Wells Fargo vs. top MM for IBD (RWB, Jefferies, Stifel, Harris)?
Also, how bad does it look if I were to move to a different location during my 2-year stint? For example doing one year at city A and switching cities between same company? is it possible? Has it been done? How does it look?
How about switching to totally different companies in IBD after one year and lateraling to another one for one year?
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What would you do at either? same role?
both same industry groups (advisory).
jefferies/HW/William Blair over any of those other banks hands down. you should be able to get into great mm pe shops after two years if youre not an idiot. cant say the same for wells, stifel, etc.
MM. Wells does a bunch of little deals anyways and it's honestly not that great in M&A
Pretty common to lateral shops after one year. Cities I'm sure you could pull off if they had an opening. If you do a year at Baird or Jefferies you probably have a chance to get 2nd year analyst at a BB with a little luck and some good networking.
All the analysts who have gone to Wells that I know (only 3), left within the first 12 months to move to NYC to a comparable or better bank. Wells places people in Charlotte and SF I think.
If its actually in the same caliber as Jefferies and not lower, then MM for sure
how does it look if you did 1 year at a MM or a lower tier BB for 1 year and lateral to a top MM/boutique/BB for 1 year year.....regarding exit opps corp/dev/PE/VC?
you usually want to do two years at any given shop. If you do lateral after year 1 , it is assumed that you will stay for 2 years. If you do leave earlier, your MD probably will not help you out.
As long as you are targeting primarily smaller shops (MM or lower MM PE, etc) , being at Jef or HW is fine. If you are looking at larger groups (upper MM PE or megas), then you better hope you are in a very good group if you are in a MM (for instance, lev fin in Jef)
In my opinion, would take offers in the following order:
Jefferies/Houlihan
William Blair
Baird/Harris Williams/Stifel (legacy Weisel tech group)
RBS
Wells
Stifel (non-Weisel)
whats this based on? seems highly misinformed. im in MM PE and see slightly more former Blair and HW analysts than houlihan. not saying houlihan isnt a good bank, but the number of analysts that go to PE are comparable. also, put stifel (legacy Weisel) way down the list.
Agree with ledger. HL corp fin analyst place decently in LA shops, but not so much elsewhere (unless you are in FRG).
I see a lot Jef and HW guys everywhere.
Stifel tech (sf group) is actually pretty strong though. They place pretty well in growth equity / some MM shops (i remember meeting a couple guys from stifle in HIG? not sure if they are still there)
Is this list for real? Or are banks THAT different in NY compared to Chicago?
This kid is a rising junior...
Pretty common to lateral shops after one year. Cities I'm sure you could pull off if they had an opening
What's so hot about Weisel's legacy tech group? I don't see much placement form TWP at PE shops, based on what I've seen.
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