List of investment banks in Calgary?
Is there a convenient list or way to find out all the investment banks, including boutiques with operations in Calgary so I could plan to apply to them all?
Is there a convenient list or way to find out all the investment banks, including boutiques with operations in Calgary so I could plan to apply to them all?
+250 | Intern has 2+ hours of coffee chats daily - WTF? | 40 | 2d | |
+186 | What happened to west coast talent? | 70 | 5h | |
+172 | Dealing with depression and insomnia after unsuccessful IB recruitment | 76 | 2h | |
+161 | NYU Stern Clubs 101 | 33 | 2s | |
+60 | Can’t do this FT | 20 | 5h | |
+59 | Just got asked to leave an IB internship mid summer... that's probably a first | 29 | 16h | |
+56 | Seeking Advice for Incoming Freshman | 21 | 17h | |
+41 | CVP partners making 8 figures??? | 30 | 39m | |
+39 | IB compensation Pulse check | 17 | 1h | |
+37 | Serious Anxiety | 21 | 16h |
Career Resources
Go to Google places and type in "Investment bank Calgary." Check out the regional boutiques thread on here too...someone might have posted Calgary on there.
Here:
Academy Investment Services, Inc.
Acumen Capital Finance Partners Limited
Alliance Trust Company
AltaCorp Capital Inc.
ARC Financial Corp., Investment Banking Arm
Associated Business Group (International) Inc.
ATB Financial, Inc.
Barclays Capital
Bashaw Agencies
Baxter Bold & Company
BelAir Energy Corp.
Bloom Capital Partners Inc.
BofA Merrill Lynch
BofA Merrill Lynch Petrie Divestiture Advisors
Bolder Investment Partners, Ltd.
BowMont Capital and Advisory Ltd.
C.P. Baker Securities Incorporated
Canaccord Enermarket
Canaccord Genuity Limited
Cargill Limited
CB Securities Inc.
CIBC World Markets Corp.
CIBC World Markets, Inc.
Clarus Securities Inc.
Collins Barrow Nova Scotia Inc.
Cormark Securities Inc.
Corplan Advisors Inc.
COSCO Canada Ltd.
COSCO Capital Management LLC
DAI Capital Advisors Inc.
Deloitte & Touche Corporate Finance Canada Inc.
DPM Securities Inc.
DundeeWealth Inc.
Emerging Equities Inc.
Ernst & Young LLP
Evergreen Capital Partners Inc.
Fairholme Resources Ltd
FirstEnergy Capital (USA) Corp.
FirstEnergy Capital Corp.
Geneva Merger & Acquisition Services of Canada (Ont.) Inc.
Giuliani Capital Advisors LLC
Global Exempt Market Solutions Ltd.
Global Maxfin Capital Inc.
GMP Securities L.P.
Goldman Sachs Canada, Inc.
Halcorp Capital Ltd.
HAMMER Capital Partners
Haywood Securities Inc.
Hoiming Enterprises Inc
HSBC Bank Canada
Humboldt Capital Corp. (TSXV:HMB)
i3 Capital Partners, Inc.
Invico Capital Advisory Services Inc.
Jennings Capital Inc.
KERN Partners, Advisory Business
Kingsdale Capital Corporation
Kirchner and Company, Inc.
Kirchner Private Capital Group
KV Corporate Finance Inc.
Lambridge Capital Partners Inc.
Leede Financial Markets, Inc.
Lehman Brothers Inc.
Lexxor Energy Inc.
Lightyear Capital Inc.
Lincoln-Mckay Development Company Ltd
Lionhart Capital Ltd.
Lockwood Financial Ltd.
Louis Dreyfus Energy Canada Securities LP
Mackie Research Capital Corporation
Macquarie Capital Markets Canada Ltd.
Magellan Merchant Capital Inc
McNally Valuations Inc.
Medwell Capital Corp. (TSXV:MWC)
MNP Corporate Finance Inc.
MP Energy Partnership
Mustang Capital Partners Inc.
National Bank Financial, Inc.
