Highest Ranked Comments In The Last Month

+4 It’s not funny yall, buddy here is having a mental crisis, haven’t seen a full meltdown like this on here in a while Associate 2 in PE - LBOs
+4 Ignore title. In PE and recruited heavily for Boston funds. Bunch of pareto opportunities in Boston if you’re optimizing for pay-to-WLB and willing to recruit off the beaten path. Associate 1 in IB-M&A
+4 Thanks for the response. Your first question is fair, and as you've pointed out I am a college student lol. Analyst 2 in IB-M&A
+4 I feel like this has to be rage bait lol. would love to hear how bauposts PG&E subrogation trade was simple compared to rolling up performing HVAC companies and dental offices. SSG Credit nerd
+4 Nothing is ever as good or as it bad as it seems. I would kill to be 21 again. Intern in IB - Gen
+4 If you can’t stomach the risk of not having a FT offer before graduation and/or getting canned within 2 years of your first job, then you should probably self-select out. I was in the same boat. Hags28
+4 This is similar to comp at a boutique where I was as a VP. It was 33% each to the deal sourcer, 33% for admin/salaries/bonuses, 33% to the partners. TechBanking
+4 Junior talent way stronger in London than NY 15-20-% lower comp at some shops (equiv in others) but lower cost of living and way higher quality of life Managing Director in IB-M&A
+4 FinnesseGodTechnically possible for folks like Elon Musk odog @digitalimmortality.com
+4 Let’s stick to US investment banking, because the actual results make your defense look remarkably thin. Associate 2 in IB-M&A
+4 I know people are disagreeing and giving you MS, but as someone with kids, I get your POV. The amount of missed soccer games, missed play time, lack of vacations, etc. begins to come into perspective as you get older. teddythebear
+4 If you want true asset level exposure, REPE vs REIB isn't going to make much of a difference. Actually getting involved in owning, developing, and operating real estate is going to get you that understanding. jarstar1
+4 ojapar20At the end of the day, results are results. TheFunkyMunky
+4 “This is spot on. I’ll contribute one additional example in response to the main thrust of the original commenter. Analyst 2 in IB - Cov
+4 Why tf wouldn’t you? Worst they can do is say no, again - not really that much to lose. On the other hand, they could also see and value your continued persistence, which is an important trait. monkeyofib
+4 I’ll throw in my two cents as someone who worked there: it’s still a solid bank, even if it’s not what it was historically. aftermath53
+4 Intern in RE - OtherIs this not a breach of confidentiality? Unless that person has been public about looking for new roles... IsItREPE
+4 0%. You can't financially engineer your way out of these shit deals. He's toast.  terra879
+4 While this is factually accurate, do people not realize this is AI? like it actually seems like the OP used a prompt "make it sound like AI" don't understand how it gets so many SBs Prospect in IB-M&A
+4 I joined knowing full well my odds of being a VP were slim to none but wanted the excellent training this place provides either way. Associate 1 in PE - LBOs
+4 I think one thing thats important is to consider things on a per-capita basis when you are a junior entering the field. Analyst 2 in IB-M&A
+4 This isn’t a good way of thinking about associate bonuses - your top BB’s don’t just auto pay more than your low tier BB’s or mid-tier. ky9xnsz
+4 Yes an Asian man took my girl  Analyst 2 in IB-M&A
+4 If it isn’t painfully apparent by now, they are winding down. The HF is essentially gone very little full fee paying AUM and liquidations are gated. If they’re lucky they can go the way of Anchorage. Research Analyst in HF - Other
+4 Suggest you find some executives / C-suite at logistics companies that you like and reach out to them via LinkedIn / email / call. Partner in IB - Gen
+4 Congrats on PWP, subsidiary of Piper Sandler! Analyst 2 in IB - Cov
+4 Only a quarter of that group actually does work. The rest are pawns doing the leader’s bidding and driving up hours URI place
+4 Funny how oblivious the typical finance professional is. Most haven’t taken the AI-pill. er_beast
+4 Max hours was in the 100-110 range. Average was 40-50. Sometimes 30-20. Weekly. If you're not on a deal you're not working at all, which I really liked. A&M RX operates on a deal-or-nothing system. VP in VC
+4 Just put the fries in the bag bro. No way we got big 5 analyst 1s doing Q&A smokingdatpack
