Duff & Phelps IBD
Looks like there hasn't been any updated posts regarding Duff & Phelps, the company had very negative views in previous posts. Can anyone share some thoughts on this firm now? Seems like they've been ramping up their IBD with a string of acquisitions over the last couple of years. Anyone in the industry can share some insight on their deal flow now?
bump
Very strong lower-MM deal flow this year, actually. I can't comment on their Analyst program at all, but they appear to be busy, based on the volume of teasers and books I've seen. Especially the Chi office.
Haven't heard back about IBD interviews yet. I imagine it will be this week.
I got an email from them last week asking me to schedule a first round phone interview (they put a resume drop for my college). I of course said no thanks since I've already accepted an offer.
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anyone know how their interviews are like btw?
I had 1st round interview for Valuations last week. Compared to the other interviews I've had so far (mainly Big 4 val/FAS/CorpFin and some others) the Duff interviewer spent the most time on technicals. I was actually relieved since I spent a lot of time prepping for technicals and they finally came up.
I used the BIWS guide and the interviewer said at the end that I "nailed them" so if you have prepped with that or another guide I would assume you should be covered, as it was more than sufficient for me.
Can you share a couple of the technical questions?
Also interested here...interviewing for IBD this week with d&f.
The recent investment in acquisitions and headcount has been great at the senior management level, which has shown in the deal flow this year. Not sold on a lot of the junior staff that was carried over or recently hired. I personally love it at my office - for the most part the seniors are knowledgeable and the environment is great. However, at several other offices the work quality can be sub par. Workload fluctuates but on average 70 hours of real work is about right.
Most of the incoming Analysts will be "Generalists" where they will also be staffed on M&A engagements along w/ Fairness Opinions, a big component of D&P's IBD practice. This gives consistent work flow to the junior guys.
Interviews will be pretty technical and may have a case or two for those coming right out of school. I would know multiples and other finance basics, be able to work through IS, BS, and CF statements and clearly describe the relationship between the three, and be able to talk through the different valuation methods.
You're going to receive so many PMs...
I had on-ground interview last week but haven't heard back yet. DPibd, it seems like you work at D&P. Do you know if the decision for the first round has been made yet for NY office one?
I will appreciate your insights on this matter.
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As far as I've heard, nothing is final. Recruiting efforts are ongoing, if not slowly dying down
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bump
interviewed IBD. Haven't heard anything back yet.
whats the pay look like for an analyst in this platform?
probably 60-70K base but bonus? like 20-30?
Not sure about bonus, but base is $70K.
ok
I heard it was 70+50
This is top bucket? Damn basically same as street, give or take $5K depending if that's top bucket number or not.
Interviewed IBD. Have not heard back yet. To be fair, it happened in NYC last week and it is sad to see the aftermath of the storm on NYC and NJ. I am sure there are greater concerns at the moment for the firm and others...
Anyone hear back yet from D&P IBD post-NYC superday?
bump - anyone have updates?
Haven't heard back yet
received a rejection email last night from a superday a couple weeks ago
D&P IBD is usually really fast to give out offers. My year they extended offers the day right after superday to the candidates that they wanted. (Superday at NYC IBD and Boston Valuation).
Anyone know what ib bonus is like at D&P?
What about exit opps/prestige from ib?
base is street. bonus is quite below street, prestige and exit opps are not great. But not a bad firm if you want to stay in banking for the long term.
Duff and Phelps has an interesting history
they were always Duff but also Chanin Capital Partners (google this to be sure, im pretty sure- this created their restrucuturing practice)
they do MM deals, but lower echelon of the MM scale, so not like Jefferies (approaching BB level) or Blair or Harris Williams, but maybe similar to Imperial Capital
they also do a lot of fairness opinions, more than actual M&A, but its still a good place to be. you will definatley have solid modeling experience and can lateral if you want, the name/brand is well known
base should be 70K, but bonus is probably 10-15k lower than street-- but also keep in mind the hours are less
exit opps- this matters to a lot of shit, work you do, vertical etc. but you wont have top head hunters after you obviously (they arent moelis, gs, ms or lazard)
hope this helps!
Bump - can anyone give an update on 2013 D&P?
Duff & Phelps IBD info(Houston) (Originally Posted: 07/14/2015)
Anyone have any info on D&P IBD in Houston? The culture, salary, etc., specifically for analyst positions
I hear they mostly do energy deals, which makes sense in they're in Houston
bump
Duff and Phelps IBD (Originally Posted: 11/03/2017)
Can anyone give me some light on Duff's IBD reputation/exit opportunities? Have an offer for their IBD division in NYC but just want to hear from others about their rep/deal flow and how hands on the analyst role is
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