Don't have any anecdotes on exit ops (but search LinkedIn), but as far as pay, it is below street (think ~70-75k base NYC for 1st year). Their model is to overstaff team with juniors but underpay to keep down costs, so I would imagine the learning experience is less valuable then a leaner team you might get elsewhere. But they have some well respected analysts and broke into II top 10 last year.  

 

Thanks. Analyst I spoke with said that I could expect to clear $110k all in first year, but that the hours are very very tough.

 

Good rep among research, but known to be a sweat shop (especially for certain sectors). Might be prudent to look at the associate churn rate for each analyst before making your decision. Anecdotally speaking, some analysts are known to be downright abusive, so I can’t imagine it being a good learning experience/well positioned for exits if most associates don’t last a year.

 

all the info on this thread saddens me since they have very respected analysts. I was expecting it to be above street :/

 

My brother has worked there since he graduated. Wolfe has a very very good rep within equity research and he is constantly asked if he would like to lateral to BB's and other research boutiques, so exits are very good in terms of demand. Spend 2 years at Wolfe and you can move to any sell-side research position. As for the buy-side, I assume you'd get interviews. 

Comp is below street but still livable (lol). Around 80k base + 30-40% bonus, so $105-115k all in first year. I wouldn't worry too much about that bc it'll set you up well for a career in research. The one thing I will note is that it is an absolute sweatshop, with hours hitting 85+ most weeks. 

 

Rep - very good, considered a place with knowledgeable analysts. Seem to be picking off top-ranked analysts from other banks

Comp - Comp is all over the place. Heard to negotiate hard for your base cause raises and bonuses aren't that strong

Exits - Could probably exit to any other BB/EB on the sell-side. Have heard of associates landing buyside gigs at MM HFs, but don't know how common this is 

 

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