2.0
May 10, 2021
Former employee, more than 5 years
New York, NY
Recommend
CEO approval
Business Outlook
Pros
Trial by fire in the early years leads to a breadth of knowledge you won't acquire at bulge brackets
Cons
Bonus clawback is draconian and by far the worst on Wall Street - don't stay past Associate for this reason Juniors are rarely promoted to MD. New MDs are typically laterals from larger banks / boutiques