Natural Gas Exchange, Inc.
Neveu Group Of Investors
Newedge Canada Inc.
Northern Securities Inc.
Octagon Capital Corporation
Olympia Financial Group Inc. (TSXV:OLY)
Osprey Capital Partners
Paladin CMS
Paradigm Capital, Inc.
Peters & Co. Equities Inc.
Peters & Co., Limited
PI Financial Corp.
Pinnacle Wealth Brokers, Inc.
Polar Capital Corporation
Portfolio Strategies Corporation
PricewaterhouseCoopers LLP
Priority 1 Security Inc
Professional Investment Services (Canada) Inc.
Progress Land Services Ltd
Providence Grain Group Inc
R W Mitten Enterprises Ltd
Ram Oilfield Operating Ltd
Raymond James Ltd.
RBC Capital Markets LLC
RBC Rundle
Redtail Capital Partners Inc.
Reserve Royalty Corp.
Roche Securities Limited
Roynat Inc.
RSM Richter, LLP
Rundle Capital Limited
Salman Partners Inc.
Sandstone Merchant Capital Inc.
Sayer Energy Advisors
Scotia Capital Inc.
Scotia Waterous Inc.
Scott Land & Lease Ltd
Sempra Energy Trading LLC
Smith, Daryl Estate & Financial Planning Inc
Stifel Nicolaus Weisel
Stikeman Elliott LLP
Stonecap Securities Inc.
Stonechair Capital Corporation
STORMONT Energy Advisors
Sumex Inc.
Synergy Partners Inc.
Tallagium Corp.
TD Canada Trust
TD Securities Inc.
Thomas Weisel Partners Group, Inc.
Trek Financial and Valuation Advisors Ltd.
Tri-Corp Canada Investments Inc
Tristar Oil & Gas Ltd.
UBS Investment Bank
Ultima Energy Trust
Union Securities Ltd.
VCI Vencorp Capital, Inc.
Western Feedlots Ltd.
Whalen Beliveau and Associates Inc.
WindyPoint Capital Inc.
Wolverton Capital Markets
Wright Line Locating Ltd
I work in the city and didn't even know there were this many.
Calgary (Originally Posted: 12/13/2007)
I just wanted o start a general discussion about IB in Calgary in general. I will start by asking a few questions, but if you have any advice or questions/knowledge of your own please contribute.
1) What are the top shops in Calgary that you would work for in order of preference? 2) How does the compensation compare to say Toronto? 3) Are pretty much all Universities given an equal chance at landing Analyst gigs, or do Ivey, Queens, and UofT still get the most representation. It would be nice to know if there is some rep from U of C, U of A, U of L. 4) I'm assuming energy is about the only group available in Calgary, so what is working in an energy group like. Advantages/Disadvantages? 5) It seems as though even IB groups in Calgary show some interest in CFA candidates. Comments? (This is purely an observation) 6) How are the hours at the various banks/boutiques?
Damn, as a fellow Calgarian, I would've loved to have heard some answers to your questions. Where are you at now, buddy?
From what I have heard it's best to be at RBC or CIBC in terms of the Canadian banks in Calgary. Some of the US banks have set up small offices and have been fairly involved. I have no idea how the compensation compares to Toronto, and wouldn't mind knowing what compensation is like at the boutiques. U of C and U of A do well in recruiting compared to in Toronto, but U of L doesn't. With that said your chances coming from U of C or U of A are probably better at the boutiques. The hours are just as bad, and from what I've heard banks in Calgary tend to not have separate M&A groups.
Nobodymonkey, thanks for the info.
The compensation thing really is interesting.
I also have knowledge that the hours are pretty damn bad, but only from one source at GS...in Calgary. I'm not sure what kind of coin is thrown around, but for the 70+hr weeks, it better be decent. I know LEH and others have small(ER) shops here, but not sure of who else beyond that. Anybody else out there with some pertinent info?
Well its been a while since I posted this thread, and I now have a few answers to my own questions that I can share with you guys.
Hours seem to be 70+, but I suppose that is pretty standard in I-banking.
