West Coast IB Rankings

Have been reading a lot of things online about the relative strengths of IB groups on the west coast, but whats the consensus in terms of where they stack up against each other in terms of exit opps, deal flow, how they're seen by the Wall Street community, etc. The groups I'm referring to are namely GS SF, MS SF, MS MP, CS SF, Qatalyst, GS LA, MS LA, Moelis LA, CS LA. Any insight or rough rankings appreciated!

Comments (40)

  • Prospect in IB-M&A
Nov 8, 2019

[deleted]

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Nov 8, 2019

What are you saying? Qatalyst should definitely be considered. They may not exit well to PE MF/UMM, but they kill it for VC/GE/Corp Dev. Most of the bankers at Q stay though because the pay is ridiculous. Would say top west coast are: GS TMT SF, MS Menlo, and Qatalyst.

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  • Prospect in IB - Gen
Nov 8, 2019

Would strongly disagree with placing Moelis LA above Qatalyst. Top three groups are GS SF TMT, Q, and MS Menlo, with Q and GS having stronger years recently (they were on Fitbit, Salesforce, Looker, Hortonworks, Ultimate Software, CA Technologies, Qualtrics, Imperva, SignalFX, basically every merger of note this year).

Don't know personally, but have heard that Q pays very very very well (around 100% bonus ) which keeps people from jumping ship, but those who have exited have all exited to top shops (NEA, Kleiner Perkins, Accel-KKR, Lightspeed Venture, Corp Dev at top tech companies, etc..), keep in mind with an analyst class of 4-6 analysts per year

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  • Prospect in Other
Nov 8, 2019

How good is DB SF?

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  • Prospect in IB-M&A
Nov 8, 2019

DB no longer a BB - there's your answer.

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  • Prospect in IB-M&A
Nov 8, 2019

Q exits are nowhere near Moelis LA exits though.

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Nov 8, 2019

What about from a completely industry blind perspective? I have no doubt Qatalyst is better for tech than Moelis LA, but in the overall realm of finance you would still say it's considered better?

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  • Prospect in IB-M&A
Nov 8, 2019

Moelis LA is definitely better than Q from an exit opps perspective. This kid has no idea what he's saying. They came to our school and even said that they don't exit well and if you want to exit go to a GS TMT, MS Menlo, etc.

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  • Prospect in IB - Gen
Nov 8, 2019

Answering your question, it really depends. This is kind of like comparing apples and oranges. If you like tech/want to do tech related stuff after your stint, the Qatalyst name is hard to beat.

If you are looking at more traditional high-finance roles, Moelis LA places lights out. But overall, I would recommend getting an offer before considering first as both of those shops are notoriously difficult to get offers at.

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  • Prospect in IB-M&A
Nov 8, 2019

Why is CS SF mentioned but not JPM SF??

  • Prospect in IB-M&A
Nov 8, 2019

Because JPM SF is not good.

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  • Analyst 1 in IB - Gen
Nov 8, 2019

No idea why you got monkey shit - the coverage group is pretty meh when it comes to buyout PE but they do place pretty well into Tech VC/GE and corporate roles.

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  • Intern in IB - Ind
Nov 9, 2019

Lol they are like number 1/2 in tech banking this year..doing better than ms menlo

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Most Helpful
Nov 8, 2019

CS SF senior bankers all left to Jefferies 3 years ago... Should't be included on this list

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  • Intern in IB-M&A
Nov 8, 2019

Can confirm w/ multiple sources in the group. They haven't closed any major M&A deal of notice in 2018 and analysts were all seeking to leave.

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Nov 8, 2019

Barclays tech team in menlo?

Nov 8, 2019
  • Prospect in IB-M&A
Nov 8, 2019

Basing these off of exits

Top west coast shops for traditional buyout pe exits: GS TMT SF, MS Menlo, HL RX LA, Moelis LA, and CS LA
Top west coast shops for tech pe: GS TMT and MS Menlo
Top west coast shops for VC/GE/Corp Dev: GS TMT, MS Menlo, and Qatalyst
Top west coast shops for HFs: GS TMT, MS Menlo, Moelis LA, CS LA, HL RX LA

Don't know why there are so many comments as it is quite clear.

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  • Prospect in IB - Gen
Nov 8, 2019

If looking at tech/tech PE/VC related exits: GS, Q, MS are top.
If looking to go outside of finance, GS or MS.
If looking at buyout PE GS, HL RX, Moelis LA.

Q pays significantly more than all banks listed

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  • Prospect in IB-M&A
Nov 8, 2019

Agreed, however would add MS Menlo to traditional buyout as well

  • Prospect in IB-M&A
Nov 9, 2019

Would say top west coast shops are GS TMT, MS Menlo, and Qatalyst. GS and MS have better exit opps due to their additional placement into tech PE and traditional buyout funds.

    • 1
Nov 11, 2019

One should examine this stat with respect to deal flow, specifically in the context of Tech M&A Deal volume and deal count which translate into fee pool and overall activity. The rankings from 2018-2019YTD are as follows:

  1. Goldman
  2. JPM
  3. Morgan Stanley
  4. BAML
  5. Credit Suisse
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  • Prospect in IB-M&A
Nov 11, 2019

Ok, but GS SF TMT and MS Menlo exit much better than JPM SF lol

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Nov 11, 2019
Comment
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  • Prospect in IB-M&A
Nov 11, 2019