+7 I heard AUM has dropped pretty significantly, from around $10B before the pandemic to closer to $3–4B today VP in RE - Comm
+7 Why isn’t she involved in the family business? Senior VP in RE - Other
+7 Lots of copium from the PE b0is here lol. You leave PE, you ain't going back. Benson Says
+7 Ended up taking 11 months but I finally found a job. Had lots of interviews across a lot of different types of finance jobs, only ended up getting one offer. Works at None
+7 Cringiest humble brag I’ve read in awhile the tool gets a return offer and now feels the need to tell people who didn’t get an offer there’s more to life then a good job and money. Ugh. Smoke Frog
+7 Congrats on UBS! Grandma knows the hierarchy Associate 1 in Acct - Other
+7 I worked in Rx. It’s more complex due to the following shamoneh
+7 I worked for McKinsey and work in RX now. Some unstructured thoughts: hansdieter1
+7 10Y went from 4.96 to 5.21 in a week and this real estate guy is talking about bonuses lol nyctooexpensive2
+7 Thanks for doing this. Couple of questions: PM in HF - EquityHedge
+7 Still straighter than Jefferies hardos TargetToNonTarget
+7 OP here - just circling back as I made the move so thought I’d give my 2¢ for others considering. Analyst 1 in IB - Gen
+7 Joining the military is always an option.  thisisanexampleofausername
+7 I was 17. I'm from jersey, but was a senior in high school on 84th on that day. We didn't know what was going on. We went to mass at 8:30, the following week we were supposed to do our volunteer things. mine was St. Whatever1984
+7 I’m leaning towards C as something similar worked in my own relationship. When my girlfriend had to choose career/uni, she started rambling about becoming a nurse. Something about helping people in need or whatever. Chumpchump
+7 patsfan947Pretty poor taste to out them like that.  IsItREPE
+7 Fish nerd lucien_de_montclair
+7 Everyone from Bocconi I've met is a spoiled insufferable. 80% of the interaction is just hearing about how Italy is better (despite the COL in Milan fucking them in the ass) and how great their holidays in Sicily were. VP in PE - LBOs
+7 It’s all bluff to put pressure on the Swiss politicians. Note that the higher capital requirements still needs to pass the national council before being implemented. Intern in IB - Cov
+7 Yeah.. their Equities S&T business is very strong even in US, and it's actually one of the top players in Asia, including IB. I guess it's all about US IBD that UBS gets all jokes about Associate 2 in S&T - FI
+7 the space didn't die, it changed shape. the classic play - buy the fulcrum security at 60, come out owning the reorganized equity - shrank because the default cycle never really came. LedgerShelf
+7 I see from your comment history you think there is “little to no alpha in PE” yet you are trying to on-cycle. Interesting Analyst 1 in Consulting
+7 Same bullshit all these AI companies have been peddling for years.  They "sell" a deeply unprofitable, borderline useful product. Ozymandia
+7 So how do you stop the open source guys from eating your lunch and putting price pressure on you? Easy, establish a duopoly through regulatory capture. Ozymandia
+7 Rumor on the street is MV is negotiating an America's IB carveout sale to barclays as part of a broader UBS sale. Associate 2 in IB - Cov
+7 I agree with the other poster about getting things done and getting them done right.  Rabbit
+7 Dude are you a pot, or about do drop a Pablo Torre style bombshell? Analyst 2 in IB - Gen
+7 Im within the healthcare space currently working at a specialist healthcare PE firm. I wouldn’t stress too much about not having a scientific background. Healthcare Blues
