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Career Resources
EVR M&A is very group dependent - tech is horrible but other groups are fine.
Have heard great things about PJT (RSSG/M&A) as well as CVP overall
RX?
It’s going to be Roths NY hands down (see the other posts about culture/WLB). What’s more subjective is how that positions you in the long run.
Not an EB
why is your entire recent comment history talking only about Roth not being an EB... who from that bank stole your girl lmfaoo
Congrats on the Roth and HL offers
All my friends at PWP seem to love it there
Best EB Cultures in London?
have heard PJT - lowkey makes me wanna go back to banking
PWP and PJT
PJT is in the same building as HL, in fact just one floor above, and boy oh boy that contrast in culture and comp
PWP and Centerview come to mind for great cultures.
My friends at PWP and CVP really seem to enjoy working there. PJT and Rothschild generally have good cultures but have heard that when it's crunch time culture degrades. Evercore is heavily group-dependent. Moelis is still sweaty, albeit a bit less sweaty than a few years ago.
Roth not EB
I would classify cvp as unique culture, not for everyone. Cvp folks tend to be the bookish/nerdy type that are drinking the cool aid so can be cringey if you’re a bit more down-to-earth / self aware
Have heard good things about Rothschild and PWP
Roth not EB
aye congrats on Rothschild
You clearly don’t know banking, they are an EB. In Europe more so than the states, but still they are an EB
very MM in US. not EB - very strong in europe, as you point out.
Cope harder
Evercore PCA has extremely nice analysts/associates/VPs. You're still in the trenches 90+ hours a week, but at least you're doing it side by side with good people. Same goes for PFG from the few interactions I've had with them. They definitely have a better WLB than the all other products groups.
Anyone know anything about culture at Lazard?
Group dependent
Lol what do you mean by FIG if you’re weird? Got a friend there who seemingly has had a positive experience so far.
Hit or miss, lots of sweaty groups
Unironically Moelis. Still very weirdly has a reputation of insane sweatiness (and some groups like M&A and Life Sciences are still very much “old Moelis” in this way) but overall the culture has improved a ton to the point where you have A2As and A2VPs reflecting on how things have changed so much since those bad old days (not always in a good way though as sometimes there’s a tone of “you kids have it too easy now” but I’ve never felt that had a large negative effect).
Overall though folks that I’ve worked with at least are super super reasonable vs my other peers in banking. Respectful of your time and friendly has been my experience
re: exit opps at all of these places from what I’ve seen everyone has a fair shake. It really just depends on the candidate and their willingness to be prepared and potentially conduct outreach on his/her own outside of the HH (coming from a non-target for example). Think the exits are far less related to the bank/group once you’re at this level than the standard assumption. You control your exit opp far more than you might be led to think on this forum
I think you're actually confusing Life Sciences with Healthcare Services. Life Sciences actually has a decent culture for Analysts (i.e. Senior team is mindful of weekends and junior WLB) whereas Healthcare Services seniors do not care.
The culture amongst the juniors at the Analyst level within Healthcare Services is fairly strong since you become really close with people when you're all in the office grinding till late into the evening. Its a pretty well known fact that all the generalist analysts and new mba associates over the last few years have refused to take staffings cause you just get cranked.
Moelis Healthcare is tough because you work really fucking long sweaty hours and then close two deals max all year
How is the life sciences group re exits?
😂 good joke
Lost me at Unironically - WTF does that even mean?
Have friends at PWP and echo the sentiment above. Seem to really like the people they work with
How bad is the wlb?
Delete
PJT/HL RX have decent people and great hours (usually)
What crack are you smoking?
HL RX in new york i heard is good - london is completely different story
HL - the previously unknown EB
not an EB lol not even the RX practice
Which groups at Rothschild?
HL RX culture is a bit more dry and stern from my experience with them. Not necessarily anything wrong with them but didn’t get along well with them.
Heard Rothschild NY is chilll
Group dependent
ROTHSCHILD IS NOT A EB IN US
It is, look at the league tables. Ahead of Gugg /GHL in every aspect. (I don’t work there)
The real issue to point out is HL being considered an EB
How about the best EB cultures in LA?
Best for heart failure at 23 is Moelis.
Heard good things about PWP LA's culture
PWP's culture is relatively more chill compared to Laz and Moelis LA.
It all depends on the group
Anyone from PJT London willing to jump on a call with me? Need some advice
who's the nerd who throw MS at me
HL?????
PJT
PWP and CVP.
I personally work st PJT and can vouche for the culture
I work at Rothschild in the US so can chime in. Great pay, good hours, (mostly) chill people. Pay will probably get better once they go private. They also don’t really lay off in line with other independents. Mostly MM deals outside RX. WFH Fri/Sat/Sun and weekday evenings. Friday night to Sunday morning protected time (generally respected). Analysts can generally take undisturbed PTO. Expanding significantly. Aims to double size in North America by 2027/8. New office in Miami focusing on C&R. Chicago is an exception to the culture and is quite sweaty.
Exits will be better at places like Moelis/Laz/Evercore/etc… especially if you want MF. Come here for the culture, not the exits. It’s fine if you want MM exits. Don’t come here expecting to be highly competitive for BX/KKR/Apollo/etc…
Biggest schools are UT Austin, NYU, UW Madison, Penn, Duke (not totally sure). For those of you who care, Rothschild isn’t very diverse in the US. Almost no senior women and barely any URMs at any level, though they just started a Black Leaders Program (cohort is quite small though).
They generally promote A2A and don’t have a ton of MBA associates too as the mostly hire at the undergrad level. That might be changing though. I’m not really in the loop on recruiting.
Offices in North America are:
New York, Chicago (Consumer/Industrials), Los Angeles (Tech/Consumer), Palo Alto (no juniors I think), Boston (Sponsors), Miami (C&R), and Toronto (Mining). They had a Washington DC office for mining but closed it recently.
As I said, Chicago is sweaty. New York is chill. Idk about the other offices. The Chicago head is moving to be the Miami head FWIW.
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