guys are generally awful in cracking good jokes.
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[This post requires a WSO Gold Account]
Current junior in the group and this could not be any more accurate.
This place truly is hell on earth. I don't know of a single analyst who is not looking to leave asap.
It has gotten so bad recently that group co-heads started calling associates and analysts out of the blue wanting to discuss workload and activity levels. Meanwhile staffers are getting on monthly group calls and saying there is capacity. Make it make sense?
The vast majority of juniors are pulling 90+ hour weeks on a regular basis with plenty having 100+ hour weeks back to back to back. VPs are up to 3am turning pointless items and MD/Ds are pushing unrealistic deadlines without a care in the world for junior wellbeing. No one says thank you to anything or recognizes the gruelling hours you are pulling. I genuinely believe they could not care less if you are sending emails at 5am.
I would not be surprised if the next "Banker at XYZ firm dies due to hours and workload" headline is a Baird Industrials junior.
This gets brought up to seniors and they act all confused. The only people looking out for juniors are the juniors themselves.
I would highly encourage laterals (especially laterals) and interns to stay away from this group.
Can provide another firsthand account of this place. Stay the hell away from this group. Please.
Everything that's already been said before is 100% accurate and in some cases they are actually understating just how bad this place is. These people are the worst human beings in any setting that I've ever had the displeasure of interacting with. Only take an offer from this group if you are absolutely DESPERATE (and if that, plan to stay a MAX 2 years and ideally less than that, in fact i would try to recruit again shortly after hitting the desk).
The problem in this group primarily stems from the fact that they like to hire people (typically laterals) from less reputable banks, non-target colleges and those who come from an adjacent industry with little to no prior IB experience. As a result, those who come in have an unncessarily large "chip on their shoulder", thinking never in a million years could they end up at a reputable investment bank with great deal flow. They are then willing to push themselves to their absolute limit, completely shut off their social and personal lives and pretty much sacrifice everything for this job. Have you ever tried talking to let alone working with this archetype of person? Now imagine working 20+ hours everyday with a group of these mfs. Annoying. Toxic. Neurotic. Unempathetic. Misguided. That's Baird Industrials for you. And yes, they regularly check-in on you at 5am to see if a deliverable is done (with the nastiest, most passive-aggressive attitude that you can imagine). And often times (really almost all the time) it's for something stupid like marketing work (yes this group treats marketing work like they are literally live deals).
The juniors regularly pull 5-6am nights in this group (no I'm not exaggerating...working 22+ hours straight). With a legitimate all nighter being pulled a couple times a month. How in the world is that sustainable? It's another major reason why hospitalizations have happened several times within this group.
And the seniors absolutely do not care and are souless. It's as simple as that. When you exchange this much of your time and health for money, over the years you end up becoming devoid of any humanity and the scary thing is you don't even realize it as it's happening to you. Imagine surviving those brutal, anxiety-filled years as a junior, hitting a mid-level VP/director position where you are still consistently working 2-3am nights and then finally reaching a senior enough position to where you're in charge of 4-5 subordinates below you. Unless you somehow manage to remain a decent human being, you will not give a fuck how you treat people below you anymore...Because the type of person to endure all of this is going to come out the most jaded, neurotic, insecure human being that you can ever think of. That's why they don't care. They're literally no longer capable of it.
I don't really care if you're religious or not but check out Matthew 16:26 in the Bible. What is the point of being in a group like this for the long-term if your grandkids, family and close friends won't give a fuck once you're on your deathbed. Don't get me wrong, I still believe if you are hardworking and disciplined enough, you can sustainably survive in IB / PE but only if you're in a group that places an actual emphasis on WLB. This is just not that group.
None of what I've said is an exaggeration and I'm just keeping shit real. I hope these guys get sued to oblivion or the government steps in and says enough is enough one day. Because they are slowly killing people.
Nietzsche - "Whoever fights monsters should see to it that in the process he does not become a monster. And if you gaze long into an abyss, the abyss also gazes into you."
imagine working past midnight at shit bank like baird lmao. I cant even imagine that. as someone thats only been at elite schools and firms, ive never even heard of baird until I looked at WSO - thats how irrelevant these guys are...
and then to think you are working that hard for them......brutal.
any VP logged into after 11pm for non urgent bakeoffs/live deal emergencies is a total loser (id even say ANY VP at baird is a loser).
so glad I never had to sniff this type of scum firm
grown ass man talking about elite firms and schools 💀 cornball
He is probably an intern tbh
Welcome back, Low Caliber Talent
MBA VP chiming in
Your writing style screams junior analyst, at best.
while it's funny, that VP would be fired by any respectable institution
The entire chicago bullpen has turned over in less than a year. Could literally be anyone lmao. MKE has had plenty of departures as well in the last year.
