+2 I'm in LMM PE and know of several VPs and Principals that have recently left their firms (including mine) and left carry on the table (not that it's worth much at my firm). Associate 3 in PE - LBOs
+2 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
+2 If i were you i would change your resume address to Chicago, and focus on applying to market rate associate roles in Chicago (middle market, wherever). Find an alumni connection in ER to talk to for every application. arbjunkie
+2 Some modest progress in Tech, mostly some basic ECM wins. Analyst 1 in IB - Gen
+2 Wouldn’t touch M&T, M&A, FIG with a 10 foot pole  Associate 2 in IB - Gen
+2 Thank you, Larry David! Tame Impala is the name of a band from Australia (although the band is just one guy, Kevin Parker, with the exception being when he performs live). Fast and Fiduciary
+2 Has been the case in 95% of the UBS threads, dude and friends usually have decency to switch to alts sometimes when posting. Associate 2 in PE - LBOs
+2 Literally any economics degree from a top target should do just fine, and worst case you can still find a solid job in a good field with that degree. Door
+2 People in Charlotte largely hang out at Ruby Tuesdays and similar chains.  CRE
+2 Ok, thanks for the comment. Didn't mean to be cocky haha. WSOBURNER69.
+2 https://m.investing.com/analysis/ubs-the-fragile-facade-of-a-postmerger… Associate 3 in IB - Gen
+2 Interesting, I thought MDs made careers through focusing on the details? Figures below suggest you are wrong. Associate 1 in VC
+2 Great sign. Would find it weird to get 24 hour rejections by phone. xystyx
+2 I don't think a Master's in Accounting/finance, especially at a target school, is a terrible idea. Buys you some time to network and position yourself better for a solid job that you can use to lateral. ProFormaAdjuster
+2 You for sure do - after a 2-3 week deal sprint, the right word to describe me is gaunt.. must be partially due to the calories burned thinking for 18 hours a day.. I'm certainly not exercising during this time. kuf135
+2 New AI tool just came out that can build complex financial models for you. Its better than most analysts already. Analyst 1 in IB - Gen
+2 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
+2 Totally disagree with above comments. The guys on this thread think too much like CLO investors and not enough like equity investors. Managing Director in HF - Other
+2 To be fair, it’s a marquee sponsor exit into the public markets, and UBS getting a co-lead spot is notable given the context. Analyst 2 in IB - Gen
+2 Georgetown grad, grain of salt, etc. 2 years IB and now moving on to buyside. Tossing this in here for any future decisions people have to make. Analyst 2 in IB - Cov
+2 Based on brokercheck it looks like it’s just a handful of senior bankers badged to the office, that’s also used by non IB coverage UBS groups Analyst 2 in IB - Gen
+2 Saying one banker is good because they got on 1 IPO deal in the 2/3 seat is comical, but the state of play for the team Associate 3 in IB - ECM
+2 Interesting thread! Coming from a line of business founders and owners, you have to be good at the hands on work. seekinthealpha1
+2 Finance bros have Raya, celebs like hot guys on Raya. Sun came up this morning. flipcup
+2 The week before they announced $3bn, $2.5bn, and $1.1bn deals (all US), not sure how they are "falling off".  Intern in IB-M&A
+2 Inshallah I get to work on high valuation deals that have dubious implications for US competitiveness  Intern in IB - Gen
+2 PE-biz-dev
+2 tip my landlord Anonymous Monkey
+2 Just had an offer rescinded cuz the higher ups decided there wasn't room in the budget :) Developer in RE - Comm
+2 What could help here? Are ai tools taking off any load? Need more juniors or what? - senior banker who generally cares about junior wellbeing Works at Goldman Sachs
+2 MD in specialised credit fund here - pretty happy yes. Interesting day job, good WLB, good comp particularly relative to other careers outside finance Managing Director in Private Credit
+2 contance’s greatest piece of advice he’s ever received Works in SnT
+2 Using H1B base salaries and avg. performer bonus (perks excl. usually 10% on top) we get following progression for BCG (very similar at McKinsey and Bain): mrstromberg
