+3 Wells Fargo is paradise.  Works at Wells Fargo and Company
+3 Totally not a surprise that the talent drain is happening post acquisition.  Intern in Non-profit
+3 delete Analyst 1 in IB-M&A
+3 Interviewed for an internship there almost 10 years ago. Was not impressed at all. Investment Analyst in AM - Equities
+3 Solid read, not solid bank Analyst 1 in IB - Cov
+3 Wish_I_HadTrustFundFollowing so I can see PrivateTechEquity give the most smooth-brained response In b4 Somalian day cares  dukeblue2019
+3 Hey I’m the poster here. Not sure if we are at the same firm (crazy if so). Appreciate the colour. Analyst 2 in IB-M&A
+3 Mandatory Booze Test – Every final-round candidate should be taken out for 3-4 strong cocktails. Associate 1 in IB - CB
+3 A lot leaving voluntarily too.. once you have enough saved and if you don't think your carry is worth much (or $0) the golden handcuffs get a lot looser. kuf135
+3 I don't know if its me but its pretty rare but anyways. I think someone always takes a day off and it doesn't ding them just flag it before hand and you'll be fine bestman222
+3 Work separately on different floors/buildings so not very integrated as do not work (rarely) on same deals ie juniors + seniors only work within DB / Numis deals and not cohesive (heard different culture across both as wel carrotsandapples
+3 Gus Fring from breaking bad.  parkeranger
+3 Lol shut up bro Claude replacing you next quarter Analyst 2 in IB-M&A
+3 Isnt it very hard there and a sweat shop with no exits?  bestman222
+3 Oh c’mon man, you are so full of shit. The claim that “slaves built this country” is a significant exaggeration.  Slavery was economically important in the antebellum south, especially for agriculture. Associate 1 in IB - Cov
+3 I don't think there's a tried and tested way to land at a REPE MF. That being said both degrees could land you a role at a good REIB group, which has the highest chance of getting to a big name. Analyst 1 in RE - Comm
+3 Hear you there. At a BB rn and our CEO openly said it’s time to automate KYC and lower headcount. Associate 1 in IB - Gen
+3 Barclays will never successfully break into the US, it’s not like they can just buy a bulge bracket American bank, keep all the people and change the name on the door. … Murphy_1827
+3 Aren't existing funds kind of screwed given the de-rating we have seen in public markets + likelihood that generalists likely won't be buying many software assets any more? Research Analyst in AM - Other
+3 Get ready to work with the most unmotivated people at associate and above ranks who are only at the firm because of their visa or because they are so bad that they cannot leave. Analyst 1 in IB - Gen
+3 Lolz NexPoint that place is a joke. Their REIT, NXRT, is such garbage. Everyone in Dallas saw that thing tanking.  Our brokerage shop refuses to send them deals. Our MDs generally look at the place as a joke. QueefLatifah69
+3 Haveli and 26North are pretty clearly rocket ships. You don’t become a billionaire in PE without being elite at the job. Associate 1 in PE - LBOs
+3 Sure.  But this is a job.  You (generically, not you specifically) are getting paid.  A lot.  Your employer does not "owe" you reps - you are exchanging your labor and skillset for a paycheck. Ozymandia
+3 WSO tends to over-index on prestige, and part of that is the appeal of belonging to a small in-group that rejects most applicants. Associate 1 in PE - LBOs
+3 This feels like way too broad a generalization, and some of the views particularly the payment / analytical apps point is just wrong. Associate 1 in PE - LBOs
+3 People in Charlotte largely hang out at Ruby Tuesdays and similar chains.  CRE
+3 Having recently recruited for lateral roles with a few EBs, the sentiment I've gotten from seniors I spoke with is that they want/need to shift away from their old model of poaching rainmakers from BBs and developing that Associate 3 in IB-M&A
+3 As many as it takes Research Analyst in ER
+3 At some point last year I knew I couldn't be doing ops for too long so I waited just enough to ensure I don't get pigeonholed into that role, even though I worked at a BB. dude2
+3 Outlook? more like “look out” below because UBS keeps falling down the league tables Analyst 1 in IB - Cov
+3 Again, they're trying to have it both ways. Not that long ago they were going all in on ESG saying that they need to look beyond just profits. Associate 2 in IB - Cov
+3 congrats on Pierce & Pierce Retired in Legal
+3 MS person(s): Holy shit take a joke seekinthealpha1
+3 I actually think we do agree. All MFs are beta-like, including CD&R. If your objective is simply to maximize returns, taking a basket of small and mid cap specialist managers is the way to do that. pmoon212