What’s Baird going to do, call OP’s new PE/HF and demand that they fire OP? Even if Baird knew 100% who OP was, they have no leverage.
this is crazy. good luck bro
Highly ironic that the Brian’s love to tout their”no assholes” policy, but they sure do have a lot of assholes working for them
Is this true even in MKE, or this mainly the tone across CHI?
Across both groups but noticeably worse in the Chicago office. That office is nothing but dudes which exacerbates the problem. Women tend to give a little more push back when it comes to working conditions
Currently work at Baird & will say this is mostly Chicago. The Milwaukee team has a much better culture (less backstabbing, more socials, take the job way less serious, etc.) which can be shown by the much lower turnover within the group.
It’s always funny to me that the CHI office has such big egos & like to be hardos when all their deals are being sourced by MKE MD’s…
Anyways, yes the culture on the Chicago Industrials team is the worst at the entire firm but MKE is exceptionally better (as someone who has worked / spent time with both teams).
Funny, I worked there pre-covid and it was the exact opposite. The group still sucked but being in Chicago shielded you from a lot of the worst offenders in MKE.
"Lets enjoy some pizza while I tell you how you have a substantial amount of capacity" - Unknown Baird Director
Glad this is happening again.
One other point haven’t seen mentioned is the insane nepotism. I think I counted 7-8 juniors who were sons / daughters or brothers / sisters. Literally there was an analyst whose dad was an MD in the same group. Actually disgusting lack of ethics.
They’ve also stiffed people on promotions many times, keeping them totally trapped. This is includes top rated folks.
Oh and the relationships…I was told on good intel that an associate was doing analyst’s work on confidential deals because they were dating. Hilarious. But if you’re one of the favorites of the group then no issue I guess. Rest get wrecked.
The chip on the shoulder comment is dead on. The thing is, the deal flow is actually spectacular. As far as deal dexperience it’s better than a lot of banks.
I have worked at 2 other banks since though and still the biggest ”assholes” I’ve worked with have been at the one with the “no asshole” policy
Former analyst / associate. More stories here - worst culture / working conditions on wall street easily
People literally dating between ranks. Imagine being a new analyst and two people above you are literally boyfriend and girlfriend.
Pervasive racism / sexism (like literally saying slurs all the time) – Not surprising when you look at the racial makeup / demographics of the group. You find this in a lot of midwestern / regional banks where there’s less oversight / diversity compared to their east and west coast counterparts
Former analyst was hospitalized multiple times and still expected to come straight back to work after their body nearly shut down. Was reprimanded severely and treatment from superiors didn’t get any better
Full-year experienced laterals being completely shafted on bonuses. Im talking getting paid significantly less of an end of the year bonus than 1st year stub analysts coming straight out of college
There was an analyst who walked into the bullpen one day after pulling an all nighter and literally told everyone around him “I wonder if I’m seriously going to die here”. We all got a little scared for a moment.
Confirming a pizza party was arranged where juniors had the opportunity to voice their grievances. Turns out only half of the mid-levels showed up and none of the MDs. So everything ended up falling on deaf ears and nothing ended up changing, things only just got worse lol
I remember a mouse-jiggler was used by many associates / analysts to hide their level of activity. So I remember if you were working under them they would use this to fake being busy and as an excuse to not help you out
This group is also notorious for associates / superiors taking credit for almost everything. Every so often there will be a night during the week where your associate would ghost you (even as you were asking them questions on what to do) throughout the entire evening / night, only to ping you at 2/3am asking for a status update on a deliverable
Confirming the marathon guy had heart palpitations and had to quit because of stress due to the job. Was a great guy and personally loved him
I remember seeing an email from a different VP where he was pleading with another MD to allow him to take the weekend off for his son’s birth. I don’t think I ever saw the MD’s reply but it shocked me how sincerely this guy was pleading (yes this is a separate case from what the earlier poster said)
9:30am Tuesday-Thursday attendance, no exceptions – Sometime in the middle of 2024 the group implemented this mandatory attendance policy. It didn’t matter if you were up until 4am working on a live deal and didn’t have any morning meetings. Admins were instructed to take attendance of who was in or out of the office and this would affect your mid-year / year-end review. There was already an activity tracker where the seniors would deduct from your bonus if you missed a few logs on your hours. So this new policy clearly was overkill on top of that.
