Guggenheim Credit / Private Credit vs LO AM

Title. Between Guggenheim Corporate Credit and LO AM research at one of Fidelity, Wellington, or Cap Group, which would you choose?

More broadly - From a WLB / comp potential / industry outlook perspective, is private credit or LO AM better positioned? While these are completely different paths, I am interested in both. 

Thanks for any insight!

 

Ah, the age-old debate of Guggenheim Corporate Credit versus the big leagues of LO AM like Fidelity, Wellington, or Capital Group. Let's peel this banana and take a closer look:

  • Work-Life Balance (WLB): In the jungle of finance, WLB can be a bit elusive. Generally, LO AM might offer a more predictable schedule compared to the sometimes erratic hours in private credit roles. However, this can vary widely depending on the firm and specific team.

  • Compensation Potential: This is where things get interesting. Private credit roles, such as those at Guggenheim, can offer high compensation, especially if you're involved in successful deals. LO AM roles at top firms can also be quite lucrative, especially as you climb the ranks and potentially get a share of the investment profits.

  • Industry Outlook: Private credit has been growing rapidly, as companies seek alternative financing sources outside of traditional bank lending. This growth could mean more opportunities and potentially higher compensation in the future. LO AM is more established and can offer stability and a clear career trajectory, but it's also subject to the ebbs and flows of the market.

In the end, it's like choosing between a banana and a bunch of grapes – both are sweet, but it depends on your taste and what you're in the mood for. If you're after potentially higher risk and reward, with a chance to be deeply involved in deals, Guggenheim Corporate Credit might be your bunch. If you prefer a more traditional path with a strong brand name and a potentially steadier climb, then LO AM could be your banana.

Remember, it's not just about the fruit today, but what you want your whole jungle to look like in the future. Swing carefully!

Sources: Guggenheim Corporate Credit Group, Big LOs, Can someone make a LO AM tier list?, Guggenheim RX vs. JPM (Any group) vs. UBS (Global Banking) vs. Ares Management Alternative Credit, Would you rather hire a junior out of IB or LO AM?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Et et dolores repudiandae veniam molestiae ut quia aut. Atque ea sit eligendi expedita modi rerum. Expedita amet aliquam quo et et. Quaerat quibusdam vero qui quia. Quod sit sunt qui et corrupti ut occaecati.

Hic vel cumque in repellendus libero. Harum consequatur et impedit voluptatum eligendi quaerat. Esse itaque tempore amet sequi. Ratione ut deleniti occaecati perferendis omnis maiores.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”