How to Apply to Guggenheim Partners

13 min read Last updated April 20, 2026 20 open positions

Key Takeaways

  • Guggenheim Partners is a $340B+ AUM private partnership split into three very different businesses, and the correct application channel depends entirely on which business you are targeting.
  • The firm runs Workday Recruiting across two separate tenants: guggenheim.wd1.myworkdayjobs.com for Securities, campus, undergraduate, and affiliates, and guggenheiminvestment.wd5.myworkdayjobs.com for Investments asset management.
  • Mark Walter's ownership of the Dodgers, Lakers, Chelsea FC, and Cadillac F1 through Eldridge is a cultural signal, not a hiring gimmick: the firm is run with an owner-operator, long-horizon mentality.
  • Scott Minerd's death in 2022 reshaped Investments leadership. In 2026 a new Chief Investment Strategist and Chief Risk Officer were named as part of an ongoing succession arc, and interviewers expect candidates to understand this.
  • The interview process runs five to six rounds with a partner-level final; technical depth and specificity beat polish and breadth.
  • Private partnership status means slower, more deliberate hiring, deferred comp, and a high premium on candidates who will still be productive in year seven.
  • Restructuring is one of the firm's strongest franchises in Securities; structured credit and CLOs remain a defining edge in Investments; these are the fastest doors in for qualified specialists.
  • The undergraduate Insights Program is the single most competitive entry point and opens in late summer for the following year's cycle.

About Guggenheim Partners

Guggenheim Partners, LLC is a privately held, global investment and advisory firm managing more than $340 billion in assets across roughly 2,400 employees. It is one of the few top-tier financial institutions on Wall Street that is not publicly traded, and that structural choice defines almost everything about working there. Headquarters are split between 330 Madison Avenue in New York and 227 West Monroe Street in Chicago, with additional offices across Los Angeles, London, Tokyo, and more than two dozen other cities. CEO Mark Walter, who co-founded the modern firm in 1999, is also the controlling owner of the Los Angeles Dodgers, the Los Angeles Lakers, Chelsea FC, and the Cadillac Formula 1 team through his parallel holding company Eldridge Industries. That orbit matters for candidates because the culture Walter projects is long-horizon, owner-operator, and comfortable with concentrated, contrarian positions. The firm operates three distinct businesses, and candidates should understand which one they are actually applying to before writing a single line of a resume. Guggenheim Investments is the flagship asset management arm and manages the majority of the $340B+ AUM. It is best known for fixed income and structured credit, a franchise built over two decades by the late Scott Minerd, who served as Global Chief Investment Officer until his death in December 2022. After Minerd's passing, the firm restructured investment leadership rather than replacing him with a single successor: Anne Walsh continued as CIO of Guggenheim Partners Investment Management, and in 2024 Steven Brown and others were elevated into senior CIO-level roles across fixed income. In early 2026 the firm formally named a new Chief Investment Strategist (the role most publicly associated with Minerd's macro voice), continuing the deliberate succession arc. A new Chief Risk Officer was also installed as part of the same governance refresh. Candidates for investment roles should expect to be asked, directly or indirectly, how they think about the Minerd legacy and what the firm is becoming next. Guggenheim Securities is the investment banking and capital markets arm, led by Executive Chairman Alan Schwartz, the former Bear Stearns CEO who joined in 2009. It is a true boutique: no commercial bank, no balance sheet lending, no massive sales and trading floor. Its reputation is built on three pillars: restructuring (consistently a top-five practice by deal count), M&A advisory for complex and sensitive transactions, and equity research plus institutional equity sales. The Securities culture is leaner, senior-heavier, and more deal-intensive than a bulge bracket equivalent. Junior bankers here get earlier exposure to clients and deal execution, but the staffing is also thinner, which cuts both ways. Guggenheim Wealth Solutions is the smallest of the three, serving ultra-high-net-worth families, endowments, and institutional consulting clients, often with direct access to the firm's proprietary fixed-income strategies. Hiring here is steady but narrow, usually requiring some combination of CFP, CFA, or CIMA credentials plus prior private client experience at a peer firm. Because Guggenheim is a private partnership rather than a public company, compensation is heavily weighted toward long-term deferred components and, at senior levels, equity in the partnership. There is no quarterly earnings call, no Street analyst pressure, and strategy is set on a multi-year horizon. For candidates, this means three things in practice: interviewers are allowed to take their time and often do, year-one total comp for junior seats is competitive but not the highest on the Street, and the single biggest predictor of a successful career there is whether partners believe you will still be productive and loyal in year seven.

