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Houlihan Lokey Overview

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www.hl.com
Los Angeles, CA
501 to 1000 employees
1972
Company - Public (HLI)
Finance
$500 million to $1 billion (USD) per year
Lazard, Morgan Stanley, Greenhill & Co.
International investment bank Houlihan Lokey soldiers on for mergers on the economic front. The firm provides advisory services for primarily mid-market companies involved in M&A deals and corporate restructurings, including the sale of distressed assets and ... Read more

Houlihan Lokey Reviews

3.4
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Houlihan Lokey Co-CEO Scott Beiser
Scott Beiser
38 Ratings
  • "Investment Banking Analyst - Los Angeles"

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    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in Los Angeles, CA
    Former Employee - Investment Banking Analyst in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Houlihan Lokey full-time (More than a year)

    Pros

    Tremendous exposure to clients at the analyst level
    Hands-on, soup-to-nuts experience means a lot of work but also translates to significant learning experiences
    Compensation was at street for top performers. Considering typical work week, compensation/lifestyle mix was great
    Lots of responsibility and real trust from senior bankers
    Great team environment. Trademark banking attitudes largely nonexistant in the office
    Group culture in my specific group (Business Services/TMT/A&D) was great
    Seniors genuinely cared about your personal life, tried to accommodate life events as best as possible

    Cons

    Reputation not as favorable as one would hope
    Depending on group, openness to buyside recruiting can be a crap shoot
    Lower middle-market nature of clients can translate to a significant volume of work
    High volume of deals coming through with limited resources a recipe for sleep deprivation
    Low thresholds for bringing in clients. Can translate to analysts working 4-5 hours a day on low-probability deals where the return profile is marginal and often negative
    Retention of non-revenue producing Directors is too high. Some directors in group have brought in $0 in revenue yet remain on the books and take on hail-mary clients that rarely produce revenue

    Advice to Management

    Do a better job at screening deals. Any deal is not better than no deals
    Continue giving junior bankers career clarity
    Make sure that analysts looking to move to the buyside are given ample opportunity to recruit. Some MDs will treat analysts differently when they are aware the analyst wants to move to the buyside. In banking, this is inexcusable.
    Overall however, Houlihan Lokey is a great place to start a career in banking. Good job, management.

See All 118 Reviews

Houlihan Lokey Interviews

Experience

Experience
58%
31%
10%

Getting an Interview

Getting an Interview
65%
13%
13%
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1

Difficulty

3.5
Average

Difficulty

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  1.  

    Accepted Offer
    Neutral Experience
    Average Interview

    Application

    The process took 4 weeks. I interviewed at Houlihan Lokey.

    Interview

    I had two calls both of which were behavioral interviews with one technical question. They wanted to get to know me better and wanted to see what my long-term goal was.

    Interview Questions

    • walk me through your resume. How do you value two companies have the exact same P/L statement?   1 Answer
See All 109 Interviews

Houlihan Lokey Awards & Accolades

  • Investment Banking Firm of the Year, M&A Advisor, 2011
  • EMEA Restructuring Adviser of the Year, International Financing Review, 2011

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