Not to get too sappy, but as I ponder my next career move, I think about how much value I've gotten over the past 2-3 years from this forum. Between the exposure to daily banter between some very knowledgeable monkeys, somebody sending me an excel test prior to the final round of an interview, as well as simply general advice- I am grateful to this community.
Admittedly I've posted some questions/comments that lacked coherency (especially when I had little-to-nowork experience), but now I want to posit a simple question:
Describe to me the perfect financing broker. What do you wish certain producers who you've come across had done differently? I know a lot of the time, it is hard to justify the large fees. However, I know (because I see it firsthand) that there are truly brokers (particularly on the debt side) who have as good of an understanding of not only the capital markets, but of risk/reward and are able to think exactly like equity players.
We know that all the super successful D/E guys are going to have amazing networks, likely are very ambitious, have the "gift of gab", and will be reliable in terms of communicating. But in addition to these qualities, have you guys had experiences with particular brokers who you felt deserved an even bigger fee? Who truly added value with the "advisory" aspect?
I think that as capital structures become more complex, the best D/E guys have relished the opportunity to provide value that a debt broker couldn't have as little as 10 years ago.
Any and all comments welcome- thank you in advance.