+2 BumpWas thinking about the same actually but have been hearing that you basically get a cut on the base, big cut in the bonus and possibly don’t participate in carry. Moreover it’s a point of no return Rob-the-chimp
+2 buy fragrances  StabilizedYOC
+2 I think a place you gotta check out at least one is Katz's. Overpriced? Yes. Incredibly long wait during rush hour? Also yes. Does anything even come close? Nope.  Substack_Guy
+2 He’s a scumbag and a crook, the end. He should be in jail for blatant securities laws violations but since we don’t do that anymore I’ll settle for him going broke.  leftcoastlenny
+2 Pretty normal but it can present problems if you want to switch firms but not industry.   oil_quant
+2 anyone hear back for fundamental after case? Intern in PE - LBOs
+2 turnaround for submission is 72 hrs. whether you progress i was told was 1-2 weeks. Intern in PE - LBOs
+2 Boston Tech focused boutique AN1 Mid bucket $90k p happy with this number Analyst 2 in IB-M&A
+2 I’ll say that you’re advice is very reasonable and accurate, but I was being somewhat hyperbolic/facetious to highlight the difficulty I have believing that corporations look to fill their fp&a slots specifically with rolo25
+2 BuySideIntern PEshill
+2 PEAnalyst009 VP in PE - LBOs
+2 A lot of it is probably friends and family of Josh Harris. I’ve heard mixed things about 26Norths PE arm so far - seems a bit scattered and doesn’t really have a cohesive strategy. VP in PE - LBOs
+2 Based off of exits + TC this year and last year, it seems to be very much top tier donttry098
+2 coming from an ivy athlete. being an ivy athlete (especially at a school with strong greek life like cornell&dartmouth) is the best thing ever. you get into any party. you get all the girls. Prospect in IB - Gen
+2 So I would say at this point you kind of need to ask yourself, how badly do I want to work in high finance? You're basically a rising senior and summer 2027 recruiting is like 95% over. Anonymous Monkey
+2 Either that or just start to compliment everyone’s fingers with statements like “damn” or “nice cuticles” when they type. Associate 1 in IB-M&A
+2 90% of cims immediately waterboard you with a million vapid investment highlights without ever saying what the business does or how exactly it makes money  Director in IB - Gen
+2 I’ve seen those comments too and I think people are just frustrated and riled up. It’s the only explanation in my mind for why someone would say something so abjectly evil. johnny-mnemonic
+2 Since both are generalist offers, I’d lean BMO NYC unless you have a specific tie to the South. olandaop
+2 Not the biggest tom ford fan. I stick to the niche fragrances world like amouage, xerjoff, ex nihilo, Clive Christian, Kilian, nishane, MFK StabilizedYOC
+2 Ironic take from SaasChimp, but I think software is very challenged right now (AI headwinds + quality assets bid to perfection at 1.5-2.0x MOIC (if lucky)). SaaSChimp
+2 If I don’t get top bucket this year, I blame Merge Tactics ImagineSisyphusHappy
+2 Because that’s how democracy operates. Under democracy only the worst demagogues rise to the top and run the country like a cartel. WallStreettt
+2 jarstar1 Ozymandia
+2 Yummers biscuitsandgravery
+2 Blackstone M&A always underperformed as a business. Managing Director in IB-M&A
+2 While I do believe that you could’ve genuinely experienced the flight risk ordeal in the past, I think you’re largely over-estimating the prestige of IB. It’s not that serious man. rolo25
+2 Intern in IB - CovI kicked it and abused it Bro thought he was in Office Space Analyst 1 in IB - CB
+2  WF is a great place to be if you want to stick it out in banking for a few years, but not a great bank for exits (right now). RBOB_squarepants
+2 You don’t need any of this. I spent basically $0 and broke in. And now you have Claude or ChatGPT is $20/mo.  Associate 1 in IB - Gen
+2 Lol [email protected]
+2 That makes sense, and thank you for the advice! A few things I was wondering about, though: Intern in IB-M&A
+2 If there are no analysts how will there be future associates and vice presidents, etc? Eventually the talent pool will be people who don’t know what they are talking about. Just my .02 Antigue 107
+2 The profit share with no pref hurdle is so offensive and off market it'll be interesting to see how this plays out given the investor base is predominantly small retail and unsophisticated PEanon
