Incoming TPH Analysts Larping as PWP on LinkedIn
Can we talk about the growing trend of incoming TPH analysts announcing that they’re joining PWP, with TPH conveniently tucked into the energy group description?
They’re separate banks. Let’s stop pretending otherwise.
Saw a particularly egregious LinkedIn post recently where someone listed TWO incoming experiences, one at PWP and another at TPH, despite only actually going to work at TPH. Apparently, getting an offer from one bank isn’t enough when you can manufacture the appearance of two.
I do see why they don’t want to associate with TPH. The business is reportedly being scaled back, and PWP has raised concerns about the branch’s underperformance. The energy franchise seems to be a shell of what it once was.
And let’s be honest about the Houston A&D landscape. TPH is hardly the first name that comes to mind. RBC and Jefferies are substantially stronger alternatives for A&D. If you’re recruiting for Houston energy banking, there are much better platforms to be targeting.
The TPH banker population also seems to fall into two categories: genuinely talented bankers who are run into the ground, and people whose personalities were seemingly engineered in an Excel spreadsheet.
Nothing wrong with working at TPH. But if you’re joining TPH, just say you’re joining TPH. You don’t need to cosplay as a PWP banker to make your LinkedIn announcement more impressive.
Shut up
True though. TPH isn’t what it once was. You talk with old heads in the industry and they glaze TPH but now the branch is falling behind Jeff RBC
JEF and RBC are outliers in Houston and hard to beat. What does that have to do with the TPH/PWP affiliation? TPH can still be a great offer even if you rank it below both. EVR MP is a tier below GS TMT and Q. Would you call that a shitty offer too?
What really pisses me off is that, judging by your comment history, we went to the same school. How are kids in the Alt program coming up with takes this dumb?
Becuase it’s SMU bro obviously the kids an idiot. Just bc you might not be one doesn’t mean the vast majority aren’t even in the top programs. I did a year at SMU before leaving
What's the deal with every single Houston offerholder announcing they got an offer the minute after they hop off the offer call? It's just a sign you are doing this for clout lol. Have some humility can go a long way. The rest of the country is still recruiting, you are just making everyone else feel bad at the expense of your own ego. I don't see Wharton & Harvard kids posting about their NYC offers the same way so chill out about your T2 city offer.
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