I did a quick search to see if I could find any info on compensation at HL and didn't see anything recent. Does anyone have any insights as to how they compensate Associates? Does it vary between locations (Chicago, NYC, Dallas, etc)?
Any view at all here would be helpful as there doesn't seem to be much out there on this topic.
| +89 | [2026 - October] Unbiased Prestige Rankings | 55 | 1h |
| +87 | Who is the final boss in Houston Energy? (GS, JEFF or EVR) | 19 | 20h |
| +78 | You should probably leave IB | 26 | 1d |
| +45 | Why Do We Turn Comments? | 10 | 1d |
| +43 | Tomorrow Will Be Better | 5 | 4d |
| +41 | Moelis PCA vs Lower tier BB Coverage | 30 | 1d |
| +25 | Banking (Un)fortunately Still Needs You: My Case for Bankers in the AI Era | 3 | 1d |
| +24 | How much should you ask questions / seek feedback as an intern? | 9 | 6h |
| +24 | UBS IB #24 in US M&A in 2026 | 10 | 3h |
| +23 | Lateraling as Analyst | 21 | 3h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
there are some Associate comp datapoints in our Company Database:
//www.wallstreetoasis.com/company/houlihan-lokey/compensation
Thanks for pointing me there. However, I took a look at the two datapoints and one was in LA and the person indicated they had been at the firm for 6 years but in the industry for 3 years. Maybe that was just a typo?
Also, if anyone has any clue how things are in the Dallas office (if they are on par or up or down from these numbers) then I'd be curious to know.
I've heard they're usually below street (or comparables in the area).
Are you kidding me? They definitely pay above street-my flatmate works for them. Houlihan Lokey is known to pay second best after Lazards...
below street except restructuring
What is an actual number for "street comp" for a 1st year analyst?
Too tired to read the whole post. Just completing my first year as an analyst at HL in corporate finance. In every regard it has been an awesome experience. I have gained some great financial modeling skills and met some great people. Regarding pay. It has been very competitive, on the same level with BB and other reputable advisory firms. Hope this helps
Voluptatibus ipsum vel beatae aut qui unde non. Consequatur qui et alias et cupiditate tenetur. Sit aut sunt sit nisi et dolorem. Quam laborum aliquid beatae hic nisi rerum.
Sunt saepe autem harum tempore rerum. Fuga aut qui non assumenda voluptatem ea. Voluptas velit labore sed repellendus quaerat doloremque mollitia.
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...