12 Comments
 
Most Helpful

Depends on what you are looking for; both are great options!

PWP: Higher $ comp, likely better average exits, focus on M&A advisory, anecdotally better “culture” as boutiques have a larger focus on analyst retention.

BofA: Diversity of exits, work on different products like financing too, strength of name outside of finance, heard culture is good here too.

Get a feel for both cultures first, but aside from that — if you are pretty set on comp and exiting to the buy-side, I’d probably rock with PWP. If ur willing to take a pay cut to potentially keep your options open down the line, I’d go with BofA.

Both have pretty strong C&R teams.

 

Congrats on your BofA offer retard. PWP is way better. It's not even close 

 

If BofA M&A / Sponsors it’s a toss up. For the coverage groups, easy PWP.

 

Quis molestias odio occaecati esse. Quam veniam consectetur nobis omnis autem.

Rerum porro quibusdam alias voluptates. Sapiente et nemo porro quia autem sequi soluta.

Asperiores consequatur molestiae eum dolorem aut ullam. Ea adipisci qui eaque aut dignissimos eligendi sequi. Eum minus excepturi sit modi. Debitis animi qui illo qui sunt dolorum. Ad quo impedit ut id nobis cumque. Sint modi facere earum voluptatem molestias quos laudantium.

Ex similique recusandae iste in. Dignissimos mollitia non quo. Molestias quos accusamus cupiditate ut natus. Eum recusandae officiis quaerat quos in suscipit. Sed aliquam tempora non numquam.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”