I've found this website to be immensely helpful throughout college and the beginning of my banking career. I thought I would return the favor by having an informative discussion around the current elite boutique landscape in the U.S. (although EB bankers elsewhere feel free to chime in). I think it's fair to say that EBs are becoming increasingly popular choice for undergrads going into finance, especially at target schools. For context, I'm a former EB analyst who spent two years there before leaving for private equity. My initial thoughts here obviously reflect my experience, but they're
15 Jan 2021
First time poster, but thought you all might enjoy this. A friend of mine is a first year analyst with Moelis NY. In addition to getting crushed himself, it appears little has changed in the LA office since 2008. The analysts still place phenomenally. The second year class is going to Silver Lake (2), Carlisle, H.I.G., Apax, Centerbridge, Oaktree, and Onex.
25 Oct 2014
Hey guys, prospective intern here interested in Aerospace & Defense IB. Wanted to ask if anyone had any knowledge on which banks are generally considered top in the A&D space. Thanks!
16 Jun 2020
Just found out where the first year Moelis LA analysts (total of 6) got jobs: 1 to KKR 1 to Silver Lake Partners 1 to TPG Capital 1 to TPG's new special situations group (ex GS-SSG guys) 1 to Carlyle Last analyst is still interviewing with a number of funds. Pretty unbelievable for Moelis LA's first year analyst class. I heard these guys were told by associates at TPG that all the megafunds were fighting over Moelis LA analysts. Looks like it was true.
16 Jul 2009
[quote]Moelis & Company, the New York-based investment bank, will establish a new office in Houston focusing on clients in the oil and gas industry, the company announced today in an e-mailed statement. The firm is hiring for the effort and expects staff in Houston to grow to between five and 10 bankers in the near term, a spokesperson said. Over time, the office will add headcount as it expands coverage of the energy sector. The firm will hire a mix of senior and junior bankers.
16 Feb 2011
Had offers at both. Really disliked the culture at Moelis NY. They are hiring way too many way too fast and several of the current analysts and associates I spoke to are put off by the excessive aggression and hated their lives. Felt the Centerview culture was much more tight knit and boutique like. Both are growing though Centerview focuses a little less on headcount but more on executing deals. In the end I went with the people I liked more at Centerview.
20 Nov 2009
It seems that Moelis & Co. is what GS used to be like back in the day: small, tight knit group focused on M&A, longest hours, strategic focus on building its brand and developing a strong reputation, etc.
14 Jun 2018
Hey all, Just finished going through the SA recruitment cycle, and having worked my ass off, I feel very fortunate to come away with two offers for the summer - one at Moelis NY, and one for ER at a top BB (think JPM/BarCap/BAML) also in NY. I am really torn between the two offers, but I know that my long term goal is to be a portfolio manager at a HF. Right now I'm 50/50 and have my own thoughts on both offers, but would like to hear what you have to say before disclosing them. In general, lifestyle, exit ops, and the general experience are very important to me.
16 Feb 2011
Hey guys! I need to make a quick choice in 1~2 weeks and I would like to hear your sincere advice on this. All the positions are for London. Some thought from my side: 1. Mck: Pros: Best brand name, wider exposure (both corporate finance and strategic consulting), more traveling (I like traveling), less weekends work, and more responsibility (I assume) Cons: Completely new area, language/culture barrier (as I am not Brit), less pay (c. 40% lower in the first two years?), and how much value does consulting really add? 2. Moelis: Pros: Broader exposure within banking (M&A and Restructuring), more responsibility, easy access to senior bankers, strong growing prospect, and training (1 month in NYC)
22 Nov 2010
offer from Houlihan Lokey in their financial restructuring group in LA offer from Moelis NYC ibd generalist offer from Barclays Capital in IBD in NYC (specific group determined next year in training) Out of these 3 offers, I am implicitly casting Moelis off the list because it seems that their class is so huge and the calibre of their NY office doesn't seem to come close when compared to their LA office.. How would you rank these offers? P.S. I don't have a legitimate banking internship so I don't know whether I prefer restructuring or m&a..I just want to maximize my exits to PE..thoughts?
13 Oct 2010
I'm not as familiar with dealflow at boutique banks, but I did notice a flurry of PR and excitement when Ken first left UBS. Phenomenal guy of course, and his practice landed some incredible deals in the first few months. I'm curious now that the buzz has subsided, where people feel Moelis fits into the picture. Are they a nichey restructuring shop like HLHZ, are they well rounded like LAZ, and how do they stack up in the world of boutique banks? Just trying to get market color.
01 Feb 2011
Thoughts on an offer to return to Citi IBD (after an internship) vs. a Moelis (New York) offer? On the one hand, Moelis is seen as an up and comer, but whether they will get there remains to be seen. Citi, on the other hand is a solid BB, but no GS/MS. Which would you take in terms of prestige, exit ops (especially for PE or B school), quality of deal flow, and quality of managers?
