Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
June 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
William Blair and try to get into coverage group for FT
Would that be plausible? My thoughts are that since their pub fin is smaller they might not be hiring for pub fin after SA for FT. I don't really see any younger people on their pub fin team. Would I have a shot of FT coverage if I was there as a pub fin SA? I go to a ~40 national liberal arts college, so by no means a target or semi target.
Raymond James for sure not even close in terms of pub fin
So if my goal were to try and flip to corporate IB William Blair seems to be better...
What if I want to stay in public finance? RJ is objectively better? Does bigger mean better in this scenario? I would just love to live in Chicago compared to St. Pete/Memphis. Also would comp likely be the same? What about longer term (within pub fin)?
Raymond James is objectively a bigger and more established player in public finance. If you want to stay in public finance for the long term, you could certainly be successful at either, but you should consider your personal preferences. Chicago vs. Memphis/St. Pete (it sounds like Chicago). Small vs. large pond. Your colleagues. I used to be in PF at a firm close to WB in terms of number of PF bankers and I personally wouldn't have left for RJ. That being said, RJ should have stronger dealflow, larger deals, etc., so that could be advantageous if you're trying to build a career in PF. I don't know much about comp at the two firms, but you'll find this out if you ever have a decision to make.
If you want to move somewhere else, like to corporate IB, WB may be better. Besides the opportunity to move within WB, it'd also be a lot easier to interview somewhere else in Chicago vs. flying up from Memphis/St. Pete (not just easier for you, but also for the firms/recruiters looking to hire). WB in Chicago may look better to anyone recruiting for corporate IB, assuming they probably don't know much about PF. If you're leaving public finance, anyone outside the sector will not know or care about the PF league tables.
That's great advice, thanks! So anyone outside of public finance won't care about league tables... Will they likely then view WB as a more "prestigious" experience? What about to a business school?
I feel like if Raymond James would offer higher comp for PF bankers that would be the decider, but I have no way of knowing that as of right now :s
75 in Memphis for a better company will go much further than in chicago
That's true.. But I'd rather pay the extra and live in Chicago. I guess moreso than analyst/junior pay, I'm trying to ask if guys at RJ in pub fin would make a lot more at the VP/MD level than their equivalents would at WB? RJ does a ton in par, but that has to be distributed amongst a lot of bankers? If pay would be similar at senior levels, I wouldn't really mind rankings.
Atque quos ducimus exercitationem quibusdam consequatur molestiae. Assumenda rerum dolores aut fugit et explicabo. Deleniti consectetur inventore velit provident. Perspiciatis sint molestiae ea ut delectus distinctio porro nihil. Mollitia incidunt ad sit veniam numquam libero.
Quia praesentium provident veritatis eaque amet. Soluta ipsam vero sint sed est sed consectetur. Blanditiis quasi itaque voluptate nihil aliquam perferendis consequatur veniam. Numquam et culpa corporis qui.
Non provident assumenda facere laboriosam aut. Ut doloribus consequatur et et ut id dolores. Explicabo quae voluptatem dolor vel quibusdam.
Sit accusamus voluptatem debitis quas repellendus qui eos consectetur. Qui suscipit voluptatum et quo consequuntur. Aut aut nihil corrupti.
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...