Stephens IBD Dallas
Anyone have any info/insight regarding Stephens IB division in Dallas?
Any info with regards to comp, culture, hours, exit ops, would be greatly appreciated.
Also wondering what % of deal flow is comprised of energy transactions across upstream, midstream, ofs.
I'll echo that Dallas really doesn't have any IBD presence (pretty much none from bulge brackets). As mentioned, HL has the largest presence and I believe their Dallas office focuses on Healthcare.
It sounds like you are interested in working in energy, if so you should definitely shoot to do a few years in Houston at a strong energy platform. I'm not into the energy scene but I know EnCap has a pretty big presence in Dallas from the PE side.
Are you married to energy (still assuming here)? I think in Dallas the PE scene is much more diversified (RE, Healthcare, O&G, Consumer, Family Offices) with funds mostly on the smaller side - so that's another consideration when you think about exiting.
I do believe that GS has a SSG in Dallas as well but I don't know too much about them.
Here is a link to a post with PE Firms in Dallas (I believe its pretty comprehensive): https://www.wallstreetoasis.com/forums/dallas-pe-funds?page=1
Run away from O&G and then when you look back and think it's safe, keep running.