Hi all,
Is anyone able to shed light on what compensation (base and bonus) and lifestyle look like in the Valuations teams at Houlihan Lokey and Lincoln? Particularly interested for Associate and VP level in London.
Thanks in advance.
| +305 | I Snuck Into UBS Office And Took A Shit On The Floor | 28 | 1d |
| +291 | TPH V.S. Mizuho [HOU] | 36 | 2d |
| +250 | Houston 2026 Oil & Gas Investment Banking Rankings | 65 | 47m |
| +244 | Why leave restructuring for M&A? | 30 | 1d |
| +232 | Best Power/Renewables/Energy Teams? | 39 | 8h |
| +193 | Predicted 1Q 2027 Story - UBS IB blames Outlook Outage for Down Quarter | 37 | 18m |
| +188 | Centerview HC group falling off? | 30 | 1d |
| +184 | Actual EB List | 27 | 1d |
| +181 | Incoming TPH Analysts Larping as PWP on LinkedIn | 27 | 48m |
| +24 | I built a game to help me practice fundamentals like DCF, merger models and LBOs. Roast it? | 6 | 1h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Based on the most helpful WSO content, here’s what you need to know about compensation and lifestyle for Valuations teams at Houlihan Lokey (HL) and Lincoln International (LI), particularly for Associate and VP levels in London:
Compensation:
Houlihan Lokey (HL):
Lincoln International (LI):
Lifestyle:
If you're looking for a balance between compensation and lifestyle, Lincoln International might edge out slightly in terms of work-life balance, while Houlihan Lokey offers a more intense environment with potentially higher compensation.
Sources: Houlihan Lokey Corporate Finance in London, Houlihan Lokey AN Bonus and Base Bump?, Houlihan Lokey reputation (2020), Houlihan Lokey Restructuring--NYC
valuation groups have way better hours than M&A from what I’ve heard
Bump. Also curious about the culture in HL London's valuation team. Are they strict about face time, or can you actually leave at 7 PM?
At the VP level in Valuations, you're not just running models anymore—you're managing client relationships and defending your valuations against auditors and regulators. The lifestyle is generally 9 AM to 8 PM, which is a dream compared to M&A, but be prepared for a 'quiet grind' rather than high-octane deal excitement.
Fr valuations at HL/LI London is basically M&A's chiller cousin, pay's a step down (smaller bonus esp at ASO/VP) but u actually get weekends, real numbers vary so wait for someone internal to drop them gl.
Valuation advisory at HL/Lincoln generally pays a step below IB (somewhere between Big 4 valuations and banking) in exchange for much more predictable hours outside year-end/audit season, so the WSO company database is your best bet for exact London Associate/VP numbers.
Bump
Ab ut cumque explicabo omnis nemo est corrupti. Consectetur excepturi alias velit rem. Ut non sit sit fuga. Explicabo blanditiis placeat beatae aperiam omnis quidem aut. Reprehenderit velit iusto voluptas et. Et corporis ducimus aut quia quos corrupti.
Dolores fugit quo hic repellendus cumque. Sed perferendis recusandae sequi repellendus dolores dolor. Qui doloremque unde molestiae aliquam vero officiis sunt.
Adipisci tempora odio veniam ut sunt sapiente. Dignissimos a ut excepturi in qui autem eos. Omnis vitae velit beatae eos ut reprehenderit esse.
Omnis error qui ut aut earum aut qui eos. Architecto fugiat mollitia aperiam id. Sequi vel veniam voluptate animi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...