08 Dec 2008
I am a rising sr interning this summer at Evercore/BX/Laz/HLHZ and wanted to know how Training the Street works? What exactly do they go over etc? Just want to be informed/prepared before training starts. Thnx
20 May 2009
Hey Guys, Just wondering what is the bonus and salary for 1st year and 2nd year analysts at the following boutique banks: Greenhill Moelis Blackstone Lazard Evercore Just trying to get an idea
02 Apr 2010
So how would you guys rank these banks strictly based on opportunities to Distressed Hedge Fund/ PE firms? I figure Blackstone and Lazard are at the top, but I have an opportunity to pursue with a couple of the firms listed below and wanted to see where it sizes up: Evercore Moelis Centerview P J Solomon Miller Buckfire Millstein Greenhill Rothschild Guggenheim Imperial Chanin (D&P's Rx arm) This is strictly for the restructuring practices of each firm listed. Again not really trying to rank which one is marginally better than the other, but perhaps a tier system? Just to see which ones have possibilities for distressed buy-side options. LinkedIn provided very little in terms of strictly distressed buy-side opportunities, btw. Thanks for all the help.
30 Oct 2012
I was hanging out at my buddy's place last night and we were talking about vacation plans for after graduation. He talked about how I should be enjoying the last few months of school and go somewhere baller after graduation since I'm gonna get crushed once I start work. I never really thought about it before, but hearing it from him and looking at the calendar freaked me out. 'm still thinking about it a day later and it's making me pretty anxious... After graduation, I'm starting at a boutique that's supposedly a sweatshop (Moelis/Lazard). Looked at a bunch of WSO threads today and getting
17 Feb 2016
Hi all, Why would I want to ever be at Moelis NYC? What are some good things about the place outside the fact that it's generalist across product and group? Thanks in advance
11 Jun 2019
Hi Monkeys, Can anyone comments on the Moelis Dubai office in terms of culture, hours, comp, and exit opps? I'm interested in working in the region and they seem pretty active there. Thanks!
29 Jan 2021
Does anybody know the recent and historical story on pay at good, smaller shops (blackstone, lazard, greenhill, evercore, moelis, houlihan lokey, centerview, rothschild, etc. etc. etc.) compared to the street. I am particularly interested in Lazard, Moelis, Evercore, and Greenhill. Does anyone also know how long people work at these 4 shops versus most BBs? I know that this has been discussed before, but I'm sure things changed a lot recently, so I was wondering if anyone had an updated story on this. Thanks.
04 Oct 2009
I was lucky enough to have offers from some of the usual suspects from this list: Blackstone, Evercore, Lazard, Moelis, Greenhill, MS (not M&A, get a generalist, I don't know which division). Can someone comment on which option would be best for me? All the small ones are for generalist/M&A advisory. All positions for NYC. I'm not looking anywhere else, i.e. like Moelis LA.
17 Sep 2010
Can anybody who's actually interviewed with them share some info about the process and what questions might be asked? Everyone on this board screams when they hear Moelis "the most technical thing in your life" but most of the people on this forum are also college kids in fresh year who have wanted to be a banker since 15. I want to mainly hear from people who have either worked there or have gone through the interview process. From what I've seen, a lot of my friends who aren't finance majors got interviews. I personally am not a finance/business major. Any help is appreciated.
02 Feb 2014
Ok so this topic may have been beaten to death as I have checked other forums on this, but is there any general consensus on which firms fit the definition of an elite boutique (example bank you would consider joining rather than a BB if given the opportunity). The reason I ask is I will be interning at firm which I would rather not name, but is borderline to being considered one. Well I know people hate these posts that deal with prestige and what not, but I think this is a legitimate inquiry into not a ranking, but what boutiques are considered elite. What I consider the "Elite boutiques": Lazard, Blackstone, Greenhill, Evercore,Rothschild, Centerview, Gleacher, Moelis, Miller Buckfire, HLHZ Any substractions? additions?