+7 on the first time fund, the questions you listed are not the ones that matter. comp structure and pipeline are secondary. the whole thing lives or dies on one question: where is the equity coming from. LedgerShelf
+7 If your business is making $50k a year in net income, and it could benefit from more investment / funding, do investment banking for a year, then pour the money you earn from your salary and bonus into the business. seekinthealpha1
+7 And to take advantage of an employee’s rights because they are not American is the lowest you could go URI place
+7 I’m not contributing training data for your shitty LLM wrapper larry david
+7 The NYPD is also involved as you know. This is not a joke URI place
+7 I don’t think anyone knows what’s going on Anonymous12345678901
+7 When every human under 35 with a pulse and an internet connection has been served an ad about breaking into Investment Banking/Private Equity/Hedge Funds/Quant Firms can search you up on LinkedIn and brute force your compa PrivateTechquity 🚀🚀🚀
+6 Good question. Banking was the goal for a long time, and looking back each role moved me a step closer. melo_surprise50
+6 Retail - especially open air shopping centers is performing the best it has in over 20 years. Generally speaking, outside of COVID, has had less volatility than other asset classes. jtd1215
+6 There is basically no chance to go from an allocator to REIT LO, much less to a REIT HF. Associate 2 in AM - Other
+6 Analyst 1 in IB - CovBetter question is, which aren’t? DB myx8192
+6 Were you a performer in India? Amit and Viraj are highly respected as top investors globally at BX / WP and can easily sort you out post MBA at either firm.  Managing Director in IB-M&A
+6 Ensis is interesting. My preliminary read is that we are in a different state of the RX world compared to 10 years ago when spin-outs were more popular (think PJT from BX, Ducera from PWP, etc). Associate 2 in IB - Restr
+6 Ditto Analyst 2 in PE - Other
+6 What do you think about the job prospect of an incoming 27 FT in a non-US office? fraudmonkey
+6 In general I see affordable housing as an exciting field to be in. For the first time since I started my career almost a decade ago it seems like there is strong bipartisan support for directing resources here. StringerBellRE
+6 I don’t buy “pigeonholed”. ravena
+6 Analyst 2 in PE - Other VP in S&T - Equities
+6 It's over, got to commit sudoku VP in IB - Cov
+6 Sub 5 cap 2 months free commodity slop multifamily! Great place to park capital today 👍 Investment Manager in RE - Res
+6 Some quick thoughts. Ignore title. Associate 1 in PE - Other
+6 “I’ll be entering a more creative era” - OK bro. Create deez nuts on your chin Dick Long
+6 We have the first amendment and freedom of speech in this country. You and UBS HR can suck it.  Associate 1 in IB - Cov
+6 Here's how not behind you are. Dr. Rahma Dikhinmahas
+6 Who gives a fuck, it’s a job lol. Idc if people wanna make videos about it and if you care you probably scored below a 1500 on your SAT. Intern in IB - Gen
+6 Well for one at work it’s good to at least be friendly with your coworkers. Especially if you’ll be with them for the majority of your waking hours. Hags28
+6 Article link? JulianRobertson
+6 I don’t spend a ton of time thinking about that but my quick read, based mainly on EVR PCA (not the rest of the bank) and a number of different groups at GS, is just that the VP title band is so wide you can drive a truck ravena
+6 Investment Analyst in HF - OtherOP sounds pretty toxic… You sound like you went to Cornell Works at Harris Williams & Co.