But Fortune 100 best place to work!
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Seems like proof that usually when firms talk about how great their culture is, it's usually bad
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Was that the union kid?
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Union kid? What's this story?
So happy I declined my offer from Baird Industrials. Heard one too many of these kinds of stories.
Jefferies Houston's top spot is being threatened
Nah they're the 800 pound gorilla when it comes to that
This is fucking BAIRD? Tho I too would be a degen gambler if I had to live in Milwaukee
Del
fr???? No one said anything?!?!?!
Am aware of multiple people having trips to the hospital
One of the most embarrassing parts about it all is the seniors (genuinely?) believing the bank has above market WLB and using it as a selling point. As if we don’t have friends at other banks. Oh boy protected Easter? Golly gee thanks master!
Sheesh, and we thought Apollo was bad…
Any discussion in the Baird bullpen today about this?
For the Baird people lurking here, how does this compare to other groups?
i don’t work at baird. but i had a networking call with someone in another team and he mentioned that his group’s culture was good. specifically said it’s nothing like the industrials group without me asking. pretty telling imo
It is known firm wide that the Chicago Industrials team by far has the worst culture. For many of the reasons others have listed but mainly: too many bootlickers, backstabbers, useless associates who pretend they’re busier than they are, etc.
List goes on…
Also the overall lack of appreciation from VP’s and Directors is very shitty. As an analyst who’s had those 90+ hour weeks, the little “thanks guys for pushing so hard here, great work” goes such a far fucking way.
“Thx” or “Plz fix pg…” is such a slap on the face after grinding 18hrs straight for some deliverable
Pay some homeless guy a few bucks to beat up your MDs. Guarantee you’ll sleep well after seeing them the next day.
Lmao homeless guys even know to stay out of that place
Had a superday with them maybe 3 years ago. Analysts/Associate I spoke with were super chill except for one of them. Ended up getting a different offer not in IB and looking back while I was disappointed in not getting it, I’m still in my current spot 3 years later and 100% thankful I didn’t get the offer because I would’ve taken it and been miserable.
Hindsight is funny because maybe I tell myself I’m better off because I didn’t get an offer. But, looking at where I’m at right now I don’t believe my life would be in as positive of a place if I dove into that torture at Baird.
Same thing happened to me. Made it to superday but ended up getting dinged and I am not mad about it.
I want a netflix documentary about this group. can we please manifest this into existence?
the stories about VPs begging their MDs to have ONE WEEKEND OFF for their childs birth is CRAZY
also I lowkey had a spiritual moment when the poster above quoted 16:26 - pulled out my bible I hadn't looked at in awhile and legit had a moment reading that chapter/verse and the meaning behind it
"For what is a man profited, if he shall gain the whole world, and lose his own soul? or what shall a man give in exchange for his soul?"
If everyone is an asshole, no one is an asshole.
The co-heads need to step down if there is validity to any of this. Hospitalizations? Denying parental leave? Insane hours?
You don't see this type of outpouring of anger and distaste at other groups. Especially from the amount of past and present juniors speaking out.
Clients will see this and sure while it may not be the deciding factor of winning or losing a bake off (or even impact it at all), it'll be in their minds regardless. Not a good a look when MM sponsor sell side banks are a dime a dozen. You don't see this type of stuff being said about Lincoln or HL or Blair in this magnitude.
There might unique instances of this at other places but this seems pretty pervasive.
Blair is very similar. Thing just haven't come out publicly because the firm try to track down who's making these post.
Can confirm the Chicago office gets smoked
It all starts at the top. All have shitloads of stock and are getting richer and richer every year off this shit while their slave labor in Chicago and Milwaukee are getting beaten into the ground. It’s honestly inexcusable - there is no protection or adherence to any of the lifestyle policies. And from what I have heard, T&S is not much better.
No time off for weddings, children being born, sickness, etc. - it is dystopian. Also hilarious that they send out these dumb baby announcements too as if they actually care lol. “Congrats but see you tomorrow back in the office”
I remember on one of the yearly compensation calls, said something along the lines of “average hours worked this year across the firm for analysts and associates was around 80-90 per week, which is right where we want it to be. If you aren’t at this level, we view this as you aren’t busy enough.”
