What are Today’s EBs?
What’s the current lineup and ranking of EBs? Seems like it’s shifting, what is no longer considered an EB that used to be?
Trending Content - Investment Banking Forum
| +326 | UBS Tech MD hires Son (from no-name college) as an Intern | 57 | 15h |
| +243 | Evercore Intern Seizure | 38 | 2h |
| +90 | [Official] 2026 IB Analyst Bonus Megathread (with 2025 Consolidated Pay and Perks/Benefits) | 12 | 2d |
| +55 | Is DCM actually underrated ? | 21 | 14h |
| +54 | JPM M&A is Gone??? Purely Coverage Banking??? | 22 | 5h |
| +46 | Are all Tech / TMT groups sweaty? | 33 | 1d |
| +40 | Losing my personality in Banking | 6 | 4h |
| +39 | Am I behind? 31 Year Old Analyst | 9 | 1d |
| +38 | Associate & Above IB exits | 16 | 2d |
| +31 | Incoming IB Analyst: Best Ways to Prepare? | 8 | 2d |
Career Resources
The only thing that has shifted is Greenhill. Every other firm that was a considered an EB five years ago still is.
GHL made a conscious decision not to expand, but it may have backfired as talent always flocks to the fast-growing companies (see: Evercore)
The undisputed ones are Evercore, Lazard, Moelis, PWP, PJT, Rothschild (Europe), and Centerview
Disputed ones are Guggenheim, Qatalyst, Rothschild (North America) , and Greenhill
Why tf is Q disputed?
I dunno. It just is. Personally I consider it one, but not everybody does. I don't know why, but just browsing WSO over time, that's what I've generally seen. It might just be because of its smaller presence of only having one single office.
I still don't get why Gugg isn't considered an EB by some. Their strongest groups (medtech/biopharma, tech) are probably better than a few of the ones you listed as undisputed.
I wouldn’t consider industry boutiques to be EBs. Also, ROTH in the US is not an EB, it is a MM.
Agree, hard to compare industry specific boutiques vs. EBs.
There are some industry specific boutiques that pay around EB level on good years. Alot of the ones in HCOL areas pay what would be considered street at BBs.
Rothschild is definitely growing. In 2018, 46% of their deals in North America were $1bn+. In comparison the same figures for traditional EBs are: 43% for Evercore, 43% for PJT, 40% for Lazard, and 34% for Moelis.
Source: https://www.wallstreetoasis.com/forums/rothschild-co-in-2020
Easy there ROTH intern. Look at league tables. Additionally, their pay is below all EBs besides LAZ, and nobody I know would take ROTH over any EB or top MM shop.
Jefferies is more of an EB than Rothschild
Jefferies has a balance sheet
This is the caliber of of people that go into banking these days lol
At a top BB group and only time I’ve ever come across Rothschild is a small RX situation.
Tobin & Co.
Evercore will be too big and pay too little in a few years.
Pitfalls of going public and reporting a comp ratio...
Though i bot the stock in the 40s last spring $$$$$
Evercore went public 15 years ago
Out of curiosity, where does pj Solomon stand in the world of boutiques? Personally wouldn’t class it a an eb but I’m not to sure how to compare it to other banks
Strong consumer retail boutique.
Phenomenal culture, solid pay. Forgot which poster but a post-M7 MBA IB associate at an EB on here said PJS really impressed them.
Def MM but growing fast and expanding out of retail to other sectors. Interesting to see what happens in 5-10 yrs
Provident magnam consequatur unde maxime blanditiis consectetur eaque itaque. Dolor numquam unde eum consequatur aliquam nostrum perspiciatis aut. Neque rerum ducimus accusamus consequuntur ut velit nam. Quo non non impedit ducimus nihil. Et consequatur eos voluptatem voluptatum quidem. Excepturi labore illo nemo facilis ea eveniet omnis.
Natus voluptates voluptatem quaerat possimus quo maxime adipisci et. Sunt optio quas a neque voluptatem. Dignissimos quia accusantium enim fugiat quis dicta. Nemo vero nemo consequatur ducimus. At sint ut error libero eaque in. Aut atque accusantium nam soluta quod est.
A tempore possimus quis velit et. Commodi libero in id excepturi rerum sed. Quia rem qui est libero sint atque aliquam. Voluptatem pariatur odio rerum. Dignissimos et consequuntur reiciendis qui veritatis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Earum rerum soluta ab reiciendis labore tempora. Ut eveniet quo sint quo.
Iusto voluptas iure officia voluptatum ipsa ipsam sunt. Sit et aut voluptatem eveniet perspiciatis. Explicabo possimus deserunt repudiandae sunt suscipit deleniti. Est nihil consequatur saepe nemo praesentium qui.
Quo minus quasi nemo sunt in minus quidem quia. Illo expedita facere quam voluptatibus architecto rerum. Sequi architecto dolores porro dolore officiis.