Moelis & Co. Reviews | Glassdoor

Moelis & Co. Reviews

Updated June 8, 2017
40 reviews

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3.0
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Ken Moelis
17 Ratings

40 Employee Reviews

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  1. "Good firm but long hours"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resource in New York, NY
    Former Employee - Human Resource in New York, NY
    Recommends
    Approves of CEO

    I worked at Moelis & Co. full-time (More than 5 years)

    Pros

    Great people, gained responsibilities early on

    Cons

    Very very long hours, lower bonus

    Advice to Management

    Hire more people to balance the workload


  2. "(Well paying) sweatshop"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Associate in New York, NY
    Former Employee - Investment Banking Associate in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Moelis & Co. full-time (More than a year)

    Pros

    - above avg. (mostly cash) compensation
    - consistent deal flow and good learning experience (especially for jr. bankers)
    - limited bureaucracy (no need for multiple internal committee meetings)

    Cons

    - some of the worst hours on the street and no attempts to address it; results in high turnover and a scramble for lateral talent every year
    - experience is largely dependent on who you work with and the range is enormous
    - limited brand awareness outside of IBD; not a great platform to exit unless you're an analyst

    Advice to Management

    Acknowledge the poor culture / hours relative to peers and announce SOME initiatve to address it (even if its just singaling)...or just pay more

  3. "Smart people in a sweatshop."

    Star Star Star Star Star
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Positive Outlook

    I worked at Moelis & Co. full-time (Less than a year)

    Pros

    You'll work with some really smart people.

    Cons

    The lifestyle here is brutal; you work long hours, with no seeming end in sight.

    Advice to Management

    Don't burn your people out.


  4. Helpful (3)

    "Stay Away"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in New York, NY
    Former Employee - Investment Banking Analyst in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Moelis & Co. full-time (More than a year)

    Pros

    Great experience that is much more hands on than other top tier banks.

    Cons

    They care little about your long term career goals. Even though they do not punish recruitment at other firms, the workload is so unbelievably high (even in comparison with other banks) that there is no time for anything other than Moelis.

    Advice to Management

    Stop burning out your employees and implement a few more quality of life programs / benefits


  5. "Hard work - Know you are signing up to work hard"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Will Work very hard. Will be in the midst of a dynamic environment. Will learn mmuch and will be prepared for any next steps in adjacent fields

    Cons

    Long hours, very hierarchical at the lower level


  6. Helpful (1)

    "Honest review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook

    I worked at Moelis & Co. full-time (More than 3 years)

    Pros

    Great location in Midtown and access to plenty of stores and eateries on Lexington Ave. Good access to trains and express buses. Good pay (but you have to prove you deserve it - they will verify pay from previous employers). Pizza Friday's in a small kitchen.

    Cons

    Cliquey staff and middle management blocks advancement. If they don't move up then you don't move up even if you deserve it. Bankers and execs don't mingle with the support staff they just stay in their wooden and glass offices. Admins think they run the show and are constantly fighting amongst themselves. They are supervised by a higher admin who they walk all over. Operations teams couldn't get it together if their life depended on it. Place looks and feels outdated in front and back of house. Wood throughout entire entrance space looks like an old school 80s law firm. Back areas looks like an insane alyssum/off white color only dingier. The IT systems are a joke and our inboxes were always hit with spam followed by "Do not open those emails" notices once or twice a week. It's an embarrassment that a company that wealthy can't get simple infrastructure issues addressed once and for all. the HR is like every other company that is run by sorority sisters. No work life balance for staff, not family friendly and when one banker jumped out a window, it was only a brief mention by the top brass. Nothing changed the culture and people are still expected to work like dogs through all hours of the night. Don't expect company picnics or company activities with the exception of a company Christmas party that is always stale since nobody mingles outside of their pay grade circle. Not friendly. No one even mingles at pizza friday they grab their food and go.

    Advice to Management

    Culture needs to be changed. Appreciate your staff. Pay them what they deserve and treat them right and you wouldn't lose good talent or have them jump out of windows. I left after that since it was a wake up call to staff. Stop the beauracacy. You can't act big business but be cheap like a start up. And throw some paint on the walls. A little color would raise spirits. Offer middle management addition training on how to be better managers. Most of them were only promoted due to length of years in service. The saying goes they corporations lose talent not because of the job but because of their managers.


  7. Helpful (9)

    "Place is good, but can be much much better"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Analyst in New York, NY
    Current Employee - Investment Banking Analyst in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Moelis & Co. (Less than a year)

    Pros

    Strong deal flow,responsibility, compensation and generalist structure. Savvy senior members who are hungry. Positive macro trend with more business shifting to boutiques if the firm can retain people once lockups expire.

    Cons

    A select handful of VPs and MDs at Moelis just ruin it for everyone. The firm minus those individuals (mid-level and senior especially in media, healthcare and some others which maybe I'll hint at another time) as well as some terribly pathetic associates make what could be a decent experience, horrible. It's why the only reason (and i stress 'only' very seriously) junior folks (including associates, yes you read right) join solely so they can get a brand name on their resume and recruit right away. Many many associates and VPs are currently recruiting at funds and other banks. And if comp ever lost its premium over other places, Moelis would lose all its top talent to other places as well as hiring power for future years.

    Advice to Management

    Seriously think about your people - not just juniors but also the seniors who can very easily leave if they realize whats happening at junior levels. This is a culture where people openly hate working here and it isn't one or two people complaining - it's a generally accepted thing across a whole gamut of people as well as past classes. There's a small group of people at the VP / MD level who are just grueling to work for and ruin it for everyone. They've survived one very bad incident in 2015...another one and no amount of PR will be able to cover up problems with working here. The wellness seminars and nicely worded emails won't change the fact that some VPs and MDs behave terribly and create work and un-required timelines that eventually push people off the edge. Why do you think we probably have the hardest time on Wall Street in hiring women associates at the firm (and some of the ones we do take...let's not even go there). People matter...you will need to take this seriously otherwise this place won't last too long.

  8. "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Analyst in New York, NY
    Current Employee - Investment Banking Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great Learning experience, Great Pay, Great Benefits

    Cons

    Lifestyle and unrealistic expectations due to lack of communication

    Advice to Management

    Create more opportunities for junior employees to not feel like just a number


  9. Helpful (3)

    "Tough hours, even for banking"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in New York, NY
    Former Employee - Investment Banking Analyst in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Moelis & Co. full-time (Less than a year)

    Pros

    Generalist experience exposes you to staffings on multiple industries and products. No shortage of modeling experience.

    Cons

    Hours were brutal. Get caught with the wrong team and you will consistently work until 2-3 every day for weeks at a time. May be better now as they have since hired lots of additional analysts.

    Lots of pitching - few of the senior bankers are any good at using analyst / associate resources efficiently... Problem with there being many analysts now means that you are less likely to get exposure to good deals as there are not always lots to go around.


  10. "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great culture, Street-leading compensation, great deal flow

    Cons

    Long hours and less work/life balance policies than elsewhere on the Street


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