The battle of the secret elite boutiques: M Klein/Dyal/DBO/Allen & Co

Non-target interested in wanting to do IB long term. Scavenging through WSO, it seems like these boutiques are known to pay above street and have amazing exit opps. But how well do they compare amongst each other? For obvious reasons, it's hard to get information about these firms so any seniors/those who have friends at these firms could attest to their pay or prestige? Would you take an offer at these places over BBs/traditional EBs? Why or why not?

10 Comments
 

I don’t think Allen should be lumped in with the others. These firms really only hire from top targets. The only one that gives non-targets a chance is Ducera. The main benefit of working at one of these firms is the amount of senior exposure you get, and analysts will often work directly with a MD or partner. I am not sure if I would take them over a EB beside Greenhill, but would consider them against a mid tier BB coverage group, since you will learn so much more in your time. But is that extra learning worth working sweatshop hours?

 

Sorry, the others shouldn’t be lumped in with Allen. I just feel they are far ahead. Regularly on mega tech deals (eg. Microsoft, Activision). And where it would be a debate to take one of the others over a mid tier BB, it would be no question with Allen.

 

Totam adipisci velit quia soluta. Sed maxime est quis facilis temporibus distinctio doloribus nostrum. Sint voluptas est magni quibusdam aut assumenda est. Non ut voluptatem amet et laborum.

Eos dolorum beatae ea et. At vel quibusdam dolores voluptatum.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 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 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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

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...”