Trending Content - Investment Banking Forum
| +320 | UBS Tech MD hires Son (from no-name college) as an Intern | 54 | 6h |
| +89 | [Official] 2026 IB Analyst Bonus Megathread (with 2025 Consolidated Pay and Perks/Benefits) | 12 | 1d |
| +53 | Is DCM actually underrated ? | 20 | 3h |
| +46 | Are all Tech / TMT groups sweaty? | 31 | 12h |
| +46 | Evercore Intern Seizure | 6 | 12m |
| +41 | UBS Groups Ranked by Future Outlook | 20 | 5d |
| +41 | JPM M&A is Gone??? Purely Coverage Banking??? | 20 | 11h |
| +37 | Am I behind? 31 Year Old Analyst | 10 | 15h |
| +32 | UVA McIntire vs Cornell Dyson for IB | 19 | 3d |
| +32 | Losing my personality in Banking | 5 | 1d |
Career Resources
they dont offer SA positions, only FT
"TWP offer a good stepping stone to MBA or lateral move to BB groups."
All IBD boutiques offer this, so the answer is yes. Even Piper Jaffray has good MBA placement.
And please run a search on past threads.
eagles29: yes I know it's FT. I have already graduated.
TWP is a good bank to lateral if thats what you want, they are still well-regarded by senior people on the street, however the prestige of the firm has fallen somewhat from its grace in the early 2000's when it was doing $40bn deals. their tech group competes with BB's for a lot of deals, their healthcare group has had some big deals recently, like Dannipon's $2.6bn acquisition of Sepracor, but its not as well-known as the tech group.
if you want a pre-mba (not career track) gig at a vc or growth equity fund, they place well...some hf placements (not as much)...little to no megacap PE placement (few MM)...
your career track will look like 2 years there, 2 years at VC/GE shop or at a company bus dev role, then bschool
Hands down an elite bank that is very very solid. their tech group is really good and I know of a MS Financial Sponsors SA who turned down his offer to go to TWP. If you mention their name to some chicks in the club, they'll pretend they have no idea but you'll be able to feel the emanating heat as their body temperature skyrockets and mating pheremones come blasting out.
they're not as good as piper jaffray. I know someone that turned down KKR PE for piper jaffray.
wtf?
Some trolls just never stop
Thomas Weisel - Good MM? (Originally Posted: 03/12/2007)
Is TWeisel a good MM assuming that it is a MM? How does their compensation rank with other firms? How about overall quality of analysts/associates/VPs/MDs and other employees?
.
Thoughts on Thomas Weisel Partners... (Originally Posted: 03/04/2009)
What is the general consensus on the street about Thomas Weisel Partners. I know their tech franchise is stronger than their mid market competitors (Cowen, Jefferies, Piper, etc.) and even compares favorably to some of the BBs out there, but how do people generally view these guys?
What kind of exit opportunities are there from this place (especially from the Tech group)? Anyone know people who placed well in PE or VC out of this place?
They are definitely not what they used to be. They relieved a lot of their IBD http://dealbook.blogs.nytimes.com/2008/05/02/thomas-weisel-to-cut-20-of… and they are burning cash like there's no tomorrow.
They have negative gross margin :/ . They are not weathering the storm well. I saw them on a few pitches in the last 24 months - none of which they won. They also don't do a very good job of relationship/market management post-deal from what I have seen.
Tom Weisel goes on most of their big pitches, or at least he used to. Exit opps would be similar to other boutiques. Their rep has taken a severe hit over the last couple of years.
Of that group you posted, Piper is the best respected tech practice.
Agree with 2Stop in that the tech group was the driving force behind their reputation and it certainly isn't what it used to be. I'm not sure I've ever come across a PE associate that came from there, although that's probably a product of their smaller size. Disagree with 2stop, however, on the Piper call, as I believe Jefferies still operates under the Broadview platform and I think they're pretty elite. Also consider Oppenheimer's tech group (Oppenheimer is one of few comparable firms that is actively recruiting at all levels, esp the top), as they're broader IB franchise is more respected than the others you mentioned, except for maybe Jefferies.
Thomas Weisel Partners - Office size in SF/NY? (Originally Posted: 10/16/2006)
Any insights on this bank? How's the office size of SF/NY?
The firm employs roughly 25 analysts and 12 associates. The TWP website lists out all bankers at the VP/Principal/Partner level. I don't know what the split is between the SF and NY offices.
They're so poor and they are levered to the wrong markets and parts of banking.
I like how on their website, they show an analyst flipping books.
nice people and respectable hours. sf headquarters is the main office, but i think both the sf office and ny office has 1-2 floors dedicated to banking. NY office is generally busier than SF. but deal flow is weak and the training is not particularly rigorous. many of the class of '04 and '05 analysts have jumped ship already, or reportedly attempted to move into PE/HF with limited success (obviously tough to compete with BB analysts).
as sharp mentioned earlier, the firm is not only levered to the wrong markets but their strategy of generating more revenue growth from their institutional sales hasn't been as effective as expected (unfortunate because there were quite a few top sales guys with good relationships that had migrated from BB's). too bad, because while there is some talent at the firm, it seems that they just aren't able to leverage their core competencies towards optimizing their top-line. (you can look at their recent 10-q's if you're really curious)
from what i heard, the investment bank is tech focused. however, they are not the strongest tech group on the street - mostly co-manager (don't really do much on the IBD side and collect small fees) position in capital market deals and virtually non-existant in tech M&A
Anyone accept or decline an offer from these guys? How was the interview process?
I declined an offer from them (NY- Analyst). They pay about 25% below street.
I read their recent financial statements and it seems that they have been having trouble maintaining profitability. I would be worried working so hard as an analyst not knowing if i was going to get a decent bonus.
gay
Hank, was that this year or last?
I've talked to many bankers who lateralled out of TWP. The firm has an odd position in the markets - they claim to be a champion of growth (often tech companies), but they also have bulge bracket envy.
They seem stuck in an unusual position in between middle market growth focused firms and the bulge bracket.
Qui vero nemo natus qui voluptas et id. Consequatur perferendis autem dolores. Ex praesentium vel iusto nam suscipit. Aut et expedita tempore eveniet minus.
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...
Iusto aut ea nulla sint. Labore iusto aut aut omnis deleniti. Quia earum amet optio est quod quidem pariatur. Sed aut sed omnis quidem est est id. Beatae unde in fugiat. Aut quibusdam dolore assumenda commodi.
Error deleniti blanditiis iusto et id molestiae accusantium ut. Et possimus quibusdam ut mollitia consequuntur. Adipisci numquam eaque et voluptas quasi magni expedita. Laborum expedita sint velit quis. Aut quae expedita quisquam fugit ut autem error.
Eligendi enim et dolores dolorem ducimus voluptatem. Quod perferendis aut maxime quas est et quam. Porro omnis omnis est tempora.
Aut id tenetur nisi rem. Quis pariatur tenetur sequi illo eligendi et laborum sapiente. Rerum reiciendis et doloribus asperiores quae itaque et eum. Voluptatem ratione iusto provident quis eveniet. Ut libero voluptatum quos aut ut sint. Voluptatibus cum dolores perspiciatis consequatur.