Perella Weinberg Partners
NASDAQ:PWP

Watchlist Manager
Perella Weinberg Partners Logo
Perella Weinberg Partners
NASDAQ:PWP
Watchlist
Price: 18.41 USD 2.39% Market Closed
Market Cap: $1.7B

Perella Weinberg Partners
Investor Relations

Perella Weinberg Partners is an independent financial advisory firm. It helps companies, boards, and investors work through big transactions and difficult decisions, such as mergers and acquisitions, restructurings, and raising capital. It also advises on strategy, shareholder matters, and other sensitive corporate events where clients want a trusted outside deal adviser rather than a large universal bank. The company makes money mainly from advisory fees paid by clients when it works on a transaction or project. It also has an asset management business that raises money from outside investors and earns management fees, and in some cases performance-based fees, for running that capital. Its customers are mostly public and private companies, private equity sponsors, and institutional investors. What makes its business different is that it sits on the independent side of Wall Street. It does not rely on lending or trading the way big banks do, and it is known for offering senior-level advice focused on complex, often high-stakes situations. That gives it a niche role as a specialist adviser in the deal and restructuring market.

Show more
Loading...
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q1 2026
Call Date
May 1, 2026
AI Summary
Q1 2026

Revenue: Perella Weinberg reported first-quarter revenue of $149 million, down 30% from last year’s record first quarter. Management said the result did not reflect the current strength of client activity and that timing, not demand, is the main issue.

Pipeline: Announced and pending backlog was at a 2-year quarterly high, while client engagement and the overall pipeline were also said to be up. Management expects revenue to be meaningfully back half weighted in 2026.

Margins: Adjusted compensation margin was 79% of revenue, above the firm’s intended 67% target, but management said it should moderate as revenue builds and move back toward historical levels by year-end.

Costs: Adjusted non-compensation expense was $37 million, down 24% year over year. The firm reiterated its expectation for a single-digit percentage decline in full-year non-comp expense versus 2025.

Strategy: The Gleacher Shacklock acquisition was framed as a major step in expanding the U.K. and European advisory franchise, adding five partners and broadening the firm’s platform across regions and products.

Market tone: Management described M&A as active but concentrated in mega-cap deals, with longer timelines to win mandates, announce transactions, and close them. Sponsor activity was steady, while restructuring remained active and software activity was expected to pick up over time.

Key Financials
Revenue
$149 million
Adjusted compensation margin
79%
Adjusted non-compensation expense
$37 million
Cash
$78 million
Debt
no debt
Shares of Class A common stock outstanding
71 million
Partnership units outstanding
22 million
Capital returned to equity holders
nearly $64 million
Quarterly dividend
$0.07 per share
Backlog
2-year quarterly high
Announced and pending backlog
8-quarter high
Energy transactions announced
eight
Energy transactions above $1 billion
three
Earnings Call Recording
Other Earnings Calls

Management

Mr. Peter Amory Weinberg
Co-Founder, Founding Partner & Chairman
No Bio Available
Mr. Andrew Bednar J.D.
CEO, Partner of New York & Director
No Bio Available
Mr. Dietrich Becker
Partner of London, President & Director
No Bio Available
Ms. Taylor Reinhardt
Executive Director & Head of Investor Relations
No Bio Available
Mr. Titus W. Leung J.D.
Partner for Advisory Business - New York
No Bio Available
Mr. Michael Grace
Partner of Advisory - New York
No Bio Available
Ms. Susan Roddy
Partner in Advisory Business & Co-Head of Consumer and Retail practice
No Bio Available
Mr. Sam Alnouri
Managing Director of New York
No Bio Available
Ms. Michele Abrams
Executive Director of Firm Administration
No Bio Available

Contacts

Address
NEW YORK
New York City
767 Fifth Avenue, Fifth Avenu
Contacts
+12122873200.0
pwpartners.com
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett