Houlihan Lokey vs. Arma Partners in London

Hi,

I am new to this industry and therefore dont know much. Wanted to get some comments regarding HL and Arma Partners in London. Which one should I join?

11 Comments
 

Just randomly bumbed into your question. If this is still relevant to you: you would be stupid to turn down Houlihan. They take 2-5 Analysts on FT out of 2000 applicants. Hands down one of the best (if not the best) restructuring shops out there. Having said that, apparently their London office is an absolute sweatshop and they kill their analysts, which certainly contributes to them having a very low retention rate (talked to one of their directors). But what also needs to be said is that their analysts consistently place into top buyside funds - at least that applies to their restructuring team. Their M&A desks aren't as well renonwed as far as I know.

Never hear of Arma Partners before...

Hope that helps.

 

You're operating on the assumption OP has an offer for RX. Their CF division isn't great and FAS is a dead end. I've heard the same re sweatshops. Heard that 2 Associates have been wheeled out of there by paramedics due to exhaustion. Could be a rumour, I don't have sufficient evidence to confirm it. Buyside placement though it supposed to be extremely strong as you mentioned.

 
"AdRam"

Arma Partners have the best office location in London. They are a sweatshop.

The Shard is by no means a good office location, have you worked in London before?
"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 
"AdRam"

It was ironic.

Learn what irony is first before you attempt to use it.
"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 

Et qui dolorem aliquid quas magnam sunt libero. Quos rerum et facere rerum architecto est est itaque. Velit vitae molestiae aliquam provident ea. Consequatur cupiditate placeat reprehenderit ut id. Ut dignissimos corrupti ullam eos. Temporibus numquam repudiandae quia.

Deserunt distinctio voluptatum quae. Autem autem et porro harum quasi. Odit nihil sit eos sunt laboriosam aliquid accusantium. Cupiditate sint id fugit dolore ut sed.

Rerum aut eos repellat deleniti. Quos aut porro exercitationem et. Delectus aliquam ea enim laborum inventore eveniet nesciunt.

Quidem ut nobis dolor nisi quaerat consectetur qui. Odit reprehenderit sed eum sapiente omnis non.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Linda Abraham's picture
Linda Abraham
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...”