Is Matrix Capital Markets Group on tier with Raymond James, HW, Baird etc?

I recently interviewed as a lateral candidate with Matrix Capital Markets Group for an analyst position and am waiting to hear back. From what I understand, they are an extremely well regarded bank in their sectors of expertise.

Based on recent transactions, it looks like they are moving into the UMM range in transaction size. Has anyone heard anything about this firm and overall culture, comp expectations, etc?

Assuming I get the offer, would it be comparable to RJ, HW, Baird, PS, etc?

 
Most Helpful

I previously had the opportunity to interview with them, and I have a connection with someone who currently works there.

Their specialization primarily lies in downstream and convenience retail companies, where they excel and consistently engage in intriguing deals within this sector. However, compared to other banks you’ve mentioned, they may not exhibit the same level of competitiveness across various sectors.

While they may occasionally secure deals outside their primary focus, it’s worth noting that they may face challenges competing with established names such as Raymond James, Houlihan Lokey, Stifel, and others. These banks have solid reputations in sectors such as business services, diversified industrials, healthcare, transportation & logistics, and consumer goods.

This isn’t to diminish Matrix’s capabilities, but rather to highlight the competitive landscape they navigate, particularly in the middle market and upper middle market segments, where the aforementioned firms hold strong positions.

Also - tbh the offer wouldn’t be in the same category as HL, Baird, Piper Sandler or other well established MM firms. They just don’t have the same resources or capabilities as them.

 

Interesting, I've heard great things about them. I've been told that their work product is on par with Houlihan, Jefferies, etc, within the downstream energy space. Unless you have an offer from a top BB, I would probably take Matrix if you have an interest in multi-site retail. 

 

Nisi ut distinctio consequatur dolorum excepturi. Et perferendis odit laborum esse quisquam voluptatem. Dolores occaecati dolor quo. Et consectetur corrupti dicta nihil quia magni.

Et consequatur est suscipit officiis assumenda cumque. Explicabo quibusdam omnis nostrum.

Tempore quidem sit sapiente repellendus beatae. Error quibusdam voluptas architecto sed culpa. Non sunt quam et beatae. Maiores suscipit atque hic facere. Perspiciatis nihil omnis ad atque cumque quia nobis.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”