Application Process

  1. 1
    Start at www

    Start at www.guggenheimpartners.com/firm/careers, which is the firm-wide landing page and the only place that correctly fans out to all four hiring portals. The firm does not operate a single unified careers site. Applying through the wrong portal is the most common avoidable mistake candidates make.

  2. 2
    For Guggenheim Securities experienced-hire roles (investment banking, restructur

    For Guggenheim Securities experienced-hire roles (investment banking, restructuring, equity research, equity sales and trading, capital markets), apply at guggenheim.wd1.myworkdayjobs.com/Guggenheim_Careers. This is where the majority of revenue-generating seats in New York, Chicago, Los Angeles, and Houston are posted. Typical open roles include Analyst and Associate positions in Investment Banking (Industrials, TMT, Energy, Global Services), Equity Research (Software, Consumer and Retail, Life Sciences Tools, Energy and Industrial Tech), and Equities Sales.

  3. 3
    For Guggenheim Investments asset management roles (fixed income portfolio manage

    For Guggenheim Investments asset management roles (fixed income portfolio management, credit research, structured credit origination, CLO and bank loan product specialists, trading, risk, and quantitative research), apply at guggenheiminvestment.wd5.myworkdayjobs.com/External. This is a completely separate Workday tenant from the Securities portal, and requisitions do not cross-post.

  4. 4
    For campus hiring (MBA Associate programs, Summer Analyst programs across bankin

    For campus hiring (MBA Associate programs, Summer Analyst programs across banking and research, and full-time Analyst recruiting out of target undergraduate programs), apply at guggenheim.wd1.myworkdayjobs.com/Guggenheim_Careers_Campus.

  5. 5
    For the undergraduate Insights Program (sophomore and junior diversity-focused e

    For the undergraduate Insights Program (sophomore and junior diversity-focused exploration program that feeds the Summer Analyst pipeline) and other early-career undergraduate tracks, apply at guggenheim.wd1.myworkdayjobs.com/Guggenheim_Undergraduate_Programs. Insights is historically one of the most competitive early-career programs on the Street by acceptance rate.

  6. 6
    For affiliate business roles such as Guggenheim Retail Real Estate Partners and

    For affiliate business roles such as Guggenheim Retail Real Estate Partners and Asset Consulting Group, apply at guggenheim.wd1.myworkdayjobs.com/Guggenheim_Partners. These are smaller, often location-specific roles (Frisco TX, St. Louis MO) and they run on the shared Workday tenant but are staffed independently of the core investment and banking businesses.

  7. 7
    Create your Workday profile carefully the first time

    Create your Workday profile carefully the first time. Guggenheim's Workday instances retain applicant history across requisitions, so a rushed application to one role will show up when you apply to another. Use your full legal name as it appears on government ID, a professional email you will still check in twelve months, and upload a single clean PDF resume (not Word, not a linked Google Doc).

  8. 8
    Tailor one resume per business line, not one resume for the whole firm

    Tailor one resume per business line, not one resume for the whole firm. A Securities restructuring application and an Investments credit research application read to two entirely different hiring teams with different keyword expectations. Do not apply to more than two or three roles across the firm in a single cycle; recruiters do notice spray-and-pray patterns in the shared Workday database.

  9. 9
    Expect the first recruiter screen to come from an internal Guggenheim Talent Acq

    Expect the first recruiter screen to come from an internal Guggenheim Talent Acquisition partner rather than an external agency for almost all experienced-hire seats. Response times typically run one to three weeks for active requisitions and can stretch longer for senior seats where the hiring partner is traveling or in deal execution.


