Overview
Introduction
Guggenheim Securities provides advisory, sales and trading, research, and financing services. Recent clients include IBM, Disney, Pfizer, and Verizon. The firm's interns get a lot of responsibility, live deal experience, and experience across various industries and products. Even the most junior bankers get significant access to senior leadership and clients.
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Vault Verdict
Guggenheim Securities is looking for intellectually curious, hardworking, personable, positive self-starters who are eager to learn and have strong technical knowledge. For students, the firm runs a very valuable internship program. Interns get hands-on experience on live deals, great training, and excellent mentoring and networking opportunities. For its full-time junior bankers, Guggenheim offers extensive growth and learning opportunities, including significant early responsibility on live transactions, client exposure, great training and mentoring, and an apprenticeship culture that places an emphasis on developing and cultivating junior bankers.
Although hours can be long and unpredictable and it can be difficult to use all your vacation time, Guggenheim’s s...
About the Company
Guggenheim Securities is the investment banking and capital markets arm of Guggenheim Partners, which employs more than 2,400 people worldwide and is headquartered in Chicago and New York. Guggenheim Securities, which employs more than 1,100 professionals, provides advisory, sales and trading, research, and financing services. Recent advisory clients include Jersey Mike’s, IBM, The Walt Disney Company, Paramount, Pfizer, Blackstone, Thomson Reuters, Array Technologies, and Lucid Group.
Since its founding, Guggenheim Securities has advised on more than $1.6 trillion worth of announced M&A transactions and over $440 billion in debt and equity financing. In addition to investment banking services, Guggenheim Partners offers investment management and investment advisory services. It has more than $335 billion in assets under ma...
Employee Reviews
- “There is an appreciation for hard work and empathy when working longer hours enough to ensure make up for it with some downtime. There is also an open discussion about morning routines, allowing employees to go to the gym, for example, at a reasonable hour. And social engagements are encouraged for team bonding. However, there is the potential that you have to work during holidays and not being able to rollover vacation.”
- “Our time is valued and there’s no ‘busy work.’ Seniors are thoughtful about which tasks they pass along to prevent us from working on low-value projects. Tightknit culture where you feel support from your peers. Hard work is appreciated, and feedback is common.”
- “It’s simple: you are treated like an adult. When there is work to do (and there is plenty) you are expected to get it done without question. But as long as you get the work done on time and you execute it well, your free time is your own. There is no face-time culture. You can build a sustainable career here in an industry notorious for burning people out.”
- “We are able to work remotely on Fridays, which is really helpful for work/life balance. Additionally, we are able to work remotely before Thanksgiving and between Christmas and New Years, making people able to spend time with their families while still working. We do not have protected Saturdays or holidays. Employees take roughly half of the allocated vacation days, and during which it is possible that they will have to work.”
Getting Hired Here
- “Guggenheim relies on a Super Day to interview, and in order to receive an offer for a Super Day interview, it’s important top extensively network with current employees to show interest and stand out. The ideal candidate is very smart technically but more importantly friendly, positive, and eager to learn. Guggenheim places emphasis on how well a candidate would be able to thrive in the IB environment and learn from older analysts vs. those that already know everything there is to know about finance.”
- “The firm uses technicals for a base level of understanding to make sure a candidate can move on to the next round, but the key is cultural fit in the following rounds. Team members need to be intellectually curious and have a positive attitude to make sure they have success at the firm.”
- “We often do our full Super Days in a single shot—a long day for the interviewer. First round in the morning is technical, later part of the day is more behavioral and technical split. We are seeking candidates who check the technical box but generally fit the kind of people we look to hire here at Guggenheim—hardworking self-starters who are motivated to learn and do good work but don't take life too seriously and know when it’s appropriate to be social.”
- “Looking for smart, hardworking, charismatic people who are team-oriented and intellectual. A pretty big importance is placed on critical thinking: Can you see the big picture? Can you ask questions? Can you collaborate rather than just knowing how to do the model well?”
Perks & Benefits