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Mentoring has been identified as a significant contributor to employee performance and development. Debate has come about as result of implementation of formal mentoring programs where mentors are assigned to protégés as opposed to informal relationship formed out of mutual respect and liking. Secondary data, including measures of leader member exchange, similarity, contact time, and others, were used from a 1998 survey of company grade officers (protégés) and their formal and informal mentors. Analysis of Variance compared mean values between formally and informally mentored protégés. Additionally, a logistic regression was used to understand the impact that different measures had on the protégé's decision to identify an informal mentor. Leader Member Exchange, Similarity, Contact Time, and Military Status (active duty versus civilian) all were identified as having a significant impact on a protégés decision to identify an informal mentor.