+4 Ozymandia: Director in RE - Comm
+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 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 Lazard, CIBC AFoldingChair
+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
+3 blueoceanI really appreciate the thoughtfulness here. I try to approach my own career in the same way. Associate 3 in PE - LBOs
+3 none are great but none are necessarily bad.  midC bro
+3 I’ll take the other side of this. Your expectation should be for no replies, and be happy even with a “no” reply. You’re asking people to spend some of their time for nothing in return. That’s just a fact. sick_willy
+3 No I would say GTown > UMich > UVA. This is coming from a Wolverine. But, private schools are better for recruiting imo. But honestly it’s not marginally different, you can do well at all of those 3 schools geonome
+3 Ozymandia: Director in RE - Comm
+3 Firstly, nothing to stress about with the degree, you are in year 2/3 of a 30-40 year career, if you get to where you want to be in 5-10 years you still have the vast majority ahead of you. ACATS
+3 It’s TBD for them. Not a lot of capital yet. Think they had an OK track record at MS. Generic Banker
+3 Initially sure I was like"oh they're misrepresenting the industry!" or whatever And now I could not give a flying fuck. They're getting their bag. I'm getting mine. Who cares.  nutmegger189
+3 UBS gets too much air time given they are known for having a terrible culture, terrible deal flow and increasingly terrible exits Associate 1 in IB - Cov
+3 If I was sitting on a pile of money at the moment, I would want to buy core plus assets significantly below replacement cost in overbuilt growth markets. CRE
+3 As has been pointed out in posts just on this thread, and something I’ve opined on elsewhere - future generations are smaller and will get progressively smaller. Traderade
+3 Dude not getting a return offer is a horrific feeling. I’ve been there and was in the absolute dumps. At the end of the day, you got to have positive self-talk. Analyst 1 in IB - Gen
+3 I think it's culture dependent. Industry has gotten so technical, and expectations are high. You need to get a solid 6-7 hours in order to deliver. Associate 3 in IB - Gen
+3 Investment Analyst in S&T - Other PM in HF - EquityHedge
+3 honest answer: for ib recruiting, the school name matters more than almost anything else here. LedgerShelf
+3 Downside is you're out of 'real finance investing', though you may be able to salvage it with finance adjacent things (corporate finance, accounting firms doing deal diligence) and/or shift to another role in 'real finance setarcos
+3 These posts make me roll my eyes. GS under Blankfein
+3 A lot of small PE firms are effectively the fiefdom of whoever founded it, and the smaller the fund the less professionally it tends to be run because it is not typically a focus to hire HR and other small back-office depa VP in PE - LBOs
+3 Unless you are doing an investing role or potentially something where there will be no WLB (very acquistive, mostly PE backed, corp dev or Chief of Staff at PE companies) with some equity portion, you will very likely not VP in PE - LBOs
+3 am student so apologies if anything is nonsensical Summer Associate in HF - EquityHedge
+3 Funny you call me a LARP when you’re the one doing DD based on LinkedIn career progressions without thinking about the context. Investment Analyst in HF - EquityHedge
+3 Think target schools (Harvard/Stanford/Wharton/IU Kelley) Associate 1 in Acct - Other
+3 I do not work at BX, but my two cents: Analyst 2 in PE - LBOs
+3 Holy shit I know who you are OP 💀 UCTreeHugger
+3 Yeah, I had a really good mid-cycle review, and a few people I worked with actually called me after the decision saying they were surprised and didn’t really know what happened either. el2333
+3 Read Ecclesiastes Yourmomhello
+3 Yes there is a world where Morgan Stanley buys UBS for their wealth unit and fires all UBS Investment bank Director in IB - Cov
+3 This what you spend your saturday night doing? Jeez. Tells you enough about the culture.  Analyst 2 in PE - LBOs
+3 Surprised coverage is not the overwhelming response here. Gives way more optionality compared to PCA, which will pigeonhole you  Associate 2 in IB - Cov
