Stifel vs Brown Gibbons Lang vs Cain Bros vs KeyBanc

I'm trying to learn more about the above firms to know which I should be focusing on. Are they all in the same tier (mid MM IB)? What's the order of the above firms based on comp, prestige, exit opps, business school placement and culture? Assume main NY/Chicago offices.

I understand KeyBanc and Cain merged but I think they act separately recruiting for now.

7 Comments
 

Curious that you place KeyBanc lowest in both. I thought they would be a solid middle market player given they have a balance sheet and are making acquisitions to improve their IB.

Array
 
Most Helpful
  • Cain (HC vertical for Keybank) (gap)
  • Stifel (gap)
  • Key (vertical specific - solid in certain industrial segments) (gap)
  • BGL

My impression of Stifel is that it's deal flow is more sporadic as it chases larger deals and from my understanding, does not win at a high rate vs. Jefferies, HL, Blair, etc. And I've seen several sub-$10 million EBITDA businesses that Stifel has been marketing (not talking huge multiple deals either). It also shows up as much as anyone in the MM on buy side advisory.

If you want MM HC, Cain has very strong deal flow. Heard mixed things about culture (seems to have been a bit of turnover lately in NY office) and execution, but hard to imagine they would lose to many groups on relevant HC services deals

.

 

Aut hic rerum in nesciunt et fuga. Possimus ut sed rerum fugiat sed. Quis quas quis repellendus et.

Qui sed laudantium sequi. Ipsum dolor eius facilis voluptate ad sit placeat. Rerum autem maiores veritatis vero. Quia saepe reiciendis tenetur alias nobis recusandae illum.

Accusamus temporibus sint quia enim neque perferendis. Quod dolor quisquam eos earum neque. Aut voluptates deleniti esse. Quis libero quidem doloremque.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
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...”