If by coming up the ranks rapidly you actually mean SHIT, PURE SHIT

then yes you are correct.

Yes you will pitch all day if you are lucky, most of times I think you process debit cards.

 
Best Response
boutiquebank4life:
What are most people's experiences of lateraling to BB's? Is it better to make contacts with analysts or higher up (associates/vp's)? I'm currently at a small boutique and I'm looking at moving to BB's like Citi, MS, UBS, BoA, JPM, WF, GS, Barcap. Basically all of them except the more international ones like DB and CS.

Do you also have a better chance of lateral if you apply to the same group rather than a new group?

You were trying to make the move to WF a year ago....what happened, you got fired from your boutique and U JELLY of everyone else getting into the industry.

Jesus Christ man, how long can you troll for?

 
SHORTmyCDO:
boutiquebank4life:
What are most people's experiences of lateraling to BB's? Is it better to make contacts with analysts or higher up (associates/vp's)? I'm currently at a small boutique and I'm looking at moving to BB's like Citi, MS, UBS, BoA, JPM, WF, GS, Barcap. Basically all of them except the more international ones like DB and CS.

Do you also have a better chance of lateral if you apply to the same group rather than a new group?

You were trying to make the move to WF a year ago....what happened, you got fired from your boutique and U JELLY of everyone else getting into the industry.

Jesus Christ man, how long can you troll for?

Owned. Now he real jelly

 
Eric Stratton:
SHORTmyCDO:
boutiquebank4life:
What are most people's experiences of lateraling to BB's? Is it better to make contacts with analysts or higher up (associates/vp's)? I'm currently at a small boutique and I'm looking at moving to BB's like Citi, MS, UBS, BoA, JPM, WF, GS, Barcap. Basically all of them except the more international ones like DB and CS.

Do you also have a better chance of lateral if you apply to the same group rather than a new group?

You were trying to make the move to WF a year ago....what happened, you got fired from your boutique and U JELLY of everyone else getting into the industry.

Jesus Christ man, how long can you troll for?

Owned. Now he real jelly

LOL, a year ago he's trying to move to a BB and yet his name is "boutique" for life. Also was asking for advice on how to get to a BB but yet ends up at a "megafund". He's "stylin" on us, and YES we are Oh sooo Jelly.

You give me a gift? *BAM* Thank you note! You invite me somewhere? *POW* RSVP! You do me a favor? *WHAM* Favor returned! Do not test my politeness.
 

OP, Wells Fargo is not rapidly climbing the ranks. In one fell swoop, Wells Fargo fortuitously found itself in the upper mid-market and lower bulge bracket crust by acquiring Wachovia and combining the firms' respective investment banking outfits. Wells has not progressed since then.

TMT at Wells is a debt factory. I interviewed there and the M&A analyst I talked with seemed very detached and disillusioned with life there, even complaining that he wasn't doing a lot of M&A.

As Wells Fargo was quite weak in IBD before acquiring Wachovia, legacy Wachovia is the heart of Wells' IBD outfit and Wachovia was never strong in TMT. As another poster said, you should aim for the industrials group.

 

Eaque similique porro ut optio ipsa quis distinctio. Quia debitis enim laboriosam quibusdam quis ratione nobis. Consectetur aperiam ratione delectus consectetur facilis omnis mollitia.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (92) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”