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What has made you consider debt brokerage over the numerous other roles in CRE?

What has your experience been thus far in the industry?

Overall, it’s a great business that combines both analytical skills and sales skills to serve your clients. Like any type of brokerage, there are good times and bad times, so you need to be able to stomach the drops in the markets to be able to make it a career. Like, have 12-24 months of living expenses stashed away with your first few big commission checks, instead of going out and buying that Tesla you’ve been eyeing. You know, basic stuff. 
The best debt brokers are less sales people and more true advisors to their clients, and like any good advisor, is extremely up front and honest about what they can do for their clients. 
Last key to success is to get on a high performing team that you can learn from. Going out on your own at the beginning is a recipe for failure. Team, and mainly the team lead who you will be learning from, are most crucial to early success. 

 

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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 (19) $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
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16 IB Interviews Notes

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