Gugg Moelis Houston outlook??

Based on the most helpful WSO content, here's a bit of insight into the Houston scene for Guggenheim and Moelis:

• Guggenheim in Houston: Guggenheim has established a presence in Houston, which is notable given the city's significance in the energy sector. The firm has been growing and even though there's no specific mention of the impact of Laghari's departure, it's clear that Guggenheim is committed to maintaining and expanding its operations in the area. They have been preparing for something, as indicated by the establishment of their office, which suggests a strategic move to capitalize on the energy market.

• Moelis in Houston: Moelis is known for leveraging its restructuring arm and overseas connections, which could be particularly valuable in the energy sector given the volatility of oil prices and the potential for restructuring mandates. The firm has a strong reputation in New York, and it's likely that they are applying the same level of expertise to their Houston operations.

While the departure of key individuals like Laghari and his team can have an impact, both Guggenheim and Moelis are large, established firms with the resources to manage such transitions. They are likely to continue to be significant players in the Houston market, especially in areas like energy M&A and restructuring, which are key sectors in the region.

For more detailed and up-to-date information, it might be helpful to check out the latest threads on Wall Street Oasis or reach out to industry professionals in Houston.

Sources: Personal Experience with Houston Energy IBD - Thoughts on Industry Outlook? (Long Post), Lazard vs Moelis Chicago Offices, Millstein acquired by Guggenheim. Thoughts?, https://www.wallstreetoasis.com/forum/investment-banking/db-nyc-vs-guggenheim-nyc-vs-rbc-nyc-ma-vs-tph-pwp-houston-for-2019-sa-ft?customgpt=1, Guggenheim Partners Investment Banking