Honest thoughts on Guggenheim
First of all I just want to start off by saying that this post is NOT anin any way, but rather is just an attempt for me to learn more about the firm. That being said...
Currently an AN2 at a topIndustrials group after spending my first year in their M&A group. Throughout my time on Wall Street I've honestly never seen us go against Guggenheim on a pitch. I've seen us pitch against plenty of other BBs, most EBs, , the in-between banks like and , and most MMs that play in the UMM space, but have yet to see Guggenheim even once. Looking at Guggenheim's transaction list on their website, they don't seem to close that many advisory deals either, and while they have the occasional mid-cap or mega-cap deal the vast majority of their deals are solidly in the MM space.
That being said, I see that Guggenheim is super hyped up across WSO, with many people saying that it should be considered in the same tier as mid-tier BBs and EBs. I'm not trying to deny Guggenheim's status, but I'm just confused where this sentiment across WSO comes from. Their deal flow doesn't really impress me, and from what I've their culture doesn't seem amazing either. Can anyone (preferably in the Industry and not just a prospect) shine some light on what I'm missing?