Resume Tips for Guggenheim Partners

recommended

Lead with quantified deal or portfolio outcomes

Lead with quantified deal or portfolio outcomes. For banking candidates, this means deal size, role on the deal (lead left, co-advisor, sole), sector, and specific workstreams you owned such as LBO modeling, three-statement operating model, debt capacity analysis, or fairness opinion support. Vague phrases like 'assisted with transactions' are immediately screened out.

recommended

For Guggenheim Investments credit and fixed income candidates, the resume bar is

For Guggenheim Investments credit and fixed income candidates, the resume bar is unusually technical. Show sector coverage specifically (high yield, investment grade, structured credit, CLOs, ABS, municipals, emerging markets), AUM or notional you covered or contributed to, and any published or internally-circulated credit research. Mention specific bond math, cash flow modeling tools, and structured product modeling experience (Intex, Bloomberg ASW, Trepp).

recommended

Use the exact language from the job posting for your core skills section

Use the exact language from the job posting for your core skills section. Workday's parser indexes against the requisition, and recruiters filter by keyword before a human ever reads the top of the page. If the posting says 'structured credit' do not write 'securitized products' even though you mean the same thing.

recommended

Keep the resume to one page for analyst and associate applicants, and no more th

Keep the resume to one page for analyst and associate applicants, and no more than two pages for VP and director candidates. Investment committees at Guggenheim are used to reading one-page memos; they apply the same standard to resumes. Leading with a dense summary paragraph is discouraged.

recommended

Include the CFA designation or progress (Level I passed, Level II candidate) pro

Include the CFA designation or progress (Level I passed, Level II candidate) prominently for investment-side roles. For banking, the CFA is a nice-to-have but not a differentiator; M&A transaction volume and modeling fluency are what get you interviewed.

recommended

Highlight any exposure to the specific sub-cultures Guggenheim is known for: dis

Highlight any exposure to the specific sub-cultures Guggenheim is known for: distressed and restructuring work, structured products, CLO origination or management, insurance general account asset management, or complex cross-border M&A. Even adjacent experience at a peer firm signals you will ramp faster.

recommended

Do not pad with generic consulting language

Do not pad with generic consulting language. Phrases like 'cross-functional stakeholder alignment' and 'strategic initiatives' get flagged as filler by Guggenheim recruiters who are explicitly trained to screen for specificity.

recommended

Name-drop clients, counterparties, or deal names only when they are genuinely pu

Name-drop clients, counterparties, or deal names only when they are genuinely public. Guggenheim advises on deals with strict confidentiality provisions, and listing a confidential mandate on a resume is an immediate disqualifier regardless of how impressive it looks.

recommended

Show stability

Show stability. The firm is a private partnership that invests heavily in the multi-year development of junior hires. Resumes that show three employers in four years, without a compelling storyline, are harder to advance past the first screen.

recommended

If you are a campus candidate, put GPA (honestly, through current semester), sta

If you are a campus candidate, put GPA (honestly, through current semester), standardized test scores if 90th percentile or above, and any finance-relevant extracurriculars (investment club, M&A competitions, equity research reports you actually wrote) in a prominent Education section. Technical coursework in accounting, corporate finance, and fixed income matters more than a long list of club titles.



Interview Culture

Guggenheim interviews are widely regarded as among the more demanding on Wall Street, and the experience varies meaningfully by business line.

Across all three businesses the process runs five to six rounds, stretches four to eight weeks, and ends with a partner-level final round where a single dissenting vote can end the process. For Guggenheim Securities investment banking, expect a standard Wall Street arc executed at an above-average technical bar. Round one is a thirty-minute phone screen with an internal Talent Acquisition partner covering resume walk, why Guggenheim, and why this specific group. Rounds two and three are typically paired interviews with Analysts and Associates focused on modeling and accounting fundamentals: LBO walk-throughs, accretion/dilution mechanics, DCF assumptions, and the classic 'walk me from EBITDA to free cash flow' in multiple forms. Round four is a case or modeling exercise, sometimes live, sometimes take-home, grounded in a realistic deal scenario. Rounds five and six are Managing Director and partner interviews focused heavily on behavioral fit, commercial judgment, and deal-specific questions: you will be asked to discuss a live market transaction and your view on it, and vague answers are penalized. The restructuring group in particular asks about waterfall mechanics, absolute priority, DIP financing, and distressed valuation. For Guggenheim Investments, the process leans even more technical and more credit-specific. Expect questions on capital structure analysis, covenant packages, recovery analysis, relative value across the curve, and your view on where current spreads should be. For structured credit and CLO roles, be ready to talk through attachment and detachment points, OC and IC triggers, excess spread mechanics, and manager style drift. Portfolio management candidates should expect a pitch exercise: bring a credit idea (a specific issuer and bond) with a written one-page thesis, and defend it against cross-examination from a senior PM. The Minerd legacy looms over the investment interview: candidates who cannot intelligently discuss the firm's macro franchise and how it has evolved since 2022 come across as under-prepared. For Guggenheim Wealth Solutions, interviews are smaller-panel and focus on relationship management, suitability judgment, and fluency with the firm's proprietary fixed-income strategies. Senior candidates are expected to discuss real client situations they have managed, including mistakes. Campus and Insights candidates go through a compressed but no less rigorous version: a HireVue or recorded video round, a virtual superday of four to five thirty-minute interviews split between technicals and behaviorals, and a final in-person visit to New York or Chicago for the top of the funnel. Technical questions for undergraduates skew toward accounting fundamentals and mental math. Fit questions skew toward 'why not a bulge bracket', and the right answer is specific to Guggenheim's boutique structure, deal intensity, and long-horizon owner culture rather than generic praise. Culturally, interviewers are direct, low on theatre, and comfortable with silence. They are looking for people who will still be productive seven years from now in a firm where the CEO owns a Formula 1 team and a Premier League club but still sits on investment committee. Candidates who perform well are specific, humble about what they do not know, and visibly excited about a particular corner of credit or a particular kind of advisory work rather than 'finance' in general.

