If you were to chose between HW and RJ (both tech group) which would you chose and why? Have spoken with many people at RJ and heavily liked the culture and people, whereas haven't spoken to anyone really at HW. RJ seems to have been on a tear recently with a ton of tech deal flow. Comp, deal flow, culture, experience. any thoughts would be appreciated.
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For Tech & Services I would take Ray Jay. Strong deal flow, good exits.
Can't go wrong with either, but HW can be pretty sweaty. Both have fairly good cultures, and can exit to good MM PE.
Assuming Boston or Atlanta for RJ and Richmond or SF for HW.
Would take RJ Consumer NY (basically Financo) over HW as well.
I networked with a bunch of HW people, but they only took kids from certain schools for their internship, so I ultimately ended somewhere else.
I would say that based on my calls, they have very nice people. Everyone I spoke to was almost too nice. I'm not sure about how Raymond James is, but I would not be sad at all taking an HW offer.
Same exact situation here. Spoke previously with some senior & junior ppl at HW and they def can work longer hours but are some of the best ppl to work with. I ended up at an EB but I would have also been happy accepting an HW offer. Can’t go wrong either way though.
Have friends in both groups. Both groups are unbelievably sweaty. Each group consistently worked until 2/3am every night during the last year. If you can get those two groups, you can get something better. I would avoid unless you have strong ties to Richmond or Atlanta.
yuh
From an outside perspective, HW has a lot of respect for training and producing highly disciplined sell-side M&A folks given how most of their deals fall into the category of the broadly-marketed sell-side transaction with fairly similar processes. That being said I can't say too much about RJ given I didn't ever see them as competitors in banking or advisors to sellers in PE so won't comment on them.
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