Qatalyst vs FT Partners
Very interested in the focus both banks but in their respected industries. I'm sure that because of so, there is more deal flow/less pitch work being done at both banks. Would love to see where you would work if you were to stay in banking long term. Pay at FT Partners is amazing, but it shows that they must have a problem from retaining talent from brutal work culture. Q also has above average pay (higher than Centerview and Evercore from what my friends have told me but less than FT Partners), but how does their work culture stack up against FT Partners?
Is the greater pay at FT Partners worth the brutal work culture when compared to Q or other EBs? Ran some numbers and found out that you would get roughly 50-70k more from FT Partners compared to EBs for working probably ~2 more hours a day... I know this is hard to believe, I was shocked too.
50-70k pre tax*
Whats all in comp like at both places for AN1? Was under the impression Q is probably one of the highest paid shops on the street but ur saying FTP pays even higher?
140K base + bonus. Im assuming around $250k all in. Q is around 220k, EV and CVP around 210k.
Q is ~280 this year not including signing for An1
Pay at FTP Partners is not good because of their clawback policies. They also definitely do not pay more than Centerview and Evermore, that's nonsense why would they do that? They're not competing for the same talent at all.
Base was just upped recently to 140k for AN1... source was from a family friend but I think someone else on WSO said this recently too. I'm assuming, after all of the stuff I've been reading here, is that they have a really hard time retaining talent from work culture issues.
I saw a thread discussing the pay bump few days ago but is it legit? A 40% increase in base is pretty high.
Even besides industry focuses, Qatalyst and FT Partners are two very different banks. FT Partners's deal flow is much more cap-raise oriented. Their FinTech M&A practice is good, but is definitely not industry-leading and their M&A deal flow skews towards MM-UMM. On the other hand, Qatalyst does almost exclusively sell-side M&A, with the occasional buy-side mandate or random strategic advisory assignment, and they are pretty dominant along with GS in the tech M&A space. Both firms don't do much pitching. For better or worse, Steven brings in almost all of the deal flow at FT Partners, and FT Partners is still very much synonymous with Steve. Qatalyst does a bit more pitching, but I've heard pitching is still very uncommon there.
Have you heard anything about the pay differences between the two firms? A 20-30k pay difference isn’t really worth going to FT partners over Q imo…
Total comp is FTP is lower than Q on all levels, despite base. Not sure why this even needs to be said
Qatalyst. Better reputation, better exit ops. Better culture. The extra pay now at FTP is not worth it. If you get a better exit from Qatalyst, it will result in higher pay long term
This. Even the pay on the junior level at Qatalyst is likely higher if you look at it on a total comp basis.
Not even a question, Qatalyst wins in basically every way imaginable. Only if you want to be a fintech purest should you even look at FT over Q, and even then I would rather take Q personally because the overall street rep/exit potential is just that much better if you look at previous analyst cohorts.
Anyone getting the vibe that this post and some of these comments are being posted by FTP HR?
No one in their right mind would ever even consider FTP over Q
I was actually thinking the same thing.. or some insecure incoming SA
FACTS
This is not even a debate - Qatalyst. You’re delusional if you think otherwise
What’s the associate pay at FTP? Have a super day coming up for its associate position.
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