+5 one thing to consider is that at the LO your tenure will matter... you're unlikely to be handed a PM seat "sooner" unless you navigate the politics well.. Investment Analyst in HF - Event
+5 BTR does have capex risks. But that doesn’t mean it won’t or is not a good investment. Look at office buildings - they are appreciation plays not cashflow plays due to the high TI and LC. That can be BTR. pudding
+5 You sound like Malthus lol. longandshort
+5 On a deal we're selling, we have pushed back first round bids multiple times. I suspect we will just pull it soon. BestPizza
+5 People are definitely overthinking this. Trump thought Iran was weak and US + Israel could deliver a decisive blow so that the conflict would be over quickly. larry david
+5 This is a great write up, the TLDR is the U.S. basically turned a 20+ year Cold War hot & wants to avoid a situation where Iran has to be taken seriously as a world power if they have nukes. liquidiot
+5 I started my career in sales at a large AM but have friends at smaller shops and others in IB. If it’s a target comp by 30, the higher probability is IB. Ovid
+5 Don't do a MFE it is a waste of time and not looked upon favorably. If you went to a top school and have the right skills apply directly. PM in HF - Other
+5 AI specifically? Addinator
+5 Solid guide overall. The only thing I'd add is that students massively underestimate how early recruiting has become. rogershe
+5 This is the real reason why they place well, personalities fit right in crazylifechoices
+5 The other commentor is being unnecessarily rude, I'll try to be more helpful; That being said, superdays will start in January for most banks, so you would need relevant experience by then, which I would imagine is impossi darlkjuhg
+5 I think AIF looks for people who are very smart, but importantly have something outstanding about them, like jeff, or some award, or unique internship experience. Prospect in IB - Gen
+5 Rutgers is paradise VP in IB - Gen
+5 My own firm and use OPM. jl12
+5 Yep agree. Those played a role for certain. I’m not here to defend the catastrophe in Gaza. WSOBURNER69
+5 Hey, my take on your two questions: 1) There was definitely some luck/favourable timing that helped me ramp up as quickly. Associate 3 in PE - Other
+5 US based - but can’t see how someone would hire you with a guaranteed VP title next year unless it’s a step down brand wise, have significant hiring need cause they churn lot, etc. Teller in IB - Cov
+5 Literally this. IB and all this BS is just a job and ppl who say otherwise r coping. Intern in IB-M&A
+5 I personally recommend getting a framed 8x10 photo of a printer with a caption “You Either Die a Hero, or Live Long Enough to See Yourself Jamming.” and have it lit up like a renaissance painting. 和平
+5 What’s your take on LMM? You talking software or painting with a broad brush? Typically have way more control via covenants in LMM. liquidity needs if issues arise are smaller dollars and easier to solve. Swine-Linked-Notes
+5 At the beginning of my tenure at life companies, I was in the 50 hour range, but by the time I left and I was more senior (about 10 years total), I was down to about 30 hours. CRE Credit
+5 Commenting for tips for others: wean off then cold turkey is by far the best way to go. seekinthealpha1
+5 Considering they poached almost all of William Blair's senior Tech team.... Analyst 2 in IB-M&A
+5 Bro for the 50th time, you are a high school senior going to Stern. NO ONE CARES ABOUT YOUR OPINION ON RECRUITING BECAUSE YOU DON’T KNOW A THING. Associate 2 in PE - Other
+5 If real: before re-recruiting would think long and hard about what in your calls might've lead you to being placed in a group you didn't want to be placed in. Analyst 1 in IB - Gen
+5 Sure, but probably not in traditional PE. Associate 1 in PE - LBOs
+5 That’s another way to know: when you’re right is it for the right reasons? Works at Citadel Investment Group
+5 Don't know how many times I have to remind you I'm not a banker. So keep throwing misplaced insults my way haha. You also have literally no idea what I studied at uni. "is one that values skills" nutmegger189
+5 WF on a heater  NBTtmoon
+5 I'm surprised you're not getting much traction with HHs if you say you're at a large asset manager (only a few that are truly large and they should all open doors)... Investment Analyst in HF - Event
+5 To be fair, as someone hiring, it was rough. We had a couple of back-of-house closing roles open, and got some of the most ridiculous applicants that didn't fit at all.  CPMA's15
