WSO: Happier in Finance?

[image]( Hey {NAME}, IB recruiting season is HERE. Don't be too late - make the most of the next couple months. [Check out WSO Academy]( -Patrick TOP DISCUSSIONS 1) [PSA - Always Call Former Employees]( -"I recently left banking for a corporate role that ended up being completely different than the offer I signed, and I could have avoided this entirely if I'd called the former group head who left this firm after <1 year. To all monkeys who are desperate to leave banking, make sure you do your diligence on your next seat with the same level of thoroughness that they are using to evaluate you..." 2) [London PC Q&A]( - "Background is 2 years IBD and now 8 years in private credit (across 2 firms). Will try and keep this as anonymous as possible but currently finishing up my VP years at a MF PC shop in London." 3) [Do You Think You’re Happier in Finance than if You Worked in Another Industry?]( - "Lol it sound like in the US, society is one of the most unequal and divided in many ways so many people will be unhappy regardless of professions they choose to do." Set the standard. [image]( If you care about the state of the world and want to set it on a better course, we have a solution that may be somewhat surprising: work in finance. At CFA Institute, our courses are deeply rooted in ethical perspective. But we don’t just teach — we create codes of conduct, and impact key policy issues with global governments and regulators. Visit [cfainstitute.org/setthestandard]( to join a global network of investment professionals setting the standard through performance with purpose. [Get Started]( TOP DISCUSSIONS CONTINUED 4) [Realistic Opportunity Cost of a CFA]( - "The right way to approach it is to start applying CFA - level discipline to other areas of your life. Start to think truly why you are able to activate that discipline for CFA and tap into that. (It probably isn't money because 1k/exam for most of us isn't super significant)..." 5) [Who is Actually Good in the Secondaries Game?]( - "The best groups are the smaller ones, typically that have been around for a while W Capital, Sweetwater, Industry Ventures, Private Advisors etc. I don't know why everyone on WSO thinks bigger = better." 6) [Citi Shutting Down Municipal Platform]( - "Although we compete for the same business, no muni banker is pleased to see Citi get shut down and 100+ people lose their jobs. It’s a sad day in the space..." 7) [Craziest Christmas Party Stories]( - "We used to have pretty crazy parties back when we were private. We rented out a (very large) and super classy local bar/restaurant for the evening. Because five hours of drinking wasn't enough for some people there was normally an after party at a local dive. (The downtown cop/firefighter bar--IYKYK). I was told that one year two of the external wholesalers got into an argument about who had the better year at the after party. It turned physical, and one guy gave the other a black eye. The following morning one called the other and they both agreed that it never happened. The external wholesalers really are prima-donnas. (Last I heard base was ~$45k and average total comp was $300-500 for most)." NEW PODCAST COMING IN HOT E271: The Daily Peel | The AI War Continues - - Listen on [Apple Podcasts]( | [Spotify]( E272: The Daily Peel | Interest Rates' Lower For Sooner? - - Listen on [Apple Podcasts]( | [Spotify]( E273: The Daily Peel | The Streaming Wars - - Listen on [Apple Podcasts]( | [Spotify]( E274: The Daily Peel | The S&P's Magnificent Seven - - Listen on [Apple Podcasts]( | [Spotify]( E275: The Daily Peel | WSO Platinum Banana: Deal of the Year - - Listen on [Apple Podcasts]( | [Spotify]( WSO ALPHA - LATEST UPDATES We just uploaded the [November brokerage report]( for those of you curious how we did. HOT JOBS [Asset Management Associate - Pittsburgh, PA]( - "The Asset Management Associate is accountable for driving and optimizing the performance of a regional multi-family portfolio. They execute due diligence matters swiftly and accurately while developing and implementing business plans to advance the goal of $1B in Assets Under Management by 2030." [Research Associate (Equity Small Mid Cap) - New York, NY]( - "This position will support the Small/Mid-Cap Equity research team and be initially be responsible for covering multiple sectors in support of current team members. Coverage will evolve depending upon interest and team needs." [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. They focus on investments in high-quality, founder-owned companies where they take either control or minority stakes to support acquisitions, inactive shareholder liquidity, or various growth capital needs. They concentrate on B2B service companies, particularly those with strong tech enablement and diverse, recurring revenue streams." [Senior Business Development Executive - Dallas, TX]( - "This is a fantastic and rare opportunity for anyone looking for a Mid/Senior-level business development role within the Asset Management industry, with excellent potential for progression. You will be joining our Dallas office, working closely with the London and New York team. You will be responsible for identifying new opportunities, developing relationships with fund managers, and promoting the Firm. They offer a very competitive commission structure and candidates will have the opportunity to directly contribute to the Firm's growth." [Research Analyst (Value) - New York, NY]( - "The Firm's Value Group is a team of highly collaborative investment professionals who possess high levels of personal initiative. Frequent communication and interaction among analysts and portfolio managers across different strategies is strongly encouraged and welcomed. This Analyst position will be responsible for covering the Asia & Australia/NZ industrials sector with an emphasis on 1) transportation infrastructure and 2) clean/green energy & decarbonization equipment manufacturers and/or service providers. The Analyst’s coverage will be most closely aligned with our Global Infrastructure and Carbon Solutions strategies." [Research Associate (Large Cap Growth Equity)]( - "The Firm is a global investment management firm with over $180bn in AUM spanning across a range of various equity and fixed-income investment strategies. This position will support the Large Cap Growth Equity research team and will be responsible for coverage of growth-oriented consumer, internet, and media companies." [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 - Jan 6, 10am - 2pm - [Excel Master Bootcamp](**** (Open Now) - Jan 20-21, 10am - 6pm - [Financial Modeling & Valuation Bootcamp](** (Open Now) - Jan 27, 10am - 2pm - [Investment Banking Interview Bootcamp](*** (Open Now) - Feb 3, 10am - 6pm - [Private Equity Interview Bootcamp](* (Open Now) - Feb 10-11, 10am - 6pm - [Financial Modeling & Valuation Bootcamp](** (Open Now) - Feb 24, 10am - 2pm - [Investment Banking 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! * Private Equity Interview Bootcamp includes lifetime access to the [Private Equity Interview Course]( ** Financial Modeling & Valuation Bootcamp includes lifetime access to the [Elite Modeling Package]( *** Investment Banking Interview Bootcamp includes lifetime access to the [IB Interview 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