+1 It’s likely if you get one of those you’re not in a good group… Associate 1 in IB-M&A
+1 top bucket vps have significantly easier lives than both junior bankers and mid/lower bucket peers ShooterMcGavin11
+1 Build a More Disciplined Approach to RWA Investing 📊 Trader in S&T - Other
+1 Get on erome and smoke some weed too  hankpim
+1 Truist base is 100k for AN1, believe coverage bonus was ~60k. Culture is super hit or miss depending on the team Analyst 1 in IB - Gen
+1 Way more stressed at the principal / director level than I was as an associate. ravena
+1 Someone is finally asking the real questions Amazon Prime
+1 Analyst 2 in IB-M&A high hopes
+1 The “group” and fast money is usually right most of the time though. stockbondanalyst
+1 Doctor, easily. Residency pays terribly, can drag on for years, the culture can be just as abusive as IB if not worse, and you’ve got the matching system to deal with on top of it. VP in PE - LBOs
+1 Just the process of buying, repairing, then selling companies seems like an intriguing idea to me, so intriguing I want to spend the rest of my life doing that. BreakINgIB
+1 For PE, it is Harvard / Stanford, then a noticeable drop to Wharton. That's the list. There are also placements from UChicago into midwest firms. VP in PE - LBOs
+1 Centerbridge was the one I'd add to that list. HIG also has a reputation for being pretty brutal on the technical side. Chimp Dreams
+1 30 mins is pretty short for a full 3-statement + DCF, so I'd first figure out what type of test it is. Chimp Dreams
+1 A lot of it is that the MD often doesn't fully know what they want until they see something concrete. Aspiring_Monkey_
+1 It was only 24’. 25’ JEFF has an independent bonus pool and even mid-bucket got around 90k Associate 1 in PE - Other
+1 After 2 years in IB, your deal sheet and reputation will generally matter a lot more than whether you had a 3.6 or a 3.9 in college. Aspiring_Monkey_
+1 At a boutique, I wouldn't read too much into the title of the next round. Could be the final sign-off, could be the founder wanting to meet candidates before deciding who gets a Superday. Aspiring_Monkey_
+1 Please share your objectivs and where you are. We will work together to draw a path, if that is what you want, ER 15
+1 Can comment on FIG. Heard >20 people left in the recent months, a couple of seniors as well. Many went to competitors or just burnt out. Very few exits as you have no time to prep and interview at all. Intern in IB - Cov
+1 HELLO. OFF THE CUFF, COLD CALLING IS NOT THE BEST WAY. USE YOUR NETWORK TO GET INTRODUCTIONS. I NEED TO KNOW MORE ABOUT YOU TO GIVE YOU USEFUL ADVICE.  ER 15
+1 Yes I think this way more the case than people realise. I’m sure if you’re an Analyst or Associate you can’t imagine, but quite a few top performers would rather blow their brains out than stay VP in PE - LBOs
+1 All three of the BBs you mentioned tend to have pretty solid rotation pathways between offices, especially if you speak the local language. Bamboozledbamboozler
+1 F*** Sam wolfofwallstreetchestbeat
+1 Thanks a lot for doing this Q&A and appreciate your every minute answering the comments here. They have been gold.  Analyst 3+ in HF - EquityHedge
+1 this is almost certainly a fake comment SOFRsoGood
+1 Well it appears you aren’t very good at English which could be a decisive barrier, although I have noticed the MFs have more and more people who have weak English. SOFRsoGood
+1 why are you even ranking non-m&a teams like ecm let alone putting them in A lmao SOFRsoGood
+1 They are correct. Assistant in Acct - Audit
+1 Residency, and I don't think it's particularly close if we're talking overall difficulty. anonymous_monkey_
+1 Couldn’t be more wrong! Ralph never left / came back. Bonuses have sucked post covid and are never coming back. All the other boutiques pay more at the associate and VP level. jejdjco
+1 Yes, but keep it short and don't turn it into a second pitch. A quick email thanking them for their time and referencing something specific you discussed is perfectly fine, even at the associate level. anonymous_monkey_
+1 Jeff doesn’t pay as much as they did before covid. Better off going to evr  Analyst 2 in IB-M&A
+1 The $20-80k is almost beside the point here. twisterkid88