+3 This is helpful, thanks. To clarify, this is not a startup venture--we started this company about ten years ago and it has grown to $3B in developed assets since that time. Developer in RE - Comm
+3 Happened to me - very similar setup. Had a rough go of things and never really recovered there. Had previously done well at good shops prior, and went to a different shop and have done well here. VP in PE - LBOs
+3 yeah very difficult. they need to believe they will sell it and when you are just starting with no momentum, these boutiques dont want you really because you are taking up shelf space for other brands that will sell Associate 3 in RE - Comm
+3 they're both part of R1 interviews. yeetyeet123
+3 no it’s fun actually to do memos for LF financing deals at 2 am with visa slaves and mentally deficient ASOs/Ds who couldn’t exit. Way better than spending time with friends or family!  Analyst 2 in IB - Gen
+3 That’s cool but if you could answer my superday questions that’d be great. Ideally before Sunday 11:59pm Jeffery Montenbeauberg
+3 9.6% + 0.9% = 10.5%~1.123 mm - 1mm = 0.123mmNPV>0, accept  Analyst 1 in PE - LBOs
+3 "Sorry wrong chat" Intern in IB - Gen
+3 Hi, Analyst 1 in IB - Cov
+3 This thread has me slightly confused. Do SAs actually think they can meaningfully contribute to a deal?   Amazon Prime
+3 I second this sentiment. Was recently working with a recruiter, went through several interviews, met CEO and senior leadership, background check, checked references, discussed salary & equity I would accept. VanillaGorilla
+3 Thank you for your reply. This is very helpful. A few additional thoughts:  marlin_pardon2
+3 When I was young I dreamed of creating extra pages and aligning formatting across product and coverage teams for internal memos past midnight everyday. UBS is truly paradise. Analyst 1 in IB - Gen
+3 A2A exits per Dimon Associate 2 in IB - Cov
+3 SEC loves busting the little guys Intern in IB - Cov
+3 I am gonna start thinking EB's 30 YO VPs aren't fat because of WLB... Proud_Monkey
+3 CRESF wasn't talking about how real estate wasn't fulfilling fantasies anymore. He was talking about how most of the sentiment is about not having a paycheck or some level of income. Associate 3 in RE - Comm
+3 Hear yourself. That is what you already doing in ib.  Analyst 1 in IB-M&A
+3 I've seen many at my MM firm (across multiple funds/strategies) stall out at VP/SVP level. Mix of getting pushed out/involuntary, or opting out to go entrepreneurial/first time fund/more skin in game/better culture. Associate 3 in PE - LBOs
+3 Interesting, would have been nice to be part of the Sinaloa-CJNG merger. Would have gotten a big bonus without a doubt. AnonymousUser410394
+3 Fat fucking losers dukeblue2019
+3 Ur probably at Harvard because thats the only school where complex analysis and econometrics would be considered hard. Yale and Columbia are easy schools as well. no_home_jerome
+3 Got an invite on Friday. Does anyone know what it leads to? Their website says it's a 1.5 day event but I thought in previous years it was a week long techalthfa
+3 Analyst 1 in IB - Gen
+3 Mid analyst placement is MM. I did my analyst stint at Goldman classic, mid placement was MM PE for GS classic. Simply do the math on how many UMM/MF spots there are vs. Associate 1 in PE - LBOs
+3 Was at EVR/LAZ/MOE until fairly recently in a top-performing group. All-in for asso1 was $425–450k (source: me and the guy who sat next to me). Neither of us were top bucket Associate 2 in PE - Growth
+3 100-130 for associate 2. 20-30% stock. EM this year you will likely do better. Good luck on Monday. Associate 1 in IB - Cov
+3 I, for one, can't get past the hilarity of a Citi employee referring to others as "retards" Director in IB - Gen
+3 Idk if Berkedia or CBRE are looked down on since they are typically a top shop for volume, didn't really have any fallout from the broker fraud investigations, and have some decent IS bridge to agency volume. VP in RE - Comm
+3 HuskiesREguess who was part-owner of BiggerPockets? Such a punchable face  Rick Kane
+3 If you are paying for consultants for the opco and acquisition, you shouldn’t be doing this. Just spend a year working under someone who has done this already acardboardmonkey
+3 Anonymous Monkey: Please enlighten us with your counterargument. I know you might be busy with your intern tasks but I’ll wait. KardashevScalingUp
+3 Money can't buy you class. What ever happened to good-manners?  If you put that scene in a movie or a book people would probably complain of it being unrealistic.  moneymaker03
+3 So here’s the thing, and this is someone who did ECM at first, went to M&A and then boomeranged back to ECM. Analyst 1 in IB - Cov
+3 There is nothing more american than immigrating to this country and working long hours for below-market wages to build a better life.  Associate 1 in PE - LBOs