+4 Very familiar with RESCM so adding more color: Analyst 1 in RE - Comm
+4 Great news for PSC analysts, can’t imagine PWP juniors are very happy. Analyst 1 in IB-M&A
+4 If you cant handle the heat, get out of the kitchen DetroitLions94
+4 get a testicular transplant bc urs clearly aren't working properly Intern in IB - Cov
+4 Small PE shops don’t have the budget to play this gender quota game while large firms still do and you will find DEI Beckies there but not many. It’s the HF space, where they can’t survive.  Associate 1 in IB - Cov
+4 Among the pod managers: Baly and Point probably have the most PM's in SF at this point. wolfman
+4 There’s a difference between earliest ability to lateral and be taken seriously vs what you should actually do. The former would suggest 6 months, while the latter would suggest 1-1.5 years. Associate 2 in IB - Restr
+4 It's like working in sauna.  Bulls_and_Bears
+4 It's impossible to give the answer because it depends on you and your goals.  Asummers521
+4 Reposting someone’s comment from another thread: Analyst 1 in IB-M&A
+4 I have never said it was easy and predictable! If your objective is to work 9-5 this is the wrong industry, any career path giving you a shot at meaningful $ will require hard work especially in the early years. LBOMaster
+4 As someone at Truist, yeah our CB team doesn’t learn any technical skills. The modeling is all held by the Corp and LevFin Credit team. Analyst 1 in IB - Gen
+4 Hazard10bump This thread was front page. Commented on three hours ago. Where are you bumping it from, exactly?  CRE
+4 One of the main perks is the siestas after lunch - really helps with the late nights KageSelly
+4 oh boy! Intern in IB - Cov
+4 There is only one JE. Only one URI place
+4 RIP Truthtolight who is either dead or banned from the forum now Associate 2 in IB - Gen
+4 You’d be surprised how grindy some MM / other firms are and how cheap (in my opinion there are a number of firms where if you want to get promoted its just as much work/ if not more than MF). Analyst 2 in IB - Cov
+4 Just to clarify, I do have a life-science background but no PhD.  My graduate studies covered everything that you can expect between thinking of a lab experiment and eventual FDA approval. Investment Analyst in AM - Equities
+4 LOL at the mental model that leads to thinking: “I don’t know if I have the guts to quit IB” (low risk tolerance / professional courage) + Principal in PE - LBOs
+4 We actually want to own the properties, not clip coupons, so we backwards-solve to an IRR. This is how I was doing during workouts as a lender (I gave some syndicators too much money and had some office loans). Associate 2 in RE - Comm
+4 Obviously up to the candidate to perform in buyside interviews but would say Laz is similar in HH perception to PJT M&A and MOE. gru_from_despicable_me
+4 Complete scam. Avoid at all costs.  Prospect in IB - Cov
+4 Thanks. Close to 500k but not fully. About 2/3 of it was my own savings and had a family member who was going to contribute the other 1/3 purely for deal costs, not overhead. Recruiter in Non-profit
+4 100% it benefits her - bonus: she can’t make MD so if I make VP she is basically redundant… londonbilliejean
+4 Lazard, CIBC AFoldingChair
+4 (1) "I’ll be more clear since you couldn’t understand the implication that I thought would be obvious." jl12
+4 Rank Firms Five-year fundraising total ($m) Headquarters1 CBRE Investment Management 18,902 New York2 Clarion Partners 13,044 New York Developer in RE - Comm
+4 Shit group, avoid Associate 1 in PE - LBOs
+4 You may have heard this but: just enjoy the high pay and little work Associate 2 in PE - LBOs
+4 UMM firm part of recruiting. We’ve been guided by our HH that it’ll start January. We’ll start doing coffee chats and stuff in November. VP in PE - LBOs
+4 I spend a lot of time with the Hunter point guys and they’re super sharp. People seem to be happy-ish with comp / the work the question their I think is where do they take the business over the next 10 years. ravena
+4 This is basically the situation I was in before heading off to do an MBA to get into Private Equity. I did 3 years in management consulting before I got into corporate dev where I spent another 2.5 years. Healthcare Blues
+4 (1) "You just said a bunch of words that mean nothing." arossi: "Stop calling it a high paying job.” (Internal quotations omitted). jl12
+4 Don’t submit your actual address on the UBS HR portal. Bad move URI place
+4 Ozymandia: Director in RE - Comm