+1 I'd have a candid conversation with the headhunter. Something along the lines of: "I've really enjoyed getting to know the team, and I appreciate you putting me in front of increasingly senior people. twisterkid88
+1 How did your dad take it when you came out to him? IsItREPE
+1 The hours at JEFF are rough, but the culture is fine (good face-time, close-knit analyst, no HR). Associate 1 in PE - Other
+1 Add UChicago, Northwestern, Georgetown to that list. Sure I agree apply as many places as possible but the facts are every t12 school prefers sophs transfers HEAVILY. blastren247
+1 Associate 1 in PE - OtherIt was only 24’. 25’ JEFF has an independent bonus pool and even mid-bucket got around 90k high hopes
+1 Intellectually bankrupt argument. No one said you’re guaranteed success if you’re obsessed. But you are guaranteed mediocrity if you’re not. Principal in PE - LBOs
+1 Bump Associate 3 in PE - LBOs
+1 Bingo, bingo, bingo ojapar20
+1 Everyone is hating on this guy but he's right. Everyone complains about boomers robbing the country and leaving nothing for their kids. ojapar20
+1 Are they actually “head hunters” or are they coffee chats with someone that you cold contacted? im not very creative
+1 Just throwing it out that you might want to leave the Royal Oak at home on the first day. Just putting it out there before someone asks.. im not very creative
+1 KeyBanc is paradise Prospect in IB-M&A
+1 Farallon is elite Analyst 2 in HF - Macro
+1 You just said he’s not paying you any more. Do not work for him for free. CoffeeBong
+1 Save yourself the time and give up like the rest of us who didn’t get offers Teller in Non-profit
+1 All you peasants must work for Emperor Trauber and H1B Commander Mo Leghari  Analyst 1 in IB-M&A
+1 Outside of specific asset classes and specific locations, there are not a lot of good deals out there hence why its hard to raise money.  Also better more liquid alternatives for people  Rick Kane
+1 It is interesting to watch, because the same thing is happening with our analyst, I think it is on par with our average analyst historically, but in a weird way making our analyst weaker as a whole.  Associate 2 in IB-M&A
+1 Would be so interested to know if any sole GPs on the forum are having any luck. I’m stuck in a developer with no deals happening and desperate to go out on my own but can’t find any deals that make sense. VP in RE - Comm
+1 I saw his house get listed for sale recently, as someone else alluded to at the time. It's an incredible property and it caught me off guard, honestly, that he was in position to own a dwelling of that magnitude. MF Dev
+1 Piper S tier now fan_of_mungduh
+1 Maybe email again tomorrow morning and provide updated availability for the rest of the week. They already have your tuesday availability so prob don’t need to send today. qwertyiuop
+1 Just recruit without the workshop, every year around 50+ do it. So give it your best shot and also look to transfer as a plan b  Prospect in IB-M&A
+1 Had a partner for about a year and been on my own for about a year. Very little pencils and economic conditions change too fast on those that do.  CRE
+1 Fair enough. I was more speaking on a relative basis (vs. other front office finance roles) but your point totally makes sense. zoo84
+1 figuratively or literally Intern in RE - Res
+1 Recruiting without the workshop, last year 60+ people placed outside of the workshop with several not being a part of any of the "top" clubs. Prospect in IB-M&A
+1 Ignore title - do not have insight on the firm itself but want to share a funny anecdote that has shaped my image of them Prospect in HF - EquityHedge
+1 is this the FoF business in JPM? They have been around a long time but to my knowledge always under the radar because they have not scaled. Dehe
+1 Bumping this as pretty much accurate, just don't tell them your process as otherwise an IBW kid might get substituted in for you. Prospect in IB-M&A
+1 Check out Henderson Park and South Street Partners. Henderson actually backs South Street on a lot of their development deals. Beach Company also seems to have a pretty diverse portfolio. Fidel-CashFlow
+1 del dicky
+1 I think trade off if working on privates is that you are more likely to work on mega deals at the megafunds but will be in a more bureaucratic environment. notsospecialsituation
