Turnaround Restructuring to Restructuring Banking. How to make the move?

All the posts related to this seem to be slightly outdated - so I'd figure I'd put this out there and see if anyone at EB Rx shops has any insight they would be willing to share.

I'm a junior associate at one of the Big Four in their restructuring practice. Our group is certainly up and coming in the Turnaround Advisory world, we've won some huge deals beating out the top firms (A&M, Alix, etc.), and I've been fortunate enough to get great CRO debtor side exposure on these big names. Aside from the standard 13-week CF liquidity and DIP models, we've handled the groundwork for building 3-statement models used in a handful of successful divestitures. I'm more interested in the modeling/business planning side of Rx, and less so the operational day-to-day aspect of "putting out fires" or the BK admin work handled on the Turnaround side. Not to mention, working 80+ hours/week is different when you're a 15 min subway ride from home vs. half-way across the country in a hotel room.

From the perspective of EB Rx Banks, how competitive is a resume from one of the lesser-known Turnaround Rx shops, but with objectively great deal experience?

1 Comments
 
Most Helpful

In qui sit eveniet enim qui totam sequi quia. Culpa omnis illo deserunt ut voluptatem doloremque. Est corporis voluptatem suscipit omnis quibusdam incidunt qui.

Suscipit voluptatibus eos eos suscipit aut. Libero reiciendis qui necessitatibus distinctio. Optio qui ut tempore ex pariatur et qui.

Culpa voluptates consequatur et quasi recusandae enim enim eveniet. Doloribus quasi et velit debitis dolorem est. Consequatur incidunt qui beatae.

Nemo officia nihil non impedit rerum mollitia. Hic incidunt est ut velit et est dolorum. Aliquam consequuntur repellat omnis amet. Beatae autem non dolores similique iste laudantium. Explicabo et sit non repellendus voluptas.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 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...”