+3 Arbor has had a decent amount of leadership turnover due to the fallout from many broker issues (Meridian). VP in RE - Comm
+3 Everyone glaring at you is right. It's rule number one: you don't talk about bonuses and private equity in public if you don't want to be the most hated person in the room. elsizinie939
+3 Based on deal flow and quality of deals 1 - PJT 2 - EVR/HL3 - Moelis, PWP/ Lazard4 - Gugg, CVP, GHL4.5 - Jeff, Roth, Ducera5 - MB, GLC Analyst 1 in IB - Gen
+3 One of the most toxic REGL teams in London from what I've heard Analyst 2 in RE - Other
+3 If I had 4.5 at 22 I sure as fuck wouldn't be here. Not to say I would retire because that would be boring as fuck. But I'd just start taking moonshots nutmegger189
+3 On a serious note - would dress full suit for the first week at least to see what the vibe is (some groups are more chill than others).  Analyst 2 in IB-M&A
+3 What country do you want to work in? The pathway in the US as an international is largely closed right now, hardly any firms will sponsor someone who needs a visa.  Associate 3 in IB-M&A
+3 No PE funds are gonna cut juniors entirely to save 2-3% of annual revenue (assuming 15 junior IPs for a 10bn fund —> 200m FRE for 350k * 15 = 5.25mm annual junior comp) and make VPs do extra work everyday prompting AI a Analyst 1 in Non-profit
+3 My dad gave me advice as an immigrant who started on the factory floor and made it to C Suite F500, he always dressed, walked, carried himself and tried to talk like the people in positions he aspired towards and eventuall Analyst 2 in IB-M&A
+3 do people only spend 20 hours on those take home caes? I think the ones I was assigned require more time than 20-25... Investment Analyst in AM - Equities
+3 There are some posts where you just know OP was a private school kid growing up VP in PE - LBOs
+3 The following banks haven’t started their SA27 processes: - Oppenheimer- PNC- M&T- Credit Agricole- Fifth Third thelegend272829
+3 Tell them where you wanna exit to too, they'll be happy to arrange that nooneinparticular
+3 Congratulations on the offer. If you value commuting, Hell's Kitchen is nearby and affordable. carryfee
+3 Yes Europeans aren't even considered real people until they have a masters. nutmegger189
+3 Incoming freshman on wso for 3 years 💀 ; the best advice would probably be learn to socialize Intern in IB - Restr
+3 If you don't see how DCM contributes to the same system, you're either lying to yourself or haven't been paying attention. Not my job to wake you up. Analyst 1 in IB-M&A
+3 I would Investment Analyst in PE - Other
+3 We're just finishing up our SDs at one of the target schools (Wharton/CBS/Booth) - Overall desirability across our and previous batches was EVR/CVP/PJT (whoever gets M&A at these usually takes it over top BBs) -> GS Intern in IB - Cov
+3 Apply for Central & Eastern Europe coverage roles in London/Paris and you're golden. There's some out for Jeffries if I remember correctly. Prospect in Acct - Other
+3 Has anyone heard of RedBird Advisors? From my knowledge RedBird Capital doesn't have an advisory arm but I have no idea who else that could be. Google also didn't turn up any results Analyst 1 in IB - Gen
+3 I’d say our biggest value differences can be summarised as me being very focused on taking ownership of life’s problems, and her not. pants_pooper_67
+3 Pod at the top is nefarious. Citadel sure but Point72 hell no who is taking Pod over GS TMT or PJT RSSG where ppl have routinely exited to tiger cubs crazyplayer135
+3 None of these actually concern me except for values. DrXander
+3 There are probably 20+ hedge funds in NY alone that have $10-50 billion in AUM but 25 investment professionals. Managing Director in HF - Other
+3 read some jung son Analyst 1 in IB-M&A
+3 Honestly just mute it. Sounds like performative anxiety to me. Half of those kids are prob lying, and the other half are going to burn out before training week even starts. Associate 2 in IB - Gen
+3 Wow, CONGRATS!  that's crazy and makes me feel EVEN older.  Realize now the students using the forum could theoretically be my own kids if I had had kids earlier. WallStreetOasis.com
+3 if you didn't get interviews for S&T this year, something must have gone wrong with your CV in my view because the hiring for London was weird this year in a unique way but still doable if you knew what was going on.… Prospect in IB - Gen
+3 If you were about to have a life or death surgery, you wouldn't care how much you paid the surgeon, you'd care about how much experience the surgeon had with similar situations. Associate 1 in Consulting
+3 VIC, FT/WSJ/Bloomberg but honestly it’s mostly moved to twitter (well curated list is required) Anchor