+1 Easily coverage. Lol asdf1248
+1 I mean idk if LMM IB -> BB/EB after 1 year is possible but you can probably go LMM IB -> solid MM (e.g., WB, HW, HL, etc.) and then if you really want go to BB/EB but by then you'll be 3-4 years in and probably an as VP in PE - LBOs
+1 How much visibility and exposure do you have to the fund performance and fundraising? Determined
+1 This is helpful - I’m not OP but considering a role and would love to hear your/others thoughts more generally on JPM’s multi-manager program vs GS XIG for example. Associate 2 in AM - Other
+1 Analyst 1 in IB - CovI'm an analyst at baird A&D just waiting for my phone call any minute now. Can't wait to say I work at an EB!  30rack
+1 you can do fine if you’re not obsessed. But there’s always infinite things to do. investor45
+1 WOW that is embarrassing. For good measure checked WSO's favorite punching bag UBS and even UBS is way better. Associate 3 in PE - LBOs
+1 Nothing here Prospect in IB-M&A
+1 Richardson Barr (RBC’s technical team—not sure if you know of them because you seem like a dimwit) is easily on par with Jefferies lmfao iamanoilhead
+1 I'm in a similar position as you (but VP, so a level down) and have seen other departures at my firm recently as well at this level and above. VP in PE - LBOs
+1 My experience might be different - I was a sell-side rates strategist. There was a wave of rates pod hiring in 2021-2024 and I interviewed with many pods. To be hired by a PM you’d have to be useful in some way. Research Analyst in HF - RelVal
+1 DCF against recovery and see risks that might impact that recovery  GS under Blankfein
+1 Thanks! I’m there for the Associate Manager level (One level above Analyst). The director is traveling that’s why they are having the delay. So far: Investment Analyst in IB-M&A
+1 VP in RE - Comm Rick Kane
+1 Let's pay our people half of our peers, refuse to fire bottom bucket bankers, bloat the middle market team and have them harass the rest of the IB groups and refuse to open up our balance sheet to clients and see what happ Associate 3 in PE - LBOs
+1 As terrible as this is there’s no reason to off yourself. Theres much more reasons to live than a career. IRR you ready to rumble
+1 Totally disagree. On some level you have to be a go getter and can’t rely on internet strangers to plan your life. credev99
+1 Analyst is base is like 100-110. Bonus below street. Junior role is quite administrative. It is corporate banking so doesn’t pay like IB. Analyst 1 in IB - CB
+1 Second this… get out networking and applying. It’s a poor reflection on the manager to fire you so early / not investing time to train. asdf1248
+1 I’ve heard JPM culture in Houston is really good. Definitely will be working a ton but much less sweaty compared to the other top firms fan_of_mungduh
+1 Dude just start your own company or become a consultant. Once you start gaining traction, I think your work reputation will speak for itself and will speaker louder than this one mistake. Ghost_of_Baghdad
+1 Let us know if you want someone to fill out your application for you too! IRR you ready to rumble
+1 Take the GMAT instead and use the score to apply to deferred MBA programs in the spring. Analyst 2 in IB-M&A
+1 Just 1 perspective - LMM IB is MM IB its an easier story and easier sell on your part than a quasi-career change. Gold-ManSacks
+1 This thread shows the vast difference between high W2 workers and asset owners, and how much that gap has increased since 2020 especially in the NYC area. cp5670
+1 Bump  JoeshRapper
+1 UK Comp is cooked my boy's making 40K GBP A1 at Barclays CB Prospect in Non-profit
+1 Not in my market. I've seen a number of deals that range from mid to solid that have zero chance of going forward because there is just zero equity putting money out there. jarstar1
+1 Well, maybe take a look at the recruiting timeline. loser1234
+1 Assuming this is not a troll post - prestige obsession is completely normal at your age but will (hopefully) slowly fade away as you get older and realize there is a lot more to life then your job/firm/location  Associate 2 in IB - Cov
+1 Finally a good list Intern in IB-M&A
+1 How're preparing for the interviews? Spaghetti_and_Meatballs
+1 High quality post. Thank you for sharing! Spaghetti_and_Meatballs