Highest Ranked Comments In The Last Year

+6 Mid-level pay is way down. VPs used to earn significantly more in both real and nominal terms. This made staying beyond associate more appealing. 2. Conditions have gotten worse. Bankasaurus
+6 Adding too, the quality of life thing is big. The pain of knowing because you were greedy so you lost a ton of money and due to bad luck your shop blew up would be miserable. Principal in PE - Growth
+6 I have some past experience recruiting for Chicago IB from nyc. I had Wharton on my resume and top bucket EB analyst experience as well. Hags28
+6 pulling back can mean diff things to diff people - if ur a banking analyst, it could mean taking another junior role to pivot into different geos, asset classes, divisions, career paths, etc. Investment Analyst in HF - Event
+6 Rice outside of Houston had an insane year. Citadel/CVP/GS/JPM NY + MOE/LAZ/GS SF are the highlights. Houston placements still killed it too. Analyst 1 in IB-M&A
+6 +7000 Shekels Analyst 1 in IB - Gen
+6 In a similar situation, albeit a few years older than you. Started at a BB and moved to PE while also having MBB offers. Presume you require sponsorship? Associate 2 in PE - Other
+6 I believe it, they’ve started monitoring it and calling out people who use it every single day like a meal plan Associate 1 in IB - Cov
+6 No actual "elitist" loses sleep over how much money they could have saved going to Washington State UnclePhilly
+6 a wise man once said you think the advice of "get it out of your system when you're young" makes sense. pursue promiscuity, transition to monogamy thebrofessor
+6 I'd recommend doing your due diligence before making a move into RX. Look up the returns for some distressed funds. They're ugly. PEanon
+6 Because they don’t do real work Analyst 1 in IB - Cov
+6 Wear the tightest suit possible, make sure to frame mog your interviewer. Guaranteed offer GrassToucher
+6 Brownstone in Brooklyn You know things are fucked when even the elitists need to relocate to Brooklyn to save money UnclePhilly
+6 Group is an absolute dumpster fire. Bad group head and culture, trash pay for the hours you work. I guess consider it if you're desperate to break into IB and it's your only offer, but you're going to be miserable... Analyst 2 in IB - Cov
+6 Working as an IAR with an independent BD  as part of their RIA (not just applicable to setting up an independent RIA where you have to account for compliance systems), it's common practice to get 90%+ payouts with fai rickle
+6 I think the increase in single family rentals in Southern California, especially in Los Angeles, is driven by a few key factors. Director in RE - Other
+6 Lol i feel you too well, ASEANalyst
+6 This is sadly extremely common at GS. TMT is far worse. So many children of client kids and/or partners at PE firms. Analyst 1 in IB - Gen
+6 Ah yes because going from IB -> UMM / MF PE ensures you no longer work 80 hour work weeks Analyst 2 in IB-M&A
+6 Learning the fundamentals: There was a couple key resources that helped me a ton to learn the fundamentals. I come from a target school where we get a ton of resources from upper classmen. johnb2001
+6 First off two things 1) D/E brokerage to lending is probably one of the most obvious and common transitions in the industry 2) 5 years is the tip of the iceberg at the entry level. brosephstalin
+6 Let’s be honest here buddy If you didn’t go to UCC / Appleby / Crescent You’re better off going to Ivey, where it’s more meritocratic Analyst 1 in IB-M&A
+6 This is their attempt to leak it out and gauge the reaction Analyst 3+ in IB - Gen
+6 This is where it gets a bit more opinionated / based on noise but here are my thoughts: MrHuman
+6 I have a friend who’s in IB and has been investing most of his personal capital into rental properties for years. He’s done well. A few observations: Sonny LoSpecchio
+6 Unless it's some major surprise (fraud, a deal out of the left field, etc.) you should ideally be prepared for the range of outcomes for your premkt news... if it's earnings, you have your bear, base, bull cases.. Investment Analyst in HF - Event
+6 The biggest issue I don't think anyone has really raised in this thread are the hardware costs. jarstar1
+6 Untrue on all counts simple LinkedIn search man rooseveltfan
+6 Many T15 programs have solid placement into DCM and corporate banking, and if the MBA helps you to move from a back/middle office role in compliance into a front-office role, you should see a good financial return on the M David White
+6 I'm obviously biased towards PE, so take lightly, but a few more considerations for public investing:  SaaSChimp
