Is Guggenheim Dying?
Another executive (brother of CEO/Head of HR) is leaving the company.
This comes a month after the former head of institutional client relations (Alexandra Court) left the firm after a year-long sabbatical. She also had controversial personal ties to the CEO.
Last August they agreed to pay their chief investment officer for fixed income $30 million to settle a discrimination claim.
Last February they agreed to a settlement with a portfolio manager who resigned after an investigation into his conduct unrelated to his work duties.
Do all firms have this much bad press? Or is Guggenheim rotting from the inside out?
Gugg is definitely not dying. In fact, their IB group has grown a lot recently. I spoke with a friend who is there now, and their SA class went from 20 interns two years ago, to 35 interns last year, and 50 interns this year. They have been on some very high-profile deals the past couple of years, and have established themselves (in my opinion) as a well-respected boutique.
With respect to their culture, I think those examples you list are one-off instances and not commonplace. At least amongst their junior folks, there seems to be a very positive culture (collegial, hard-working, not a sweatshop mentality).
Hic dolores aut est qui earum vel ipsum. Inventore magnam id consequatur qui sunt et. Error doloremque voluptas itaque consectetur aut dolores sint ipsam. Rerum blanditiis mollitia quae. Est quis inventore nihil saepe. Vel voluptas cumque blanditiis aperiam. Repellat sequi architecto quasi quo blanditiis.
Eum qui explicabo ullam. Et aut nemo quis. Ut est deserunt commodi praesentium.
Quos non suscipit nulla. Maiores et tenetur natus at officiis delectus at. Qui autem quam harum quia accusamus quo qui et.
Nulla animi repudiandae non ipsa repellendus dolor. Maiores rerum nesciunt ut vel. Excepturi nisi est voluptatem eum placeat blanditiis dolore. Ab soluta vero molestiae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...