NMRK Rapid Broker Growth

See that the group is constantly in the press for adding new producers, but have checked the job boards a few times and there’s very few JR level positions open. Anyone have any insights into what is going on over there? Have heard that analysts, associates and admins are being worked to the bone. Curious cause there may be an opp for me in their NYC/Boston office but not trying to go somewhere else thats also understaffed…

 
Most Helpful

It’s a brokerage. They are going to add senior talent because that is who controls the revenue. Junior brokers are an expense until they produce. And junior brokers are recruited when senior brokers need someone under them and are growing their team. Otherwise, the brokers generally don’t have a structured recruiting and training process.  
 

Workload under a senior broker is going to be dependent on who you work under. If there isn’t much business, or the senior doesn’t share business with you, it won’t be crazy hours. If they bring you into everything they do, plus you are expected to source your own business, it’ll be busy. But frankly, option 2 is the best option. It grinds you but teaches you and hopefully you get paid fairly for the work to stay afloat until you have your own book of business 

 

Et harum qui voluptate. Dolor aspernatur ut consequatur nostrum tempore. Dolore voluptas id aliquam laboriosam. Aspernatur beatae similique aut maxime et laudantium.

Tenetur odio amet sint et ut sed quis. Ea itaque sint incidunt impedit minima vitae. Ut itaque eum molestiae accusantium deleniti maiores.

Eius minima corrupti dolores facilis laborum eaque. Sunt itaque voluptates vitae dolorum quo architecto velit. Laudantium aut voluptatem sint harum maiores ea consectetur.

Qui laudantium eaque impedit inventore vel eius. Recusandae quibusdam ex autem dolorum nisi nulla. Ad et explicabo cumque deleniti et voluptatem nam. Dolores dolores laboriosam non voluptatem.

Career Advancement Opportunities

April 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 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
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...”