+2 No user is wildly misinformed. Have worked at a reputable MM M&A group (WB/HL/Piper) as well as a top BB Levfin group. Nobody cares about this. rolo25
+2 Well good news for you, if CA institutes this billionare tax and Mamdani's proposals are implemented (even just some of it) then a big portion of finance & tech jobs will then relocate to Nevada / Texas / Florida / Nor therealgekko
+2 Heard 3-4 kids already got offers cause they accelerated with point CEO in IB - Cov
+2 From what I know about Tech, it's closer to 60-70 in normal weeks and closer to 90 on bad weeks. Other mid-tier groups like HC are closer to 80 in normal weeks and closer to 100 on bad weeks. Analyst 2 in IB - Gen
+2 Group and people dependent. Mentorship is really something that ends up happening informally when you work with the same few people commonly on deals. Analyst 2 in IB - Gen
+2 If you could tell MV or IB leadership one thing, what would it be? Associate 1 in IB - Cov
+2 I said coverage group not fake group. Sponsors does not do anything and keeps firing juniors. Good luck trying to find another job from a group that does nothing but sponsor books. Analyst 2 in IB - Gen
+2 Wall Street happened.  No one seems to respect businesses that do a good job, are going concerns, and don't have plans to grow by double digits every year.  Where was Chipotle supposed to go? Ozymandia
+2 Make her pay during a first coffee chat, schedule a second one, and stand her up (repeat as necessary).  Associate 1 in IB-M&A
+2 I worked at MBB and there were some brilliant MDs. But tbh the average MD-background new-joiner did not really impress me.  Associate 2 in PE - Other
+2 Analyst 1 in IB-M&AWSO hates Indian people, you probably won’t get helpful responses on here VP in PE - Other
+2 2 YOE Debt Fund Tier 1 market +/- 300k target 60-70 hours Investment Analyst in RE - Comm
+2 Thing is that it's not just the 2020 fund but also the 2022 one in terms of where things are marked. It's not a good sign when you have 2 bad funds, really hard to justify it. Associate 1 in PE - LBOs
+2 The biggest question isn't UBS's brand it's whether analysts are getting enough live deal reps during the integration. catherine2
+2 Everything you just typed out is objectively wrong based on my experience at a top 3 DUS lender. "To make ~$100k a year you would need a client w like 5k units" Get real, milkyway. Associate 1 in RE - Comm
+2 The quality of the PM and senior analyst matters more than whether it's MM or LO. A great mentor can accelerate your learning far more than the platform itself. catherine2
+2 Super helpful answer! Research Analyst in Research - Other
+2 Banking is only better than MBB if you are dead set on PE/HF or Corp Dev. MBB is significantly better for corporate strategy exits/owning a P&L/joining a top startup. Intern in PE - Other
+2 Good point. there are a lot of founders that are failing, but the ones who develop and scale understand deeply how money works. Hedi Mesme
+2 Really depends, some promotions are so political and other coworkers might get screwed in the process. At least where I'm at right now, that's how it is. NewIndustryHorizon
+2 There isn’t a single political party that’s serious about cutting public services or welfare either It does seem like the US is creeping towards a large state too  TopBoy.-
+2 send an email to sadiq khans office wallstreetbroker
+2 If you lift heavy / low volume, it can drastically cut down your time in the gym. NewIndustryHorizon
+2 tf else you wanna know Associate 3 in PE - LBOs
+2 This is a really important point. Every co-GP deal I've been a part of has a Reimbursement Agreement and JV Agreement. CRE Mamba
+2 I think this comes from the old way of doing business... 30 years ago, people who were running businesses had all the same story : high school, finance, ... Hedi Mesme
+2 Correct. You can confirm this with most DEI disclosures put out by banks. Asian / Brown / Arab men are not DEI.  Analyst 2 in IB - Cov
+2 Very strong. The most revenue generating vertical within the Greentech team in recent years Analyst 1 in IB-M&A
+2 Look at the recruiting pipeline, the interview difficulty, and the competition in the job market. Investment Analyst in PE - LBOs
+2 Dyal should get an honorable mention Prospect in IB-M&A
+2 Not really the advice you were looking for, but I would recommend keeping post grad options open to include asset mgmt/portfolio management too - not a lot of acq openings rn on the jr level jCRE_1
+2 FLDP, please don't overhype a strategy role at a Big 4 for yourself... Business School in CorpStrat
+2 monk monkeyThoughts on businesses?AdsLeadsContentBusiness services? VP in PE - LBOs
+2 I mean, that isn't exactly fair.  You get paid a salary.  The office rent needs to get paid.  Where do you think that comes from? Ozymandia