+5 The answer is clearly to speak up. SaaSChimp
+5 Really appreciate you doing this. I was recently promoted to Quant PM and would appreciate some advice on the managerial side of things. ValueCat
+5 Not much else to add here other than "bad". losing interest
+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 Take Laz or PJT. Depends on what u want out of your analyst program. crazyplayer135
+5 Hey first want to say I hope I'm wrong but I would think about approaching the call not expecting good news. Associate 3 in PE - LBOs
+5 My friend, you sound drained and I feel for you because I have been there. For whatever reason, your job took its toll on you. In my view the question is not what options are available to you. Principal in HF - Other
+5 In terms of true non targets- FSU Intern in IB - Gen
+5 Great stuff here, thanks for sharing and for the transparency. Best of luck going forward, sounds like you are on the cusp - be it this go around or another. Just a brutal market. Developer in RE - Comm
+5 It’s wild how many millions UBS has paid to bad MDs/EDs who’ve do nothing… Intern in IB - Gen
+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 BofA C&R is mid af Also super bloated Business School in IB - Gen
+5 As someone who doesn't build them and who is an AI skeptic, I think the answer is both yes and no. Ozymandia
+5 No problem at all. COO in HF - RelVal
+5 Baruch, Fordham, Rutgers, middlebury Analyst 1 in IB - Cov
+5 Kudos to your for realistically evaluating your current outcome while also thinking of a future path to a better outcome...I can respect that. Research Analyst in AM - FI
+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 In the simplest terms, you have people focused on bringing in business versus executing on that promise - that's coverage versus M&A. VP in IB - Gen
+5 fries bag bro Prospect in IB-M&A
+5 I can't really offer tangible advice without knowing your specific circumstances, career goals, personality, etc. But I'll offer some points to help make a decision. Investment Analyst in HF - EquityHedge
+5 My roomate at UBS who was upper-middle bucket got paid more than me as top bucket at BoFA. It's not historically bad, BoFA is way worse. Analyst 1 in IB - Gen
+5 I rather get paid more at a MM Analyst 2 in IB - Gen
+5 Eww no not UBS Analyst 1 in IB - ECM
+5 sasha_j24 dukeblue2019
+5 Good point, I didn’t mean to come across as entitled to think anything is guaranteed in banking, more so meant that I would have good deal flow across a good industry like healthcare which would leave options open going fo intern67
+5 I've heard the word AI more times than I can count in the last week- my only thought is how many people on my IC have actually used Claude or ChatGPT in any real capacity?  Associate 1 in PE - LBOs
+5 I went through something similar. Pod blew up after 3 months. And things got tense between me and my PM during the drawdown. Macro Arbitrage
+5 That's not how anything works. I know I was top bucket because we all shared our bonus numbers and the rating we got in the group.  Analyst 1 in IB - Gen
+5 With a low gpa, LSE is very difficult. They're strict on that, even though they take kids from much worse schools than your undergrad with no relevant experience.  Analyst 3+ in IB - Cov
+5 If bofa is on the downhill why were you asking in the BofA SA '27 thread if people had heard back...? Intern in IB - Gen
+5 Honestly just go do something that’s interesting and makes a good story. You’ll have plenty of time to look at a 10-k later. Find something where you’re outside if possible and speaking to new people. Associate 2 in IB - Gen
+5 Not sure about PE funds but there are plenty in the VC space.  Business School in CorpStrat
+5 My first piece of rizz advice is ALWAYS: "ask an anonymous finance careers messaging board from 2006" - so you are right on track my man.  Way to go. Nouveau Richie
+5 newlymintedboothAre you a European? Your analogy is super weak anyway.  IsItREPE
+5 Some coverage groups are sweatier than street and work way more than other groups but still get paid the same low pay as the groups who do nothing  Associate 2 in IB - Cov
+5 This comes up every year, but at least looking at it from a student life perspective, I disagree with the sentiment here.  Analyst 1 in HF - Other
+5 this is like the 200th thread on this topic over the past couple years, assuming ur an intern it doesnt matter if ur at UBS or not, you can either rerecruit to a comparable or better bank if youre in a shit group, or stay jewslayer1944
