About Us
PJT Partners is a premier, advisory-focused investment bank built from the ground up to be different. Founded in 2015 by Paul J. Taubman — following a 30-year career at Morgan Stanley — PJT was spun out of Blackstone's financial and strategic advisory divisions and has rapidly established itself as one of the most respected names in independent advisory banking.
With offices across North America, Europe, and the Middle East, PJT Partners advises on M&A, restructuring, shareholder activism defense, and private capital raising. The firm has advised on over $600 billion in M&A transactions, including landmark deals like AbbVie's $63 billion acquisition of Allergan and T-Mobile's $59 billion merger with Sprint.
PJT's Three Business Lines
Strategic Advisory — M&A advisory, shareholder activism and defense, and CEO advisory services to boards of major corporations and financial sponsors. This is PJT's flagship practice and a primary reason the firm punches above its weight on the most consequential transactions.
Restructuring & Special Situations — PJT has been ranked #1 in global restructuring league tables and was named IFR's Restructuring Adviser of the Year for four consecutive years (2020–2023). One of the preeminent practices in liability management, complex balance sheet restructurings, and distressed M&A.
PJT Park Hill — Capital raising and placement services for alternative asset managers, including private equity, real estate, hedge fund, and infrastructure fund formations. One of the strongest fund advisory practices in the market.
Why PJT Attracts Elite Talent
PJT has a well-earned reputation for small team culture with large deal exposure. Analysts and associates here work directly with senior partners on high-profile transactions — unlike at bulge bracket banks where junior headcount dilutes individual contribution. The firm uses an AI-powered aptitude assessment (Suited) to evaluate candidates on traits beyond the resume, and rigorously selects for cultural alignment.
Analyst base salary is approximately $110,000–$125,000; associate base is approximately $175,000–$200,000, with total compensation reflecting the firm's strong deal volumes and fee levels.