Firms left for SA 2026

Based on the most helpful WSO content, here’s what you need to know:

1. Firms Yet to Post Applications:

   • Historically, some firms like William Blair, Jefferies, and Arma Partners tend to open applications later in the cycle. For example, Arma Partners typically begins recruitment in January for a July intake.
   • Middle-market firms and boutiques such as Stifel, Loop Capital, Nomura, Raymond James, and Cain Brothers have been known to open applications later in previous cycles.

2. Networking with BBs:

   • Even if most BBs (Bulge Bracket banks) have filled their analyst classes, networking is still highly valuable. Many banks may have last-minute openings due to candidates declining offers or other unforeseen circumstances.
   • Networking can also position you for future opportunities, such as off-cycle internships or full-time roles.

3. Actionable Advice:

   • Focus on networking with firms that are still recruiting or have yet to open applications. This includes boutiques, middle-market firms, and satellite offices of larger banks.
   • Keep an eye on job boards and firm websites for updates, as some positions may open unexpectedly throughout the year.

If you’re targeting SA 2026, it’s crucial to stay proactive with networking and applications. Good luck!

Sources: 2019 Summer SA apps still open??, https://www.wallstreetoasis.com/forum/job-search/what-firms-have-endedfinished-up-2021-sa-recruiting?customgpt=1, SA and Full Time Recruiting 2020 thread, Updated Summer 2019 SA Open Applications, Which LDN banks haven't opened SA applications or are still early in the process?