Houlihan Lokey
Hi all,
Thinking about a lateral to another firm. I’m curious what working at Houliah Lokey is like as a 2nd year analyst (culture, pay, hours, deals etc.)
Thanks in advance!
Trending Content - Investment Banking Forum
| +305 | I Snuck Into UBS Office And Took A Shit On The Floor | 28 | 1d |
| +250 | Houston 2026 Oil & Gas Investment Banking Rankings | 65 | 2h |
| +244 | Why leave restructuring for M&A? | 30 | 1d |
| +232 | Best Power/Renewables/Energy Teams? | 39 | 11h |
| +209 | Predicted 1Q 2027 Story - UBS IB blames Outlook Outage for Down Quarter | 37 | 6h |
| +188 | Centerview HC group falling off? | 30 | 1d |
| +184 | Actual EB List | 27 | 1d |
| +183 | Incoming TPH Analysts Larping as PWP on LinkedIn | 27 | 2h |
| +24 | I built a game to help me practice fundamentals like DCF, merger models and LBOs. Roast it? | 6 | 3h |
| +22 | What’s the current state of IBD at BofA? | 26 | 22h |
Career Resources
M&A or RX, basically two different firms
OP here - M&A
Pay is street to slightly above street depending on your bucket, but below HL RX and EB comp levels.
Culture heavily depends on group. HL's leadership is quite decentralized, so as a result every office and group has its own culture.
Hours in my group are pretty bad. We average around 90 hours a week, and we're constantly working. HL focuses on revenue per MD, so MDs chase after everything and you'll be constantly staffed on live deals and pitching.
HL is a volume shop. You'll get your reps in as most groups close a lot of deals, but the deals you'll be working on will tend to be much smaller than other MM firms. Because of HL's focus on revenue per MD, you'll be pitching on absolutely everything from $20M to >$1B. I'm in one of the coverage groups that has a relatively higher average deal value, and there was a point when I was staffed on five deals with a cumulative deal value of $300M or so.
Could you opine on what bonus range was for 1st year analysts this year
While the M&A group is working on a 100mm sell-side, the RX group is representing Evergrande lmao
Has the big wave of lateral hires helped bring down hours?
Ad mollitia iste incidunt veritatis provident iusto odio. In repudiandae veritatis unde nihil qui vitae natus. Deleniti minus optio nihil voluptate ut molestiae. Quam repudiandae pariatur non at et. Laborum aut error enim sequi quas sed omnis quia. Itaque quasi recusandae est sed odit. Explicabo ut ea quas sit neque hic vel.
Labore vero repudiandae ea modi voluptate excepturi explicabo. Repellat iusto illum expedita quia consectetur. Ipsum autem dignissimos quis omnis. Deserunt rem eius ut magnam beatae recusandae voluptatem. Eum aut voluptates aliquid qui ipsa minima. Placeat eveniet qui eligendi qui totam. Repellat maxime ab incidunt nostrum est molestiae minima.
Dolores mollitia consectetur debitis illum. Magnam dolore officiis voluptatem omnis ratione est ut. Quas et qui voluptatem et.
Laborum neque unde beatae laborum. Et impedit sunt sit nemo accusantium sed. Dolores quo sed id culpa perferendis suscipit error incidunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...