Wells Fargo Leveraged Finance
我know the group has the best deal flow and revenue at WFS. The threads in the board refer to it as the strongest group within Wells; however, my understanding is that Sponsors owns theLBOmodeling. I've been told they do high yield and term loan b (mostly refi). With this in mind, would it still be the best group within我Bat WFS for an analyst? What would the exit opps be versus industry coverage (Industrials, HCG, E&P, orTMT)?
Comments (21)
Not sure, but just wanted to give you some other advice: unless you don't care too much about people figuring out who you are onWSO, change your profile image bro. It's very easy to find your full name just from that
this is interesting
我t depends on your goals. If you wantPE然后一个建模lite组会伤害你。我f you want to stay in credit and move around within this space I don't think it's an issue. IMO you only need hard core modeling when you're equity or mezz. Or lending to illiquid smaller companies.
我have a bit of first hand knowledge ofWF。我n terms of exit opportunities, Lev Fin is the best. Sponsors deal flow was disappointing the last I heard and placement pretty bad. AlsoWFtends to not like to do PE deal due to its "conservative" nature. However, most Lev Fin analysts go to credit shops not PE at WF. Analyst moral was pretty low a few years back because of some placement issues. Industrials does pretty good.TMT是(是?)汗水店。只要确保您不会因最终遇到的任何小组的工作而陷入困境buyside recruitment cycles。我'm biased to product groups because you get to do more analytical work (relatively speaking).
小贴士:1。计划你的逃避。做研究。去to recruiters first. Try not to take too much advice from people who will likely be competing for the same jobs as you. 2. Know that if you are in Charlotte recruiting on the east coast (NYC, Boston) will be difficult. 3. Find time to teach yourselfLBOmodeling if you never see it. 4. There is an internal struggle atWFbetween placing analysts with good buyside opps vs retaining them. I know that the Lev Fin group is one of the more friendly groups when it comes to letting its analysts go interview and stuff. 5. People who can hustle/network will ALWAYS do better than the people with the largest amount of deal experience and this is taking into account analyst rankings.
我f you have more questions PM me. I'm trying to stay as anonymous as possible. LOL
Any exits toHF's?
300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.
Learn moreYes, plenty. I'd argue that exits fromWFLev Fin toHFare more likely thanPE。但是,要重复我的警告故事,其中很多事情都取决于位置和主动性。不要误会我的意思,招聘人员确实会伸向分析师,但是如果您在高盛(Goldman)工作或其他东西,它不会像您收到的那样多。纽约lacks deal flow, but you're in纽约。Charlotte has the deal flow, but it's Charlotte.
please answerWFLevfin(Originally Posted: 10/02/2012)
。
您会有更好的OPP来自JPM,Citi, orBAML。。。Wells does a lot of deals but there isn't a ton of modeling if you're doing primarilyHYissuance, and I haven't seen them on a ton of sponsor stuff
Actually I think they are pretty active in the leveraged loan space, so you'd probably get some a fair amount of deal flow and solid modeling experience.WFis at the top of the most recent leveraged loan league tables http://about.bloomberg.com/pdf/gslc.pdf. Lev fin can definitely provide a valuable skillset and modeling experience when you're dealing with complex cap structures.
is this Wells CapFin or Wells Securities?
WFLevfinis by far the biggest and most demanding group in the firm. They do tons of deals (especially energy).WFmodeling is mostly done within the industry groups so you may not see a lot of that but you still do some.
How are the exits from it though? I know i shouldn't be worrying about this, but I really want to go intoPEafter doing a fewinternships在里面。
。
Haha, I guess I have lower standards - I was considering anything in the top 5 still "the top"...
我t's going to be a solid group given the shear volume of deals. I hope you're not talking aboutFTrecruiting because that finished last week atWF我BD。
另外,您可能不在乎,但韦尔斯(Wells)从分析师中促进了他们的粪便,因此要考虑这是一件严肃的事情。如果您努力工作,做出良好的工作,并希望成为三年级的分析师 - >与该选项相关联。
我只能说,我希望您喜欢市场更新幻灯片和价格。这是基于第一手经验
Array
我t's definitely their best group.Levfingenerates ~45%-50% of revenue forWFSecurities, and resources are allocated accordingly. Their Houston office has been killing it recently, in particular. Bonus was roughly 50k for first years.
Terms of opps, I'd guess onlyWFSponsors provides better exits simply because you're working withPEfunds,但是IIRC赞助商仅位于洛杉矶,NY, so you're not going to be in Charlotte. That being said, you're typically gonna doHYissuances and levered loans, notLBOsor M&A. Pretty sure the Charlotte guys get intoMMPE相当定期。他们的第三年之一才去American Capital。
我wouldn't say it's their best group in terms of exit ops, per se. Really that will depend on how much modeling you get to do, the potential employers you get exposed to, etc. I know theirTMTgroup used to be absolutely brutal, but that was a year or two ago. It was a tough group to work in but you got a ton of experience. I don't know if that's still the case.
As far as exit opportunities are concerned, you could make it toPE在......之外WF, but chances are it will be a smaller,MMfund, nothing large or known. If that's okay with you and you like Charlotte and/or the SE, then it would seem like a decent opportunity. If that isn't something that interests you then you may need to keep fishing.
Ultimately, it comes down to what other options you have. If it's your only solid lead, take it. If you have other leads, then you have to weigh them against each other.
Regards
Dolor nostrum provident quod laudantium rerum non esse ipsa. Adipisci corrupti beatae a voluptates. Dolor rerum rerum quis cumque et aut et.
SED DOLORES OMNIS AMET ILLUM ILLO VERO ODIO。UT自动minima。Enim iste odit quo defipitatibus aliquam。ET自动误差UT et Aut Aut Architecto减去。UT molestias id qui facilis。cupidates saepe delectus asperiores。
See All Comments - 100% Free
WSO取决于每个人都知道某事时能够参与进来。解锁您的电子邮件并获得奖金:6 financial modeling lessons free($199 value)
orUnlockwith your social account...