+5 There is a small haircut on comp at the junior level to M&A that continues to widen as you get more senior. The compensation ranges below are approximately street for TC: Associate 1 in IB - Gen
+5 I think you're overcomplicating it. There are people who join startups to influence decisions, and there are people who join startups and end up doing analyst work in a worse environment. Associate 2 in IB - Cov
+5 Some pods (especially MLP and some T2 Pods like Verition) have some scattered teams where the PM has their analysts scattered across other offices or allows one-off home office setups if they feel comfortable with your abi Analyst 3+ in HF - EquityHedge
+5 I think there are some obvious headwinds in development, but for someone early in there career (under 30) I wouldn’t be to concerned. TQQQ999999
+5 Honestly I struggle with this myself - I would suggest just taking it easy on yourself.  You mentioned you exercise and you have read the self-help books. First_Lien_Larry
+5 Got a ton of 'reps' but didn't even pick up the third parties? Lmao. Developer in RE - Comm
+5 Yeah I rejected an offer from them because there is too much instability. The Cs bankers are all long gone and demoted. Summer Associate in IB - Cov
+5 Yes, just think about that as a vol reduction. If the fund is up 10%, you earn 5% after tax. PM in HF - Other
+5 hc200717 odog @digitalimmortality.com
+5 There is nothing that Zuckerberg can do or wear that will ever make him cool. CRE
+5 Non-Americans have rights? News to me Associate 1 in IB - Cov
+5 Thanks for the questions! Investment Analyst in AM - Equities
+5 Currently at a similar platform that has "worked out". Made the switch earlier in my career when I was an associate to a different shop and it was a complete disaster. Principal in PE - LBOs
+5 You work at a fund that completely shuts down every federal holiday or something? Our office was "closed" on Friday for Juneteenth just like it is for every other holiday, but I still worked til 1am. Associate 3 in PE - LBOs
+5 I am starting at Menlo in July, so digest this with the usual caveats around office-level differences. Incoming Analyst in IB-M&A
+5 Property management companies can be profitable at around ~5k (and sometimes below) units assuming you've dialed in your overhead, keep your fixed costs down etc. VP in RE - Res
+5 To answer this question, I would look at it more as a question of do you know the fundamentals of an LBO. PeRmAnEnTiNtErN
+5 Great questions — and very relevant given how quickly workflows are evolving. 1. On higher value-add tasks for junior bankers: rafaelpoole5
+5 Seen his content. Overall, I think he does a great job illustrating where mid-levels (including recently minted principals, MDs, and partners) may actually end up cash strapped or upside down. VP in PE - LBOs
+5 Don’t listen to this guy. Many juniors are churned out of HFs, but it’s also true that many sharp analysts hate banking and burn out. I have several friends who burned out of banking and had to downgrade jobs. rocinante555
+5 The effort you put into a question is largely proportional to the effort others put into answering it. Burke
+5 100%, but the war isn't going to go on forever, and supply is now flipping the other direction (though I think will be higher than many multi guys like to believe, it will still be well below average for a bit of time here Assist. VP in RE - Comm
+5 Not really. It’s a brand new holiday and this is a culture where people are reluctant to give any days off they don’t have to. The first Juneteenth I didn’t get off and nobody realized. Got it off this year though. local_finance_bro
+5 M&A is the best in NYC but you will not enjoy your life in the slightest.  VP in PE - LBOs
+5 My girlfriend works there and always gets pretty bad bonuses relative to her friends at other banks VP in IB - Cov
+5 What if BofaA just tells everyone they are top bucket Analyst 1 in IB - Cov
+5 I am hardly an AI doomer. I am a LLM (and LLM proselytizer) mocker.  CRE
+5 We are Deloitted to have you here! Analyst 1 in S&T - FI
+5 Have worked with these guys and liked their style personally. Sharp but still reasonably "human" and a great network around the fintech world (a better comp might be a mini-FTV). PE-biz-dev
+5 I too regret joining UBS Analyst 1 in IB - Cov
+5 In april they announced they were taking healthcare reit SILA private for $2.4B.  it doesn't answer OP's question but at least someone coming to this thread will learn something other than 'bump' ... 'bump' .... asmith_1