No-Name Quality Investment Banks
There is a lot on this website about the boutiques you should not work for, and we all know about the elite boutiques that provide useful experience (Lazard, Evercore, Greenhill) but are there any small, no-name investment banks that provide valuable internship experience? Specifically, did anyone have a good sophomore investment banking experience? I am specifically wondering of banks in NYC, but any feedback is helpful.
Tobin & Co
Here's a couple:
Union Square Advisors Daiwa (previously Sagent) PJ Solomon Financial Technology Partners
I wouldn't necessarily describe most of those banks as no-name.
Not no name, but good boutiques. Not sure there's such a thing as No-name, Quality IBs. You'd get a name if you were turning out good work and landing deals I assume.
PJSC is well-regarded in the consumer/retail space and FT Partners does solid (if not spectacular) work in FinTech out west. Just because your average Joe hasn’t heard the names doesn’t make them “no-name” banks
As well, Union Square has incredible deal flow and is highly regarded in the $100M to $1.5B sell-side space for software and IT Infrastructure in particular.
I've heard Pierce & Pierce is pretty solid, some questionable behavior from VP's though.
GP Bullhound - mainly tech GCA Global - many industries Ondra Partners - many industries Torreya Partners - mainly life sciences
EDIT: I found this list (http://equity-research.com/list-of-top-200-investment-banks-and-boutiqu…) and if you scroll down to 'Regional/Boutique Investment Banks' you'll find what you're looking for.
I think you should instead focus on identifying banks that accept sophomores/juniors as interns during the fall and spring semesters and see where those interns ended up. Some 'no-name' boutiques might actually providing decent experience and server as feeders to decent summer IBD programs.
Case in point: There is a local boutique in Austin, TX (Cappello Group) that undergraduate UT b-school kids intern at during the school year. If you look at the Linkedin profiles of students who interned there, you'll notice that most of them end up at BB summer IBD programs their Junior year.