Deliberating a Wells Fargo Offer
I've been a lurker on these forms for a while and often notice a lot of shade thrown at Wells. I recently was given a 2025 IBD offer at the firm in the NY office.
I know traditionally Wells hasn't been a strong player within the IBD specifically M&A and has faced a lot of issues regarding lack of resources from firm leadership as well as bureaucracy. Does anyone have any insight into if this is changing?
Does anyone also have any clue of how the exits may look moving forwards? Also what are the best groups to join if you want to keep the exit opportunities open?
If you look at league tables you’d think it’s a great place, but they’re only on deals for financing.
Like saying “he only hit because he’s got money”
…. Still hit though
Leadership is good, but mid level ranks are really lacking in quality based on what I heard. Culture depends on groups. Feel free to PM me if you want
Deleted
Oh wow, didn’t know they were still recruiting this late
beats no IBD SA25 offer
This may come as a surprise, but every bank is bogged by an endless bureaucracy. It’s kafkaesque
.
I wouldn’t recommend.
Why?
It’s a good place to start your banking career. If no other options, you should feel good accepting and knowing you’ll get solid experience at a reputable shop. As others mentioned, they are light on true advisory work and primarily work on deals via debt financings. You’ll still prepare a good amount of advisory pitches / “idea books” for corporates which are solid experience, even if WF rarely lands the mandate. If you spend 1-2 years working hard and learning, you’ll be well positioned to lateral to high quality advisory shops.
This is based on my experience with several ex-WF bankers at my current well-known (“elite”? … hate that term) boutique.
What are your parameters and rankings for "high quality advisory shops"?
What other offers do you have?
If none then take Wells.
It's all about your personal situation. Especially in a tough job market globally.
Honestly Wells is often underrated in terms of opportunity. Definitely been growing and on an upward trend from where its been more recently due to legal issues. S&T and Research at Wells are more "prestigious" and stronger, but banking at Wells isn't a bad option. Again, most of these responses come from people who are GS or bust
Smells Fargo
Where FartsGo
Voluptates magni harum recusandae veniam sed vero. Eum maxime omnis deleniti accusantium totam enim nihil. Est rerum et odit est. Consequatur et aut non soluta consequuntur animi. Occaecati aut corrupti repudiandae alias est sit.
Facilis qui dolores earum temporibus adipisci reprehenderit. Aut aut pariatur exercitationem velit perspiciatis sequi. Et impedit molestiae nemo omnis. Aut dolore distinctio ut incidunt autem.
Quo sed porro quae laboriosam quo voluptatem magnam. Eveniet vitae ea quae animi maiores magni. Sit dicta et eveniet libero dolorum voluptas. Ut aut quidem perferendis vel quia.
Assumenda quaerat omnis qui repellat quod pariatur qui. Facere unde modi perferendis recusandae. Atque dolor rem incidunt sed.
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...