Jan 07, 2020Jan 07, 2020
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March 2021 Investment Banking
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Director/MD (9) $911
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Vice President (31) $349
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Associates (163) $232
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2nd Year Analyst (98) $151
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Intern/Summer Associate (92) $144
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3rd+ Year Analyst (23) $145
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1st Year Analyst (370) $131
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Intern/Summer Analyst (306) $82
Comments (14)
joe_shmo, sorry about the lack of response. Maybe one of these topics will help:
You're welcome.
Can't speak to reputation, but I know a bit about the firm's NY office if helpful.
That'd be very helpful, what have you heard?
NY is exclusively TMT, doing mostly cap raises. Clients are commonly younger companies with pretty unique and interesting products / services. Team is one analyst, one VP, and maybe one more senior guy. The two I've spoken with are super chill and intelligent -- seems like a great culture. Boston is the U.S. HQ and does TMT, A&D, and consumer, with more of an M&A focus. I think there's also a small SF office (guessing it's tech).
Bump
Heard they got rid of the Chicago team when the pandemic hit...might be wrong tho.
Avoid at all costs. They undepay (65K throughout your analyst years, no raise) and will always lowball you come bonus time, bonuses of under 40% are not uncommon. Deal flow is shit as well, lots of pitches they have no chance of winning and at one point in time they went almost a year without closing a single deal while their competitors were killing jt. If you absolutely have no other offers I would go and lateral to another place after you pass your series. I xan't stress enough how bad the culture is and how they are not willing to invest in their employees at all. The US office was acquired by ALANTRA a few years back and the culture has remained virtually unchanged, it's that of a crappy boutique, which is what they were before they were acquired
The above only applies to the US offices, no real insight into the EU offices although I know that they underpay as well.
Can confirm the above about the Boston office - have definitely heard a lot of interesting stories
Although I will say if you're recruiting for Alantra tech they operate completely separate of the industrials / generalist group, as seen in their pay analyst pay difference (I've heard at least 75k base and 50-100% target bonus). Great group to work for and I think they work with some pretty cool companies too
Can confirm for Boston as well. My school sends a couple interns there and pay is $600/week...
Not sure about the accuracy of this post - they are pretty high on European league tables this year and many of these deals are cross-border with significant US team involvement.
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