Baird vs Ducera vs Raymond James vs PWP vs Oppenheimer
Can anyone comment on comp/culture at these banks? Obviously it will be group dependent, but which one would you choose and why? Not looking to hop to the buyside
Trending Content - Investment Banking Forum
| +230 | UBS Layoffs (October 2026) | 68 | 32m |
| +109 | Do people still want to go PE? | 34 | 2h |
| +62 | Bloomberg - New UBS Investment Bankers See Smaller Pay Gain on Promotion | 15 | 13h |
| +46 | Think I'm fucking up my analyst years | 16 | 3d |
| +36 | What Differentiates the Best Analysts as AI Improves? | 10 | 4h |
| +34 | UBS Tech layoff | 16 | 56m |
| +33 | Lazard hirevue | 11 | 14h |
| +26 | Ambitious CC Student trying to break into IB | 13 | 5d |
| +22 | Cornell Club T10 Rankings (UPDATED 10/2026) | 14 | 1d |
| +19 | Quitting After First 4 months | 9 | 5m |
Career Resources
This is obviously a shit post towards PWP. You’d never compare these groups. PWP has the 3rd highest deal value of any independent advisory firm in 2021 (EVR, CVP, PWP, PJT, Lazard, Moelis). Additionally, they do larger deals on average than most boutiques. So in terms of exits, pay, and experience, PWP would blow out a Baird or Oppenheimer lol (considering they place in UMM and MF easily). As for pay and culture, I have heard it is above-street pay and nice people. While I don’t personally work there, I have worked with them before and have friends at the firm.
If this is not actually a troll; take PWP hands down.
Thanks for the info. Not trolling, just kind of new to all this.
ok ok, in that case I’ve also heard PWP is similar to CVP in the sense that it molds “career bankers” (to answer your question about staying in banking). Both still offer great exits opps (HF, distressed debt, traditional PE, etc). I recommend reading up on independent advisory firms, buldge brackets, and middle-market shops (like many of the ones you mentioned).
I just want to thank you for using that term instead of "eLiTe BoUtIqUe" like some SelbyJennings spammer.
This is correct info. I'd only compare PWP to an EVR/CVP/PJT in terms of US M&A deal value and size. Lazard and Moelis are great too, but they just produce less revenue, especially on a per-senior banker basis. Nonetheless these are all great firms and should not be compared to MM shops (with all due respect). Independents pay, exits, experience, and WLB differs significantly from the latter.
What about ducera vs PWP and other EBs in terms of comp/exit opps/experience
Adipisci impedit aspernatur eum quod ipsa. Est sed laudantium voluptatem impedit magni. Modi sit tempora sit. Fugit qui suscipit harum eum et. Impedit quia aut fugit sint. Consequatur unde fugiat esse ratione voluptas autem reprehenderit alias.
Aspernatur voluptate consequuntur autem aut aspernatur expedita cumque. Doloremque facere fugit reiciendis fuga molestias expedita quaerat. Aliquam est eveniet beatae beatae voluptatem est asperiores. Neque reprehenderit non fugit aut necessitatibus.
Omnis recusandae eaque rerum laboriosam ipsum facilis odit doloribus. Et quia impedit ab velit doloribus facilis. Id veritatis quibusdam ducimus quisquam sequi culpa.
Neque pariatur rerum eaque natus consequatur omnis. Quo molestiae libero veritatis quis inventore veniam quaerat. Sequi quo doloremque perspiciatis nulla et.
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...