Moelis NY vs PWP NY

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Comments (22)

  • Prospect in IB - Gen
Apr 23, 2021 - 8:36pm

I've definitely heard from the conversations I've had that PWP has one of the best EB cultures and Moelis has one of the worst, but that may not hold true in your situation considering you seem to like the people at Moelis. If you don't mind me asking, what do you mean by close personal connections at Moelis?

  • Prospect in IB-M&A
Apr 23, 2021 - 8:38pm

No worries! By close personal connections, I mean that many of my close friends and fraternity alumni are at the NYC office, and my older sister is also a VP in the Moelis office. I've also heard that PWP's culture is top though.

  • Intern in IB-M&A
Apr 23, 2021 - 9:18pm

if your sister is a VP then just ask her for the dirty truth. she'll know better than anyone here what it's like at Moelis and I'm sure she could give you some info on PWP as well. that should make ur decision easier

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  • Analyst 2 in IB - Gen
Apr 24, 2021 - 12:48am

Would take Moelis. Hours are rough either way at most places. Best to go for the better opportunity 

Apr 24, 2021 - 1:11am

I would take Moelis since you have close personal connections in the office. Less regret

Array
Apr 24, 2021 - 2:33am

Moelis

Pros: My Sister is a VP

"Markets can stay irrational longer than you can stay solvent."

  • 1
  • Prospect in IB-M&A
Apr 24, 2021 - 2:21pm

Honestly, I would not worry about prestige. Moelis and PWP both offer very similar exit opps and are generally regarded as top EBs in NYC.

  • Associate 1 in PE - LBOs
Apr 24, 2021 - 4:55pm

Idk in my experience I don't see many PWP folks at buyside shops, but definitely have run across Moelis people. Maybe I'm wrong though. 

Most Helpful
  • Analyst 2 in IB - Gen
Apr 24, 2021 - 6:37pm

Both firms are pretty much the same in terms of ability to get exit opps, name brand, etc. Honestly if it were me, I probably would choose PWP because I wouldn't want to work in an office where a direct family member is in a (relatively) senior position, especially in an EB where most people know each other. From day one you'll be XYZ's little brother and for better or for worse, your guys' reputation in the office will be tied together. There also may be people at the office or in your analyst class that assume that you got the offer through nepotism (and hey maybe you did who knows). Also Moelis hours are soul crushing. 

  • Intern in IB - Gen
Apr 24, 2021 - 9:40pm

Was in a similar position last year and chose Moelis because I really enjoyed the people, had more alumni connections, etc and the other firm I felt weaker connections/less support system. I know Moelis has a bad rep for hours, but in all honesty it's kind of a wash between firms at this level. Hours =/= culture, and I was willing to work an extra hour at Moelis with people that I really liked.

  • Analyst 1 in IB - Ind
Apr 25, 2021 - 12:33pm

As someone who has roommates at both, PWP NY is by far the better choice here. At Moelis, you admittedly have more prestige, but the tradeoff on everything else is pretty big. For example, you will likely pitch WAY more, have nerdier / less fun coworkers, work 10-15% more hours, constant weekends etc.

Believe me, the difference in prestige is not worth the tradeoff. Also, for what its worth, the bonus spread at PWP is definitely much tighter and the exits are prob marginally worse / the same if you're in a good group (ie Consumer or Healthcare).

  • Analyst 1 in IB - Ind
Apr 28, 2021 - 2:31pm

Sorry this is completely unrelated but do you know when your roommates will be returning to the office?

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