WSO: Q&A: Traditional Asset Management (BO to FO)

[image]() Hey {NAME}, The [FTC is investigating ChatGPT-maker OpenAI]() to understand if the company has violated consumer protection laws. For a breakdown of similar stories every day, check out [The Daily Peel](=). -Patrick TOP DISCUSSIONS 1) [Q&A: Traditional AM (+Back Office To Front Office)]() - "My prep for IB when I was pursuing it was helpful. Although my team isn't value oriented we need to know the basics of modeling, excel, looking through 10Ks 10Qs on top of everything else. Added to that, my ticket to the opportunity was coding skills. I have working knowledge of python, sql, C#, html and used those to make cool tools for front office teams..." 2) [Why Do People Put “Ex-Goldman”, “Ex-Citadel”, “Ex-Citi” In Their LinkedIn Headers](=) - "Many people are struggling to find jobs and need to try to make their profiles stand out. Working at a top company for a lengthy period of time can show people that you were intelligent and dynamic enough to get into a competitive place. It is the same exact rationale as listing your education on your linked in if you went to a top college..." 3) [Know the Terrain]() - "You won’t get this intel from industry news sites, regulatory filings, or any other sources. Here's more than 2,100 private-target acquisitions valued at more than $460bn—most of which aren’t required to be publicly reported." 4) [Anyone Dealing with Horrible Interns?]() - "I don't want to turn this into a "the older generation was better and the current generation is horrible", but I think there is a shift right. More on, on the current generation, even the last couple, its a little more transactional; meaning, they're more focused on getting something done than actually learning from it. For example, we focus on a lot of "get this to do this", as in, get a college degree, not, learn something in college. Or just get an A, doesn't matter if you cheat..." 5) [Seven Things These Amazing IB Decks Can Teach You]( - "Wanna up your deck game? Check out these key takeaways from 65 IB deck examples from top firms" 6) [How Entrepreneurship Isn't Prestigious?]() - "If prestige pushes people to take lower-paid jobs compared to unprestigious but well-compensated jobs, how is that different from an Entrepreneur that lives as a homeless for the sake of being an entrepreneur vs. being employed?" UNLOCK YOUR POTENTIAL [image]() Attention all financial wizards and career climbers, are you ready to take your modeling skills to the next level? If you're looking for an undervalued investment in your career, look no further than [WSO's Elite Modeling Package!](=) With 6 courses designed to turn you into an absolute Excel master, this is the package that keeps on giving. From building a 3-statement model to tackling complex LBO modeling and M&A transactions, this package has got you covered. You'll also build a solid foundation in trading comparables and precedent transactions analysis and DCF modeling, all using the versatile and relatable example of Nike, Inc. And as if that wasn't enough, the first 3 Peel readers to sign up for the Elite Modeling Program in the next 24 hours will also get access to our Foundations Program! That's right, a two-for-one deal that'll have you feeling like a baller in no time. So don't miss out on this opportunity to [boost your career](=) and invest in WSO's Elite Modeling Package now! #ModelOn #FinancialGains #CareerGoals TOP DISCUSSIONS CONTINUED 7) [What's with the “Loser Talk”]( - "People quitting are doing what 95% wish we could do, but don't have the balls or bank account to do. Let's not act like IB is glorious or even that the perception of what the job entails remotely meets the reality of actually having to do it for more than a summer internship (when there is a close and definite light at the end of the tunnel). If someone realizes right away that this job is not for them and that there is more to life than being your MD's servant boy…kudos to them." 8) [Falling Out of Love with NYC]( - "This is my second summer in the city and spent a fair amount of time in it growing up. Up through college I always put NYC up on a pedestal but having second thoughts now. The more time I spend here the more I realize that this isn't the place for me long term. Things that are turning me away: lack of greenery, the chaos, how expensive it is, the abundance of homeless people, the amount of vain/self centered people I meet at bars/clubs, how it smells like trash everywhere, etc..." 9) [How to discover & close more deals]() - "Fundz is a real-time database for dealmakers, helping people discover, connect and close more customers after key business trigger events, such as new rounds of fundings, acquisitions, crowdfunding & new executive hirings." POLL OF THE WEEK [image]() WSO ALPHA - LATEST UPDATES We just uploaded the [May brokerage](=) report for those of you curious how we did. HOT JOBS [Investment Associate - San Diego, CA and New York](=) - "The Firm is seeking an associate to support our growing organization. Candidates should be knowledgeable in financial markets and emerging technology, uniquely experienced and biased toward action and results. You will work directly with the investment team to support specific aspects of pre and post-investment workflow. This role will be demanding – consisting of market and technical research, investment diligence, and other activities critical to informed decision-making..." [Institutional Sales – Cash Solutions (Remote)](=) - "The firm is uniquely positioned to make meaningful and measurable contributions to designated veteran and underserved communities - commitment to share a percentage of our GROSS revenue with them" [Investment Lead]( - "The firm is a first-of-its-kind brokerage for managing large stock positions. We make the financial instruments used by the ultra-wealthy to manage concentrated wealth available more broadly." [Senior Associate or VP - Investment Banking (Southwest, US)](=) - "Be part of the execution of capital raise and M&A transactions, strategic advisory work, and valuations." [Investment Banking Associate, Tech (West Coast, US)]() - "This is an excellent opportunity for someone who enjoys technology and has two or more years of working as an investment banker with early-stage technology companies. Initially, the position will be split roughly 80/20 between analytical and client management requirements, although we would expect the client engagement management component to grow over time." [Equity Research Analyst (NY)]() - "The firm is a NY-based L/S hedge fund seeking to hire an Equity Research Analyst to support the firm's research and financial analysis of prospective investment opportunities. The Analyst will be reporting directly to the CIO and COO of the firm. The firm takes a value-oriented, fundamental approach to investing in publicly traded REITs and real estate-related companies, focusing on special situations and distressed investing. It has strategic backing from a multi-billion-dollar alternative asset manager." [Wall Street Oasis Finance Research Analyst Internship]( (Remote) - "We're looking for several interns to commit to 15hrs/week over 12 weeks (175 hours total). Perks include courses, WSO bootcamp, LinkedIn recommendations and more..." [Browse all jobs on The Talent Oasis]() @WALLSTREETOASIS TOP POST [image](=) ON DECK - TRAINING All in Eastern Standard Time - July 29, 10am - 5pm - [Investment Banking Interview Bootcamp](** (Open Now) - Aug 12, 10am - 2pm - [Excel Master Bootcamp]()**** (Open Now) - Aug 19, 10am - 2pm - [Venture Capital Bootcamp]() (Open Now) - Aug 26, 10am - 5pm - [Financial Modeling & Valuation Bootcamp](=)** (Open Now) Stay Strong,aPatrick 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! ** Financial Modeling & Valuation Bootcamp includes lifetime access to the [Elite Modeling Package](=) *** Investment Banking Interview Bootcamp includes lifetime access to the [IB Interview Course]( **** Excel Master Bootcamps include lifetime access to the [Excel Modeling Course]() [Facebook]( [Twitter]( [LinkedIn]( [YouTube]( [Instagram]( [image](=) Don't want the WSO Weekly Wrap Up? [UNSUBSCRIBE HERE]( [Unsubscribe]( from ALL WSO Emails IB Oasis Corp. (aka "Wall Street Oasis") 20705 Saint Charles St Saratoga, California 95070 United States