Based on 1) the one guy I've crossed paths with that worked there, 2) working at another sweatshop myself, and 3) the comments on here - baird is exactly the type of business you get when you take a bunch of nontarget guys who are using banking to cope with insecurity and thus make it their whole life, at the expense of every other part of their life.
The aforementioned guy I used to go to school with before I transferred ended up going to baird and bro gained like 30lb in his internship alone. Hope he hasnt dropped from his arteries or something, haven't heard from him.
I also spent some time in the white-collar dungeons and had to leave my two cents as well: everything I’ve seen on this thread so far I can confirm or have heard directly from first-hand accounts. To paraphrase the GOAT, here’s a few more for you:
Ah, the delightful pizza party - imagine you just got worked for the past year (see OP for hours / culture) because leadership didn’t want to backfill after everyone left last cycle and you get an awful bonus. Then, the admin tells you that Director 1 (had his entire junior team turnover twice and still can’t decide on the format for the IT slide that no one looks at anyways), Director 2 (rocks in his head), and the Staffer (VP, passes the buck when MD was upset with pitch materials) wants to do something nice after the tough year you’ve had. Sends out calendar invite for a pizza party at 8pm for all the juniors; proceeds to yell at you for 2 hours about how you’re not pulling your weight, working til 5am doesn’t mean you’re doing a good job and you have it so much better than they did with their 3x bonuses since they didn’t get to WFH on Mondays and Fridays. A couple signature moments:
Someone asked, “(Bulge bracket) hour tracking system automatically flags juniors for excess work at 80 hours, when does ours?” Staffer: “120 hours a week”
Director 1: “If you all do a better job about all getting into the office at 9am, then we can see about not working until 4am every single Sunday”
Director 1 & 2: “We work way less than boutiques like Lazard and BB banks” – directly refuted by people in the room who worked at those banks / had friends currently at those banks.
The icing on the pizza so to speak was that after the “party”, you get to stay up late to finish all the work you put off to get yelled at for not working productively enough. Yayy! This pow wow (and Director 1) led to at least one associate leaving without anything lined up the next week. The guy was an army officer previously and said he’d rather that over staying at Baird…
The protected Saturday policy was an absolute joke and a request for an exception was never denied by group heads. They love to tout that you get 4 day weekends for Memorial Day and Labor Day but I know many people (myself included) who got the privilege of getting approval to work that day. When someone complained, they got told, “At least you get Labor Day weekend off”. Until that person got an approval for LDW too…
Additionally, there were more than one instance of juniors “resigning” involuntarily or being let go after getting on the wrong side of the staffer or other VPs. Juniors were fired and then marked as “voluntary separated” which seems suspiciously like unemployment fraud…
The ol’ boys club culture is very real with the slight caveat that you had to be one of the “in crowd” rather than solely a white male (boo hoo); directors and VPs protect the associates they like with deals of their choice and more manageable workloads / junior support. One such associate was a member of a country club and would take Staffer, Director 1 and other VPs out for a quick 6 hour round of golf on Sunday while the rest of the team stayed in front of their computer and worked. He also mastered the art of telling everyone he was busy while doing no work and then chasing at 10pm – 2am. I’m not sure the guy did a single shred of work ever but hats off to him especially since he bragged about being the youngest associate at Baird to everyone who would listen.
One special VP must’ve been emasculated by his wife as he seemed to harbor a perverse pleasure for verbally berating associates and analysts and ripping their work to shreds despite turning slides multiple times without providing any guidance beyond “make this better”. Bro make your hair stop going gray in your early 30s and maybe you wouldn’t be so mad. Or maybe it was the fact the analysts absolutely abused him when he was a useless MBA associate that he still has a chip on his shoulder, who knows?
Another VP got too drunk at the bar in the building one night and started a verbal altercation with an older lady / the bartenders and then bit an analyst on the chest when he got back to the office (I wish I was joking). Needless to say, he was not welcome back to that bar. Within the span of ~6 months, almost half the analysts and associated turned over, starting with an analyst who got on the wrong side of the staffer by being unlucky enough to be staffed with the aforementioned associate who blamed him for poor pitch materials despite not providing any assistance. After that, he was marked for death with no real chance to change his fate. Another case saw a high-performing junior report harassment from an associate. Guess which one got fired with no notice ~6 months later and which is still employed? The remaining good associates all slowly left, were fired or encouraged to leave. A lot of BS about wanting to change the culture and the “No assholes policy” have actively worked against anyone trying to make positive change. Crazy how the worst people end up as the development managers for the associates and analysts but it’s really not a shock when your business model consists of burning out 22 year olds so that you can bonus out one or two analysts who perpetuate the cycle when they get promoted. Anything that can drop down to the bottom line and put a few more dollars into the MDs pockets!
lol at “veneers could not be brighter”…I wonder who that could be 😂😂😂😂
My god, this is why I still read WSO.
