Pros
- Entrepreneurial environment
- Client interaction at the analyst level
- Outside of senior management, there is good team comradery
Cons
*I wish I could give this place zero stars
- You will spend 90% of your time inputting information into a database. Your performance is based on the number of entries inputted, rather than being judged on your actual financial or banking acumen.
- Managing partner is nonexistent and rarely in the office. As such, you are given little or no direction.
- Extreme focus on buyside transactions which is completely abnormal for the industry. Brocair operates as a cold call broker rather than an advisor. Success rates are very low.
- From the people I have spoken with about Brocair, the firm is not highly regarded or acknowledged.
- Senior management has limited financial and understanding of transactions.
- No training, nonexistent investment in human capital.
- The firm is operated at the lowest cost possible, as such the dinner budget is way below market, there are no cabs at night, there is no admin so analysts have to take on many administrative tasks, expenses are heavily scrutinized, bonuses are very low (and paid over the course of 12 months)
- Hours are set at 9am-9pm. Need to notify management if an analyst would like to leave prior to 9pm.
- The “office” is a small room (no windows) with employees being jammed in like sardines.