Rothschild M&A in NYC top MM firm?

I've done a search, yes, but there's not too much info around here about Rothschild in NYC. I know that their RX is top-notch. But what about M&A?

Pay, culture, learning experience, exit opps? Strong/best verticals to cover? Could one work at Rothschild 2-3 yrs as an analyst and go into PE? Or will one have to lateral? How do they compare to other top MMs (HL, WB, Stifel, WF, RBC, HW)? I know that they poached some Barclays bankers a couple months back and I may express an interest in that group (consumer retail).

Any thoughts? This is for FT. Thanks

 

Definitely not as strong as Rx, but still a strong M&A MM shop. Exit Ops to PE are okay, but not BB / EB status. asianracist is probably right that Baird / WB are better for exit ops. RBC, on parish. Better than Stifel / HL Corp Fin imho.

Experience seems to be good. Those guys work really hard. Really high caliber people from what I can tell.

“Success means having the courage, the determination, and the will to become the person you believe you were meant to be”
 

I've come across a few guys from Rothschild at upper MM PE firms, but I don't know how well it actually places.

I will say that the one person I know well from Rothschild was in the M&A team and hated it. Hated the hours, culture, etc. and moved to what I would call a comparable firm/culture (don't want to out him). From there, he is now in MM PE on the East Coast.

On the plus side, he did say that the training is solid and he thought his modeling skills were stronger than others.

 

peinvestor - what are some names of the PE firms you saw Rothschild guys place into? I've done a LinkedIn search and I've found VERY little... (NYC location only).

What are some specific things your friend hated about the M&A team at the firm? Across the board, it seemed like the firm loves to emphasize their culture and have people that make IB their careers. I know that analysts are assigned to M&A verticals - does that mean the analysts only interact / work alongside their vertical?

 
Best Response
DreamMonkey:

peinvestor - what are some names of the PE firms you saw Rothschild guys place into? I've done a LinkedIn search and I've found VERY little... (NYC location only).

What are some specific things your friend hated about the M&A team at the firm? Across the board, it seemed like the firm loves to emphasize their culture and have people that make IB their careers. I know that analysts are assigned to M&A verticals - does that mean the analysts only interact / work alongside their vertical?

Vista Equity, One Equity, HIG, another MM in CT.

I don't know about interaction, but it wasn't as collegial of an atmosphere for him as the next bank he lateraled to. He said they really grind on the analysts and he was burnt out very quickly. Seemed to do better at the other firm, though the reputation isn't much better.

 

Bump.

Thanks everyone who has responded. I was hoping for some more thoughts from the WSO community, if there are any. I have several other offers and am trying to make an informed decision soon. I don't want this to turn into a post with bank 1 vs. bank 2 in pay/exit opps/culture etc. so I will not be listing what other offers I have. But Rothschild is one of the more intriguing offers so hopefully some of you guys have more insights. Thanks!

Silver Bananas will be awarded!

 
DreamMonkey:

Bump.

Thanks everyone who has responded. I was hoping for some more thoughts from the WSO community, if there are any. I have several other offers and am trying to make an informed decision soon. I don't want this to turn into a post with bank 1 vs. bank 2 in pay/exit opps/culture etc. so I will not be listing what other offers I have. But Rothschild is one of the more intriguing offers so hopefully some of you guys have more insights. Thanks!

Silver Bananas will be awarded!

really depends on what your other offers are/what you want to do long-term.
 

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