Comments (18)

Oct 29, 2012

What the heck is a "Top 20 boutique"??

Oct 29, 2012

full-time duuh

why do an SA and go back to searching for a job?

Oct 29, 2012

Exactly. You can always lateral at a later point or go into PE.

Oct 29, 2012

"Top-20 boutique" is an oxymoron. "Boutique" is how you sanitize "upstart" or "lower-middle market" in banking parlance. There may be worthwhile exceptions to be made for what is actually a boutique by the more standard definition - i.e., a specialist practice (Qatalyst and Leerink Swann come to mind). But a small firm serving local business in Nashville isn't be in the top 20 of anything that people bother to rank.. not to say that they don't do good work or make good money, because I'm sure some do.

Otherwise, you're either referring to a true "elite" independent M&A advisory firm (e.g. Evercore), or a strong middle-market firm (e.g. William Blair).

Oct 29, 2012

Always take the fulltime. You can even lateral to a BB from a boutique and not waste any years (they'll usually start you as a 2nd year analyst).

But what exactly is a top 20 boutique, is there a ranking I don't know about?

Oct 29, 2012

Yeah, I'm not sure 1-20 are small enough parameters to keep "no-name" and "elite" exclusive.

Oct 29, 2012

Haha I guess I was ambiguous, I meant that the firm is one of the top 20 investment banks in the US, based on value of deals (mergermarket)

Thanks for the comments, so I guess full time it is!

Oct 29, 2012
Jonathan99:

Haha I guess I was ambiguous, I meant that the firm is one of the top 20 investment banks in the US, based on value of deals (mergermarket)

Thanks for the comments, so I guess full time it is!

Then you're talking about Evercore, Centerivew, Lazard, Rothschild, or Greenhill? Take the offer.

Oct 29, 2012
Oct 29, 2012
BTbanker:

^ Also, Moelis, Perella Weinberg, Baird, Harris Williams, Oppenheimer, Edgeview, and Houlihan Lokey.

These names are not in the current Mergermarket Top-20 North American M&A Advisers (Value) league tables. OP specifically referenced that source.

And if you're talking about top or elite boutiques, I would cut all but Perella Weinberg from your list. The others are top middle-market firms. If we're splitting hairs, that is. All are strong firms.

Oct 29, 2012
Sandhurst:
BTbanker:

^ Also, Moelis, Perella Weinberg, Baird, Harris Williams, Oppenheimer, Edgeview, and Houlihan Lokey.

These names are not in the current Mergermarket Top-20 North American M&A Advisers (Value) league tables. OP specifically referenced that source.

And if you're talking about top or elite boutiques, I would cut all but Perella Weinberg from your list. The others are top middle-market firms. If we're splitting hairs, that is. All are strong firms.

lol, I honestly can't tell the difference.

Oct 30, 2012

LOL houlihan is not an elite boutique

frg at HL is elite, but its a good MM overall...not necessarily elite or boutique

Oct 30, 2012

BB even temporarily as long you get a valuable work to do.

Oct 30, 2012

what is your end goal? aka, which one is more relevant to what you want to do?

Oct 30, 2012
Comment