Financial Performance - Q3 2025 Revenue was $164.6 million, a decrease of 41% compared to $278.2 million in Q3 2024[41] - YTD 2025 Revenue reached $531.7 million, down 18% from $652.4 million in YTD 2024[41] - LTM Q3 2025 Revenue totaled $757 million, a 12% decrease year-over-year[27] - Q3 2025 Pre-Tax Income was $20 million, compared to $51.6 million in Q3 2024[27, 42] - YTD 2025 Pre-Tax Income was $53 million, compared to $96.7 million in YTD 2024[27, 42] - Q3 2025 Earnings per Share (EPS) was $0.13[27] Capital Management - The company had $186 million in cash with no debt as of September 30, 2025[27] - Approximately $690 million has been returned to equity holders[35] - 6.4 million shares equivalents were retired YTD 2025, at an average price of $21.66[36] Business Overview - The firm has 76 advisory partners globally[12, 18] - The firm has approximately 700 employees[12] - Partners and employees own > 30% of the firm[32]

Financial Overview - For Q3 2025, revenues were $164.6 million, a decrease of 41% from $278.2 million in Q3 2024, primarily due to fewer M&A closings [4][6] - For the nine months ended September 30, 2025, revenues totaled $531.7 million, down 18% from $652.4 million in the same period of 2024 [4][6] Expenses - Total GAAP compensation and benefits for Q3 2025 were $116.3 million, compared to $202.3 million in Q3 2024, reflecting lower bonus accruals due to decreased revenues [5][8] - For the nine months ended September 30, 2025, total GAAP compensation and benefits were $373.9 million, down from $628.2 million in the prior year, influenced by a one-time accelerated vesting in 2024 [10] - GAAP non-compensation expenses for Q3 2025 were $39.4 million, slightly down from $40.0 million in Q3 2024, driven by lower general and administrative expenses [9] Income and Earnings - Adjusted pre-tax income for Q3 2025 was $20 million, with GAAP pre-tax income at $12 million [6] - Adjusted EPS for Q3 2025 was $0.13, while GAAP diluted EPS was $0.08 [6] - For the nine months ended September 30, 2025, adjusted pre-tax income was $53 million, with GAAP pre-tax income at $30 million [6] Talent Investment - The company added 25 senior bankers and closed the acquisition of Devon Park Advisors, indicating a strategic investment in talent to enhance advisory capabilities [2] Capital Management - As of September 30, 2025, the company had $186 million in cash and no debt, with a strong balance sheet [6][15] - The company returned over $157 million to equity holders through share repurchases and dividends [16][17]

Core Viewpoint - Perella Weinberg Partners plans to release its financial results for Q3 2025 on November 7, 2025, before market opening [1] Group 1: Financial Results Announcement - The financial results for Q3 2025 will be released on November 7, 2025, before the market opens [1] - A conference call and webcast will be held on the same day at 9:00 AM ET to review the results [2] - The conference call will be accessible to the public via a listen-only webcast on the company's website [2] Group 2: Replay Information - A replay of the conference call will be available two hours after the live call until November 14, 2025 [2] - The replay can be accessed by dialing (800) 753-6121 for domestic calls or (402) 220-2676 for international calls [2] Group 3: Company Overview - Perella Weinberg is a leading global independent advisory firm providing strategic and financial advice to a diverse client base [3] - The firm serves corporations, financial sponsors, governments, and sovereign wealth funds [3] - Perella Weinberg has approximately 700 employees and maintains offices in major cities including New York, London, and San Francisco [3]

Core Insights - Perella Weinberg Partners has appointed Hanadi Al Hamoui as a Partner to enhance its Consumer & Retail capabilities and expand its geographic reach in EMEA [1][3] Company Overview - Perella Weinberg Partners is a leading global independent advisory firm that provides strategic and financial advice to a diverse client base, including corporations, financial sponsors, governments, and sovereign wealth funds [4] - The firm operates with approximately 700 employees and has offices in major cities including New York, London, Houston, Los Angeles, San Francisco, Paris, Chicago, Munich, Denver, Calgary, and Greenwich [4] Appointment Details - Hanadi Al Hamoui joins from Bank of America, where she was a Managing Director leading the Home & Personal Care practice in EMEA [2] - Her extensive experience includes advising leading consumer corporations and high-growth businesses, which will be crucial for advancing Perella Weinberg's global Consumer & Retail business [3]

