August 2026 Tier List [Buyside]
Following is a tier-list for mostly buyside exits, but also prestige/compensation/deal-flow
S+: PJT RSSG, Evercore M&A, GS TMT, MS M&A, MS Menlo TMT, Centerview HC
S: Centerview NYC M&A/Generalist, Qatalyst, GS FIG, Evercore RX, Moelis LA, Lazard RX, GS Industrials, GS Healthcare
A+: Moelis NY M&A/RX, JPM Healthcare, Lazard PEI/Power & Infrastructure, Lazard Industrials, MS Media & Communications, PWP RX, PWP Healthcare, PJT M&A
A: Lazard Healthcare, Evercore Industrials, Evercore Consumer, Evercore FIG, JPM Diversified Industrials, JPM Media & Communications, Raine, M. Klein
A-: BofA M&A/Sponsors, Citi M&A/Sponsors, HL RX
B+: BofA Industrials, BofA Healthcare, Citi Industrials, Citi Healthcare, Barclays M&A, Barclays Sponsors
B: UBS M&A, UBS Healthcare, Wells Fargo M&A, Deutsche Bank Sponsors, Jefferies M&A, Jefferies Healthcare
B-: Guggenheim M&A, Guggenheim Healthcare, RBC M&A, RBC Sponsors, Nomura M&A
C+: Middle-market/generalist groups at larger banks without consistently differentiated MF/UMM buyside placement.
Based on the most helpful WSO content, here’s a tier list for buyside exits, prestige, compensation, and deal flow as of August 2026:
S+ Tier
S Tier
A+ Tier
A Tier
A- Tier
B+ Tier
B Tier
B- Tier
C+ Tier
This ranking reflects a combination of buyside exit opportunities, prestige, compensation, and deal flow trends.
Sources: https://www.wallstreetoasis.com/forum/investment-banking/2017-tiers-based-on-exit-opps?customgpt=1, A Definitive Prestige Tier List of Everything, Ranking Investment Banks in 2021, Top IBD Groups / Firms 2020 (Exits)
Where would MS NY Tech and MS Sponsors be??
EVR RX >.EVR M&A, Q > everything in S+ except PJT RSSG and GS TMT, LAZ RX and PWP RX should be down multiple tiers, HL RX snubbed
Do me a favor and please drown yourself
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