What Guggenheim Partners Looks For

  • Deep technical depth in one area rather than shallow competence across many. Guggenheim would rather hire someone who can speak fluently about one sector of credit or one kind of M&A situation than a generalist who is pretty good at everything.
  • Comfort with ambiguity and long horizons. The firm is a private partnership with no quarterly earnings pressure, and hiring partners explicitly screen out candidates who seem to need constant structure and short feedback loops.
  • Intellectual honesty about mistakes. Because the interview process includes partner rounds, candidates who cannot describe a trade or deal or analysis that went badly, and what they learned, are consistently filtered out.
  • A specific, articulable reason for choosing Guggenheim over a bulge bracket or a larger asset manager. 'Better work-life balance' is the wrong answer; a considered view on boutique economics, partnership structure, or a specific franchise (restructuring, structured credit, insurance asset management) is the right answer.
  • Evidence of commercial instinct, not just analytical horsepower. For banking, that means an opinion on live deal activity in your sector; for investing, a written investment thesis on a specific name.
  • Cultural fit with a low-ego, senior-heavy, deal-intensive environment. The firm does not tolerate showboating and does not reward visible politicking.
  • Stability and a credible long-term narrative. Three-jobs-in-four-years candidates advance only when the story clearly explains each move.
  • CFA progress for investment roles and strong modeling fluency for banking roles; neither credential substitutes for the other.
  • For campus candidates, a demonstrated interest in finance that predates the application, whether that is an investment club, self-directed research you can produce on request, or published work.