Core Insights - Perella Weinberg Partners has strengthened its healthcare services and technology capabilities by appointing Barry Blake as a Partner [1][3] - Mr. Blake previously served as Global Co-Head of Investment Banking at Leerink Partners, where he co-led the healthcare investment banking strategy [2] - The firm emphasizes the importance of expert advice in the evolving healthcare landscape, driven by innovation, regulatory changes, and consolidation [3] Company Overview - Perella Weinberg is a leading global independent advisory firm providing strategic and financial advice to a diverse client base, including corporations, financial sponsors, governments, and sovereign wealth funds [4] - The firm operates with approximately 700 employees and has offices in major cities including New York, London, and San Francisco [4]

Core Insights - Perella Weinberg Partners has appointed David Wyles as a Partner, enhancing its European franchise and leadership in the UK and European markets [1][3] - Wyles brings 27 years of experience from Greenhill & Co., where he was instrumental in significant M&A and restructuring transactions in Europe [2][3] - The firm aims to leverage Wyles' strategic vision and relationships to capitalize on growth opportunities in the active UK market [3] Company Overview - Perella Weinberg Partners is a global independent advisory firm providing strategic and financial advice to a diverse client base, including corporations, financial sponsors, governments, and sovereign wealth funds [4] - The firm operates with approximately 700 employees and has offices in major cities including New York, London, and Paris [4]

Core Insights - Perella Weinberg Partners has strengthened its healthcare services capabilities by appointing Suraj Tolani as an Advisory Partner [1][3] - Mr. Tolani previously served as a Managing Director at J.P. Morgan, focusing on the healthcare services sector [2] - The CEO of Perella Weinberg, Andrew Bednar, emphasized Mr. Tolani's proven track record and deep understanding of the healthcare industry's evolving landscape [3] Company Overview - Perella Weinberg Partners is a leading global independent advisory firm that provides strategic and financial advice to a diverse client base, including corporations, financial sponsors, governments, and sovereign wealth funds [4] - The firm offers a wide range of advisory services across active industry sectors and global markets, employing approximately 700 individuals across various offices [4]

Group 1 - Perella Weinberg (NASDAQ: PWP) is a boutique advisory firm specializing in mergers & acquisitions (M&A), restructuring, capital markets, shareholder engagement, and private funds [1] - M&A is the primary revenue generator for PWP, complemented by a strong restructuring business that performs well relative to its size [1]

Group 1 - Perella Weinberg Partners announced the appointment of Mathijn Queis as an Advisory Partner to enhance its global software and European technology capabilities [1][3] - Mr. Queis brings a decade of experience from Evercore, where he was a Managing Director in the Technology Group focusing on European software companies [2] - The CEO of Perella Weinberg emphasized the importance of software in driving innovation and investment across various sectors, highlighting Mr. Queis's expertise and relationships as valuable assets for the firm [3] Group 2 - Perella Weinberg is a leading global independent advisory firm that provides strategic and financial advice to a diverse client base, including corporations and financial sponsors [4] - The firm operates with approximately 700 employees and has offices in major cities including New York, London, and San Francisco [4]

Core Insights - Perella Weinberg Partners (PWP) reported strong second quarter results, exceeding analyst estimates with non-GAAP EPS of $0.09 and GAAP revenue of $155.3 million, despite a significant year-on-year decline in revenue due to the absence of a large one-off transaction from the previous year [1][5][10] Financial Performance - Non-GAAP EPS for Q2 2025 was $0.09, surpassing the estimate of $0.05, while GAAP revenue was $155.3 million compared to an estimate of $140.7 million [2] - Year-on-year, non-GAAP EPS decreased by 79.1% from $0.43 in Q2 2024, and GAAP revenue fell by 42.9% from $272.0 million [2] - The operating margin (non-GAAP) dropped to 9.6% from 23.0% a year earlier, indicating tighter profitability [2][6] Business Model and Strategy - PWP operates as an independent advisor focusing on M&A, capital raising, and restructuring, emphasizing long-term client relationships and high-value strategic advice [3] - The firm is diversifying its advisory offerings and expanding into fast-growing segments like GP-led secondaries, while managing compensation costs and sustaining shareholder returns through buybacks and dividends [4][10] Recent Developments - PWP announced the acquisition of Devon Park Advisors, enhancing its advisory services for private fund sponsors and asset managers, with the deal expected to close in early Q4 [7] - The firm returned $145.2 million to equity holders through share buybacks and dividends in the first half of 2025, maintaining a quarterly dividend of $0.07 per share [8][9] Outlook - Management noted a robust start to Q3 2025 with improved client activity and a healthier deal environment, while the integration of Devon Park Advisors is anticipated to drive future revenue growth [10][11]