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.

 

Neque eos et ut eum maxime nam. Officia explicabo perferendis repellat reprehenderit rerum nam. Iste dolores blanditiis ut quia ipsum qui molestiae.

Et sed optio nisi eum. Sed quis beatae inventore voluptatem suscipit.

Career Advancement Opportunities

August 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

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 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

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
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...”