+41 You do realize that you’re asking a site filled with some of the biggest banking hardos to quit a job that they jack off to every night right. Associate 1 in IB - Cov
+37 My bank is ranked below what my ego prefers. That said, this is objectively wrong.  Intern in IB - Cov
+31 Feels like COVID/rates have become a convenient excuse for a decade of bad office calls. Director in RE - Other
+30 Anyone else remember that Journal piece on Brandon? It came off like someone born with a silver spoon blaming the market. It looks a lot more self-inflicted now. Associate 3 in RE - Comm
+30 To be fair the guy sounds more like a woman than a sexist Partner in IB - Gen
+29 Public markets has "Inverse Cramer" while real estate has "Inverse Shorenstein" Assist. VP in RE - Comm
+26 Family businesses are complicated SF_Giants
+25 This is incredibly gay, delete this or at least remove your identifying info. You haven't even been in spindle for a month bro. Intern in IB - Cov
+22 Is Danielle Shorenstein at Prospect Ridge related? She’s sharp AF and ex-Blackstone  Senior VP in RE - Other
+19 Senior VP in RE - OtherWhy isn’t she involved in the family business? IsItREPE
+18 Idk if I’d be bragging about buying $2B of core office with the 10Y UST up 1.25%. Not a lot of room for error on those deals. Curious where they mark today Associate 2 in RE - Other
+17 Interesting Senior VP in RE - Other
+13 I'll bite on the RX names (pursuant to my comment above).  Associate 2 in IB - Restr
+13 Looks more like incompetence than bad luck. Analyst 1 in IB - Gen
+12 Not a banker but I do manage people and I imagine it all happens for similar reasons. You probably won't get this until you're also managing people but nutmegger189
+12 He left office entirely for R&D/advanced manufacturing. After ten years with a front row seat to Shorenstein's portfolio, he chose a different asset class. Says a lot. Senior VP in RE - Comm
+11 Beyond a baseline of technical competence (which isn't that high; this isn't rocket science and you're expected to learn a lot on the job), so much of hiring is fit, not knowledge.  CRE
+10 Gonna preface this short thought by saying that the MBB name is very prestigious. CFO in CorpFin
+10 I’m going to give a few thoughts on this. Apologize if this comes across as being blunt; just how I write. Investment Analyst in HF - Event
+9 Is this “friend” in the room with us right now? Intern in IB-M&A
+9 Think the answer really depends on what type of secondaries you’re doing. Associate 1 in PE - Other
+9 I can tell you needed to get this off your chest. And if you feel vindicated by it, then that’s excellent for you. What works for some may not work for others, and vis-versa. Associate 2 in IB - Restr
+8 Mostly agree with the Moelis analyst above, but I'd push back on a couple of points. I'm a first-year associate at an UMM fund, for context. Associate 1 in PE - LBOs
+8 BIG GION PM in HF - EquityHedge
+8 I think this is a reasonable minds can disagree situation with an added layer of prioritizing / valuing different things. ravena
+8 Also hearing they're holding onto a lot of the legacy portfolio even though they're way out of the promote. Hard not to wonder how much the fee stream factors into that. Senior VP in RE - Comm
+8 stop thinking like this is another “path”. this isnt PE or IV where you just mindlessly crunch numbers and build ppts. only enter LS if you absolutely love it. equitystrat
+7 bro is getting shunned by his peers Intern in IB - Cov
+7 WF is top 5ish in league tables. To rank them with BMO and Cain is laughable  Analyst 2 in IB - Cov
+7 Associate Director in IB-M&A PM in HF - EquityHedge
+7 Why isn’t she involved in the family business? Senior VP in RE - Other
+7 I worked for McKinsey and work in RX now. Some unstructured thoughts: hansdieter1
+7 Joining the military is always an option.  thisisanexampleofausername
+7  EVR midstream is almost irrelevant this year. On none of the big deals. 4 strongest midstream shops are Barclays, Jefferies, RBC, and Mizuho. Barclays: Momentum (5.5Bn),  Brazos Midland (4.4Bn) Associate 1 in PE - Other
+7 Lots of copium from the PE b0is here lol. You leave PE, you ain't going back. Benson Says
+6 Your experience is not abnormal, especially if you aren’t coming from a banking background. Associate 2 in PE - LBOs
+6 Of course, happy to answer questions. Associate 2 in RE - Comm
+6 I don’t buy “pigeonholed”. ravena
+6 This sounds awful. Do people really organize extracurriculars around people who only work in finance? ravena
+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 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 Some quick thoughts. Ignore title. Associate 1 in PE - Other
+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 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 My advice can be boiled down into a few main buckets: Associate 2 in IB - Restr
+6 OP sounds pretty toxic… Investment Analyst in HF - Other
+6 ok will continue exercising everyone and losing deals on purpose tinyrat
+6 “I’ll be entering a more creative era” - OK bro. Create deez nuts on your chin Dick Long
+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
+5 not remotely true. I've seen tier 3 rx co guys go to hl. it's self selection if anything since most of them either stay long term/ chase the cfo exit Intern in IB - Cov
+5 i think GPUG and NY Tech do modeling in house... think M&C splits modeling with M&A. Networking with school alum could be beneficial beforehand. Intern in IB-M&A
