Overview
Introduction
Evercore is one of the world’s top mergers and acquisition and restructuring advisors. It regularly works on massive high-profile investment banking deals for clients such as GE, Blackstone, and Chevron. The firm offers phenomenal training and senior-banker exposure to interns and junior bankers. And it's very focused on creating an inclusive culture. It has active and effective networking groups for women, LGBTQ+ individuals, traditionally underrepresented minorities, and veterans.
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Vault Verdict
Evercore is a prestigious independent investment banking advisory firm that’s ideally looking for well-rounded, professional, intellectual, team-oriented, hardworking, personal candidates. For students, the firm runs a very rewarding internship program. Interns have access to high-quality live deals, excellent training, and senior bankers who are willing to help. Hours can be long for interns, but the experience is top-notch. For its full-time junior bankers, Evercore offers numerous career development opportunities, including best-in-class informal and formal training, valuable mentoring, an apprenticeship culture where seniors take an active interest in developing juniors, significant responsibility on live transactions, and the ability to move to other groups and areas within t...
About the Company
Founded in 1995 by Blackstone and U.S. Treasury veteran Roger Altman, independent investment banking advisory firm Evercore went public in August 2006 with an $83 million initial public offering. Since then, the firm has grown into an elite independent investment banking advisory firm, employing more than 2,200 people and serving clients around the world from its numerous offices in Americas, Europe, the Middle East, and Asia.
The firm’s investment banking business advises clients on mergers, acquisitions, divestitures, restructurings, financings, public offerings, private placements, and other strategic transactions. It also provides institutional investors with equity research and sales and trading execution.
To date, the firm has advised on more than $4 trillion of merger, acquisition, recapitalization, and restructur...
Employee Reviews
“Senior management and senior bankers really care about the people here and try to be as accommodating and flexible as possible to ensure that people do get time off. But because of the tremendous amount of deal flow we have, it can be difficult at times for junior and mid-level bankers to have much control over their lives.”
“The firm’s employees don’t engage in as much busy work as you find at other banks. There’s still a lot of work to get done, but that’s the tradeoff in investment banking. Still, if you accept that tradeoff, Evercore is the best bank to be at in terms of respecting your free time without unnecessarily jamming you. Everyone is very reasonable in their requests and understands there’s lots of work going on. If you have to work hard here, it’s 100 percent because of client work, and not because of busy work or bad leadership.”
“No face time, very little weekend work (if any), and people are respectful of your time off. But when you’re not on vacation, you have to be available anytime.”
“Flat culture, Friday work from home, and Saturdays are protected. Everyone is respectful and genuine in all facets. Sure, there are bad apples everywhere, but Evercore seems to have the fewest. Additionally, there’s a spirit of integrity that is pervasive—it's better to do things right than to do them easy. If you’re struggling or need help, you can ask anyone, anytime, without judgement. I couldn’t imagine working anywhere else.”
Getting Hired Here
“The firm’s interview process is thorough and efficient. Interviewers try to call back candidates as soon as the interview rounds are completed to remain competitive during a candidate’s process. The ideal candidate is someone interested in growing and learning within the role and is a team-oriented person, as much of the work/culture is collaborative.”
“The firm provides many opportunities for candidates to get to know teams through networking events, informational interviews, etc., before extending first-round interviews. The firm is seeking candidates who match the culture of the firm and are intellectual, excellent, and hardworking individuals, and are not egotistical or arrogant.”
“The firm aims to focus on quality of candidates not eagerness of networking, only requiring two coffee chats before interviews and not judging candidates by whether they say, ‘This is my first-choice firm.’ The ideal candidate is a very hard worker who is nice and also a normal person, with hobbies and passion outside of work.”
"On-campus recruiting events, then one to two coffee chats, then interviews, then a Superday. The firm is seeking people who are culture carriers, who are professional, cordial, and pleasant to be around, and who show potential to somehow someway become a partner one day (should they choose to go down that path).”
Perks & Benefits