EB (Moe/Laz) vs Elite Niche Boutique (M Klein/Dyal/Ducera)

I recognize that both are incredible opportunities and that I would learn a lot at either platform, but I’m trying to decide which one you would recommend signing.

Pros of the EB:

  • Stronger brand name
  • Potentially better exits

Pros of the smaller elite niche firm:

  • Greater responsibility and more direct exposure to senior bankers
  • Higher compensation
16 Comments
 

In most cases I think a normal EB (CVP, EVR, MOE, PJT, LAZ, PWP) outweighs the niche boutiques.

The only scenario where you’d choose a niche boutique is if they are fairly new, are absolutely crushing it, and it’s a very good opportunity to get on the ground floor. You will make materially more than any IB seat if it pays off. I know a few sector-specific boutiques that pay disgustingly high comp. For example, joining Qatalyst (tech) would have outweighed all IB and frankly nearly all PE roles in the junior to mid levels. The pay at Qatalyst along with a few other sector specific boutiques you’ve never heard of is almost unfair.

 
Most Helpful

I mean Dyals comp is on par with Q and ardea if not higher and I’m sure Klein and Ducera are up there

 

I personally know people who are FT analysts at Mklein and dyal. All I will say is what they market themselves to be is not what the experience you will get there... 

 

You would actually have to be retarded if you choose M Klein/Dyal/Ducera over Moe/Laz. You can receive just as much responsibilities as an analyst at both places. Same with senior exposure. Comp might be somewhat higher at M Klein/Dyal/Ducera but I know people here love to inflate the numbers. Lastly, Moe/Laz will always have a better brand name, and exits will always be better.

But the biggest problem for M Klein and Dyal, is that Michael and Gordon are getting old. Once they retire, deal flow is gonna get cooked.

 

Corporis non vitae qui quaerat. Culpa praesentium facere nemo veritatis consequatur velit animi recusandae. Ut facere ratione reprehenderit cum. Officiis itaque omnis sapiente praesentium possimus. Ut id et et similique.

Temporibus possimus omnis doloremque voluptas doloremque debitis. Ipsa qui odio in quis qui autem eum non. Illo quasi provident tenetur quos eum atque. Corporis reprehenderit deleniti iusto commodi. Debitis ut natus dolores.

Repudiandae provident non sequi. Consectetur facere iure omnis repellendus aliquid. Qui omnis earum ut id tempora voluptas eligendi.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 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 (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (81) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”