Frequently Asked Questions

What ATS does Guggenheim Partners use to screen resumes?
Guggenheim Partners uses Workday Recruiting across every business line, but the firm operates two separate Workday tenants. Guggenheim Securities, campus, undergraduate, and affiliate roles live on guggenheim.wd1.myworkdayjobs.com, while Guggenheim Investments asset management lives on guggenheiminvestment.wd5.myworkdayjobs.com. Applications do not cross over between tenants, and candidate profiles are scoped to each tenant.
How many rounds are in the Guggenheim interview process?
Expect five to six rounds for experienced hires, running four to eight weeks. Round one is a Talent Acquisition phone screen; rounds two through four are technical and case-based with analysts, associates, and VPs; rounds five and six are Managing Director and partner interviews focused on fit, commercial judgment, and long-term career trajectory. Campus candidates go through a compressed version with HireVue, a virtual superday, and a final in-person visit.
Is Guggenheim Partners a good fit for candidates who prioritize work-life balance over compensation?
It is an honest answer that Guggenheim is a deal-intensive, senior-heavy environment where hours in banking and origination-facing investment roles are comparable to bulge brackets. What the firm offers is not fewer hours but a longer horizon, more direct client and deal exposure earlier, and compensation weighted toward deferred and partnership components. Candidates who lead with 'work-life balance' as the reason they want to work there are consistently screened out.
Does Guggenheim hire at the campus level and how competitive is the Insights Program?
Yes. Campus hiring runs through guggenheim.wd1.myworkdayjobs.com/Guggenheim_Careers_Campus and covers Summer Analyst programs across investment banking, equity research, and Investments, plus full-time Analyst classes. The Insights Program is a sophomore and junior diversity-focused exploration program posted at guggenheim.wd1.myworkdayjobs.com/Guggenheim_Undergraduate_Programs and feeds the Summer Analyst funnel. Insights is historically one of the most competitive early-career programs on the Street by acceptance rate. Applications typically open in late summer for the following recruiting cycle.
How has Guggenheim Investments leadership changed since Scott Minerd's death?
Scott Minerd served as Global Chief Investment Officer until his death in December 2022. Rather than naming a single successor, the firm redistributed his responsibilities: Anne Walsh continued as CIO of Guggenheim Partners Investment Management, and senior fixed income leaders including Steven Brown were elevated into expanded roles. In early 2026 the firm formally named a new Chief Investment Strategist (the macro voice most publicly associated with Minerd) and a new Chief Risk Officer as part of a broader governance refresh. Candidates for investment-side roles should be prepared to discuss this succession arc intelligently.
What is the difference between Guggenheim Partners, Guggenheim Investments, and Guggenheim Securities?
Guggenheim Partners is the holding entity and parent firm. Guggenheim Investments is the asset management arm managing the majority of the $340B+ AUM, specializing in fixed income, structured credit, and insurance asset management. Guggenheim Securities is the investment banking and capital markets arm, with strong franchises in restructuring, M&A advisory, and equity research. The three businesses recruit on different Workday sites and have different hiring processes and criteria.
Does Guggenheim sponsor work visas?
Visa sponsorship at Guggenheim varies by business line, role, and office. Investment banking and research analyst roles in New York, Chicago, and Los Angeles have historically sponsored H-1B transfers and cap-subject petitions for qualified hires, though sponsorship is not guaranteed and the firm evaluates it case-by-case. Campus Insights and Summer Analyst programs are generally open to candidates with F-1 OPT eligibility. Always confirm sponsorship status directly with the Talent Acquisition partner on your specific requisition before accepting an offer.
What should I include on my resume for Guggenheim Investments fixed-income roles?
Lead with specific sector coverage (high yield, investment grade, structured credit, CLOs, ABS, municipals, emerging markets), AUM or notional exposure, and any published or internally circulated credit research. Name the tools you have actually used in production: Intex, Bloomberg (specific functions), Trepp, internal cash flow models. Include CFA progress prominently. If you have a written one-page credit thesis on a specific issuer, mention that you can share it on request; it often becomes a discussion point in the second round.
Is Guggenheim better than a bulge bracket for early career?
Better and worse are the wrong frames. Guggenheim's boutique structure in Securities gives junior bankers earlier client exposure and more concentrated deal teams, which accelerates learning for candidates who thrive on responsibility. The tradeoff is thinner staffing, fewer resources, and a tighter margin for error. In Investments, the structured credit and fixed income franchises are genuinely differentiated versus larger asset managers and often offer faster specialization. Candidates who thrive at Guggenheim tend to want depth over breadth, and a specific franchise over brand prestige.
How long does the Guggenheim hiring process typically take end-to-end?
Experienced-hire processes typically run four to eight weeks from first recruiter screen to offer. Campus and Summer Analyst processes run on the standard Street recruiting calendar, with initial applications in late summer, superdays in the fall, and offers out before the holiday break. Investments PM and senior research hires can take longer, sometimes three to four months, because the decision sits with a small investment committee that may defer during periods of heavy deal or portfolio activity.

Open Positions

Guggenheim Partners currently has 20 open positions.

Check Your Resume Before Applying → View 20 open positions at Guggenheim Partners

Related Resources

Similar Companies

Related Articles


Sources

  1. Guggenheim Partners — Careers (firm landing page)
  2. Guggenheim Securities — Careers
  3. Guggenheim Securities and experienced hires — Workday portal
  4. Guggenheim campus recruiting — Workday portal
  5. Guggenheim Undergraduate Programs including Insights — Workday portal
  6. Guggenheim Partners affiliate businesses — Workday portal
  7. Guggenheim Investments asset management — Workday portal
  8. Guggenheim Partners — About the firm
  9. Guggenheim Partners — Leadership
  10. Guggenheim Investments — Firm overview and AUM