+2 I went through something similar and one thing that helped was changing my idea of what counted as a proper workout. anistongeller
+2 I'm not sure it's such a big deal. PE is super busy, but you also have periods of downtime. overandout
+2 Feel like it’s not useless because the goal of a college education should be to learn how to think etc, not solely vocational. omsos20032
+2 UBS has fallen off a cliff. You can argue the legacy brand still makes it slightly more attractive than Wells, but that’s not a place I’d want to work at right now. Their IB division is an absolute mess. herbachino
+2 Good comment. The highest paying jobs are the ones that reward intelligence and creativity. The more sales oriented jobs in finance require less of both and it’s not surprising there has been wage compression.  Managing Director in S&T - Equities
+2 at the end of the day it’s not that deep to me but I noticed it while out yesterday. Analyst 1 in IB - CB
+2 OP - as someone with 10+ yrs experience in IB/PE (now VP in MM PE) would 100% agree with this. falconeagle
+2 I actually don't think that's the case. Assist. VP in RE - Comm
+2 I've seen some of these on my X feed. My take is that if you're gonna build a public persona around your profession, you better be a goddamn machine at it. VP in PE - LBOs
+2 "Smart, conscientious, and financially literate types are a very rare commodity in the construction world" Do you mind elaborating? How much financial literacy is needed in construction? Fred Fredburger
+2 I got hit head on by a speeding Chevy Silverado truck traveling on the wrong side of the road while on my bike and (luckily) flew onto the sidewalk with some injuries. odog @digitalimmortality.com
+2 you think dudes are hoping their VP approves of their fit at the bar ? Most guys in finance seem to generally not really care about their "personal style" or "expressing themselves". Associate 3 in PE - LBOs
+2 My interactions with: odog @digitalimmortality.com
+2 Why do I see a new UBS hate post every week on this thread? Is this just one jaded ex-analyst that made 20 different WSO accounts just to post and hype himself up. It's getting tiring T_Dog
+2 I worked at McK and had the feeling it is not so hard to get in anymore tbh.  Associate 2 in PE - Other
+2 What nationality or race are you - African or Chinese? You have to think hard about what edge you have. kil
+2 Update to all, recheck your portal I had this issue but I believe it has been fixed! Django@NYC
+2 Pass her (resume) to the homies Amazon Prime
+2 Marco and his gang of 8-10 loyalists did the equivalent of a white collar heist. Get all your (mostly incompetent) buddies massive paydays while driving the IBD performance into the ground Managing Director in IB-M&A
+2 Fair enough. I probably won’t go for the MPhil right now but it may be something I get down the line in my life when I’m older and retired. Donkey from Shrek
+2 Nothing is impossible mate. Network as much as you can. Corp Banking is a really sweet gig of good WLB to comp. Associate 1 in PE - LBOs
+2 More broadly to the actual question of the original poster, I do think some banks are more relationship oriented, while others are much more firm on amendment and stuff. PuppyBackedSecurities
+2 yuck1 CRE
+2 Hey,  Analyst 1 in IB - Cov
+2 Do you have a tldr of the real deal article? Lol, I mean fs you’re right but what are they supposed to do, stop doing business w the brokers? Analyst 1 in RE - Comm
+2 Firstly this amount of detail probably is enough to identify you easily so would edit / delete if I was you. A valid reason to do this would be if you wanted to do a PhD and go into academia. Analyst 2 in IB - Cov
+2 I work at one of the above mentioned shops, analyst and associate comp seems pretty high especially for the associates. Analyst are maxing out at $150K and Associates ~$210K. TORONTO REDEV
+2 We interview everyone from GS TMT to people from lower tier BBs for on cycle at my top UMM firm. VP in PE - LBOs
+2 Most of those people don't make it through law or med school. It's a whole other world once you actually get into those schools(if you even do). Also, some schools bias one way over another. usernameladiesman217
+2 I am not sure Golden Gate has terrible culture per se, just very unique. They are all nerd hardos who are socially awkward historically, but I know a couple of nice people from Golden Gate. VP in PE - LBOs
+2 If I had a second life, I would have started in real estate development 10 years ago. I run an operating business now and cash flow well. CEO in PE - LBOs
+2 would highly recommend that everyone recruit out of bofa sooner than later if you plan to work in ib through your VP years. Analyst 3+ in Private Credit
