From what I can see right now, anything in the upper middle market (and higher) is slow. The middle market and down is doing okay given private credit / financing availability paired with factors unique to those markets (like founders wanting to exit vs strategic transactions that more market centric). I feel like the market is now really starting to get dicey.
How are others doing? I've heard of some IB MDs with zero fee revenue.
| +64 | PWP acquisition by Piper cancelled | 27 | 1d |
| +55 | Is my MD a grifter? 16 years, 8 firms | 16 | 1h |
| +43 | No return offer - UPDATE. | 12 | 20h |
| +40 | Article: UBS Wall Street Rebuild Is a Study in Management Failure | 8 | 3h |
| +36 | "Corporate & Investment Banking" Analyst - Why? | 33 | 18m |
| +26 | Lack of talent in IB! | 25 | 38m |
| +24 | Best Houston Banks for Culture in 2026 | 18 | 23h |
| +24 | What Are The Best Boutiques 2026/2027 | 16 | 1h |
| +23 | Moat of modelling in PE/Finance completely vanished; | 3 | 19h |
| +21 | Internal lateral from coverage to M&A (focused on coverage) | 6 | 1d |
Career Resources
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.
Rem incidunt voluptatum corporis quae et modi. In tempore quam atque soluta culpa deleniti impedit. Est culpa accusamus unde voluptatem dolorem explicabo.
Distinctio dolor suscipit sequi sint. Rerum totam eos quae ratione voluptatibus quisquam. Repellendus sint id repellat molestiae praesentium consectetur. Itaque est explicabo qui. Aut corporis velit velit consequatur deserunt.
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...