PJT Partners Deck
What does PJT's 'advice-only' model mean concretely, and what are the honest tradeoffs versus a balance-sheet bank?
Model answer
Concretely: PJT earns fees for advice — M&A, restructuring, shareholder matters, fund placement — and does not lend to clients, hold trading inventory, or commit capital, so its recommendations…
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More from PJT Partners Deck
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