Firms to avoid

At this point (November/December) a couple of years ago, I started reaching out to small and boutique firms in New York to try to find a summer internship after I struck out during normal recruiting. Yes, an internship is better than no internship, but here are a few firms (mainly discussed previously on WSO) that are not worth your time.

Harvey & Co - merchant bank that “researches” companies to pitch them to do deals, doesn’t do any itself

Tobin & Co - unpaid intern / full-time, plenty of threads on this (hi @TOBINCO)

Blackmore Partners (PE) - unpaid intern / full-time. Leeches off of other deals

Alpha Capital Partners - 1 man shop that sells BS “professional development programs” and doesn’t do anything

Atleutian Capital - markets deals but doesn’t work on any

Daroth Capital - cold calling only

Good luck out there and keep grindin'. There are plenty of reputable boutiques that aren't these shops. Feel free to add more if you know more.

3 Comments
 

Just gonna jump in here...Harvey & Co. is great if you're a freshman and from SoCal because it's easy to BS on a resume and made it a lot easier to get a decent sophomore internship. They accept a ton of freshman and it's paid. If you're a sophomore or above, agreed though - definitely avoid.

 

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