BofA Groups 2026 update?

Based on the most helpful WSO content, here’s what you need to know about BofA groups, deal flow, and exits:

Deal Flow and Exits

• BofA NYC FSG (Financial Sponsors Group): This group has consistently strong exits over the last 5-6 years, including placements at top private equity firms such as CD&R, L Catterton, Thoma Bravo, GA, Bain, Carlyle, KKR Infra, BX Infra, Onex, Cerberus, WCA, CVC, GI Partners, Oaktree, Oak Hill, Charlesbank, TSSG, HIG, and TA. The group is small, which makes these exits even more impressive.
• West Coast (LA + SF): Historically, BAML LA has seen exits to firms like Ares PE, FFL, Kayne Anderson, and others. SF has also had notable exits, including Carlyle and TPG recently, which speaks to the strength of the group in the region.

Culture and Work-Life Balance

• The culture in BofA groups like NYC FSG is generally regarded as positive, with good deal flow and strong exit opportunities. However, specific details on work-life balance (WLB) and hours compared to other groups are not explicitly detailed in the dataset.

General Sentiment

• BofA groups are seen as competitive and well-regarded for their deal flow and exit opportunities. While compensation is considered a "wash" across the board, the strength of exits and deal flow makes certain groups stand out.

If you're targeting BofA, focusing on groups like NYC FSG or strong regional offices like LA and SF could be advantageous for long-term career prospects.

Sources: BofA NYC FSG Culture, Deal flow, etc., 2019 Deal Flow - Group Sentiment, BofA Coverage Groups 2020, West Coast (LA + SF) Investment Banking Exit Opportunities - 2012-2017, Best groups at BofA