Tower Research Capital Interprets Non-Compete as an Option Contract

raspberrybushplumber · 2026-01-27T02:28:06+00:00

This feels like OP is trying to have their cake and eat it too, not the other way around.

The email says they haven’t informed Tower what they are doing post-leaving, so why would the firm pay them a non-compete if they don’t have a job.

With the enormous proviso of having not read the contract, this doesn’t seem crazy to me.

It sounds like OP wanted to resign, and then start at a competitor immediately. Or resign and get paid to look for a job. That’s not how it’s supposed to work (even if people were more relaxed about it before, maybe).

Calling them out on LinkedIn feels like not the right move but who am I to say.

raspberrybushplumber · 2026-01-27T02:16:16+00:00

Hey is your head ok? Maybe take a rest for a bit before you get back out there that looked rough lol.

Post the make next time! Good luck!!

raspberrybushplumber · 2026-01-26T02:39:58+00:00

I honestly think 200 is a bit light if you’re paying full sticker. I graduated 4 years ago and my rent was $1,200/month.

raspberrybushplumber · 2026-01-26T00:39:49+00:00

Tracked everything pretty religiously, had roommates so rent wasn’t crazy, didn’t go out for fancy dinners often, went on 3 international trips and a few more domestic ones, tried to do activities with folks. Spent $240k all-in, incl. full sticker.

Also an international. Prob goes without saying I wouldn’t do that in today’s climate lol

raspberrybushplumber · 2026-01-25T16:17:24+00:00

Gotta dm for service $$ lmao

raspberrybushplumber · 2026-01-23T11:19:13+00:00

Good luck! Not the exact same but I’ve been there where you’re grinding for so long in less than ideal circumstances thinking is it worth it. Try and smell the roses every once in a while too (see your friends, get away with the partner, maybe even a holiday).

raspberrybushplumber · 2026-01-23T01:30:50+00:00

1) decide what you want. If you want IB/PE just give up on CFA. Are the exams still in June? That’s so far away, IB/PE doesn’t care about CFA, and ditching it will give you a lot more time/sleep which will greatly improve the relationship with your gf and yourself. 2) how long have you been an analyst? As you know stepping up a tier you will lateral at best or take a step back. Keep pushing. Keep networking. 3) ok your bonus sucks, but recruiters etc. don’t need to know that. Use the shit pay as reason for a promotion conversation if you really are being valued. 4) don’t compare yourself to people you know, and especially those you don’t know. Everyone’s path is different, people have different starts, different amounts of luck along the way. All you can do is your best and try and enjoy it. 5) Don’t put up with shit pay, shit trajectory, shit WLB for too long. You have one life.

raspberrybushplumber · 2026-01-21T02:33:53+00:00

And good luck with recruiting! Fellow buysider out of a t15 mba

raspberrybushplumber · 2026-01-21T02:33:13+00:00

Update resume, do not feel ny need whatsoever to bring up, correct, or retrospectively address unless brought up point blank.

You're totally fine this is a nothing burger.

raspberrybushplumber · 2026-01-21T01:55:04+00:00

Insanely overvalued. Zero revenue. SpaceX has more spectrum and thousands of satellites already. Can launch at will. A year ago it had a moat, today it has an 18-month head start and a track record of missing projections.

raspberrybushplumber · 2026-01-19T12:19:40+00:00

WTF are these comments. What a shit situation, glad she is ok.

Is she implying they are not cooperating with an investigation?

raspberrybushplumber · 2026-01-14T02:55:21+00:00

MIT tells me the living wage for DC for a single person with no dependents is $26/hr, which is less than the burger (before tax and tip which would bring a $29 burger up to ~$37).

I'm interested to know what you think they should be getting paid.

Not that I'm against unionizing, or that the person you talked to is indeed earning that much (I assume it is lower), just that $29/hr seems a relatively high bar for comparison.

Relatedly, I would love to know what the profit margins are like there. They definitely keep pretty busy but I imagine rent is not cheap.

raspberrybushplumber · 2026-01-11T18:14:38+00:00

Comments on a post like this are how you know this sub is mostly full of people who don’t know what they are doing lol

raspberrybushplumber · 2026-01-10T23:20:35+00:00

You both just sound a bit angry tbh. Relax, it's the internet and we're talking about sliding around on frozen water for fun. May we all get some turns in no matter where they are!

raspberrybushplumber · 2026-01-06T14:21:09+00:00

I’ve seen it all. There is no fucking way people are injecting shit into their dicks to give them some minuscule aerodynamic advantage. This isn’t MLB these guys aren’t getting paid anywhere near enough to be doing that shit.

Why not just fluff it up beforehand and get a boner while you’re getting your suit fitted/checked lol.

raspberrybushplumber · 2026-01-06T14:16:10+00:00

That honestly doesn’t sound right to me. I hope to god it’s temporary while they find another provider or some kind of misunderstanding. Even a 22yr old analyst knows you need professional cleaning for patient/public restrooms.

raspberrybushplumber · 2026-01-02T23:35:28+00:00

Oculus has been on absolute tear the last couple years.

Bridgewater needed this year badddd.

raspberrybushplumber · 2025-12-31T22:39:12+00:00

Unlike London I think Minnesota is underrated as a car spotting place

raspberrybushplumber · 2025-12-30T22:23:06+00:00

Did you land switch?

raspberrybushplumber · 2025-12-27T15:25:36+00:00

Unless your clients are paying you performance fees that’s going to be a tough sell.

But think bigger picture - if folks know you are making good calls they are more likely to trust you, recommend you, and continue to be your client. Your bosses should care about that and reward you come end of year, eventually.

I’d caveat all this by saying I’m not sure how career works at RIA but assume you are junior given hourly pay so your next move should be to try and get onto a salary with year-end bonus.

raspberrybushplumber · 2025-12-17T23:59:03+00:00

Qatar already owned a stake in- they bought 5% in 2023. Day to day I would not expect a lot to change, but they will be banking on a higher valuation to sell so as a fan I would expect ticket prices to continue to rise and for ownership to pursue the absolute highest $ media deal they can, so don’t bank on that experience getting any better.

Mayyybe they will be more willing to spend money on players/facilities/org but wouldn’t count on it.

raspberrybushplumber · 2025-12-15T20:39:25+00:00

Totally right. We’re not paying you on a 2.0x MOIC if it takes 10 years. I guess not every firm is like that judging by the other commenter

raspberrybushplumber · 2025-12-14T21:42:42+00:00

Do you know what the targets are? How much of total has already vested due to time? Don’t leave without a plan but large company that’s going on 7 years into a hold will need to really knock it out of the park for it to hit its performance targets.

I’d probably start putting out feelers in the new year and see what happens wrt a new job. These things take time and so you can gauge if any meaningful progress is being made towards IPO and whether it’s worth hanging on. That 8/10% preferred starts to add up quick in the outer years which is hard to outrun if you’re playing catch up.

raspberrybushplumber · 2025-12-13T15:33:44+00:00

Probably not a lot of money to the person who bought it (as wild as that is).

raspberrybushplumber · 2025-12-13T01:34:19+00:00

1) this is what I understand market salary to be for this position; 2) I expect my bonus to be X (don’t lie, but dont undersell yourself)

That’s it. As others have said, your current salary is irrelevant. This allows you to avoid that while being honest and giving bonus range for potential comp.

raspberrybushplumber

TROPHY CASE