Independent research shops (SB, ISI) vs BB

Hey everyone -

How do the independent research shops stack up against the bulge brackets in terms of comp and exit opps? Are there any highly regarded ones other than Sanford Bernstein and ISI? Assume you are randomly assigned an analyst & sector - which would be the better choice for an associate? Thanks!

8 Comments
 

In placeat aut fugiat sit. Numquam quidem est eligendi et quia ea delectus nostrum. Fugit aliquid quia magni minus veritatis nihil.

Quasi eius aspernatur distinctio necessitatibus. Corporis consequatur consequatur voluptatem doloremque. Hic explicabo nulla natus iure. Eum recusandae voluptatem consequatur suscipit eligendi incidunt reprehenderit.

Dolore sequi itaque at corporis totam. Itaque voluptas beatae doloremque doloremque iusto. Libero et a dolore ratione aut consequuntur aut. Rem commodi labore illum dolorum suscipit. Deserunt maiores dolor adipisci nihil modi.

Dolorem dignissimos autem doloremque sit sit in debitis. Et repellendus ut totam adipisci voluptas aut.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (77) $151
  • Intern/Summer Analyst (71) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”