+2 “Have worked at multiple pod shops”. Think you’re part of the problem bud  Investment Analyst in HF - Other
+2 PM first. industry is second. Analyst 1 in HF - EquityHedge
+2 I highly, highly doubt this Works at Morgan Stanley
+2 Ask your friends at wells how many got on-cycle offers a few weeks ago, you can also look at exits from last year for both banks and you can see who clearly placed better (even from some groups that would be considered wea Incoming Analyst in IB - Cov
+2 I don’t disagree that AI in its current state hallucinates and is not a direct replacement for people but how can you say no one is willing to pay for it? kuf135
+2 golub is a MM/UMM flow shop so they’ll compete against Ares/Apollo on the high end and Antares/MidCap on the lower/MM end. I’ve heard comp is great and people like working there. Associate 1 in Private Credit
+2 Being in Spain/the EU is already a bit of an advantage. McQuilling has an office in Madrid that they're building out as their London office shrinks. Analyst 1 in IB - Gen
+2 I don’t work in the field, so take this with a grain of salt, but it seems to me like if your friend wants to go into any public markets investing role (LO or L/S), he should go for the Fidelity/Wellington type offer, as t TheFunkyMunky
+2 Drop the University consulting club experience and expand on your searchfund and investment banking internships. 3 bullet points 2 lines each to fill the space. Prospect in Research - FI
+2 London based here and I have done 3 years in banking and 1 in PE. Associate 1 in PE - LBOs
+2 Not at either of the two, but know a limited number at each, and based on what I've heard, A&M pays measurably better, but Alix is more stable. Associate 3 in HF - Event
+2 this might be a hot take, but it seems like you enjoyed the stability and certainty of banking. Associate 1 in IB-M&A
+2 GS under Blankfein
+2 Wow you have so much of your career invested in UBS. I hope they end up fine so your life doesn't come crashing down. Associate 3 in IB - Cov
+2 https://www.lseg.com/en/data-analytics/products/deals-intelligence/glob… Analyst 2 in IB - Cov
+2 A bad analyst is someone who is not putting in 100% effort, logs off over the weekend and is not responsive, and doesn’t learn from their mistakes. PlzFixThx
+2 250 all in as a new grad working typical hours (50-60 per week) on the buyside is standard. If you’re working more than 60 hours or at a more prestigious firm you can definitely expect 300+ as a first year QR. Analyst 1 in HF - Other
+2 Idk man the goalposts just shift once you get in. What counts as “making it” at 22 isn’t the same as 30. Associate 1 in IB - CB
+2 No, unless u defer it pays out like a week after they’re announced (on a regular pay cycle). pachimp1
+2 I work at an EB and we run credit checks to make sure that analysts can pay proper tips to their MDs Analyst 2 in IB - Cov
+2 Hey, I’m one of those “multi-internship Europeans.”To be more specific: • Business Tax and Audit at a Big 4 • Valuation/Modelling at Parthenon • Strategy Consulting at two leading consultancies washmala
+2 I am an Erebor client and long ago worked at a commercial bank. podfather
+2 What you’re talking about doesn’t happen very often so it’s hard to say what the best practices are.  I know of one guy who did it (industry to equity research) and his was networking based.   oil_quant
+2 You'll come to find that settled case law on most issues, even when SCOTUS gets involved, usually takes a decade or more before it stops seeing challenges and uniformly effects institutional behavior. PrivateTechquity 🚀🚀🚀
+2 An AI agent can already do all of this ... We have to understand that there is no original ideas anymore, tomorrow, 1000 new way to use AI will emerge. Hedi Mesme
+2 People wise it’s all ex GS Italians so unless you fit that mould I wouldn’t bother TheGrillMan
+2 Can you combine #1-2? You don't need to treat the family business as a lifestyle business. Run it with an eye towards really scaling - even if the focus is more organic. The Real Donnie Azoff
+2 There are many threads on this already, but Harvard UG > Harvard MBA and it's not even close. Irehdna
+2 Kinda dated thread, sorry, but how does comp compare to IB, at the analyst level (assume T1 RX co vs T1 IB)? I know comp shouldn't be the primary concern so early on but curious to know.  Analyst 1 in Consulting
+2 The reality of PE recruiting is that headhunter coverage varies a lot by person. I ended up at a $15bn+ UMM fund, but only two headhunters showed me UMM/MF roles. Associate 1 in PE - LBOs
+2 Has been improving over last couple years. Competitive industry but there’s been a few solid senior hires so should improve over the next few years Intern in IB - Gen
+2 readthe10kCongrats on the move. Questions for you -  mw13
+2 why plusherelf
+2 Curious Associate 1 in IB-M&A