MTS Health Partners 2022 - Information and Reputation
What is the reputation of MTS? What are exit opportunities? Does anyone have information on recruiting?
What is the reputation of MTS? What are exit opportunities? Does anyone have information on recruiting?
| +156 | Think Twice before Recruiting for HOUSTON IB!! | 65 | 2d |
| +146 | Investment Banks Ranked By Your Divorced Blue Collared Uncle | 15 | 4h |
| +128 | UBS Exits 2026 | 35 | 3m |
| +50 | How cooked am I as an incoming WF IB SA 2027? | 17 | 5d |
| +42 | Congrats on the ROs. I Still Don’t Know Which One You Were | 2 | 20h |
| +40 | Mid-Level UBS Departure for another BB (Grass Isn’t Greener…) | 31 | 3d |
| +36 | IB RO Discussion | 6 | 2d |
| +36 | Did not get a return offer due to headcount, but happy to move on. | 8 | 4h |
| +32 | GS - Low Bonus | 23 | 10h |
| +28 | Early VP promo timeline | 15 | 1d |
Career Resources
I have a buddy who just lateral there - hours are tough, pay is street
Bump
It’s a good shop but also a sweat shop
^Can confirm. Believe 6/10 original AN2 class have left as of yesterday, which is making it even sweatier. People are leaving literally faster than they can hire.
Any additional insights? Culture is toxic? Excessive pitching? Poor senior banker management?
Culture is strong at the junior level (AN -> VP) - especially ASOs - and seniors are mostly good but definitely more of a mixed bag. Pitching is one element - MTS has a unique way of pitching that involves endless profile books that are a huge time-suck outside of deal-related work. Otherwise dealflow is just very strong right now, which obviously leads to more hours.Other part is that it's just too easy to move upstream right now. Any of our analysts could easily move to BB / EB, so a lot of people don't see a reason not to. This creates a vicious cycle where AN2s leave, making it sweatier for everyone who's remaining, thus pushing more people out.
.
Deleted
+1 to this. AN1 here who will 100% leave if WFH policy becomes any less flexible.
Deleted
Does anyone have insight on what targets they recruit from?
Dartmouth, Wharton, Columbia, Notre Dame
How about weekend work?
Would be interested in this ^
The associate 3 I know does no weekend work but perhaps that’s cuz he’s senior?
Deleted
That's pretty insane. What do you think all-in comp would be around for a first year analyst?
A VP and an associate 3 I know are forever chilling. (Been there since analyst years).
so either it’s not a sweatshop or theee 2 guys are really efficient and fast in their work
Difficult to judge on the basis of two folks. Could be anything...
I've heard it is quite sweaty and folks literally work every Sunday
Deleted
Interviewed with and had an offer from these guys. Sense was they were working primarily on life sciences txns (2/3) and some services (maybe ~1/3 of deal flow) primarily with offer value under ~200M. Know that some of the senior guys have strong backgrounds (though doesn't sound like founder Curtis Lane is actively involved in finding deals at the moment) - pretty sure Andy Weisenfeld is the primary fee generator at the firm these days.
As it relates to exits, know of a few guys who exited to stronger banking platforms before their two years were out - sometimes to non-healthcare groups as well. As for buyside, seemed there was a nice pipeline to healthcare-focused growth and venture shops (Northpond / Aisling / etc.). Most people exit but some homegrown bankers at the firm (one director who joined as an analyst out of undergrad.)
At the undergrad level, key schools are Wharton and Dartmouth (primarily b/c MTS runs a winter program that schedules well for Dart students). Many of the Wharton students come from the healthcare management program. Quite a few Columbia guys.
Pay is strong at least at An and Asso, obviously can't say beyond that.
That director just left, lol.Also just lost an AN1 to GS and AN2 to Orbimed.
Ha, didn’t realize
Funnily he was the main guy encouraging me to come on
Have heard Orbimed is a strong shop
Any more information? Interested in lateraling to them.
Unanon your comment and I'll send you a PM.
b
It's a no name bank outside Healthcare and even inside Healthcare is lower tier garbage
^^This - I would rather shit in my hands and clap than to work for MTS. MTS actually stands for "Make Them Suffer" with "them" being the analysts
Can you elaborate on the suffering part? Are hours / weekend work worse than other banks?
Removed
An 1 here - leaving the second bonus hits. Hours are far more than other banks
What do hours generally look like?
Is it specifically bad for their Life Science coverage or their Health Technology coverage? Or both?
Hi - can I DM?
Bump
Bump
.
hmmmmmmmmmmm
Honestly what is a MTS
.
.
An1 left today because it is a sweat shop. Sent a stupid email to the partners on his way out
An1 left today because it is a sweat shop. Sent a stupid email to the partners on his way out
An1 left today because it is a sweat shop. Sent a stupid email to the partners on his way out
🧐
Del
Del
Del
Del
Maiores blanditiis dolores facere ipsa ea. Et consequatur sint ad excepturi quia delectus.
Vel itaque ullam nostrum possimus porro incidunt officia. Voluptas labore modi dolor tempora amet qui. Id dicta eos sit itaque et quam hic. Reprehenderit in sed velit omnis quod.
Aut explicabo vel dolor rem omnis. Modi fuga nemo rerum qui molestias qui similique eligendi. Accusantium quia cumque cupiditate labore voluptas accusamus nemo.
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...
Sit non corrupti molestiae animi aut ea omnis. Magni quos velit dolor qui ut optio quo. Numquam ut ipsum et voluptatem deleniti.
Qui inventore aut distinctio ipsa perspiciatis pariatur nobis quas. Sint nulla voluptates architecto doloremque.
Et dolor qui aut ut saepe magnam. Maxime quibusdam mollitia possimus sint. Animi maxime quos et quia aspernatur. Delectus facere explicabo assumenda libero quaerat animi eaque. Consequuntur fuga aut sunt nulla quae possimus.
Qui amet doloribus illum cupiditate eum voluptas. Incidunt et quae et cum a esse. Incidunt ut enim aut libero. Similique numquam consequatur necessitatibus cumque. Odit eligendi voluptatem et at nam. Rem fugit ut illum et harum.
Exercitationem similique natus ut corporis fugiat sed sequi. Vel incidunt ad culpa maxime consequatur. Cumque natus non laboriosam doloribus voluptatem ea fuga aut. Culpa et beatae omnis. Pariatur numquam voluptate dolor. Enim magnam hic fugit natus. Voluptas fugit debitis doloremque quae.
Deserunt fugit et praesentium necessitatibus sint magni. Laudantium id possimus consequuntur. At delectus ad quaerat consectetur. Omnis ipsum officia voluptas ad ut expedita. Voluptatem aspernatur dolorem officiis quae id delectus.
Totam impedit nostrum omnis minima molestiae sint. Ad alias illo aut omnis illum nemo. Cum quia voluptatem neque odio consequuntur. Aspernatur explicabo voluptate magnam sed dolorem ipsa enim.