Houlihan Lokey Analyst Compensation

//www.wallstreetoasis.com/wso-company-database/salary

Depends. It varies in CF depending on bonus. Like @"CrankMonkey" said for Rx, base is lower than BBs or EBs. All-in comp can reach street, but I wouldn't bank on it exceeding it.

Top-notch restructuring shop, on par with BX and Lazard. I have a friend summering in restructuring there, he says the lifestyle is fucking awesome (but not as good for the Corp. Fin./M&A guys).

more lunch and dinner money? something tells me your friend is lying. that seems pretty unreasonable

HLHZ Restructuring is actually the exact opposite (hours-wise) of the rest of HLHZ. FAS has very lax hours, while Restructuring gets cranked on a weekly basis.

I don't know what the meal allowances are for restructuring vs. the rest of the bank, but in NY, the whole bank gets lunch money.

As far as pay goes, HLHZ on the whole usually takes a little cut below Street.

HL restructuring is based in Minneapolis. Its very well regarded. They're in the same building as Lazard in Minneapolis.

I can confirm that in HLHZ the restructuring team DO actually get a higher meal allowance than the other teams. But I have to agree with Baloogafish in that the restructuring team consistently gets slammed, whereas the M&A team are more lax and the fAS are very lax.

Gametheory - I am not sure about Compensation of the firm as a whole, ie considering M&A, Restructuring, FAS etc but the restructuring team offers $6k more of a base than BB M&A.

We all know HL's Restructuring practice is top-notch, but where does their M&A practice stand? Is it a top middle-market bank, or just an average MM? Would it be possible to push for both Restructuring and M&A at the same time during FT recruiting, or will I have to declare which side I want early on in the process?

Restructuring sounds like the better practice but I don't necessarily want to put all my eggs in that basket if it's extremely competitive to get hired, at least more than the M&A side.

The M&A team is a Top MM and ranks tops for deals under $1b I believe.

As far as I am aware you will either have to specify which department you are applying for or else put in a general application and let the HR decide which is most appropriate. Both of the interview processes will be carried out by the different teams and will consist of different styles of questioning.

If you like distressed debt, have a good finance background and believe you are aggressive / thick skinned then go for restructuring. If not apply for the M&A team.....