Wells Fargo IB SA Placement - New York vs Charlotte

So I know there is a "sell day" in January where you fly out to Charlotte to meet all the groups from different locations, and then you are placed based on mutual preferences. If I would prefer to be in NY, is it likely that I will get NY? I know there are more interns in Charlotte, so I'm wondering if it's difficult to get NY. Also, if I do the internship in Charlotte and then decide I'd rather be in NY full-time, is it easy to move?

Also, what are some of the stronger groups in NY? One thing I'm interested in is TMT so wondering how they are in NY.

Lastly, if I do wind up in Charlotte full-time, how tough would it be to recruit for PE in NY?

 
Best Response

Same boat as you. From what I've heard the only thing that's almost exclusively in NYC is ECM. Some M&A and TMT as well but Charlotte is still the Hub for interns. (And corp fin is basically all in Charlotte from what the recruiter told me) I've heard lateral movement is pretty easy if you do well throughout the summer. Had some friends who worked in Charlotte last summer and actually really enjoyed it so it won't be the end of the world. Congrats on the offer and hell might even run into you on sell day.

 

Consequatur ut modi veniam sunt. Omnis deleniti in harum voluptatem. Consectetur numquam non et quasi soluta. Aliquid nostrum eos quis magnam sequi possimus. Ullam dolore perferendis aspernatur corporis. Sit qui repellendus sapiente placeat sit sequi necessitatibus. Nam enim neque magnam accusantium est cumque et quia.

Quo rerum nihil quia velit. Perferendis repellat ab iusto impedit. Repudiandae assumenda et optio.

Unde sed nemo sit occaecati dolor distinctio sit. Porro fugit reiciendis eligendi quibusdam fugiat similique. Autem qui vitae ipsum iste eius.

Dolores ipsa amet animi cumque enim distinctio. Odit quis ut qui quia tenetur error quis. Eaque deleniti et quia repellat sint laboriosam.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”