Peak Frameworks

SEPTEMBER 11, 2023

We note that UNC sends the vast majority (95%) of its investment banking hires into Bulge Bracket firms, with the largest proportion going to Bank of America and Morgan Stanley. Accordingly, UNC has one of the lowest Elite Boutique %s on our target school list, sending just 5% to these independent advisors.

Investment Banking 52

Investment Banking Banking Bank Investment 52

OfficeHours

JUNE 2, 2023

When it comes to investment banking, there are only so many investment banks that you can choose from.

Private Equity 147

Private Equity Equities Middle Market Funds 147

Peak Frameworks

OCTOBER 2, 2023

UMiami is the only school on our target school list to feature no elite boutique hires. 100% of UMiami's placements are at bulge bracket firms, with Citi, Bank of America, and J.P. UMiami is home to the Herbert Business School , which offers both graduate and undergraduate programs. Morgan hiring the most from them.

Investment Banking 52

Investment Banking Banking Bank Investment 52

Peak Frameworks

SEPTEMBER 27, 2023

BC sends the vast majority of its investment banking hires into bulge bracket firms, with a sizable number going to Citi. We note that BC has very limited presence at the elite boutiques, with only 10% of investment banking placements into these firms.

Investment Banking 52

Investment Banking Banking Bank Investment 52

Peak Frameworks

SEPTEMBER 27, 2023

We also note that the vast majority (94%) of investment banking hires are into bulge brackets. Wake Forest has virtually no presence at elite boutiques. We note that Wake Forest sends a disproportionate amount of hires into Bank of America (28%) and J.P. Morgan (19%).

Investment Banking 52

Investment Banking Banking Bank Investment 52

Peak Frameworks

JULY 11, 2023

Georgetown University has an impressive presence across Wall Street's top investment banks and has a particularly strong concentration at bulge brackets. Georgetown mostly places into the Bulge Bracket banks with a weaker percentage than most in the Elite Boutiques.

Investment Banking 40

Investment Banking Bulge Bracket Banking Bank 40

Peak Frameworks

OCTOBER 4, 2023

WashU sends a good number of students to the bulge bracket firms each year. Morgan , though has relatively weak elite boutique placement. WashU is ranked #37 on our investment banking target school list , earning itself a designation as a lower semi-target school.

Investment Banking 52

Investment Banking Banking Bank Investment 52

Peak Frameworks

SEPTEMBER 27, 2023

Morgan and Barclays and sends 91% of hires into bulge brackets. Accordingly, Middlebury has very little representation at the elite boutique firms. Middlebury also has a great Undergrad % Placement figure of 1.19%, good enough for #14 on our list. We note that Middlebury sends the largest number of hires to J.P.

Investment Banking 52

Investment Banking Banking Bank Investment 52

Peak Frameworks

SEPTEMBER 11, 2023

Penn State sends the vast majority (96%) of its investment banking hires to bulge brackets. Similarly, Penn State has very minimal presence at the Elite Boutiques (just 4% of hires). Similar to other public schools, Penn State's large student body holds back its ranking on this metric.

Investment Banking 52

Investment Banking Banking Bank Investment 52

Peak Frameworks

AUGUST 29, 2023

We also note that Duke sends the vast majority of its hires to the Bulge Bracket firms, with a large proportion of hires going to J.P. Duke sends only 12% to Elite Boutiques and has no presence at many of the top elite boutiques. This results from Duke's small student population. Morgan and Bank of America.

Investment Banking 52

Investment Banking Banking Bank Investment 52

Mergers and Inquisitions

JULY 17, 2024

based bulge brackets (GS, MS, JPM, Citi, and BofA) are the strongest international banks, and Avendus, Kotak, JM Financial, ICICI, and Axis are the strongest domestic firms. Among the bulge brackets, the U.S.-based based firms (GS, MS, Citi, JPM, and BofA) tend to perform best. or Europe and recruiting there.