01 Apr 2009
Hi all, I had some questions about Moelis' Capital Markets capabilities. I know that they don't have a balance sheet so they don't actually have any debt or equity offerings but they do offer advisory for capital raises. I wanted to see how that process works in an EB like Moelis. Also, would like to know how an Analyst and Summer Intern really gets involved in that process. I know that with their NYC and LA offices they say that both roles are M&A and RX specific. Does that mean that they don't actually work on mandates outside of that? (i.e. equity and debt offerings) Looking forward to
09 Jun 2019
Hey guys, So I know people have explained what PCA is on here, but can I get some insights about what an analyst does day to day? I know that the group focuses on raising money for funds and also advising funds on whether to sell their assets off or not but what specifically does the analyst do to support the process? Financial modeling to determine value of potential sell/purchase assets/interests owned by clients? Marketing materials to raise funds for clients? Market/industry research to support clients investment thesis? If I'm totally off, please correct me guys, but I'd be very
29 Sep 2017
I'm starting full-time this summer at a boutique with solid M&A and RX franchises and wanted to get some info and advice before training starts. The firm is pretty well known (Evercore/Moelis/Lazard/Greenhill) and I have the option of going with either M&A or RX. I did not summer at the firm and so can't really pick based on culture. I also have no specific industry interest. As someone who's undecided between PE/associate promote/b-school, which route would offer me the best experience and most opportunities? Also can anyone speak to the differences between being in a dedicated RX team (LAZ
08 Mar 2016
Looking for something interesting/relevant to watch or listen to in downtime. I really enjoy watching interviews with successful finance professionals such as Buffet, Dalio, Moelis, Icahn, etc.. Not interested so much in their stances on current market outlook but more so on their life-stories, advice, and so on. It is obvious, but these individuals' experiences allow them to deliver simple yet insightful statements, which can be of great value. Let me know if you guys know of any specific videos/docs/podcasts that you think are worth giving a good listen. Appreciate it.
27 Mar 2018
Hey guys, I have an analyst 1 lateral interview coming up at a EB in NYC (Evercore/PJT/Moelis). I've been working at a MM industry coverage group in a non-NYC/SF office for half a year now. My group is fairly specialized and we have a completely different way of modelling and valuation, just wondering what sort of questions I should be expecting for the interview and since I'm only 6 months out of school, will the questions be more similar to a full-time interview. Thanks for the help.
16 Jan 2016
This recruiting cycle that finished a few months ago has yielded great analyst placement for Moelis after its stellar placement last year. From what I know, analysts will be going to Providence Equity, Silver Lake Partners, KKR, Warburg Pincus, and Madison Dearborn. Some will also be going to hedge funds such as Anchorage, Watershed, and Tennenbaum. Let me know if I am missing anything from this year. Last year analysts went to Apollo, TPG, Silver Lake Partners, KKR, and Carlyle.
16 Jul 2010
Hi, I have a first round interview (90 min) with Moelis London coming up next week. Any tips/advice? Any of you fellow monkeys been through this? What can I expect? Does anyone know what the case study entails? Thanks guys.
12 Oct 2014
With Moelis going public this week I was wondering if anyone has stories to share about how the culture of the bank changes once public? With Evercore, Greenhill, etc. in mind I'm curious what this will do to Moelis culture/motivation going forward?
17 Apr 2014
So in the private equity world everyone is bolstering up their distressed investing units EXCEPT TPG. TPG Capital decided to reduce the size of its $6 billion distressed fund targeting financial institutions by 25%. TPG told investors it was scaling back its distressed financial fund because it was concerned the government's expanded role in the financial sector meant fewer opportunities for private sector firms. TPG says "we are competing with the government and their funding is cheaper" Thoughts...
09 Feb 2009
Hey all, I am trying to find out more about the analyst programs at Evercore, Lazard, Moelis, and Jefferies. I think I have a general idea, but I think I need clarification. My question has to do with what the process is for determining your group with the bank is. As I understand it, for: - Moelis you are a generalist for all 2 analyst years. -Lazard you are either in restructuring or a coverage group. But when do you decide which one you go into? - Evercore you are a generalist for a few months then you decide to go into restructuring or a coverage group. Jefferies- no idea So, I may be wrong on some of the above, and don't know some of the info. Could you guys fill me in?
09 Dec 2011
Which offer would you take in an analyst position between MS and Boutiques like Greenhill, Lazard, PWP, Moelis or Evercore? Would it really depend on which group at MS you got placed into? I feel that there are some groups at MS that would be much more prestigious than at boutiques but if you don't get placed into the right group that the boutiques would be better.
25 Feb 2009
This summer I accepted an offer at a MM (Jefferies/WF/RBC), which I was initially very excited about. While I still believe it to be a great opportunity, I cannot shake the though of possibly lateraling to an EB like Moelis or Evercore. There is one reason, besides the fact that they are more prestigious shops, which has driven me to this recurring mindset, and that is the lean nature of these banks. I appreciate their sole commitment to the advisory aspect of the industry, as I believe the offering of every product under the sun by large banks can often dilute their ability to best advise
07 Dec 2017
We hear a lot about Moelis LA and NYC, which supposedly have amazing exit opps but very intense cultures. What do you guys think about Moelis in London? How does it compare with boutiques like Evercore or PWP, or with independent houses like Lazard/Rothschild? Thanks!
21 Nov 2014