+4 Caught up with a friend recently who launched his own shop a few months ago and he shared a lot of this sentiment. CoffeeBong
+4 typical distressed to me is not capital solutions or lending really but buying securities / debt in secondary markets at discount then doing a restructuring process (large legal process, steerco. GBB_19NHS
+4 Lol for my search fund final project I had to write a report on the industrial stormwater compliance industry wuandale33
+4 So did no one else at your bank or in your group get a return offer? If not, you did not “not get a return offer because of headcount”.  Associate 1 in IB - Cov
+4 Developers' need fees or else the lights turn off. Right now more focused on signing up deals versus optimizing for IRR/cash flow. Crimson_
+4 Principal at BX. We have a lot of respect for BCP India and Amit has a very high standing within the firm. I don't think any less of them than the guys in London, Singapore, Tokyo, etc. Analyst 2 in PE - LBOs
+4 Current PE analyst 2 - Nah i’ve seen it done before you’re gonna be fine if you were a competitive summer analyst/ft candidate anyways. But think abt how much you would give up before you switch firms. Analyst 1 in IB - Gen
+4 It risks coming off as presumptuous to specifiy the amount of time and to list dates and times you’re available. It’s also self-rejecting if the person simply can’t make those times. IsItREPE
+4 Lazard HC def improving, last year was horrendous but they on the up again Analyst 2 in IB-M&A
+4 I think lenders are starting to push more for realizations, but outside of office, I'm really only seeing that on deals where the lender is in the money. CRESF
+4 401k you wouldnt be able to touch for 30 years. is it worth it to invest in one if you need working assets?  Horatio Horatio
+4 Would add leads are almost always getting board observer seats on CVs… some are starting to take active board seats and bringing in industry advisors. Generic Banker
+4 Assist. VP in PE - Other Senior VP in PE - LBOs
+4 There’s a couple different points of negotiation here doobeedoobeedoo
+4 In place yield, or at least an extremely clear path to stabilized strong yield, is necessary on anything. Multiverse
+4 You'll need to cut your text down like 80%. I don't get what you're trying to ask. ProbablyEngAnyway
+4 Shit everywhere - both where you eat and where you don’t. None of this extra judicial morality bullshit. mkaypowlo
+4 Just fyi office transfers are hard at MBB even for US-based people. Also your chinese being bad is kind of a big deal here, does your office primarily use English or chinese / what language did you do your interviews in? Associate Consultant in Consulting
+4 Good luck competing with all the Cornell kids. In all seriousness, I think the most common entry point is brokerage, but it also depends on exactly what you want to do within the hotel space. lowball_larry
+4 At least you have 50+ places to recruit for compared to kids like myself on a student visa Prospect in IB-M&A
+4 You have all the formal education you need - full stop. Do not get any more degrees.  Assist. VP in IB - Gen
+4 September isn't the end, it's honestly closer to the middle for FT. LedgerShelf
+4 Yeah, I’ve heard something similar. VP in RE - Comm
+4 The amount of people thinking this is genuine is concerning crazylifechoices
+4 Why are PWP and PIP seperate? InvestmentMonkeyBanker
+4 Hey, My 2 cents on landing in London from MBB Milan (I was in a similar boat about 6 years ago). BonniePG
+4 A1 comp 260k all-in xyzdude
+4 As someone recruiting to lateral to another PE firm, when I get asked why I'm looking to leave my current PE firm my talking points have been along the lines of "Our performance unfortunately isn't great, we made some inve Associate 3 in PE - LBOs
+4 Even if your assertion is true, do you think working in a field that's more intellectually rigorous results in being paid more than one that's intellectually lazy? neil88
+4 Most of my friends who exited to RXco did it to spend the rest of their career there. Director in IB - Restr
+4 Classic WS story: Narcissistic leader appoints other narcissists and flying monkeys in key positions lol URI place
+4 Fair points. On pure recognizability to the everyday man, I could actually cede Oxbridge into the 2 and 3 slots. Investment Analyst in HF - Event
+4 So don’t play possum URI place
+4 Sounds like you don’t like your current job (from your reply above seems like it’s corp dev and not PE). Associate 1 in PE - Growth