+5 There is structuring, but the guys that are really doing it in an interesting way are the pref providers not the equity providers. ravena
+5 The answer is clearly to speak up. SaaSChimp
+5 Great stuff here, thanks for sharing and for the transparency. Best of luck going forward, sounds like you are on the cusp - be it this go around or another. Just a brutal market. Developer in RE - Comm
+5 We don’t care lil bro Amazon Prime
+5 Someone is upset that a lot of Nigels VPs make low 7 figures and his SMDs closer to $10M… the credit secondaries bankers that got traded around the last year? ravena
+5 B27B Managing Director in IB-M&A
+5 er_beastFunny how oblivious the typical finance professional is. Most haven’t taken the AI-pill. TheFunkyMunky
+5 Why be in this business not to make money?  Its really hard to create real money in this business without taking large risks.  This is one of the riskiest businesses out there.   Ozymandia
+5 just to add to this great answer...clearly it doesn't mean every person with skills/desire/confidence/work ethic makes it...but the types that do are the ones who know they would figure it out a million different ways if t Research Analyst in AM - FI
+5 Irrelevant. Haven’t closed a single deal since LLOG Associate 1 in PE - Other
+5 I have friends at FAANG and at YC-backed startups that have not written a line of code in years. Everything is AI. Claude Code... Codex... They literally haven't opened up an IDE in years.  marlin_pardon2
+5 Senior investment professional at a MF here. Ignore WSO title. Principal in PE - LBOs
+5 I wrote a detailed summary of how the RX groups currently stand on a different thread. Associate 2 in IB - Restr
+5 Tons of terrible advice here, likely from your peers that have at most, the same amount of experience you have and likely at lesser firms. The only right answer is leave asap. Principal in PE - LBOs
+5 Need to get a top MBA/MSRE (though I’d lean toward MBA personally). It can not be a bottoms tier program especially in this market - if you can’t make it into a top 50 program don’t bother. patrick_bateman_
+5 DEL, I read this wrong. VP in PE - LBOs
+5 OP here. Fair question. The reality is that all I have ever done is invest (other than my initial IB stint out of undergrad), be it private credit or what we're doing in my current seat. Principal in PE - Other
+5 My opinion is to go for a MBA.  That means getting your PE and “finishing” (wrapping up) your experience as an engineer.  odog @digitalimmortality.com
+5 There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say, we know there are some things we do not know. VP in PE - LBOs
+5 Investment Analyst in HF - Event hansdieter1
+5 I gotta be honest man. I use Claude all the time for stuff. I have no idea wtf you’re talking about. larry david
+5 Here’s how I’d bucket it based on interacting with all of these buyers. Generic Banker
+5 RX at almost every shop exits better than almost any M&A group out there. It’s just much more competitive to get and candidly people self select for those roles. Evercore is no exception. Analyst 2 in IB - Cov
+5 Serter: Non-TargetToMNA
+5 Summer Associate in HF - EquityHedgeam student so apologies if anything is nonsensical PM in HF - EquityHedge
+5 I'm surprised you don't seem to approach this from your own personal interest/reputation perspective. MMPM
+5 You messed up not being born into generational wealth and to a real estate father with deep market connections.  (Also, bump, now that this is back in RE where it belongs.)  CRE
+5 Coverage, always can go pca later (always looking check linkedin). Moelis also not top three. Works at JP Morgan Securities
+5 More akin to a PE fund but not a 'traditional' one.  Associate 2 in PE - LBOs
+5 That's Brandon's sister SF_Giants
+5 DeterminedAs one "old guy" to another, it's always good to have experienced folks giving back to the community. PM in HF - EquityHedge
+5 This got me so fucking amped. Buddy just kept grinding and made it big. Hell yeah brother. About to go obliterate the weekend for my juniors. VP in IB - Gen
+5 sams3 PM in HF - EquityHedge
+5 PWP (rest) to A-, PJT M&A and MOE (rest) to A. Analyst 1 in IB - Gen
+5 unluckybanker Non-TargetToMNA
+5 There are significantly more ways to fk it up versus acing it, so keep it simple with the below framework (hint, it’s not that different from a normal coffee chat). Associate 2 in IB - Restr
+4 ojapar20At the end of the day, results are results. TheFunkyMunky
+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 It's like working in sauna.  Bulls_and_Bears
+4 The point of the MBA is to rebrand from a A/E construction guy to a finance guys. If you skip the MBA and just want to work as a CM for a developer you don’t need a grad degree to do that you just need to pivot to CM. patrick_bateman_
+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 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 This is such an idiotic post. You’re selling yourself out as a prestige-chasing weirdo, making your Spindletop class look bad, and furthering your school’s reputation as a nepotism and crybaby factory. iamanoilhead
+4 Could be a timing thing as well, asking when you’re trying to get a deliverable out normally isn’t the best time but simply asking to revisit and explain the ‘why’ once things are a little quieter is normally a good compro ACATS
+4 PM in HF - EquityHedgeSummer Associate in HF - EquityHedge Analyst 3+ in IB - Gen
+4 Hi churn at the junior level. Comp in London is quite good from what I've heard, but you will work hard. Analyst 2 in PE - Other
+4 Complete scam. Avoid at all costs.  Prospect in IB - Cov