Comments (10)

Feb 15, 2013

I was an analyst there a couple years ago. It's basically a MM group masquerading as a BB. Non-stop pitching and very little deal flow. Hours on the coverage side are very bad, better in M&A. BAML PA gets no respect by anyone - clients, other banks, headhunters. Exit opps are non-existent. One out of maybe 10 analysts gets a MM PE job, the rest either do corp dev or random gigs like startups or no-name fund of funds. And being in Palo Alto sucks. Looking back I would take any of the BBs over BAML except maybe UBS and would even rather take a decent MM bank like Jefferies.

Feb 15, 2013

Sounds like it was a memorable part of your life

Life passes most people by while they're making grand plans for it.

Feb 16, 2013
rayray2001:

I was an analyst there a couple years ago. It's basically a MM group masquerading as a BB. Non-stop pitching and very little deal flow. Hours on the coverage side are very bad, better in M&A. BAML PA gets no respect by anyone - clients, other banks, headhunters. Exit opps are non-existent. One out of maybe 10 analysts gets a MM PE job, the rest either do corp dev or random gigs like startups or no-name fund of funds. And being in Palo Alto sucks. Looking back I would take any of the BBs over BAML except maybe UBS and would even rather take a decent MM bank like Jefferies.

Haha harsh

Feb 16, 2013

Has anyone received an offer from this group?

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Feb 16, 2013

Good group - I think analysts place into mm / growth equity funds if they want. They pitch a lot but deal flow is strong and they are busy. Software is their strongest group. They just hired the former global head of semiconductors from JEF to run their semis practice. Co-head of TMT is based out of that office and he has been in the valley for 20+ years and has some great relationships. They were advisors to Avago in its recent $37bn BRCM acquisition. It's not GS/MS/Qatalyst but a good spot, nonetheless.

Feb 16, 2013

Curious to hear others input though

Feb 16, 2013

bump

Feb 16, 2013

what would you like to know? feel free to PM me.

Feb 16, 2013
Comment

- "the reason most people fail instead of succeed is because they trade what they want most for what they want at the moment"