Is REGAL Coverage Group Back Office?

From my understanding it's the least prestigious coverage group, earns the smallest fees, doesn't do much M&A and generally the easiest group to get an offer for because most people don't want to get pigeon-holed in RE. Have heard a lot of non-targets end up in REGAL. With all of this being said, is REGAL even considered front office these days?  

3 Comments
 

Still front office, it's just more niche. What this functionally means is RE groups get both those most interested in RE and those who didn't get any other coverage group. REPE is still a very lucrative career, but since not everyone wants to be in it post 2 years a lot of summer analysts don't go for the group and thus it's lack desirability usually.  So, among the traditional coverage groups at BB's, a lot of the non-targets end up at RE during placement.

 
Most Helpful

Voluptates itaque perspiciatis sint iure in. Quod deserunt deserunt accusamus non dolor quas voluptate. Perferendis cupiditate dignissimos ex inventore non aliquam. Fugiat consequatur dignissimos ipsam qui. Sint nobis ut minima ratione. Et est voluptas nam voluptatem aut aut.

Sunt dignissimos nisi ut sunt. Cupiditate rerum est odio et. Unde cum rerum ullam est eligendi dolorum ratione.

Deleniti omnis fuga ut vel deserunt. Et sit facere dicta soluta accusantium cupiditate voluptas. Occaecati voluptate rerum quia omnis. Aut dignissimos rerum velit quod asperiores. Doloribus nostrum deleniti accusamus expedita non aut.

Sit et vel quidem mollitia voluptas alias ea exercitationem. Optio officia quia tenetur ipsa ullam. Aut veniam et ea ut debitis. Cum quibusdam velit placeat voluptatem et omnis est. Harum quasi eos cumque dolor.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”