📅 WSO: Best Place to Raise a Family (US)

Hey {NAME}, I’m super pumped because we just launched our mock interview grading system inside [WSO Academy.](=) Our students now get graded across 10 different sub-categories and receive hard data and feedback on their performances as they improve mock to mock. If you haven’t checked us out yet, you can learn more about WSO Academy [here.]( -Patrick Top Discussions 1. [Best Place to Raise a Family in the U.S.?]() - "I'm in my mid 35, earn US225k base per year and a 25% bonus that is pretty much like clockwork. Pay goes up 8-10% each year. Wife doesn't work so I'm the sole income earner and we have a baby. Currently live in London and my work is transferring me to the U.S. to work remotely and said I can live anywhere I want. We don't mind snow or cold but would ideally like somewhere that has some sunshine. Best weather/vibe is San Diego but I can't afford a single family home there. Top priorities: Safety, good schools, reasonable weather, some kind of natural beauty..." 2. [Q&A: HK IB to Strategy & Operations @ AI Company]() - "I do not have a shiny background. Worked in (Lower) Middle Market IB back in NYC. Went to Hong Kong to mainly work on IPOs for healthcare clients. Before this AI startup, I had a few opportunities to work at top-tier / second-tier private equity funds and/or hedge funds in China Mainland and/or Hong Kong. Eventually, due to a variety of factors, I did not go to any one of them..." Smart 1:1 coffee chats to boost team engagement with Aphinity.ai ☕ Coffee chats are a big part of growing your career, and large banks use tools like Aphinity.ai to create 1:1 intros between employees every week. Whether you're a student, young professional, or have career experience, it's beneficial to make new connections. Most people say that they don't know their colleagues, and it holds them back. It's no wonder employees are isolated, less productive, and feel like they're missing out on opportunities. If you're a team leader looking to improve retention & engagement in your organization, you need to be doing 1:1 employee intros. We recommend Aphinity.ai because it's simple to set up AI-powered 1:1 intros between co-workers. It integrates directly with Email and Slack, and is great for new hire onboarding, mentorship programs, and more. It's also used by 300+ communities and student organizations to connect their members. PLUS: We're offering readers a free demo and an exclusive 25% discount. [Click here to get Aphinity.ai for your organization](=) Top Discussions Continued 3. [PE Recruiting Prep Guide 2024](=) - "Understand that this is nothing like banking recruiting. Whereas previously you were competing against the “broader population” for many summer analyst spots, you are now competing against a much stronger pool of candidates for a smaller set of buyside seats. Each firm has far fewer seats per class vs. banking, so each hiring decision is far more weighty / risky from the firm’s perspective. The associate roles you are recruiting for are generally much more ‘advanced’ in terms of responsibility and importance on the team than the banking analyst role – expectations and ‘hiring threshold’ are much higher as a result..." 4. [The Emotional Rollercoaster of Trading for HF]( - "Pay is quite meh. It's highly variable and unlike investment banking, you could get fired any quarter for random bs. You are not in control of your career, and this industry is genuinely more luck than skill. You'll get random promotions, teams will get randomly fired, funds will collapse and a lot of times it won't be your fault. This makes your average compensation to be very unstable. Most traders know this so they live off their base salary, which tends to be lower than IB. Sure you may get an amazing bonus next year, but you could also get fired..." 5. [From Long Time Senior ER Analyst: Pay Attention to II When Selecting Your Junior Seat]()- "The trope of "II doesn't matter" was invented by Research Directors making excuses for their underperforming departments and trying to cover their asses. Make no mistake: analysts who underperform in II are underperforming in the field. The vast majority of II votes are auto-submitted from broker votes, especially among the highest commission paying institutions, which also have non-solicit policies for II. That means an analyst's II ranking is a very good proxy for their economic value to their firm..." 6. [Gifting Bonus to Parents?]() - "This is a great gesture and shows you have a lot of maturity at your age - not many people understand and appreciate the hard work and sacrifices their parents make for them until it's too late. With that said, you need to ensure you're not setting unrealistic expectations here - your parents should not be expecting six figures thank you gifts from you every year (situations can unfortunately change for the worse). With that said, I think gifting them a nice vacation, experience, dinner or something will be a great show of kindness. But again, you need to ensure you're always setting boundaries for yourself with friends and family..." New Podcasts Coming in Hot 🔥 - US Banks Sitting On $500 Billion of Unrealized Losses - Is Boston Beer for Sale? - Texas A&M to EB Investment Bank in NY - Chat with Connor - What Japan's Population Pyramid Says About It's Future = WSO Alpha - Latest Updates 📈 We uploaded the [April brokerage report]( for those of you curious how we did. Hot Jobs 💼 [Investment Banking Analyst - New York, NY]( - "Analysts work as part of our banking team and play a critical support role in the management of workflow and the execution of sell side transactions, assist on buy-side engagements, and in the generation of pitch books and financial models for our current and prospective clients..." [Sr Discretionary Researcher / Trader - Fully Remote]( - "We are a discretionary, event-driven proprietary trading firm and hedge fund specialized in the digital asset space." [Marketing Manager - West Coast, US]( - "The Firm is an early-stage venture capital firm with $300mn in assets under management and a deep commitment to supporting the next generation of groundbreaking technology..." [Research Associate (Equity Small Mid Cap) - New York, NY]() - "This position will support the Small/Mid-Cap Equity research team and initially be responsible for covering multiple sectors in support of current team members." [PE Associate - Reston, VA](=) - "The Firm is a growing middle-market private equity fund that currently manages over $700mn of committed capital across several fund vehicles." [Browse all jobs on The Talent Oasis](=) On Deck - Training 🎓 All in Eastern Standard Time - June 22, 10am - 2pm - [IB Interview Bootcamp]()*** (Open Now) - June 29, 10am - 6pm - [Foundations Bootcamp]( (Open Now) - July 13, 10am - 2pm - [VC Bootcamp]() (Open Now) - July 13, 10am - 2pm - [RE Modeling Bootcamp]( (Open Now) - July 20-21, 10am - 6pm - [FMV Bootcamp](** (Open Now) - July 27, 10am - 2pm - [IB Interview Bootcamp]()*** (Open Now) - Aug 3, 10am - 6pm - [PE Interview Bootcamp]()* (Open Now) Stay Strong, Patrick Curtis CEO and Founder, [WallStreetOasis.com]() WSO Mobile App: [iOS](=) | [Android]() PS - We're also always looking to add [resume reviewers](=) and [WSO Mentors](=) to our team. Set your own pay (from $40/hr to up to $400/hr) to increase or decrease mentee flow. To submit an application, go [here](. PPS - Think you have an interesting story? Want to share it with our podcast listeners? Hit reply and let me know! * PE Interview Bootcamp includes lifetime access to the [PE Interview Course]( ** FMV Bootcamp includes lifetime access to the [Elite Modeling Package](=) *** IB Interview Bootcamp includes lifetime access to the [IB Interview Course]( [Facebook](facebook.com/wallstreetoasis) [Twitter](twitter.com/wallstreetoasis) [LinkedIn]( [YouTube]() [Instagram](instagram.com/wallstreetoasis) Don't want the WSO Weekly Wrap Up? [Unsubscribe]( IB Oasis Corp. (aka "Wall Street Oasis") 14435 Big Basin Way PBN 444 Saratoga, California 95070 United States