I've searched WSO and it seems that Piper hasn't been doing too well in the last 2-3 years with many top MDs leaving. Where do you guys see it standing 3-5 years from now? Is their healthcare group still as good as it used to be? How is the culture and pay for analysts?
Also, which offices are the best for Piper? Between Minneapolis, NYC, Chicago, and Boston. Thanks!
Yeah Piper was the lead adviser on the Medtronic deal. Honestly I'm probably biased but Piper has been doing well lately and able to expand w/ acquisitions including Edgeview and Simmons. If they were doing poorly wouldn't be able to do that.
As far as offices go, Mpls, NYC, Chicago, and Boston are all very different. Mpls is HQ and has bulk of the HC teams. Boston is tiny and pretty much only TMT I think. NYC mixed bag of teams but def smaller than Mpls, Chicago is pretty much only restructuring and DCM.
A big plus of working in the Mpls office is pay is the same across all offices and w/ such a lower COL you can really come out ahead working there vs. in NYC or SF and even Chicago.
You've asked this question over and over. Several Certified Users have calmed your nerves. Nothing is wrong with them. I know someone who made a solid PE exit and they are extremely well respected in the MM space so please no more "What's so bad about ____" questions.
The reality is, less than 0.1% of these board members will break into the mega fund PE shops.
Are you going to die of hunger if you don't get into a mega fund? No.
Are you going to die of hunger if you don't work at a BB IB? No.
Will you live a lucrative lifestyle and have financial security if you work within high finance, no matter which firm? Yes.
Ignore the shit and just go with whatever is given to you. You're still going to be in the top 0.1% of all earners worldwide if you work at a smaller shop. And if you're so desperate to move to somewhere else after, just hustle until you make it. I read a blind man climbed Mt Everest, so there's no excuse.