+2 So you mean like most human males Partner in IB - Gen
+2 disagree. most disgustingly successful guys ive seen like crushing it at 17-21yo are all from poor families or overwhelmingly middle class. deelcheef
+2 gotta drop ur height for this reply to not be comical deelcheef
+2 Interested in this discussion and would love to read what people in these sectors think. fifth_footnote
+2 I would add that firms will want and incentivize the top level to stay, as turnover at that level is a red flag for investors  m8
+2 With some time having passed since my original post, I thought I'd revisit it. fifth_footnote
+2 It’s pretty formulaic. Right now its 20% linked to products peer percentile rankings, 40% qualitative/discretionary, and 40% performance of personal recommendations. Secyh62
+2 Extremely helpful advice thank you so much. A few broader questions if you don’t mind, and I might shoot you a PM later: Prospect in Consulting
+2 the only objective moral barometer is asking if what you do lowers the suffering of other people, and the more suffering it lowers both qualitatively and quantitatively, the more "good" or "moral" it is GS under Blankfein
+2 For some background, I actually just went through this process and signed with a top MM in Chicago (HL, WB, Baird). Intern in IB - Cov
+2 they are gonna catch you bro ur cooked  Analyst 1 in IB-M&A
+2 That’s fair re wide range although market facing roles do have wider outcomes based on the year you’ve had Managing Director in Private Credit
+2 some thoughts based on my limited understanding: CollierV
+2 Analyst 1 in IB?  Many larpers on here nutmegger189
+2 Must everything be written in ChatGPT these daysGlobal rankings are virtually meaninglessNo matter if IE is a better school holistically or domestically, it has to step down a rung because it's a) in nutmegger189
+2 The FT article is pretty silly and reads more like paid advertising than real journalism.  Associate 2 in PE - LBOs
+2 You obviously don’t work there. Otherwise you would be in the same boat chasejames677
+2 U/W is assessing risk (business/financial/credit/reputational/etc.), Origination/Coverage is assessing how profitable the deal is going to be for the bank (i.e. TLBandChill
+2 Why should I recruit at a bank with terrible leadership and terrible pay Prospect in IB - Cov
+2 I’m interested but not interested enough to watch 16 hours of this nut job. Anyone have a good link to a summary? MacBuilds
+2 where is the elite bulge bracket bank RBC? simbarawr264
+2 The advantage of LBS is that it’s a London based experience + no visa issue. For BBs visas will not be an issue, for middle market it is an issue.Also LBS seems to have more alumni events in London. guillaume.alexandre
+2 Be wary as it's obviously summer and peak-time tourism unders
+2 Not a student but an admit who’s attended classes. dumbchimp55
+2 UBS ECM revenue is only up because the broader market is finally picking up. Analyst 2 in IB - Gen
+2 I wish I could get paid to walk around cities it’s my favorite free hobby johnny-mnemonic
+2 It’s not even an evil industry. Don’t convince yourself of that. Just do what’s right to you and you can do so in value creation and pushing innovation forward through increased productivity. newlymintedbooth
+2 My indian and chinese H1B EDs are ruining my life. They are insufferable. Analyst 1 in IB - Gen
+2 Have not heard about LP discontent. The people leaving seem to be pursuing more lucrative opportunities or exploring a more entrepreneurial path. It is a large platform with substantial flow and sponsor relationships. Swine-Linked-Notes
+2 There are general practices to simulate weather probabilities for days beyond the forecasting window. oil_quant
+2 First off, congratulations on retirement being around the corner. Love seeing vets in finance and not slinging tee shirts or working in CIF. HighlyLeveraged69
+2 In a similar position to you. Have decided to take august and september and grind gmat and do  msfin next year, seriously considering doing it outside the us. EddieHalsted
+2 Best bet, honestly, with having no exposure to other structures, I'd go to any GSE lender that has other products, like IB side or balance sheet that focus on MF but also do other classes. CPMA's15