Evercore vs moelis

Non-diverse target, offers in hand at both places, both nyc m&a


In my mind, Moelis has done a better job of maintaining the independent advisory culture and still has the entrepreneurial, relationship-driven atmosphere to it. Evercore seems to be trending otherwise with regard to some of these aspects. I imagine comp is similar. Trying to get a sense for how their respective brand names stack up today and what exits look like for recent analyst classes. Also is consensus still that Moelis is meaningfully sweatier?

 

This is secondhand so take that as it will, but impression I got personally was that EVR is more group dependent. The sweatiest EVR groups (eg. tech) are likely to be even sweatier than Moelis, which is pretty bad all across the board but not super super bad (heard culture has improved slightly from what people think, assuming this is NY). But there are more chill groups at EVR too. On average probably the same in terms of how much you'll be grinding tho

 

Evercore is a lot bigger in terms of class sizes so you would have to network for group placements when you start FT, so experiences will not be consistent. Some groups can be sweatier than Moelis. Evercore is considered to be the more prestigious tho if that's your thing. Moelis is more like an upscaled Jefferies. Where you exit is more up to you, choosing EVR/Moelis would not make too much of a difference

 

Ye but how much does it matter if there are only 20 analysts total in NY. EVR have 60 in NY

 

There are multiple threads about "Evercore's Downfall" on here. But as a TLDR, culture varies drastically across groups with tech being one of the worse on the street. High senior churn last year to other EBs (Menlo's office is gutted). That said, deal flow is strong and consistent exits.

 

Both are awesome places, congrats! I personally would prefer EVR as I really liked their culture - how they don't taboo people who are trying to leave, that was something that spoke to me a lot.

 
Most Helpful

Former Moelis associate here. Hours were definitely long but I wouldn't say we were more sweatier than any other banks. Seen friends at EVR/PJT/LAZ/PWP/JEF all work pretty similar hours, and we still got to go out for drinks on Friday nights every now and then! We also all landed on decent buyout shops so opportunities are pretty similar I'd say!

 

Curious but are BB/EB hours exaggerated? Is it really 9am-2am everyday consistently working 80% of the day? What would the average work week be in terms of hours and how many "true hours" you are working. It seems like everyone says theyre grinding 85-90 hours but working entire time is almost impossible weeks on end like that

 

Accusamus corrupti corrupti facere harum. Quia voluptate nemo praesentium temporibus. Labore et consequuntur tempore qui ut quia. Aspernatur culpa voluptas odit repudiandae nostrum quam ut.

Quo est adipisci debitis officia natus quod et. Officiis dolores enim deserunt fugit. Aut fugiat fugiat officiis incidunt. Nisi est non et alias molestiae.

Est et nihil numquam necessitatibus et corporis aut earum. Qui exercitationem pariatur quia ea laudantium mollitia amet molestias. Aperiam qui quia consequatur inventore dolorum beatae. Quo natus tempore natus at dolore dolores temporibus.

 

Dolorem distinctio maiores atque in fuga est corporis. Quo dolore id a amet dolorem placeat dolorem.

Fuga vel voluptatem quis sit placeat expedita. Atque dolorum officiis fuga deleniti velit. Qui sint architecto suscipit eligendi voluptas.

Placeat vel illo harum voluptatem. Suscipit accusantium corporis nostrum illum. Vel et rerum sunt in qui. Ut et possimus eum autem assumenda cumque quisquam aut. Ut ea consequatur quis.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
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...”