I know that Blair pays 70 + 10, but am not sure about bonus. The Company Database's 95k all-in figure is not for IBD, but research (as reputable as it may be). I wouldn't be surprised if Blair paid above street.

From my understanding, the top three MM banks are Baird, HW, and Blair, and if you have an offer from any of those three you can't go wrong choosing any of them and as long as you do a good job during your analyst stint, you shouldn't have a problem exiting to MM PE.

With that said, unless you knew exactly what you wanted from your career it wouldn't be a smart choice taking Blair over a BB (UBS in this case). Any of those other firms would depend on which group you were choosing from, but if it were me, I'd take any of Baird/HW/Blair over Wells/RBC. Jeffs / Roths would be a toss-up.

 
leveragedlife:

I know that Blair pays 70 + 10, but am not sure about bonus. The Company Database's 95k all-in figure is not for IBD, but research (as reputable as it may be). I wouldn't be surprised if Blair paid above street.

From my understanding, the top three MM banks are Baird, HW, and Blair, and if you have an offer from any of those three you can't go wrong choosing any of them and as long as you do a good job during your analyst stint, you shouldn't have a problem exiting to MM PE.

With that said, unless you knew exactly what you wanted from your career it wouldn't be a smart choice taking Blair over a BB (UBS in this case). Any of those other firms would depend on which group you were choosing from, but if it were me, I'd take any of Baird/HW/Blair over Wells/RBC. Jeffs / Roths would be a toss-up.

"95k all-in figure" for research? Anyone knows what the figure is for a first year equity research associate at Blair? Thanks!
 
Best Response

William Blair is a great firm, and I would agree with the above and take it over Wells/RBS (RBC would be a bit tougher for me, but probably would take Blair as well). I would also take Blair over UBS to be honest. I've posted about this before, but Blair is (in my mind) the 'elite' Chicago bank, ahead of Baird in local reputation. Baird has been growing their Chicago office over the past 10 years and gaining a name for itself in the city, but Blair is the epitome of old money, north shore, Chicago- with this said, the culture is a bit stuffy, and the people tend to be a bit pretentious and also have an inferiority complex due to the fact that they have a big name in their local city but are often times unheard of in NYC. I would choose Jefferies/Rothschild over Blair (assuming main office for both- for Roths NY or London)- both would place better and have bigger names worldwide/nationwide. Blair may be above street on pay- I know the pay there (for better or for worse, though for better now) is pretty unrelated to the bank's performance as a whole ie. the guys there are making about what they made bonus wise in 2006-08.

 

Thanks for your thoughts, leveragedlife and Black Jack. Black Jack - really appreciate how you're still contributing to this forum even though you're "done."

Didn't realize that the 95k all-in figure was for equity research.

I like Blair a lot - I feel like the people are great. Surprised to see that you think the people are a little stuffy, Black Jack, although I can certainly see where you're coming from. Quite honestly, I feel like Baird's culture is a little better between the two of them.

 

Vero asperiores tenetur earum quia. Adipisci nisi vero enim sit enim. Aut quos esse repellat nemo quaerat. Eligendi sunt voluptatibus neque sed est quia.

Reprehenderit molestias delectus accusamus totam. Provident omnis est quisquam cum illum ipsam consequuntur corrupti. Quaerat quis ipsa eos suscipit quas quia nemo.

Tenetur quia iusto vel sapiente. Tempora illo neque amet dignissimos.

Rgs. Omnivorous

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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
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...”