Overview
Introduction
Perella Weinberg is a prestigious independent investment banking that works on high-profile deals for clients like PayPal, Kraft Heinz, and T-Mobile. Its interns get an incredible amount of responsibility and hands-on experience, working on live deals with senior bankers and clients. The firm is committed to diversity, and has extensive D&I training programs.
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Firsthand Findings
Perella Weinberg Partners is looking for intelligent, motivated, hardworking candidates to join its team. The firm’s interns receive hands-on experience and exposure to all levels of bankers and senior leadership. PWP’s full-time junior professionals get a lot of live deal experience and significant client contact. The firm has a culture of mentorship and feedback, and juniors have the opportunity to take on a lot of responsibility. In addition, there are clear promotion paths, many beneficial internal trainings, and the opportunity to rotate among the firm’s business units.
Although hours can be tough at times, a healthy work/life balance can be achieved. Recently, the firm put into place several initiatives to improve work/life balance, and senior professionals...
About the Company
Founded in June 2006, Perella Weinberg Partners advises clients on mergers and acquisitions, growth capital and capital markets, restructuring and liability management, shareholder engagement, and on other strategic and financial transactions.
Perella Weinberg Partners’ launch in 2006 was one of the most closely watched debuts in banking history, and in 2021, the firm went public via a merger with FinTech Acquisition Corporation IV, a Nasdaq-listed SPAC sponsored by Cohen & Company. Today, the firm has approximately 600 employees, who work out of the New York headquarters, as well as offices in Calgary, Chicago, Denver, Houston, London, Los Angeles, Munich, Paris, and San Francisco. Founding partner Joseph Perella made his name as a pioneer dealmaker at First Boston in the 1980s, then left to create Wasserstein, Perella &am...
Employee Reviews
“There have been multiple improvements over the past few years that appear to improve work/life balance for juniors (and are reasonable enough from a senior perspective that they actually happen). However, this can differ by group, with limited connectivity between groups (something that has gotten more distinct over the past few years).”
“The hours can be tough at times, but they average out to be pretty good for banking. The people here are all very intelligent and work hard. We probably have room for more company-wide social events, but things are starting to come back now that Covid has settled down.”
“You don’t get tasked with unnecessary, low-value-add work late at night or on weekends, which shows a high degree of respect for junior bankers’ time. Vacations can be respected but often lead to missed opportunities to work on more interesting and engaging client assignments.”
“They implemented an initiative where juniors have to take five days off every six months of the year. It is good to formally encourage juniors to take vacation, but hours are sometimes still brutal and pretty unevenly distributed.”
Getting Hired Here
“Looking for smart, motivated candidates with a good work ethic.”
“We’re ideally looking for well-prepared, passionate individuals with a demonstrated interest in the type of work we do. The callback process is swift, and we typically extend offers the same day as final interviews.”
“We generally look for good mix of personality, drive, and overall fit, along with the experience and brainpower to do the job, while opening the scope of potential candidates wide enough to ensure we have a diverse environment.”
“Very selective recruiting. Sometimes I can't believe the quality of candidates we are turning away."