+3 Not to nit-pick but consider using just "Piper Sandler". The idea of "piping your ex" could be spun into a sexual inuendo. caustic freebase
+3 not screwed, the timing actually works in your favor. LedgerShelf
+3 pay it forward bruh you know what the struggle is like Prospect in IB-M&A
+3 er_beastBlue collar jobs aren’t safe either. Enjoy time with family and friends. We are very clearly in the singularity. AGI is imminent. IsItREPE
+3 I went to one of the schools above and echoing what others have said - the main reason that Ldn recruits from these schools are the fact that they can cover these areas language wise. Associate 2 in AM - FI
+3 No I work in a purely operational role. No financial modelling whatsoever. enlightenedfinancebro
+3 bump, esp on exits for aso & above Prospect in IB-M&A
+3 Your scores aren’t as bad as you are making it out to be. Yes international status and budget are a significant factor. But, you should shoot higher try schools like Michigan, Cornell, etc. geonome
+3 I've got a degree of bias - but I'll give my two cents working there. Analyst 1 in IB - Cov
+3 Emory BBA has a solid growing presence in NYC for IB. ryanyorkman
+3 My hope, although I have zero proof, is this last bump in rates will finally lead to capitulation and the basis reset. BestPizza
+3 Kind of disagree with some details of your post. Sure, some funds can and will continue to cut fees because they underperform the benchmark or their own cheap alternative. These funds shouldn’t exist anyway. goopiness
+3 Context of where you are physically adds another layer. Dynamic in APAC is definitely different from US talent pool. I'm a sector specialist but with a global coverage, so I interact with a fair number of peers in HK. LSMacroEquities
+3 Senior housing, retail and affordable housing BestPizza
+3 You dont really have many options available.  monaco_monkey
+3 BuySideInternIs it typical for VP's to need to do everything on their own like OP has to? Or would they generally get support from the team? VP in IB - Gen
+3 My two cents as I work in credit research right now at an insurance company and worked in FIG IB straight out of school. I would say both of your options will give you what you need to break into credit/equity research. DJtheNonTarget
+3 reads like an ai slop grenade tbh, but here you go: ______ ctrl+1
+3 Overall M&A franchise (especially with this year’s performance) I would say is on par, if not slightly stronger than, PJT/MOE (their closest comps) but still need a few more years of consistent performance before we ca gru_from_despicable_me
+3 TruthToLight incoming... susAmongus
+3 Sensational stuff. New benchmark for Paradise posts! Analyst 2 in IB-M&A
+3 financebarbie: Non-TargetToMNA
+3 Loan workout division will be hiring Developer in RE - Comm
+3 "Everyone has a plan until they get punched in the face" Get your shit together, kiddo. Your life and career are barely starting. VP in PE - LBOs
+3 God how can you be a finance professional and so clueless. You think we are missing the point? Really? We understand exactly what you’re saying, we just think it’s completely asinine. Smoke Frog
+3 DEL, replied to wrong post. VP in PE - LBOs
+3 How would this affect incoming Piper interns? ConfusedDazzed
+3 Comp as An1 is 110k base and from what i was told by other analysts was around 60/70 for bonus but obv depends on what bucket you are but honestly I wouldn't have the best insights into bonuses as an intern. Intern in IB - Cov
+3 Wouldn't consider anyone who grinds to MD a loser but agree there is so much more to life than collecting checks. Associate 1 in IB-M&A
+3 You will be just fine. Friend of mine did not get return from LMM firm - landed another LMM for FT, then lateraled to EB, then to MF PE and now works at a top HF. Intern in IB-M&A
+3 This should help with management agency. Associate 2 in IB - Cov
+3 Best paradise post as of yet and that is saying something. TargetToNonTarget
+3 bump, anecdotally have heard great things of culture as of recent  Associate 2 in IB - Cov
+3 Thanks, you asking the million dollars question. I still have a long career ahead of me and trying to find a balance but if I had to choose, I would pick comp > long-term upside > learning > lifestyle Assist. VP in PE - Other
