I know on WSO we refer to rainmakers a lot and I was wondering what were the benefits to actually working for one on the Analyst, Associate, and VP level? Do you get insane bonus because of deal flow or better exit ops or is there no benefits to the individual just the overall firm? Would one say if you knew the MD you would be working for was a rainmaker that would be an incentive to work at that bank?
Trending Content - Investment Banking Forum
| +365 | Evercore Intern Seizure | 54 | 12h |
| +70 | JPM M&A is Gone??? Purely Coverage Banking??? | 31 | 11h |
| +62 | Is DCM actually underrated ? | 24 | 22h |
| +51 | How do I understand vs. just memorizing? | 8 | 2h |
| +48 | Losing my personality in Banking | 9 | 22h |
| +47 | Are all Tech / TMT groups sweaty? | 38 | 23h |
| +42 | Associate & Above IB exits | 16 | 4d |
| +33 | Incoming IB Analyst: Best Ways to Prepare? | 11 | 2h |
| +27 | Which groups are ideal for laterals? | 12 | 22h |
| +24 | Thoughts on PEI Global Partners? | 4 | 1d |
Career Resources
Bump
Obviously, rainmakers bring in bigger and better deals, meaning you get more high quality reps and transactions to talk about. This would indirectly lead to better exits.
I work for one. You do get a better bonus than most teams. Also the team has more prestige as its usually on top or near top of league tables.
What really matters is nice the MD is. I'm fortunate that as an analyst, my "rainmaker" MD takes the time to make sure I am getting a well rounded experience. Since he is presented with a lot of opportunities, he lets me work directly with him to analyze some of the more obscure / nonvanilla opportunities, and introduces me to a lot of potential clients.
^ this. You can have a rainmaker MD and have an absolutely miserable time cause md doesnt give a rats ass about your well-being only churning deals.
Luckily, that got me to UMM exit but still been a rough almost 2 years (think moelis lol)
Minima debitis molestiae aliquid illo ea sequi recusandae. Quidem vel incidunt illo nihil ipsam possimus. Eum a ut sit. Enim voluptatum sit provident quis et velit accusantium.
Id rerum sunt unde libero. Vel tempora et similique.
Soluta itaque sed omnis deleniti accusantium porro. Officiis deleniti adipisci doloribus ut itaque quia sint alias. Amet et soluta ut. Ut quam impedit nemo corporis nisi similique rem. Eligendi voluptatibus facilis occaecati enim in non.
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...