Pros
Only pro about working at Gugg was the camaraderie with my analyst class because we all went through hell together.
Cons
It wasn’t until I left Gugg after 2.5 years as an analyst that I realized I lost all sense of self worth while I was working there. Shoutout to the SPO team - an absolute sweatshop run by ex-Lehman / Bear Stearns structured products folks who learned nothing about the ‘08 crash besides figuring out how to make more complex financial products…they like to call it “esoteric” or “non-traditional”. There are a select few MDs that had a sense of morality, but the majority treat you like a cog in the machine…and you better be the best cog as possible because any mistake will grant you a nice “come to my office” verbal beat down. As an example, Guggenheim depleted my mental state to the point that I truly believed I was a worthless human being after I sent a draft pitch book to an SMD in arial size 9 when it should’ve been size 10. Looking back, it was a great experience because it taught me the traits of a human being that I never want to become. Shoutout Gugg SPO for allowing me to see what it’s like to be truly miserable and greedy from the outside. I am so happy I am not an employee at guggenheim anymore. Life is precious. Be cognizant of how you spend it.