+6 Eman_Kant
+6 UVA, Stern, Michigan all good options. Just a question of what vibe you're looking for.  Associate 1 in IB - Cov
+6 On your first point, I don't disagree. It's hard to underwrite TV w/ the same conviction as 12 months ago. Too much change happening too fast. kuf135
+6 Dartmouth it's not even close PrivateTechquity 🚀🚀🚀
+6 Former PM ($1B AUM) here. Stop counting days. Start counting data points. I can't speak to the HR timeline, but I can tell you exactly what they're evaluating when you pitch. stockpitchlab
+6 Yea I can affirm above comments. Getting into la banking from nyc is kinda like biking downhill. You have the wind at your back coming from nyc. Hags28
+6 I do cap intro & private placements. Unless they have close relationship with these billionaires, its very difficult to raise $. Associate 1 in IB - Gen
+6 $50K fixed cost budget? Are you going to remotely work for Goldman Sachs from Somalia? Managing Director in IB-M&A
+6 Slimmy slimmy. Salamander partners is on the rise. Analyst 1 in IB-M&A
+6 Actual strategy and learning. Investment Analyst in HF - Other
+6 At a T2 RX consulting firm, and I came from a UMM buyout PE shop. I wasn't their first pick though, the No 1 choice dropped out of the process bc they had a T1 offer so I got the offer. Associate 1 in Consulting
+6 In what world is a Marshall degree more prestigious than a Stern one? rooseveltfan
+6 Value investing is more a philosophy. Buying something with a margin of safety. Buying something that trades below its intrinsic value. Lot of people dont really understand what value investing it.  Hellogarden
+6 I'll try my best to answer these questions, but it will be highly bank-dependent. I only have experience at the BBs.  Associate 1 in IB - Gen
+6 Agree.   hurts your ability to originate stressed opps in public markets? Hmm. Associate 1 in IB - Gen
+6 Good M7 placements from what I've seen every year, I have 2 friends currently at Booth & MIT who were BAs. Works at Capital One Financial
+6 In fairness, it’s a lot easier to get comfortable with buying a business when there is no competition and you’re buying at 4x EBITDA with 3x leverage. overandout
+6 1) You’re getting passed up for promotions or more responsibilities at your current role. 2) Your pay raises are minimal and your YoY comp growth is flattening out. CREbruhh
+6 OK I have one. The CEO of Grosvenor USA. Grosvenor - very prestigious OLD British company dating its roots back hundreds of years literally. pere797
+6 Your definition of "wealthy" and "young" are incredibly restrictive, which is why you can only think of celebrities, athletes, tech entrepreneurs etc.. Fred Fredburger
+6 Thought about this a couple years and considered whether reservation systems, delivery apps, and charging/billing should be rolled entirely into one. marketMergerMaddie
+6 If you like PE, and want a career in PE - do the PE path and evaluate the offer on its own merits vs. comparing it to the MBA path. They are two seperate questions. First_Lien_Larry
+6 Probably one of the least traditional exits from banking, but I was in a similar situation at the end of 2022. Completely burnt out and hating my life. I quit and pivoted into wealth advisory for HNW / UHNW clients. Prospect in IB - Gen
+6 I can't speak to return offer rates across the street, but I've generally seen standard return rates at my firm (70 - 100% depending on the year). Associate 1 in IB - Gen
+6 Off the top of my head Wells got some crazy mandates this year. I think Lincolns honestly doing really well as well. Curious to know how Deutsche is going they really invested heavily into their IBD. Gold-ManSacks
+6 The LLM bubble is going to pop sometime 2H 2027 - 1Q 2029. This is going to cause a recession. This recession is going to hit software companies hard because they will have already been beaten down by this LLM FUD. jl12
+6 Associate 2 in IB-M&AYeah that’s how a country works lmao. The audacity of entitled foreigners good lord  Managing Director in IB-M&A
+6 Personally, I'd just index and chill. I'm assuming this money is for retirement? You don't want to fuck with that, who cares if it's boring? Get your kicks elsewhere. jarstar1
+6 Wtf? Lol associate_HWS
+6 So by your logic, the below is true: seekinthealpha1
+6 this gotta be scotia LOLL lollololol
+6 (1) This was implied in my comment but I will make it explicit here. jl12
+6 I work at cvp and that 30% number is total bull - they include buyside M&A fees and other stuff a that are counted in that (PEP, JCI, HON, TR, others) VP in IB-M&A
+6 UBS slander 101 right here LendingFanatic1