Biting an analyst on the chest 💀💀
Can confirm everything here, it's honestly insane anyone works there at all. I did and I regret it very, very deeply, lost years of my life and who knows how many years younger i'll die because of the harm they did to my health
Where'd you end just curious? Starting there in a couple months
Some earlier poster had a comment on a Baird analyst unionizing, here is the thread on that:
https://www.wallstreetoasis.com/forum/investment-banking/baird-analysts…
Here is a separate thread from 2021 on the email that went viral and got a VP fired:
https://www.wallstreetoasis.com/forum/investment-banking/brutal-email-b…
As someone who has worked at multiple sweatshops before, I get how it kinda gets old seeing a new thread of X bank’s terrible working conditions…but Baird industrials is just a uniquely terrible case in the industry. This stuff has been going on for years and there’s a viral post about this group annually. I hope one day authorities investigate the men in charge of all of this.
THEY THREATENED WITH A LAWSUIT SO I DELEGED THIS LOST
LAWSUIT
Is the pay at least worth it once you climb up to / past VP?
Not asking to be a psychopath and to justify the behaviour, just wondering what long-tailed incentives they must have in place to keep people at a relatively un reputable bank with apparently horrendous work conditions.
Are the MDs / GHs rolling in it?
Nope, the just recruit hungry/stupid non target kids who can’t get anything better and use the fact they’re in IB to flex on their state school buddies working random jobs
Why did liquidity post about this on Instagram and then delete it? anyone else see that
As did WSO Instagram page
Probably threatening with lawsuits. Hope someone has saved all this stuff down cause one poster has already removed their comments.
The stories on here are exactly the type of stuff the media needs to get a hold of.
These guys sold a boring industrials business for me a few years ago. They certainly were a more sweaty group than anything that I experienced in my MM banking years. It seemed as though the juniors exclusively sent email after 2:30am.
The mid levels (some aforementioned in this thread) seemed okay, but I suppose they could keep it together in front of the client. The MDs (also aforementioned) had the personalities of wet cardboard boxes. The juniors were overworked, but good guys.
As much as I felt bad for the juniors, I can't deny this group delivered flawless execution that led to a good outcome....the moral duality of this industry continues....
Apparently they just sent an internal email lmaooooo
Don’t run scared now J&M!
Threatening lawsuits hahahaha
It’s all true you idiots what are you going to say? You really want to poke the bear? Tell me the VP didn’t bite the guy, you can’t! You lose!
Dude wtf happened???
Can we get eyes on this email?
More context bro cmon plz
The entire industrial team was instructed them not to talk to anyone about this LOL.
Way to make the problem better guys. Forced silence usually works well when your constituents are unhappy
Confirming this is fake news!
Now WSO is deleting comments this is pathetic
Anyone have a screenshot?
Baird's Industrials team will do literally anything to protect their reputation.... but treat their juniors like human beings
Baird leadership definitely in the war room rights now sweating buckets over impending litigation. With the sheer quantity of responses with specific and personal anecdotes I would too
Fwing
Wtf. This is horrendous
i have saved this on my harddrive. WSO will get hit with a cease and desist to take this down, but i have it and will repost if necessary
There was a WSJ reporter in the threads when Leo died, hope they are seeing this also
Thanks. Glad to know we're all safe!
What was the response
Criminals
Call the FBI/SEC on their asses
The person went to Brown, perhaps the chillest target school. To go from that to perpetuating a shitty culture? Ironic.
Posting to keep this trending
Houston Jefferies and Apollo NY are even worse believe it or not.
I've heard terrible things abt Jefferies
I don’t cover Industrials because if I did they never get any business from me.
Absolutely horrendous place. Glad it’s getting publicized.
I’m sure Baird HR and management are thinking of short-term ways to ride out the bad coverage
Interned at Baird a few summers ago. Got slapped in the chest full force by an analyst in industrials during a night out (now associate, still at the firm). Knocked the wind out of me. Luckily, I was inebriated enough not to feel it at the time, but hurt for a few days afterwards lmao. Needless to say I steered clear of the group and am glad I did so
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0/10 ragebait
I sent to a Bloomberg reporter
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Can tell this squid is a salty 30 year old Baird guy because of “GDI” 😹😹😹 Shrink the game herb grandpa. LANK, Lily Lange, Scuba Girl
See some comments are removed now. Wonder if the group is threatening lawsuits.
