+5 I am a FA and faced a similar dilemma at 26 - can't speak for the PE/IB/HF option - I was in Corporate at a bank. Now have a $50M book, with $200K p/a - I started from scratch.  RedChamps
+5 In absolute numbers, nepo babies are marginal compared to diversity hires. usernameladiesman217
+5 What was your point in adding this comment ? Analyst 1 in PE - LBOs
+5 Congrats on Harvard! Pro Veritate
+5 seekinthealpha1Solution: petight
+5 PM has observed in the past or you being influenced by vol in positions and wants to not show you PM does not want to or intends not to pay you if performing wellPM wants to hide how bad you guy LSMacroEquities
+5 Worked with them on a couple of searches. The guys are legit and helpful. I'd recommend working with them  1234ideclareathumbwar5678
+5 Full Scale Headcount. Sub scale Results. UBS - Banking was our Craft! Associate 1 in IB - ECM
+5 WSO itself is probably also a major driver of this lol More and more so as LLMs pull posts from here as a ‘source’ Analyst 1 in IB - Cov
+5 WRT the SFR section, it may be populist slop but at least it's harmless populist slop (aside from shifting the Overton window for federal policy). kylejackson
+5 BofA C&R is mid af Also super bloated Business School in IB - Gen
+5 Dude uploaded the deposition to his YT account. This 2-hr snippet is... interesting? Sounds like they're coming after him for securities fraud on 2020 - 2021 vintage funds. Associate 2 in RE - Comm
+5 overall safe as long as you avoid Tenderloin and some parts of Mission / Soma (4th through 10th); generally people with kids don't live in the city, at least my seniors (all live in either Sausalito or down south in Redwoo Associate 1 in IB - Cov
+5 I'd argue that it doesn't matter as much as people like to claim. What mostly matters is the split that founders are willing to give and how they want to structure compensation. mtnmaster1
+5 Is Barcap also sliding down? Perception-wise they are middle bulge, but fee-wise they are further down Prospect in IB - Cov
+5 Baruch, Fordham, Rutgers, middlebury Analyst 1 in IB - Cov
+5 It's based on how hot you are and which boxes you checked on your application, hate to break it to you buddy. Incoming Analyst in S&T - Equities
+5 When a senior person invites you to something (coffee, lunch, a site tour, golf, whatever), say yes. CRE Credit
+5 its the opposite for fees, the table above is deal credit yoloipo
+5 The pitches we get from UBS are legitimately garbage. Looks like an intern made them in Claude. Analyst 2 in HF - Event
+5 I think there are a lot of outliers being posted here. If you leave PE after an associate program $175-225K cash + equity for a manager / sr manager / associate director title is likely where most of you will land. Associate 3 in PE - LBOs
+5 Coming back to say this was the hardest adjustment for me. A few months in and got a return offer. Healthcare Blues
+5 I think it depends on the bank but in my experience they typically function as the underwriting team (possibly also some portfolio management). Associate 1 in Private Credit
+5 Posted about CoS above. Partner has a great take and sounds like someone I'd like to work with. But totally agree that most people don't view it this way. Associate 2 in PE - LBOs
+5 Have good genes to start so your kid’s intelligence and looks are a cut above average (nothing extraordinary needed). Partner in RE - Comm
+5 lol at my MM firm VP (esp VP1) does everything. anywhere from banking analyst to senior principal. You have all the responsibility/blame. Dnt get the credit. only sometimes have junior resource. Associate 3 in PE - LBOs
+5 No offense but you don't sound like a good catch. She should move on, drop the zero and get a hero. Think you have some work to do on yourself, Mr. Intellectual Heavy Weight / Goldigger. NoEquityResearch
+5 Certainly an overreaction to not being told where else you're interviewing. I always ask but its not a big deal if they decline to say where or even answer. Rabbit
+5 I may be a bit biased, but at Rice there are roughly 30 sophomores recruiting for the 2027 Houston cycle, and it seems that about half have already secured offers at firms like Evercore, Jefferies, Moelis, Citi, RBC, Gugge Analyst 1 in IB - Cov
+5 I have worked at a young firm and would only recommend it to those who a) have no other options for getting in the industry or b) are serious about climbing the ladder at that place in particular. PE-biz-dev