+6 Seriously questioning some of the people that management decided to lay off this cycle. A few people were laid off that have clear aptitude to drive fees. Now they’ll go to american banks and take market share. Analyst 1 in IB - Gen
+6 I think it’s pretty simple: to get LPs excited about the business, PE firms need to start realizing high returns again. How does that happen? Partner in RE - Comm
+6 Buddy you're a consultant.  Analyst 1 in IB - CB
+6 What woman worth marrying would want or have the time to do this? yomamasuckdisdick
+6 My experience with Alvarez & Marsal was brief and on a building and business going through foreclosure and the owners declared bankruptcy. odog @digitalimmortality.com
+6 I look around real estate and everything is sales.  REDebt
+6 They could of been great merging with CS, but now all they do is layoffs and pitches Associate 3 in IB - Cov
+6 No offense, but this was not helpful in the slightest and made zero sense in the context of OP’s question. Investment Analyst in HF - EquityHedge
+6 There are a few different points mixed together there, and they’re worth separating. WSOBURNER69
+6 It seems they have been the most layoff prone bank the last couple years Prospect in ER
+6 This felt like a personal attack so let me just gently reply that I'm not advocating for rate cuts, I'm merely stating an observation that I don't see any other way for the private capital industry to return to the glory d Managing Director in PE - LBOs
+6 not even piff slander (great show and he takes photos with everyone) but P&T / Mac King are considerably higher on the league tables ILOVEBANANAS123
+6 gonna get hate for saying this by DB has a pretty solid industrials team in their London office Prospect in IB-M&A
+6 It doesn’t make that much difference if it’s 15 or 30min unless your team has a strict entry time. I had a flexible 9.30-10 so it never really mattered Associate 1 in PE - LBOs
+6 +2 this +2 that means you can work >80hrs, but as a consequence of the intensity many juniors don't know how to "think".  SmoothStripes
+6 I feel like you're taking the statement too literally. The job market is more nuanced than a systematic thing such as tenure directly translating to specific exit opps.  FinnesseGod
+6 All in all, it looks you're in a strong position, all things considered. You've done your two-year IB stint, you have a strong skillset that's marektable, and you have a good basis for what you don't want to do.  FinnesseGod
+6 Brokerage is easier for the avg person than being an investor. Being the BEST at either is the same proposition: you need to sharp and dedicated.  Principal in RE - Comm
+6 I'm going to give the Amherst version of the above, but just shorter. Analyst 1 in IB-M&A
+6 I think there's a contrarian mindset that all good public investors have to some degree. Dr. Rahma Dikhinmahas
+6 First Boston when? Analyst 2 in IB - Gen
+6 The “I heard” threads never end 🤣 First fake meal stipend news now this Analyst 1 in IB - ECM
+6 Retarded OP, this is the only way it will affect recruiting.  Analyst 1 in IB - Cov
+6 Here is what it comes down to: Associate 1 in IB-M&A
+6 $3.0mm this year. This is my 6th year on this team, 7th year on the buy side, and 10th total YoE. This is my best year so far, but every year I’ve seen YoY increases. Principal in HF - Event
+6 Galaxy brain - make life so bad that people quit on their own and you don’t need to pay out severance Associate 2 in IB-M&A
+6 congrats. listen to your buddies at andover and go to stern.  rooseveltfan
+6 Let me start off by admitting I have a bias against LO analysts making the jump to MM HFs. Investment Analyst in HF - Other
+6 I can echo this as well as someone who has worked with senior CVP bankers fairly soon after they left that bank. I also have junior / mid friends who worked there who seemed to confirm my understanding. Hags28
+6 Strategy/Asset Class/Scale: Boutique LO Equity in NYC/SF, >$1 billion in AUM/Investment Professional.Buyside Experience: 6 years of buy-side experience all with current fi FriedMonkey
+6 We are going to win and win so much that you will be tired of winning.  Analyst 1 in IB-M&A
+6 UGA UBSTopBucket
+6 500k cash for a 5 person LMM startup fund as a VP3 seems like a pretty sweet cash position to be in. Is it just the carry piece or does it feel like structurally you're stuck in your role?  Associate 1 in PE - LBOs
+6 I've been out of the recruitment landscape a little bit and am based in a different country than Canada, but I have a few thoughts.  FinnesseGod
+6 If your old group is a top shop (e.g. GS/MS/Q/EVR) then it probably shouldn't be your last resort. PrivateTechquity 🚀🚀🚀