Oppenheimer M&A vs. Houlihan Lokey FAS

Which would you go to FT and why? Is it possible to lateral internally through FAS? Or externally out of FAS into another M&A advisory firm? I'm shooting for M&A advisory analyst -> PE.

3 Comments
 

I've heard bankers from other groups at HL compare the FAS guys to Milton from Office Space. So internal lateral is potentially tough. Also the industry groups at HL generally self-execute, so the M&A guys don't really do too much from a deal flow perspective.

Conversely, I think OpCo's reputation has gone down in recent years, but I did have a college acquaintance lateral to lev fin at a BB after 1 year at OpCo, so take that how you will.

 

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