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Muffie Benson-Perella (muffie AT is an Associate in the Investment Banking Division of a "Bulge Bracket" bank. She holds a B.A. in French and Art from Vassar College and an M.B.A. from Harvard Business School. Her regular column "Heard in the Suite" is a probing (and, ahem, fictional) weekly look into the secret lives and behind the velvet curtains of the investment banking world. Ms. Benson-Perella is currently on assignment in London.
I really love that I have an Analyst. Analysts are a great idea and they really make life easier for us Associates so we can concentrate on the important things.
When my Analyst, Phil, got assigned to me it was a godsend. Phil got in trouble for saying something mean about a Managing Director's wife when he thought the speakerphone was turned off but it wasn't. So they assigned him to me. He seems to think it was some kind of punishment but I think that it was because he needed someone with good "soft skills" to help him develop as a professional.
A few readers have asked me to share more about what I do during the day at the office so I thought I would share some of the emails I have had back and forth with Phil. He's great! But he works all the time and never seems to go out! I called him on Saturday night but he was still in the office working on some model we had to do for that Monday.
Here's some emails with Phil:

> -----Original Message-----
> From: Ahlwerk, Phillip
> Sent: Sunday, April 2, 2006 3:42 AM
> To: Benson-Perella, Muffie (IBD)
> Subject: RE: LBO Model
> Ms. Benson-Perella,
> I just finished the first draft of the model Richard assigned us on
> Friday afternoon. Please take a look first thing on Monday morning
> So I can meet Richard's noon deadline.
> I'm heading home for a few hours.
> Phillip R. Ahlwerk
> Analyst
> Investment Banking Division
> This communication is intended for the addressee(s) and may contain
> confidential information. We do not waive confidentiality by mistransmission.
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> that we may own or act as market maker for securities/instruments
> mentioned or may advise the issuers; and that past performance is not indicative
> of future returns.
> -----Original Message-----
> From: Benson-Perella, Muffie (IBD)
> Sent: Monday, April 3, 2006 10:42 AM
> To: Ahlwerk, Phillip
> Subject: RE: LBO Model
> Hey Phil! Guess you were up late eh?
> I just got into the office a few minutes ago so I haven't really had a
> chance to look at the model yet. I did play with the mutliples
> and now everything is screwed up. Can you show me
> what I did wrong? I'm attaching it.
> Also, can we change the colors? The text should either be
> all blue or all black I think. This deep blue header is really hard on the
> eyes too. Let's use some yellow or red instead?
> Also, you should really lose that silly disclaimer. No one reads it anyhow.
> As you can see, I removed mine already!
> - Your Boss,
> Muffie
> Attached File (55.5k)
> Muffie Benson-Perella (Vassar/HBS '05)
> Associate
> Investment Banking Division