RBC and CIBC are top banks, however their are several boutiques most of which have comparable or worse hours than the big shops.
CFA in Calgary, unlike NY and Toronto, seems to be highly valued, and many analysts who don't burn out move directly to associate.
Also, I am not currently in banking, but have chosen instead to pursue trading.
I am a VP in a top shop in Calgary and, for obvious reasons, I am not going to rank my preferences per your question 1). I will say that there are fairly large discrepancies between a good shop and a not-so-good shop. I don’t dispute CIBC being one of the top shops, as are TD and Scotia. RBC does a fair number of deals (think third or fourth in town), but they also burn through their people at about double the rate of any other shop in town. I would generally not recommend folks go there unless you have no other option and are willing to work at a sweatshop. In terms of bulge banks, Goldman, Morgan, Lehman and Merrill have offices; Citibank has a coverage guy but no execution team.
Compensation is generally the same or better than Toronto. The energy groups in most top shops are a very large component of revenues for Canada. Most folks are paid well for their work. Hours for analysts are typically in the 70 to 90 hours / week; associates 60-80 and reduce as one gets more senior. The majority of Calgary bankers work on oil and gas deals, although there are a few power and utilities groups around. There is also the odd pipeline deal around.
The advantage of doing oil and gas is doing a large number of high-profile deals. It is a very busy sector these days. The skills are the same as other industries, with specialized versions of DCF models being employed as well as your ever-present precedent transactions and comparable company analysis. Frankly, there is little that is different except perhaps a better understanding of the more technical nature of the oil and gas industry is typically appreciated by the clients. The disadvantage is that you are often seen as specialized in the sector and there are few lateral opportunities in Calgary outside of banking.
It is true that many shops in Calgary, particularly the smaller boutiques, like the CFA designation and strangely it makes a difference for certain candidates. There is no good reason for this.
There is no equal chance from any university, Calgary or otherwise. Calgary is the same as other places, where placing well at a high-quality institution will give you more credibility. Ivey places a very large number of students into Calgary investment banking. The University of Calgary’s CPMT program places almost all of its students into ibanks. University of Alberta puts one or two students a year into Calgary. There are probably one or two UofT alumni in Calgary, but generally they are not present and I have never come across a Queens commerce grad in Calgary investment banking. I do not know what UofL is, but I can assure you that no place I have ever recruited at starts with an L. We see the odd UBC student come to Calgary as well.
Nayls, thanks for the insights. Do you have an idea of how comp compares at the boutiques as opposed to the larger banks? I know that they are involved in less of the high-profile deals however alot of M&A activity goes on in the small-cap space.
IB in Calgary (Originally Posted: 08/24/2011)
I am trying to find some IB contacts in Calagry.Can anybody help me or point me to the correct direction?
http://www.wallstreetoasis.com/forums/why-are-there-so-many-canadians-o…
Universite, I really wish you would shut the fuck up. You make ME hate Canadians.
OP, take this the right way; you're gonna have to find them yourself. That's how finance works. Calgary has every major BB, the Big 5, the bigger known MMs, specialty O&G shops like Peters and Co, etc..
I'm assuming you went/go to school in Canada; get on LinkedIn; start matching alumni from your school to profiles on company websites and fire off e-mails to everyone you can find. Explain your situation and background and ask to know more about their jobs and career paths. Don't ask for a job, develop rapport. I hope for your sake you aren't one of those pipe dreamers with 2.9 GPAs from University of Manitoba or some shit. Good luck and be realistic,
Cheers,
IG
Thanks for the advice.
Investment Banks with Offices in Calgary (Originally Posted: 02/14/2012)
I thought it would be useful for you guys to have a list of investment banks with office in Calgary. See below and let me know of other lists we should compile!
