Piper Sandler Base Salary Raise - Confirmed

Can’t comment on particular groups as a buddy of mine is in FIG there. Gonna try and condense my argument a bit. I’ve met senior folks on both the Piper Jaffary side and Sandler O’ Neil side before the merger. They both built great cultures but from a close friend thats an associate there at PS mentioned that they have this “chip on the shoulder” or “sharp elbowed” mentality that can get pretty exhausting like if one lost deal is the “VERY LAST DEAL”. I dunno my opinion is that they want to remain competitive is fine but its really about volume (perhaps many MM banks) but on steroids for them. Some folks like that but I can imagine the quality for analysts there. Correct me if I’m wrong or if any analysts on here could comment. The culture starts at the top more so with these guys some are hardworking and other senior bankers push juniors to have something to prove. You can learn a heck of a lot but for me I prefer Jefferies. They are both very institutionalized with supporting businesses that stand on stools. PS is still new though and again I don’t work there so we will see how that franchise goes. Again, just my opinion from personal anecdotes and outside looking in I wouldn’t be particularly cheery or hyped. All banking jobs start to all look the same lol

Had a buddy in HS with the last name Pfister..