Lateral from Piper Jaffray MN to better MMs or BBs in NYC/BOS/DC/CLT

Intern101's picture
Rank: Monkey | 46

If I accept an Analyst gig at Piper Jaffray MN in a group with low/questionable deal flow, will I be able to lateral to a better MM or BB? How long do I need to wait before switching? What will make me marketable to other banks?

I am from East Coast, graduating in 2019, and want to do banking long term in NYC/BOS/DC/CLT

Comments (10)

Nov 27, 2018

Bump

Nov 27, 2018

Not impossible but you'd be trying to make potentially two difficult jumps at once
1) Regional to NYC (and even below a Chicago/HOU/SF regional)
2) Lower-MM/MM to EB/BB (MM obviously easier)

HC group I think is pretty solid in MN at Piper, I think that group would potentially provide some opportunities

Most Helpful
Nov 27, 2018

Piper is a MM shop, HQ'd in Minny (main office helps IMO). It's training will be strong enough that it should give OP some interview chances.

I've seen a few Piper interns end up at NYC BBs or other large players (e.g. RBC, Moelis), but that may have been more group dependent.

    • 3
Nov 27, 2018

Thanks! This is really helpful. Honestly dont mind Piper either if its a good group and based on East Coast

Nov 27, 2018

Thanks. Not dead set on NYC and open to other cities on East Coast. Basically want to be close to family and at a firm where I am getting good experience.. fine with a better MM too

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Nov 27, 2018

Thanks. Not dead set on NYC and open to other cities on East Coast. Basically want to be close to family and at a firm where I am getting good experience.. fine with a better MM too

Nov 27, 2018

Should be fairly doable, 1st year that started this June in my old group (non-HC) just jumped to PWP. Another guy I know left near the end of his 2nd to go to JPM HC.

    • 1
Nov 27, 2018

PM'd you

Nov 28, 2018

@NuclearPenguins Mind if I send you a PM? Have some questions about the MN office and the group...

Jan 31, 2019
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