WSO: Guide to LA IB Scene (2025)

November 16, 2024

Hey WSO Monkey,

We just had some amazing placements at Lazard, Centerview, BoA, Wells, and Goldman all in the last few weeks. If you haven’t checked us out yet, you can learn more about WSO Academy here.

-Patrick

Top Discussions

  1. Reminder to Keep In Touch With Your Parents… - "For those of you in college/in your 20s just a reminder to find the time to always respond to your parents. There’s always a lot of existential thinking but we are still only 1/4 a way through life. Most of our parents are 3/4 assuming the loose rule of 80. So when they pester you with texts, calls, or what may seem as annoying over the top reminders….please try and empathize and understand how they feel. Show gratitude to the ones who gave you your shot in this world while you have that time."

  2. Maybe We Were Too Harsh on Gen-Z Analysts/Associates - "It's the young people who will inherit this world, and so it is their responsibility to pick their leaders carefully. If I had to guess, what is turning them to the right the hardest is probably the woke non-sense which has ceaselessly sought to deconstruct and criminalize certain segments of the population, and turn people against each other. The older people have been brainwashed and won't change their opinions... They'll just die off eventually."

  3. Guide to LA IB Scene (2025 Edition) - "To continue the trend of the posts the past couple of years, and especially given that the LA banking scene has changed quite a bit over the past year, I thought it would be prudent to write up an updated guide coming into recruiting season for all the prospects on this forum..."

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Wednesday, November 20, 2024

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Top Discussions (contd.)

  1. What’s Something That You’ve Learned That They Don’t Teach You in Uni? - "The value of taking your time. Everyone’s so eager to jump to the next title or salary bump, but here’s the thing: moving too fast can actually work against you. Real respect (and trust for that matter) comes from mastering the role you’re in, even the boring stuff. When people see you truly know your stuff and aren’t just climbing for the sake of it, you start getting more freedom and bigger responsibilities naturally. Someone mentioned something along the lines of "you need to be on a solid ground to make the jump" and it kind of stuck with me."

  2. Private Equity vs Poor Liquidity - “Exactly how did PE dealmakers keep value flowing over the long dry spell for exits? It was thanks to a range of ingenious strategies, and a focus on quality over quantity. Hear from a panel of experts from leading PE firms as they explore the inventive strategies that have kept PE deals thriving, maintaining strong valuations despite economic challenges. On-demand webinar available now: The PE quest for liquidity. Watch now.“

  3. PE Portco Is Paradise - "With the draft deck in good shape, you eagerly await the Zoom link to come through. You’ve done hundreds of board presentations in the past, so you know exactly what to expect. “Put on another pot of coffee, we’re gonna be here for a while”, you think to yourself. You are surprised when the invite comes through, “30 minutes? WTF, that is not even enough time to thoroughly explain my spider charts”, you say to your uninterested wife..."

New Podcasts Coming in Hot 🔥

  • Elon Musk: The Richest Person in History?

  • The Impact of Trump’s Re-election on the Stock Market

WSO Alpha - Latest Updates 📈

We uploaded the October brokerage report for those of you curious about how we did.

Hot Jobs 💼

Investment Banking Analyst - “A boutique IB practice focused on MM M&A. Lean, mean, entrepreneurial team of highly motivated deal makers who all ‘punch above our weight’. While other investment banks have large teams working around the clock, we work smart in small teams, and achieve outstanding results for our clients and still get home in time to see our families. Industry generalists…“

Investment Analyst - "...invests in privately held companies across media and entertainment, including film and television, digital media, creator economy, video games, live experiences, sports, and related services and enabling technologies ..."

Director of M&A - "...formed to be the best long-term home for independent companies that provide unique data, content or information focused on small but important niches and are owned and operated by founders."

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."

On Deck - Training 🎓

All in Eastern Standard Time

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!




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