T&R Exits
Any insight on BRG T&R and where they sit in the hierarchy with FTI, Alix, and A&M?
I was told straight up by an MD at another T&R practice that he has had SAs come in for 1-2 years and exit to RX banking, which is more in line with want I want to do. Is this a true exit? I’m assuming private credit has to be another exit from T&R given the record amount of DDEs that sponsors are inflicting on PC backstopped financings.
Yes - seen many folks move from advisory to IB, and vice versa. A lot of the same skill sets developed in either side. Lots of exits to PC as well, and some to PE. Totally feasible after 1-2 years at a reputable shop to jump to a bank.
As I understand it, BRG has a strong name - maybe a T2 relative to alix or A&M, but well known and recognized in RX.
Thank you for this — what does comp usually look like at a SA level? $125K base plus 60-70% bonus?
I think base should be higher - most guys I know made like ~150k at SA. Bonuses on an ok year 50-70%, could be substantially higher in a gangbusters year
Unless things have changed dramatically since a few years ago, I don't see BRG paying out bonuses in that high of a range.
Likely estimation is probably 50% of that at 25% - 35%.
Yeah, my friend is a senior there and she was at 145k base last year. Not sure what her bonus was, but she was mad about it - though she’s self-admittedly not a top performer.
There’s something about their corporate structure that doesn’t equate to associate at other places though, if memory serves.
SA = Senior Associate?
Yes.
As above poster mentioned, BRG is a well-known name within the space that has been around for a bit and is comparable to well-known, recognized boutiques in IB.
Neque nesciunt libero corrupti perferendis animi vitae quia. Et nihil a aspernatur. Assumenda omnis magni perferendis commodi voluptatum maiores laboriosam.
Possimus repellendus et veritatis qui qui explicabo et harum. Sint voluptatem dolores illum et autem maxime aliquid. Ullam consequatur qui excepturi. Doloremque qui et ducimus odio.
Culpa tempore debitis ut consequuntur repellat expedita sed est. Quasi maxime itaque itaque ea. Rerum et eum quod laudantium voluptatum veniam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...