Overview
Introduction
Centerview is one of Wall Street's most highly respected M&A advisory firms. It's known for working on high-profile deals for clients like CBS, CVS Health, and Time Warner. Centerview is also known for compensating its people very well. Salaries and bonuses are top-notch, medical benefits are excellent, and it offers many other perks like free breakfast and lunch and large dinner stipends. Recently, the firm has made a huge push to improve its diversity recruiting efforts.
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Vault Verdict
A very prestigious investment banking boutique, Centerview is looking for well-rounded, driven, intellectually curious, creative thinkers with excellent communication and interpersonal skills and a strong interest in finance. For students, the firm runs an extremely valuable internship program. Interns have access to live deal experience, in-house training, informal and formal mentoring, networking events, and the ability to work alongside MDs and partners. For its full-time junior bankers, Centerview offers extensive learning and growth opportunities, including a high level of responsibility on live transactions, very helpful formal training led by bankers within the firm, firmwide webinars, lunch-and-learn sessions with senior bankers, informal and formal mentorship opportunitie...
About the Company
In 2006, UBS Vice Chairman Blair Effron had dinner with his friend Robert Pruzan, a veteran investment banker and former CEO of Wasserstein Perella. The two men decided to capitalize on the lucrative M&A boom by going into business together, opening a boutique they dubbed Centerview Partners—the name came from the view at their new office on the 19th floor of Rockefeller Center. The firm has since moved to larger offices in New York; it also has offices in London, Menlo Park, Paris and San Francisco. And today, that firm’s clients include 20 percent of the 50 largest companies in the world.
At Centerview, there are just two lines of business: M&A advisory and restructuring/capital advisory, with both businesses addressing strategic, financial, and operational issues for its clients. (An affiliated capital group...
Employee Reviews
“People at Centerview care about maintaining a work/life balance. I’ve been pleasantly surprised with my quality of life here. As long as I communicate, I can usually make important plans. Managers do a great job letting their junior teams have free time. Additionally, there are great perks to the job, and I enjoy being in the office since the people are great. The nature of the job is of course long and unpredictable hours, so it can be hard at times, but that’s central to a client-facing job, and the culture and perks offset the negatives.”
“Rather than build out specific policies, Centerview rewards bankers who genuinely care about their teams. The hours can be long, the deadlines tight, and schedules get blown up—but you know your team always has your back. And once the crisis is past, staffing and senior leadership work diligently to make sure you get a break to recover. Our people know they will be listened to and taken seriously if they need a break—from the founders on down, the firm wants to foster an environment where people can see themselves staying for a long time.”
“I think Centerview makes banking as livable as possible. There are still times where it can be difficult, but that’s the nature of the industry and most of that discomfort comes from a client, not internally. Overall, I’d say the quality of life here is quite good. Very generous dinner stipend and good food/snack options plus a gym in the office makes it easier to stay healthy.”
“You work hard, as with all positions within the industry, but you are rewarded with interesting, thought-provoking work in the most complicated situations. Centerview is on the forefront of industry-defining transactions across both M&A and restructuring. People genuinely care about your well-being and development, in and outside of the office.”
Getting Hired Here
“First rounds generally led by campus teams and consist of one behavioral and one technical interview (one hour total). If selected for the Super Day, candidates will come to NYC for a dinner and a few hours of interviews the next morning (five interviews, two-on-ones, different themes to each). Callbacks are quick—within 24-48 hours.”
“Interview process is very people-driven, no digital aspect whatsoever. Candidates meet a very high number of the employees during the process so everyone has a view on each candidate and a consensus is made. The ideal candidate is highly intelligent and very focused and driven to be working in M&A and at Centerview in particular. Also important are having exceptional interpersonal skills and being well balanced (what you spend time doing outside of academics).”
“Two words: energetic curiosity. If you are someone who is driven to learn and solve complex problems, Centerview is the right place for you. An interest in finance is important but is frankly secondary to a well-rounded thinker and communicator. An openness to a longer experience at the firm than a typical two years to PE is helpful as well.”
“I think the ideal Centerview candidate is someone who is thoughtful about the world and the way things work and has a genuine material interest in trying to understand the why behind everything they do and look at. I think this is unusual in the banking world where banks tend to prioritize just pure technicals and memorization rather than an ability to actually think through something.”