are elite boutiques similar to PE firms?

at the very small, top notch boutiques like centerview, Greenhill, or Allen & Co the culture seems basically like a PE shop (small, analysts have lots of responsibility in deals, more reasonable hours relative to bulge brackets (heard that somewhere, don't know if it's true), very smart people, work on cool shit). just my perception: any truth to that?

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yeah it's hard to pinpoint exactly what makes them very similar but i feel that they would be (obviously something like people are very smart can apply to everything from microsoft to exxonmobil)

 

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