MM IB vs Evercore PCA

Take MMIB, try lateral later if you want. PCA is SUPER niche.

Would take PCA given WLB and comp (often more top buckets than their M&A counterparts). They're also literally killing it in an industry that is rapidly becoming mainstream (GS, MS and Roth started building secondary advisory practices over the last 9 months).

Exit ops are relegated to secondary shops from PCA. Supposedly PCA has minimal weekend work with the highest comp at each level in advisory for what its worth. 

It’s just a summer so can always lateral for FT. If you only care about buyout PE then do the mmIB. If you are more open to different careers then start to think about PCA. Would be a better choice if you want to stay in banking longer term but as others have mentioned, it’s a rather niche product group.

PCA is growing but niche, unstructured upward mobility and lack of optionality

if MMIB is reputable like Piper/HW/HL/Baird then I'd personally take that - if a lesser known MM then harder decision to make

wondering how feasible going from PCA --> M&A is whether internally at EVR or externally to BB/EBs