Lazard NY, Moelis NY, BAML Sponsors, BAML M&A

Curious but how do you have offers from BAML NY M&A and Sponsors?

Edit: or is one not NY office?

lazard NYC. seriously.

I'd be able to choose either one of those groups (within the NY office).

1a) BAML M&A 1b) Laz NY 2) BAML Sponsors 3) Moelis NY

lazard. just grind it out for 2 years. best exit ops/prestige by far.

and if you do make a bad choice and go BAML, do FSG. BAML M&A is weak, but got a friend who jumped from BAML FSG to Leonard Greene are exit ops are generally solid

Moelis LA would've been a tough choice, but NY doesn't isn't close to Lazard, despite also being a sweatshop

Lazard for sure in terms of prestige/exit opps. Go with the one where you like the people the best (I know you're going to ignore this advice though).

Don't think it's an easy choice between all of these. Here's how I'd think about it:

Lazard: Probably the best brand, but not that much ahead of BAML or Moelis. You'll work hard, but doubt that it's more of a sweatshop than Moelis or any BB M&A group.

Moelis: Sweatshop, but senior guys are extremely well connected to top sponsors and will make calls very proactively on behalf of analysts (not saying that Laz/BAML MDs won't do the same, but from what I've heard Moelis bankers really focus on getting their analysts to top shops). I want to say best placement, especially to the megafunds, out of the three, from what I have seen but could be mistaken here (know that Moelis LA has insane placement, not sure about NY). Deals are more middle market and not as strong blue-chip client base, name isn't seen as super-prestigious as the other boutiques, but the MD connections make up for that if you want to get to a good PE or HF afterwards

BAML: One thing that junior guys here don't think about is if they want to be in finance forever. If you want to leave finance, BAML is a much stronger name than Lazard (who some people haven't heard of) or Moelis (who many people, even in non-IBD finance, haven't heard of).

BAML M&A: Great dealflow. You'll see every deal across every industry at BAML, so you'll probably get a better modeling/technical experience than the other two. However, you'll have to work with industry groups so you won't get exposed to the entire deal process, from technicals to qualitative stuff, that you might get at the other two. Strong placement from what I've heard, but don't know enough to compare to Laz/Moelis. M&A Groups also work very hard at BBs as you have to work on every deal at every group, so no matter which industry groups are busy, you'll be busy

BAML Sponsors: Better hours from what I've heard, obviously good relationships with top PE firms, but don't know enough once again

does anyone know recent placements for each of the firms by the way (either specific firms, level, etc.)?

A friend went to a top PE fund from Moelis NY, heard of others who did the same.

Lazard. Grind it out and you have the best exit ops and prestige by far.

Exit Opps are pretty equal among all these groups. I personally would go with Lazard, but thats just personal preference I guess

Lazard or BAML M&A. Flip a coin.

Can't go wrong with Lazard or BAML M&A, both are in the top tier of ibd jobs without question

Go with culture between the two - you'll have similar opportunities at the end of either analyst terms

Is BAML M&A really that good? I know sponsors is supposed to be pretty solid. However, I would go with Lazard just because of the brand name. I know nothing about Moelis NY

In terms of exit opps, from what I've heard and seen, Lazard hands down over the top BAML groups as well as Moelis. Lazard is up there with GS/MS/BX in terms of prestige and exits, so if you could handle the hours, definitely go with Lazard.

Lazard >>> Moelis and BAML