Top groups Wells Fargo

Subscribe

Currently going through the placement process at Wells Fargo and curious what the top groups are. I found some old posts, but nothing recently. Which groups would you recommend?

What are your thoughts on their sponsors group? I have read that it was good in the past but I imagine the conservative nature of the bank must get them.

Also curious on the strength of the REGAL group.
I appreciate the help!

Comments (15)

 
  • Associate 1 in IB - Ind
Jan 17, 2020 - 3:29pm

Heard great things about the FAP group.

Array
 
Most Helpful
  • Incoming Analyst in IB - Ind
Apr 2, 2020 - 2:49pm

In no order: Lev Fin, Real Estate, Sponsors, Energy & Power, Industrials

Array
 
  • Associate 1 in IB-M&A
Apr 2, 2020 - 3:09pm

I'd say it depends on your goals, but top groups are probably M&A, LevFin, Energy & Power and maybe Industrials. For REGL, it remains to be seen how successful the group will be since WF sold Eastdil.

Array
 
  • Analyst 1 in IB - Ind
Apr 2, 2020 - 4:48pm

LevFin, E&P, Industrials all very strong

Array
 
  • Analyst 1 in IB - Gen
Apr 2, 2020 - 4:50pm

Probably M&A, E&P, Lev Fin, and Industrials (in no order)

Array
 
  • Prospect in IB-M&A
Apr 2, 2020 - 5:11pm

Energy and Power, LevFin, Industrials, then Sponsors. In that order (best to worst). E&P was highest in M&A revenue last year, followed by Industrials then HC. LevFin topped total fees generated.

Array
 
  • Analyst 2 in IB - Ind
Apr 2, 2020 - 5:11pm

The conservative nature of WF's credit culture is a double edged sword. When you look through the history of the Bank you can tell why its a philosophy they want to continue to stick with, but at the same time it can absolutely get frustrating when you fracture relationships and lose out on deals and ancillary business due to credit being too conservative. I think the Bank knows it needs to loosen up a bit to be more competitive on the IB front, and I think its moving in the right direction, but still has a ways to go.

The REGAL Group is strong, and IMO one of the better groups to work for. While I can't speak for the group before the sale of Eastdil, there is still a strong partnership there and that culture hasn't left which makes it unique to other groups in the Bank. Of all the lending groups within the Bank, CRE is probably the best which is a huge help to the REGAL Group overall.

 
Apr 2, 2020 - 5:47pm

It depends on your goals.

LevFin brings in the most revenue but does not model, so exit opps get limited to Credit or Corporate roles. Very respected group though.

If you are looking for more “traditional” banking opportunities, Industrials and Energy are your best bets. They are consistently the strongest coverage groups in the bank.
The M&A group is not strong at all, not sure why others mentioned it as such.

Start Discussion

Total Avg Compensation

September 2020 Investment Banking

  • Director/MD (17) $704
  • Vice President (45) $323
  • Associates (255) $228
  • 3rd+ Year Analyst (37) $203
  • 2nd Year Analyst (141) $153
  • Intern/Summer Associate (133) $141
  • 1st Year Analyst (561) $129
  • Intern/Summer Analyst (543) $82

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.3
2
Jamoldo's picture
Jamoldo
98.3
3
Secyh62's picture
Secyh62
98.2
4
CompBanker's picture
CompBanker
97.8
5
Edifice's picture
Edifice
97.6
6
redever's picture
redever
97.6
7
Addinator's picture
Addinator
97.6
8
frgna's picture
frgna
97.5
9
NuckFuts's picture
NuckFuts
97.5
10
bolo up's picture
bolo up
97.4