WF Tech/HC/Lev Fin Group
I wanted to see if anyone had or knows of someone who has worked in these groups. Would like to get an idea on the deal flow/culture/wlb.
Trending Content - Investment Banking Forum
Career Resources
Based on the most helpful WSO content, here's what you need to know:
While there isn't specific information in the knowledge base about Wells Fargo's Tech, Healthcare, or Lev Fin groups, general insights from WSO threads suggest that deal flow, culture, and work-life balance (WLB) can vary significantly across groups and offices. For example:
Deal Flow: Groups with strong deal flow often have higher workloads, which can lead to more intense hours but also better learning opportunities and exit options. For instance, groups like RX or those focused on high-demand sectors (e.g., tech or healthcare) tend to have solid deal flow.
Culture: Culture is highly dependent on the team and leadership. Some groups are described as "sweaty" (intense and demanding), while others have a more collaborative and supportive environment. For example, PJT and HL are noted for having good cultures in certain offices, while others like Lazard can be more old-school and intense.
Work-Life Balance: WLB often correlates with deal flow. Groups with less deal activity may offer better WLB but might not provide as much deal experience or strong exits. Conversely, high-performing groups with strong deal flow often require longer hours.
If you're specifically interested in Wells Fargo's Tech, Healthcare, or Lev Fin groups, it might be helpful to connect with current or former employees through networking platforms or forums to get firsthand insights.
Sources: PWP NY Groups, WSO 2022 Investment Banking Work-Conditions Survey (Part 1/3), Banks with best cultures, JP Morgan Exit Opps to Private Equity?, PWP LA, Lazard LA, and Houlihan LA (RX)
Bump any idea on ECM group?
interned with the bank last summer and coming back FT.
Tech and HC both seem pretty mid, ngl. Tech is definitely the better of the two tho. I heard a story about an analyst going a full year on the desk with HC and not completing a single deal.
ECM is terrible - would avoid.
LevFin is well respected - prob one of the top 3 strongest groups in the bank. Though they may be temporarily screwed given the current economic climate.
you sound absolutely uninformed.
HC & TMT are both great groups, keep in mind I don’t work in either of those groups. HC has been cranking out deals left and right, TMT just announced a $24bn+ deal literally yesterday. Idk what group you’re in but I hope not mine.
Lol fair enough. Hope you're right tbh.
Worldpay acquisition does seem like a very big deal for TMT, so very hype
Obviously, I have spent only 10 weeks with the bank, so am probably wrong on multiple dimensions
What is wrong with ECM?
WF is very sponsor-driven, so LevFin has always been a really nice group, top 5 LTM per Dealogic. WF Tech recently picked up as well and recently has acted as the sole advisor on the sale of WorldPay and the deal is valued at $24bn. HC is still in the fast growth phase at WF, recently hired Kevin Healey from PJT and Keith Lockwood from Jefferies. I would say depending on what you like. If you prefer classics over financing, I would opt for Tech/HC depending on interest, both teams will see M&A deals thats more than 1-2bn. If you like financing, levfin is a great choice and its definitely a top group. At last, location matters, I would prefer NYC/SF over Charlotte.
Error et qui neque et suscipit exercitationem tempora. Rem placeat veritatis aut velit. Autem dolore dolorem accusantium voluptatem.
Ut nihil quas vel error et inventore sequi. Ea optio et corporis magni. Dolorem nesciunt facere et et eum.
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...