I left Baird a while ago but the nepotism was actually laughable. Some examples below:
- The CEO’s son is an MBA associate
- MD #1’s son is an analyst in a different coverage group
- MD #2’s daughter is an associate in the same coverage group
- VP #1’s brother is an analyst in the same coverage group
These are only the examples I personally worked with. There are definitely more
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Found the guy that still owns Baird stock
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I’ll have that VT&M marketing deck over for your review by the AM. Just provided expectations to the junior team at 10pm tonight even though I previously told them early next week was fine 👍
It's okay, just ask to do the work. He knows VT&M better
Looking forward to reviewing your work.
I love VT&M. It is the best boiler at Baird
This Baird saga is so interesting.
j
lol the mods are working overtime in here
MDs doing nothing from 8pm is crazy
Industrials member checking in. Still cranking at 4am. See you guys 930 sharp, butts in seats.
Oh but hey at least they told us we have Easter Sunday off - only after this post blew up though. Consolation prize I guess.
If Jesus can plug back in on Easter after being crucified, what’s your excuse? Need that deck, and make sure to follow the markup.
Not sure if it is still true, but a post here a few years ago highlighted that Baird was the only bank at their business school that had a two year clawback on sign on bonuses.
Can confirm - they also don’t prorate the clawback if you leave after one year (which isn’t market). Wait for it: even if you’re fired before two years, they require the clawback (few associates had to hire counsel to fight that)
Were they successful in fighting it?
It’s not just mba associates sign on bonuses, it’s A2A promote bonuses too. They claw back the full thing if you leave before 3 years. It’s also structured as PIK loan so you have to pay back the accrued interest too. And the other guy is also right - even if you are fired they claw it back
…so they’re loan sharks, too? This keeps getting juicier and juicier.
And yet juniors still cycling out on a regular basis (some by choice, some not).
After reading these posts and confirming the vast majority are true (including the ones that have since been deleted), it would seem they have, over many years of consistent leadership fails, created an environment where bankers are choosing to walk away from $$ as the better option.
Not a good look Baird.
This is crazy if true.
So many of the most damning comments have been removed wtf is this
So many damning posts deleted. The only thing WSO protects more than DEI is banks abusing their staff. Disgraceful.
I mean I get it, but think of it from Patrick’s perspective. Hosting those comments probably opens him up to litigation which has apparently already been threatened here. He has a life and business to run, too.
Posts may come and go, but screenshots are forever.
PLEASE don't take this down. This is the kind of post that needs to be shared for real fcking awareness about places like this. If not, nothing is gonna ever fcking change..
I guess I understand the litigation risk but this site has really fallen off.
Agreed. It’s about having a spine.
And a bit telling that Baird is focused on removing the information rather than addressing the situation.
Of course they could be working on that right now!
🤣🤣🤣
Genuinely curious how WSO could get sued for anonymous people posting about their "alleged" experiences (obviously there is some truth to these posts)? It's crazy how Baird is more concerned about protecting their imagine rather than their own employees' wellbeing lol
These posts are critical for educating people (i.e., warning people) before they make a decision to join said firm imo.
Could the answer to your question be buried in the unusual fact that the head of their HR used to be a banker? 🤔
Did anyone save the key posts? Throw them up on Reddit?
Since it got taken down
*not mine just reposting
Someone made a reddit post for people to post this stuff, since WSO keeps taking it down.
Title / link?
Why doesn’t someone just create an unrestricted WSO type forum
Reddit
Reddit now has a post titled I love Baird
Look at how WSO is protecting these criminals...multiple multiple hospitalizations I've known happening in this group...forcing juniors to work 24+ hours straight some days...working people literally to the brink of collapsing...racsim,sexism, nepotism rampant...denying people the right to care for their newborns (for a few days) by threatening them with their jobs...does someone seriously need to die again for these people to be punished for what they are doing?
Someone send links to the Reddit threads?
I love Baird.
Is that the only one
It appears to me that many people posting here miss their time at Baird Industrials. It is honestly not a bad place to work. Coming from someone that still works here, majority of these stories have been exaggerated. We have closed some of the largest and most prestigious deals in the Industrial sector and will continue to do so. Go Baird!
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