Investment Banks With Office in Calgary
-Acumen Capital -Altacorp Capital -Barclays Capital -Bell Capital Corp -BMO Capital Markets -Cambio Capital -Cannacord Genuity -Citigroup -Clarus Securities -Cormack Securities -Credit Suisse -Deutsche Bank -Dundee Securities -First Energy Capital -Global Hunter Securities -GMP Securities -Goldman Sachs -HSBC Securities -J.P Morgan -Jennings Capital -Lightyear Capital -Macquarie Tristone -Merrill Lynch -MGI Securities -MNP corporate finance -Mustang Capital Partners -Northern Securities -Omniarch Capital -Peters and Co -Raymond James -Salman Partners -Scotia Capital -Scotia Waterous -Societe Generale -TD Securities -Texan Capital -UBS
I'm creating a target list for banks to apply. Awesome post, thanks!
Top Calgary BB and EB? (Originally Posted: 05/23/2015)
Hi all, I've scouted around and haven't found too much on which banks dominate Calgary IB. I know I'll probably get tons of monkey shit thrown at me, but if anyone has any insight on which banks have the most clout in the Calgary area, I'd really appreciate it.
bump pls
There are no EBs in Calgary. Best dealflow is at Canadian banks (in order of RBC, Scotia, BMO, TD, CIBC. NBF is garbage, avoid it). RBC has the best pipeline into local buy side jobs.
Best BBs in town at GS (best m&a dealflow, brutal hours, good exits), Barclays, JPM. BAML used to be good but lost they MD so not sure how they're doing now. CS has good lev fin deal flow but the staff there are very weak (best junior guys left to BAML last year) and the culture and hours suck. Citi is terrible as well (shitty staff shitty dealflow). MS has no dealflow but it's MS so you still have a shot at buy side.
Boutiques are only decent in bull markets. The only exceptions are peters and first energy but doubt they're hiring.
You're awesome, CatsCradle. Thanks a lot!
Looking for any thoughts or advice regarding the IBD environment in Calgary, Canada. (Originally Posted: 08/03/2011)
I've been doing some research, but would appreciate the opinion of people actually in the industry.
Thank you!
I am interested in this stuff too.
Calgary is a big energy town. There is a good amount of E&P activity, as well as oil field services companies (like hydraulic fracking). Some BB's have regional IBD offices in calgary focusing on energy.
The culture is similar to Texas, from what I understand. It's kind of a cowboy culture. Not sure who on WSO lives out there (I'm in Houston), but I'm sure there are good opportunities out there. From what I hear, Calgary is a cool town.
Deleniti magnam dolorem expedita eum qui nisi dicta. Voluptatum qui ratione et enim cumque quisquam eveniet aperiam. Corrupti qui unde vel doloribus illum qui ut. Ut sit harum repellat rem illum dicta. Soluta autem doloremque iste quaerat veritatis autem. Qui atque aliquam laborum occaecati qui.
Impedit odit numquam ut tempora. Molestiae odio nisi et sit nobis. Omnis quae et velit perspiciatis quisquam labore. Recusandae sequi qui expedita odio nihil et id optio. Expedita laudantium qui nulla nam consequatur dolores eum est. Cumque consequatur ut aspernatur in doloremque voluptas. Voluptatem reiciendis et voluptas.
Ducimus esse minima vel tempora et id. Odit quia nihil nihil sint pariatur provident in fugit. Dolor est rerum labore. Rem minima et dolore ab ut. Non eum voluptas similique deserunt voluptatibus harum. Consequatur vel aut deleniti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Eum odit perspiciatis quod. Animi sed autem ea soluta rem minima sit. Deserunt et vitae quo ipsum dicta.
Qui debitis eligendi cupiditate harum quas. Voluptas sint alias non id in. Itaque dignissimos dolorum magnam modi veniam. Autem ab occaecati ipsam odio.
Et eaque fugit odit quasi explicabo dolorum alias. Suscipit placeat possimus eveniet omnis distinctio atque eos. Porro provident est dolores ex aspernatur.
Et odit voluptas odio et magni. Vel consequatur at tempora vel et voluptatem cupiditate soluta. Eius rerum et nobis culpa placeat sed. Quis cumque nostrum dolorem et tempora non. Dolores in aut minima ex.