+3 Offering some perspective here (ignore title). I'm at a top target, interned at an EB and didn't get the return offer. Sr. Analyst 1 in IB-M&A
+3 er_beast TheFunkyMunky
+3 The return path to PE is largely welded shut. I’d say harder to go HF back to PE than getting into PE to start with. I’ve seen a dozen friends come to this woeful realization. Principal in PE - LBOs
+3 IsItREPE
+3 Congrats on UBS! Analyst 1 in IB - Gen
+3 Interned in fsg a few years back - really collegial culture and everyone who wanted it exited to a mf or top umm. More chill hours than m&a, but maybe not as involved in the processes generally Intern in IB-M&A
+3 I think you’re on the right path prioritizing academics, but I wouldn’t discount the athletic program you’d be joining. melo_surprise50
+3 Nothing bad has actually happened in the last 2 years at UBS. It’s a great place to work where they value junior employees a lot!  Analyst 1 in IB - Cov
+3 As an analyst 1 I wouldn’t say it’s impossible if you network hard and practice in your free time. RE GP-leds are still a good seat as well. Much smaller market with fewer buyers but growing rapidly. Generic Banker
+3 Mind detailing a bit on why you are exiting? Are you burnt out, jobs too stressful, etc? I am in your exact same boat so want to hear from a fellow peer.  Analyst 1 in IB - Cov
+3 I think if you give your name first, anon will reciprocate Amazon Prime
+3 UBS FIG is paradise wuandale33
+3 Holy Slop Jellop. Can’t decide if this is Ai slop, ragebait, or a financebro trying to resonate that he’s deep, or a mix of all. xxx1
+3 Congratulations or sorry that happened Abusement Park
+3 Not sure where you got the idea about undergrad hiring as that's not the case anymore Prospect in IB - Gen
+3 What is the end goal? Do you want to stay on the buyside and swing for the fences during your career or are you looking for stability? Mentorship also varies wildly on both MM and LO by team and manager.  LSMacroEquities
+3 Kathleen didn’t make itShe paid the highest taxes in the country on the money she made as is now unemployable  Ozymandia
+3 How is he wrong about office? CRESF
+3 . CSHouston
+3 As someone in this current “entrepreneurial” boat—I’d agree with leaning on any opportunities available in this current market. dantheman_1_01_01
+3 Expect what?  Unfalsifiable fluff? Every time you pop up, you have a lot to say until it comes time to make a statement that you might be forced to stand behind.  Then you disappear Ozymandia
+3 Personal track record a bit mixed. The public ones I put in the book all didn’t work out except for 2. A few trades went wrong with each position losing 30-50mm. The 2 that worked were 3-4 years ago. Associate 2 in PE - LBOs
+3 UBS IB is so lowly regarded they are all pretty much back office loan processors Associate 2 in IB - Gen
+3 Feels like your choice is really the BB bank or the first time fund, the rest of it is just noise. SaaSChimp
+3 That's only true for national aggregate demand though, when you start looking at specific markets there are other factors beyond basic birth/death rates. jarstar1
+3 Tufts is a middle-tier NESCAC alongside Middlebury / Bowdoin / Wesleyan that is below the top 2 of Williams/Amherst, even though Tufts is probably the clear worst school on this tier. VP in PE - LBOs
+3 Narrator: “In fact that was not the case, no one was DMing him” Analyst 1 in IB - Cov
+3 Breaking: UBS hires H1B Social Media Analyst to shill UBS and troll anyone criticizing UBS Analyst 2 in IB - Cov
+3 UChicago probably hits those numbers blastren247
+3 I think that discount is deserved honestly. RE usually trades at or below NAV so you don't get the PE exit pop, and on top of that you've usually got stale marks because no one has written down their assets L3Y. kylejackson
+3 I came back to IB after moving to a corporate role. Getting absolutely destroyed. I lament the days of having a chiller life. Personally I don't care if my job isnt that intellectually stimulating. ZIRP
+3 The vocal users on this forum are delusional. AI tools have gotten to the point now where most of what I am doing all day is checking the output of models. sappy