Investment Banking 59

Investment Banking Banking Bank Investment 59

Peak Frameworks

SEPTEMBER 28, 2023

This results from Wiliams' strong history with the top bulge brackets like Goldman Sachs, J.P. In contrast, we note that Williams has virtually no presence at the elite boutiques (our data revealed only 1 hire at Allen & Co. Morgan, and Morgan Stanley. since 2008).

Investment Banking 52

Investment Banking Banking Bank Investment 52

Mergers and Inquisitions

DECEMBER 4, 2024

Among the bulge brackets , Goldman Sachs and JP Morgan should be at the top of this list now that they have dedicated teams (plus their existing reputations and market shares). Outside the bulge brackets, many elite boutiques also advise on sports deals: PJT, Moelis, Evercore, and Rothschild (more so in Europe) are all examples.

Investment Banking 105

Investment Banking Banking Bank Investment 105

Mergers and Inquisitions

AUGUST 16, 2023

Investment Banking Experience at Bulge Bracket or Top Domestic Banks – As with PE anywhere, you need a few years of IB experience to be competitive in most cases. Working at the bulge brackets or elite boutiques is better for international funds, while IB experience at the top Chinese banks (CICC, CITIC, Huatai, Haitong, etc.)

Private Equity 94

Private Equity Equities Recruitment Funds 94

Mergers and Inquisitions

JANUARY 10, 2024

The Top Firms in Wealth Management vs. Investment Banking Most people would say the top investment banks are the bulge brackets and elite boutiques , at least for entry-level roles. It’s usually a 50-hour-per-week job , which is significantly better than the 60, 70, or 80+ hours required in IB.

Investment Banking 59

Investment Banking Management Banking Bank 59

Mergers and Inquisitions

MARCH 22, 2023

First, Credit Suisse is obviously no longer a bulge bracket bank , so I’ll have to update that article. Before this deal, I had expected that “CS First Boston” would become another elite boutique and a strong competitor to the likes of Evercore, Lazard, and Moelis. Klein & Co. banks (GS, MS, JPM, BofA, and Citi).

Banking 98

Banking Bank Government Investment Banking 98

Mergers and Inquisitions

APRIL 24, 2024

We’ll return to this point later, but in finance, it’s more common to do a pre-MBA internship at a small VC/PE firm or boutique bank rather than a bulge bracket bank. And for boutique banks , find firms that advise on deals worth less than $100 million.

IT 59

IT Investment Banking Recruitment Finance 59

How2Exit

MAY 23, 2023

Richard grew up in the suburbs of New York City and went to college, later working for a boutique investment bank. He then worked for what are called bulge bracket investment banks, mostly in the capital market space. After four years, in 1990, the economy was slow and the deal flow was slow.

Capital 130

Capital Investors Business Investment 130

Mergers and Inquisitions

JULY 12, 2023

This startup claims that its service can boost Analyst productivity by 30% and generate millions in extra fees for the average bank, and it plans to sell it to boutique banks for $2,000 per month. PitchBookGPT could target large banks ( the bulge brackets ) instead, as they are more willing to pay for training and productivity tools.

Capital 52

Capital Valuation Boutique Banking 52

Mergers and Inquisitions

OCTOBER 18, 2023

On the other hand, I do not recommend capital markets over something like a private equity mega-fund offer , even if the capital markets offer is at a bulge bracket. If it’s a 5-person regional boutique , take the BB capital markets offer. But if it’s one of the top few middle-market banks (e.g., Jefferies, Lincoln, etc.),

Investment Banking 59

Investment Banking Capital Market Recruitment Capital 59

Mergers and Inquisitions

JUNE 5, 2024

The skill sets and cultures are too different, and it will be tough even if you aim to move from a bulge bracket wealth management team to a regional boutique investment banking team. I have covered finance careers for ~20 years, and I can think of exactly one person who has made this move directly.

Investment Banking 59

Investment Banking Management Banking Bank 59

Mergers and Inquisitions

AUGUST 23, 2023

All the large investment banks – bulge brackets , elite boutiques , and middle-market firms – use internships as a recruiting tool for Analysts and Associates. No Return Offer” Policy – Some boutique banks hire interns but never plan to bring them back full-time.