+6 I like infill re-use, in some of the growing cities that are not NYC/Chicago/Dallas/SF/LA etc. Manager in RE - Res
+6 Private Credit Associate here. Portfolio monitoring is either done by the investment team that originated the deal or by a dedicated internal portfolio team, depending on the firm. Associate 1 in PE - Other
+6 What are you guys even talking about? Sounds like a bunch of bots talking to each other. That being said. Congrats on UBS! Associate 1 in IB - Gen
+6 I understand this for sure. I've mostly given up trying to disconnect since it's not really possible (you'll always be thinking about work to some degree) but I try to keep a few things in mind: Quant in PropTrad
+6 Fundamentally at a biotech VC, in the investor role, your job is to bet on science projects and hope that they work. This is particularly true the earlier stage you go Director in IB - Cov
+6 Anonymous Monkey: Couldn’t have happened to a worse group of people. Hopefully the low hanging fruit gets booted. Midwest Menace
+6 Not true  Analyst 1 in IB-M&A
+6 TruthToLight about to have an aneurysm when he wakes up and reads this first person account Analyst 3+ in IB - Gen
+6 First, congrats on some awesome success! That's huge to be sourcing multiple deals already. Director in IB-M&A
+6 Get off of wso and talk to a girl man GDUDs
+6 “I personally had the worst experience of my entire life there and was treated so poorly. I would never in a million years do it over or go anywhere near that bank again. Analyst 2 in IB - Cov
+6 SM HF are structurally impaired and secularly out of favor. It’s a common misconception that you don’t need people/social skills in the HF game. You 150% do. Principal in PE - LBOs
+6 I'm at a large investment manager, nearing about $500b in AUM - it's virtually all institutional, and all of it is actively managed - a mix of funds and SMA's. Addinator
+6 Translation: "I am an undergrad, I do not know what a CET1 Ratio is, thus I am forced to concede this point." Analyst 1 in IB - Gen
+6 Bocconi and ESCP for hot girls (thank me later).  Louislegrand9
+6 OP sounds pretty toxic… Investment Analyst in HF - Other
+6 “it seems the common sentiment is in 18 months all of this will be automated away by some Claude agent” Common where? LinkedIn posts?  IsItREPE
+6 ok will continue exercising everyone and losing deals on purpose tinyrat
+6 i am very confused Intern in IA
+6 What happened here? jrosenburner
+6 VP in IB - Gen QuiltEmerson
+6 Alix is very well regarded and considered one of the Big 3 in the RxCo world, with the other two being FTI and Alvarez & Marsal. RCJ92
+6 Of course, happy to answer questions. Associate 2 in RE - Comm
+6 First, you need to gather as much data as possible. This is everything from pulling info from public websites to asking friends in the industry. Is there anyone else at a similar level to you in the firm? CrossCountryWildcats
+6 My advice can be boiled down into a few main buckets: Associate 2 in IB - Restr
+6 A variation of this question has been asked for the last 10-15 years. Before the recent AI boom it was "why wouldn't you go work for FAANG instead of IB". Director in IB - Cov
+6 I've had a similar thought on career trajectory. bzfracas
+6 Congrats on UBS! Associate 1 in IB - Cov
+6 Ones who wanna grind from the rap Gold-ManSacks
+6 Successful power trader of 11 years here. Themaster441
+6 That guy who never worked in finance but spams here like a blog is definitely F+. Forget his name, think he’s out playing poker or doing some exec MBA VP in IB - Cov
+6 There is effectively zero an analyst can do about whether a deal closes. VP in PE - LBOs
+6 Your experience is not abnormal, especially if you aren’t coming from a banking background. Associate 2 in PE - LBOs
+6 this is UBS IB’s business model tbh  Associate 1 in IB - Cov
+6 I don't think so but I think you should find an easier strategy if you want to coast. It's a trade-off and could be an amazing lifestyle anyway. My job is super easy. Associate 1 in PE - Other
+6 Cut out the caffeine. One a day.  Cut out the booze to one night a week when you’re not going to be really working the next day Managing Director in IB-M&A
+6 If anything the role gets more analytical and judgment-driven as you rise, not less. VP in PE - LBOs
+6 This sounds awful. Do people really organize extracurriculars around people who only work in finance? ravena
+6 Bump. Although this post was from 2 years ago, the 10 year is at 5% as of this week. altoidman
+6 Fiscal policy is the only solution or inflating away the debt. We are going to see a return to more traditional equity/debt ratios for transactions. YariTacos
+5 What are you looking for here exactly? Take the fucking shot. its mental masturbation to ask here for validation.  Southern_cre
+5 Most of the return offer is decided by whether people want you on their next deal, not by how smart you are. Rough list of what matters. LedgerShelf
+5 I was actually in equity research but my experience was similar (i.e. spudrmonke