Boutique Investment Banks

[goldski]

Hello everyone,

I was wondering if someone could enlighten me more on "boutique investment banks". I have an interview with a boutique firm coming up. I was wondering how these boutique's were looked upon on the street. The firm is publicly traded on NASDAQ if that helps. They have around 250+ employees.
How do I evaluate such a place? The position is an internship in the Investment Banking division. It's one of Piper Jeffries, H Lokey, Haris and Haris, Rodman and Renshaw.

Any help would be great.

 

[MSFHQ]

PJ has a solid heath care team. I've heard so so things about R&R. Lokey is cool and isn't Haris/Haris a Chicago based bank?

These are all fine shows. Obviously not BB's so your experience will be a little more different, but end of the day, you will get experience and be able to flow into PE or Bschool.

The thing with smallish banks is they usually have a niche focus. See how they fit in that niche and then you will be able to evaluate them better.

 

[goldski]

PJ has a solid heath care team. I've heard so so things about R&R. Lokey is cool and isn't Haris/Haris a Chicago based bank?

These are all fine shows. Obviously not BB's so your experience will be a little more different, but end of the day, you will get experience and be able to flow into PE or Bschool.

The thing with smallish banks is they usually have a niche focus. See how they fit in that niche and then you will be able to evaluate them better.

Well...It's R&R. What have you heard about them?

 

[MSFHQ]

Some people were bashing it, but I don't think it is an accurate view. A friend of mine works their in Inst Sales. Apparently they focus on shipping and metals and mining. At least that is on the sales side.

It is a known name. Others might be better, but it isn't anything to look down on. Good luck!

 

[goldski]

Some people were bashing it, but I don't think it is an accurate view. A friend of mine works their in Inst Sales. Apparently they focus on shipping and metals and mining. At least that is on the sales side.

It is a known name. Others might be better, but it isn't anything to look down on. Good luck!

Yeah. I saw the "bashing" too. I looked up the people who work there on LinkedIN and seems like lots of ivy league MBA's are directors and MD's there so that should be a good sign.

Thanks for the info anyways.

 

[alain]

... and seems like lots of ivy league MBA's are directors and MD's there so that should be a good sign.

and if you look at the most of the white collar criminals in jail, they also come from ivy league schools and ivy league MBA's.

 

[iddqd]

http://www.leveragedsellout.com/2005/09/the-boutique/

Just in jest

 

[Joy Pathak]

http://www.leveragedsellout.com/2005/09/the-boutique/

Just in jest

Haha That is rough.

 

[goldski]

Thanks for the info. I will give it a shot and see what they say.