Investment Banking 52

Investment Banking Banking Bank Investment 52

Mergers and Inquisitions

DECEMBER 20, 2023

Admittedly, not all banks did this, and many bulge bracket firms will start in the normal time frame of January – March. Internships at regional boutique banks. Smaller firms tend to be a bit slower, so you could find some middle-market and boutique openings, even if the bigger banks are done. Wealth management.

Investment Banking 105

Investment Banking Banking Bank Investment 105

Mergers and Inquisitions

JUNE 21, 2023

bulge-bracket banks , such as JPM, GS, MS, and Citi, always rank well in the league tables. The other bulge brackets (BofA, Barclays, UBS, and DB) tend to rank lower, but this varies each year. Finally, there are MENA-based boutique investment banks , such as Alpen, Arqaam, Awad, deNovo, EFG Hermes, SHUAA, and Swicorp.

Investment Banking 105

Investment Banking Banking Bank Investment 105

Mergers and Inquisitions

MAY 10, 2023

The basic difference is that the international bulge bracket banks tend to be stronger in M&A advisory and weaker in equity and debt capital markets. Among the elite boutiques , Evercore has the strongest presence in Singapore, and Rothschild also works on many deals, mostly in the middle-market space.

Investment Banking 105

Investment Banking Banking Bank Investment 105

Mergers and Inquisitions

MARCH 27, 2024

All the bulge bracket banks in the U.K. run them, but so do many elite boutiques (Lazard, Evercore, PJT, etc.), By contrast, you could ignore spring weeks, do student activities and clubs, and network a bit to win a summer internship at a boutique PE/VC/other firm. Which Banks Offer Spring Weeks?

Investment Banking 105

Investment Banking Banking Bank Investment 105

Peak Frameworks

JANUARY 15, 2024

Additionally, compared to other Canadian Semi-Targets, York sends relatively more students into bulge brackets and elite boutiques. Over 1/5 of York investment banking graduates are hired by bulge brackets and elite boutiques.

Investment Banking 52

Investment Banking Bulge Bracket Banking Bank 52

Mergers and Inquisitions

SEPTEMBER 6, 2023

This filing isn’t required for small deals, such as $20 million acqui-hires , but it’s part of the process for almost all M&A deals that bulge bracket and elite boutique banks advise on. In the U.S., Up until now, the HSR filing has mostly been a formality.

Private Equity 105

Private Equity Equities Finance Finance 105

Mergers and Inquisitions

DECEMBER 18, 2024

For example, you dont need to work at a bulge bracket or elite boutique bank to participate; you could work at a smaller bank, in management consulting, or another finance-related field (Big 4, corporate development, valuation, etc.).

Private Equity 90

Private Equity Recruitment Equities Middle Market 90

Mergers and Inquisitions

SEPTEMBER 11, 2024

Among the elite boutiques , Evercore and Lazard have traditionally been strong, but Moelis and Guggenheim also have significant deal flow. There are also quite a few boutique banks in the space, including Marathon Capital, Onpeak Capital, CRC-IB, Finergreen, Virentis, Ocean Park, Global Power Partners, and Rubicon Capital.

Investment Banking 59

Investment Banking Banking Bank Investment 59

Peak Frameworks

JANUARY 15, 2024

UBC sends a strong number of graduates into bulge brackets and elite boutiques, with over 1/3 of hires going into these firms. PMF students consistently place into the top U.S. buyside jobs (e.g., Apollo and KKR) and overall have some of the best placement in North America.

Investment Banking 52

Investment Banking Banking Bank Investment 52

Peak Frameworks

JANUARY 15, 2024

UofT has weaker placement to most bulge brackets and elite boutiques when compared to other top Canadian schools. However, we note that UofT has weaker representation at the most elite investment banks, sending only 5% of its placements to firms like Goldman Sachs or Morgan Stanley.

Investment Banking 52

Investment Banking Banking Bank Investment 52