What is the most nepo bank? (Asking for a friend)
Just wondering what the most nepo major bank is for Summer internships. There has to be one that stands out above all.
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Raine Group. Gotta give them credit though, they have a really smart tactic.
What tactic? Really interested in media (hence Raine) but not nepo/at one of their targets, want to not get my hopes up
Raine and Allen tactic is simple, do business with us and your kid will be comped just fine and ready to run the family office in a few years.
Can confirm
One of the Fertitta kids worked there before going to the family office. Also went to NYU lol. Nepo at its finest.
L? He’s solid thou - not one of those perceived nepo kids
What's up Lorenzo!
Does Raine hire any non-nepo/connections?
Allen
100%
Piper Sandlers pretty bad. Consistent stream of clients / MD’s relatives getting the best jobs in the office, no matter how dumb they are.
Had someone who didn’t know how to calculate gross profit for their end of summer final project …
Baird is pretty bad
Goldman, if you a child of a Senior MD / Partner level. Have a family friend like this and both his kids 'somehow' ended up at Goldman too.
TD
How so?
There are multiple threads on this
Having a criminal record for manslaughter clearly won’t stop you from working at TD.
Can attest to this. Runs wild in some teams. Not an issue long run though since they can just bring in a smart dude at D / VP level to subsidize these kids.
For the large part it is female A&A being subsidized as DEI >>> performance, meaning group heads continue to collect 7 figs
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