HL RX Houston?

How is HL restructuring in Houston viewed on the street? Is it comparable to top rx shops in nyc? If not, how feasible is it to exit to buyside shops at associate level?

Any insights would be appreciated.

4 Comments
 
Most Helpful

Not comparable to NYC RX shops, but the Houston team itself came from the NYC RX group so seniors are well respected and known across the street. They've been opportunistically poaching senior level talent for a while. In terms of junior team, don't think they've been around long enough to have "exits." Previous analysts were all laterals that intended to do career-banking. Couple junior team members lateraled out since they got crushed during COVID and left to west coast TMT shops. Seems like a great place to do career banking, but I assume exits will be energy or infrastructure focused unless you don't fall under the traditional UT/SMU/TX school bucket.

 

Aut et assumenda autem aperiam et dignissimos pariatur. Odio vitae et accusamus temporibus assumenda cupiditate ea. Laborum beatae explicabo vel non.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 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

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...”