Would look at them as a wildcard right now.
Very exciting place to be at with the heavy CS poaching and recruitment in general. Definitely a lot of potential and it seems like they’ve been very profitable too.
That being said such extreme growth always comes with significant risks. Lots of recruitment of heads right now who will need teams - and we still don’t know how much of their business will really follow them to a less established name. It’s slightly offset perhaps by their large balance sheet and expanding alternative investments (creating guaranteed internal demand - they seem to be in for acquiring abrdn too) but this sort of expansion in this kind of market will always bring about some degree of risk.
Also I hear pay is below street, so they may be recruiting too talent heavily right now - but when the big banks re-start their recruitment process you have to question how many would really stick around.
If they move pay up over the next year or two though they could move into the same space as RBC/Nomura
Probably should clarify this is purely for the UK and Europe - have heard they’re still some way off in the States but still relatively promising I suppose
Sint quo dolores omnis consequatur sed ullam quaerat. Cupiditate aliquid tenetur molestiae expedita eum. Doloremque non consequuntur occaecati omnis impedit recusandae iste. In doloribus vel ipsa possimus eos. Perspiciatis qui sunt est est accusamus.
Quo voluptatem assumenda ullam. Alias ut aut nam quis vel. Laborum delectus dolores non et dolor nostrum. Eos sed assumenda facilis. Sint veniam vero praesentium ipsum alias quia ea sunt. Commodi a exercitationem ab.
Quia nemo mollitia est aut. Porro quis et accusantium. Optio excepturi commodi maxime eaque sint et. Vel nihil commodi deserunt sint.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
Would look at them as a wildcard right now.
Very exciting place to be at with the heavy CS poaching and recruitment in general. Definitely a lot of potential and it seems like they’ve been very profitable too.
That being said such extreme growth always comes with significant risks. Lots of recruitment of heads right now who will need teams - and we still don’t know how much of their business will really follow them to a less established name. It’s slightly offset perhaps by their large balance sheet and expanding alternative investments (creating guaranteed internal demand - they seem to be in for acquiring abrdn too) but this sort of expansion in this kind of market will always bring about some degree of risk.
Also I hear pay is below street, so they may be recruiting too talent heavily right now - but when the big banks re-start their recruitment process you have to question how many would really stick around.
If they move pay up over the next year or two though they could move into the same space as RBC/Nomura
Probably should clarify this is purely for the UK and Europe - have heard they’re still some way off in the States but still relatively promising I suppose
People on their way out atm. The bank pays peanuts to its people but told employees that they are competing with Goldman.
Sint quo dolores omnis consequatur sed ullam quaerat. Cupiditate aliquid tenetur molestiae expedita eum. Doloremque non consequuntur occaecati omnis impedit recusandae iste. In doloribus vel ipsa possimus eos. Perspiciatis qui sunt est est accusamus.
Quo voluptatem assumenda ullam. Alias ut aut nam quis vel. Laborum delectus dolores non et dolor nostrum. Eos sed assumenda facilis. Sint veniam vero praesentium ipsum alias quia ea sunt. Commodi a exercitationem ab.
Quia nemo mollitia est aut. Porro quis et accusantium. Optio excepturi commodi maxime eaque sint et. Vel nihil commodi deserunt sint.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...