Fifth Third IBD vs Cain Brothers Analyst FT
Weighing potential offer for Fifth Third Corporate Strategies (their new IBD) Analyst Charlotte vs a full time offer with Cain Brothers in non-NYC regional office. (Yes I know I should wait until I have both offers in hand, but just humor me anyways) If I am looking to make the jump from analyst to associate, break into MM PE, get into MBA business schools">M7, or possibly lateral to tier 2 BB which opportunity would give me the best options/experience. Also, seeing as 53's ibd is new I would greatly appreciate any insight on the group, culture, comp, deal flow....
Gracias Bromigos
You'll have an extremely difficult time going from Fifth-Third to PE and possibly even BB banking. I haven't heard of Cain Brothers, which is actually a good thing given that most people have heard of Fifth-Third and they're largely considered a retail bank with a commercial lending platform. 5/3 just has zero brand in banking and its not because they are just opening up shop, its because they are a retail bank and right or wrong, there is a very strong stigma associated with that on Wall Street.
Friend of mine enjoyed the healthcare focus of Cain and after a few years left to joined one of the top healthcare groups in the industry.
Go with Cain Bros. They are a strong healthcare boutique and you will get good experience. If you are concerned about brand you could make a move thereafter. Much easier sell than 5/3.
Agreed with the other posters, it's much easier to sell a boutique IB than it is a commercial IB just establishing its IB platform.
Agreed ^^ Cain Brothers's focus is more marketable when gunning for specialized groups later on
Qui quasi cumque molestiae nulla commodi non ea. Voluptas quos labore sunt eos quo corrupti consequuntur. At enim maxime explicabo. Consequuntur ullam quia ut itaque. Omnis qui accusantium sit et labore quo ratione. Qui similique pariatur facilis et molestiae eveniet. Minus alias a ut sit cupiditate.
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...