+5 Former PM ($1B AUM) here. It isn't the calendar. It's the conversation. stockpitchlab
+5 More unsolicited advice, at group events, especially at an event with alcohol, I do not want to talk to you about PE recruiting or my PE offer or HF recruiting or etc. I have zero interest in that conversation. Analyst 2 in IB - Gen
+5 Bank-wide problem: UBS is simply losing talent as it falls in the league tables. Hearing the same complaints across multiple groups. Analyst 2 in IB - Gen
+5 When you get into value-based pricing, it's basically a combination of intrinsic value and relative value. Relative value is defined simply as what price your competitors are setting for equivalent services. FinnesseGod
+5 Connor Teskey at Brookfield Associate 2 in PE - LBOs
+5 delete this, already clipped from IBW. Prospect in IB-M&A
+5 Dollars that could be going to "innovation" are often gobbled up by debt service payments, management fees, and M&A costs.  Principal in PE - LBOs
+5 Nah bro, hear me out.  PokerSlopWars
+5 Ignoring corporate headlines, the debt team sees a lot of volume. Not sure what their hit rate is but I’d guess standard for those in the space. Associate 3 in RE - Comm
+5 We’re talking 1Q that’s really dated and only US not global. Go back and get the right data Analyst 2 in IB - Gen
+5 GS likes hiring Asian Beckies who look constipated.  Intern in IB-M&A
+5 1520? Ur retarded rooseveltfan
+5 Yes. I’ve gained 32lbs, my cholesterol is up and so is my blood pressure. Definitely changed on the inside…also haven’t seen my feet in years when I look down so there is that… Anonymous Monkey
+5 yeah looking at your comment history you’re definitely not at a MF, but congrats on BMO and getting rejected from EVR! Analyst 1 in IB-M&A
+5 Yea they're pretty solid. They've been pretty hot. They all do kind of different things right, you just have to look at what the rest of the MM does. Analyst 1 in IB-M&A
+5 Hilarious reunification of the Archstone portfolio. They should have just named the company Archstone. Director in RE - Comm
+5 Really? I only know what exists from my own experience but at my school, (granted it’s a non target) the bar for what is expected keeps on getting raised higher and higher. CEO in IB - Gen
+5 congrats on academy! Anonymous Monkey
+5 You need to be an expert at asking management what the bar is and making a nuanced interpretation of their body language. thisisanexampleofausername
+5 Big issue with grindset is being naively deterministic and transactional. Grinders treat life like a project with inputs and meritable outputs - this is not a healthy worldview. wetlamplord
+5 Not sure I agree with today’s environment being similar to the post-GFC one, but that’s beside the point. Too young to comment on the 1990’s. Associate 2 in RE - Comm
+5 Man it’s tough out there - I’ve been hitting the networking hard this year and I can tell you that nobody is happy even in industry’s outside of real estate or finance. patrick_bateman_
+5 On behalf of the SA '27 class I wanna say we are not all this retarded anonymous_monkey67
+5 In LMM and it's been pretty bad for the last 24 months or so. Assist. VP in PE - Other
+5 I know it’s hard to think long-term early in your career, but for anything outside of finance, international jobs, MBA programs, etc. the JPM brand will do a lot more for you. Managing Director in IB-M&A
+5 Jumped between IB RX > Consulting > PE > now CorpDev, so i can chime in on this.WLB is overrated if: Assist. VP in CorpDev
+5 its so funny. WSO dictates so much of the hive mind consensus in young kids these days. Analyst 1 in IB-M&A
+5 Perspective from the UK: unders
+5 Principal/Director level BD guy here. My focus is intermediary coverage so this may not be a super helpful answer, but proprietary deals are, and have been, a total slog for years now. VP in PE - LBOs
+5 I chuckled at how an M&A lawyer is grading deal theses and return profiles. Just keep the paperwork moving, buddy. VP in PE - LBOs
+5 . Analyst 3+ in Risk Mnmgt
+5 I agree with comment below that it is case by case and some firms background checks high level and others much more detailed and the point of absurdity resonates for one process I went through.  Anonymous Monkey
+5 i usually go for what a pimply highschooler says on WSO Analyst 1 in IB-M&A
+5 just be genuine. being completely honest, freshmen fall you do not need to worry about recruiting, here is what you should do, genuinely simplifiedclap
