Does anybody have any insight on culture + total comp for Lincoln International's Valuation and Opinions Group at Analyst & Associate levels?
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pinkmonkey21, hey, look at the bright side, at least you didn't get a ton of monkey shit thrown at you...here is my best guess on threads that might be helpful:
More suggestions...
If those topics were completely useless, don't blame me, blame my programmers...
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Analyst - 130 to 170 all in.
Associate - 200-250 all in.
Source - used to work there
Are you sure this comp is for VOG (Valuation & Opinions Group) ? Or were you referring to IB?
Yes, this is for VOG specifically. M&A about 10-40% higher based on bonus bucket
Higher than I thought. What are the bases?
Are they investment banking? They’re jobs are listed like a product group but it doesn’t sound like I. It sounds like a big 4 Val shop.
To your question on is it investment banking: It is a product group within Lincoln, whose primary business is investment banking (M&A), but, VOG is much closer to Big4 valuations than what you would think of as "investment banking."
From what I have heard, it is a great gig because it pays much better than typical Big4 valuations roles and they are growing like crazy so I imagine job security, ability to move up and exposure to senior-level people are all great. Compared to banking, you also work less hours on average, and more importantly, your hours are much more predictable.
The downsides are 1) you still get crushed at the end of each quarter (they are some of the only people grinding right at year end around Christmas) and 2) I imagine it can be very mind-numbing work performing the same valuations every single quarter...
Do you know where the source moved to?
I got an offer there and the pay scale was as such:
Analyst: $85k base 30-40% bonus
Associate: $120k base 50-60% bonus
Keep in mind this was pre-covid. I know they bumped analyst base to $90 but not sure what happened to associate pay.
was quoted 85k and 30% - 60% bonus by my recruiter when interviewing in june. think long and hard about if you will enjoy valuing the same junior debt every quarter for 2 years tho
are hours comparable to IB? Also, I never applied but saw a VOG posting for LI on handshake a few months ago, and noticed the salary was quoted at 30/hr, I believe. Is salary then hourly and not annually?
Overall the culture is pretty good, but beware of one female MD who has such a toxic workaholic mindset and is constantly talking shit about analysts - especially other females - behind their backs. She is the largely the reason I quit. On an hour front, during busy seasons (quarter ends) hours are easily 80+ a week so be prepared to work banking hours or worse. In between quarter ends (slow season) hours drop down to about 50 per week.
They have 2 female MDs and I never heard either of them gossip much about other employees.
This MD has been fired as of 2024 BTW
Yes it’s six figures but with absolutely Mind numbing work. I’d rather work as a ski lift operator than do valuations in the back office
Is it back office? Or are they selling valuations? Does that make them front office? Confused by this group. Is it investment. Banking or not. They have the job listed as
Investment Banking- VOG on their website.
It's a Valuations group within an investment bank. You are not going to be working on what people would typically describe as investment banking activities (e.g., M&A, equity raises, etc.). I think people on this website have created their own definition of back office vs. front office, but if your definition of back office is administrative and support work (e.g., accounting, compliance, etc.) then no, it is not back office. They work with clients, typically asset managers and private equity, to do quarterly valuations of their investments. They also do various transaction and fairness opinions. For example, a public company makes acquisition and hires them to do a fairness opinion to show the Board they paid a fair price.
I work in VOG. It’s a pretty awesome group. Lots of opportunity to get your hands on all kinds of investments and work with different sponsors. Learn a ton about private cap markets, especially private credit. Hours are tough during the quarter, I would say that’s the only downside. Comp is very good, slightly below banking but probably around twice what you’d get at a Big 4 Val shop.
Can I PM you?
Yes
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Can anyone speak as to what the interview processes was like? I have a call coming up and am wondering if the first round is anything technical or just an interest gauge.
How did it go? I have a call with them coming up. Tbh didn't realize it was VOG lol, not really interested in this
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