Lazard MM vs Guggenheim

Hi all, just wanted to try and get a consensus behind this dilemma. I know rankings are pointless to a degree, but hey, multiple opinions are better than one. I'm trying to gauge between SA offers for these two positions. I know Gugg is growing but definitely lag behind Lazard in terms of reputation. However, Gugg would give me the chance to work on larger deals where as if I were in the middle market group at Laz, most of the deals I would see would be on the smaller side. In other words, does the opportunity to work on larger deals mean more than the network, reputation, etc that Lazard would provide (even if the MM group isn't seen as strong, as say, healthcare). Just looking for general advice!

7 Comments
 

Thanks for the thought! I've heard the difference between Laz and Laz MM before, but I know Gugg is heavily group dependent while MM at Laz is generalist and gets Grade-A dealflow (Their 2018 Annual Review says they closed ~150 m&a deals 1 billion). Do you mind explaining how you would take Gugg "by far" when, as far as I know, the whole of Gugg doesn't even complete that many m&a deals per year? (Laz MM still has restructuring, capital markets advisory, etc)

 

I wonder if anyone has knowledge about recent exits for Laz MM and Gugg analyst classes? Possibly another angle to explore in terms of how the positions are viewed from the buyside

 

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