+5 As much as I want to agree with you, did you really expect this charade of hundreds of A&A being hired as “Economists” to continue forever? BigOnBeans
+5 the asian chick? Prospect in Non-profit
+5 100% agree. My problem with the article doesn't mean I don't have a problem with DEI, and this is a major one. usernameladiesman217
+5 I think the MBA route needs to be studied/vetted extremely closely, given the opportunity cost / financial cost, etc. asmith_1
+5 See step 1.  Analyst 1 in IB - Gen
+5 I continue to actively discourage others from quitting. If you're OK, try FMLA and actually using your PTO, but absolutely don't quit without anything lined up.  marketMergerMaddie
+5 Idk, probs the Holocaust Abusement Park
+5 Barbarians at the gate. its the story of the leveraged buyout of RJR Nabisco for $25bn blueyellowpink
+5 As someone stuck in consulting on IT related projects at one of Big 4's competitors, I feel like I'm pigeonholed if I don't leave within 2 years post MBA. Business School in CorpStrat
+5 Hey! Yeah, I went to a target school, and a lot of the bulge bracket banks ran recruitment processes specifically for our school. For example, Citi gave us 12 first-round interviews and ended up making 4 offers. johnb2001
+5 They definitely have reasons to be arrogant. As them why stock price went from 75 to 42 in the past 6 months… Analyst 2 in IB - Cov
+5 Could not agree more with this. $4ml net worth at 35 is incredibly successful, pure compounding alone will get you to >$10ml when you are 60 even if you assume you save absolutely nothing else going forward  hedgehog9
+5 Take Laz or PJT. Depends on what u want out of your analyst program. crazyplayer135
+5 You can do this babe ❤️❤️ Intern in IB - Cov
+5 This is a good writeup, and it generally hits on a lot of the failures of these models to actually predict things.  usernameladiesman217
+5 They now have the headcount similar to many of their competitors yet performing at a fraction relative where they should be by now Analyst 2 in IB - Cov
+5 JohnGao Associate 1 in Private Credit
+5 Yeah that's exactly it, if you want to just do 2 years and done it's fine. If you want to make a longer run, less so. Associate 2 in IB - Cov
+5 If anything I’d say that the banks performance has decreased significantly the last 2 years. Here’s to hoping 2026 is better Associate 2 in IB - Cov
+5 I'll bite.  When looking at what to exit to from consulting, you want to draw an x axis which is your functional expertise and y axis which is your domain expertise from general to specific/granular.  FinnesseGod
+5 Having experienced a similar situation after graduating college and working in consulting (and still maintaining a similar commute), I commuted over an hour each way from my parents' house, made it work. Drizzle-Maker
+5 All of you will work for Supreme Leader Kay Yoo Prospect in IB-M&A
+5 Your entire example is wrong. It's been a while since I took financial claims but I'll take a crack. equitymuncher
+5 PE is largely a mature business if you want a chance at material wealth creation in a “short” period then you need to be taking actual risk - whether it’s a venture of sorts or an up -and-coming fund with real economics. Devils Advocate
+5 My (apparently hot) take is that you should spend a few years on the buyside first. Reasons: Angus Macgyver
+5 I am not who you directed your question at. RCJ92
+5 You can’t lead with “based on my group” then proceed to generalize the entire industry. Summer Associate in HF - Event
+5 Insane ball knowledge  Intern in IB-M&A
+5 In all fairness, I sound like an LGP hater (because I also am). Yes the ability to buy back at a discount is attractive but the fact that there's a discount in the first place shows a couple problems: Associate 1 in AM - Other
+5 Former PM ($1B AUM) here. You're optimizing for the wrong variable. In a 4-hour case study, the goal isn't precision. It's decision. stockpitchlab
+5 Rogo is dogshit. Especially in excel. Decent for research but honestly think copilot has more use cases.  Teller in Non-profit
+5 Bosses threatening to fire his juniors (international), saying they’ll get deported Associate Director in IB-M&A
+5 Think you missed one buddy Works at Financial Technology Partners
+5 Thanks, this is exactly the perspective I was looking for. Lester Freamon
+5 Co-pilot internally has to be the dumbest thing, Like when was the last time Microsoft made a good product? Associate 2 in IB-M&A
+5 anyone have HV questions for IB GS NY? student123234345456