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Perella Weinberg Partners
PWPFinancial ServicesNASDAQUS
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Financial advisory firm Perella Weinberg Partners said on Wednesday it would lay off about 10% of its employees, including 12 partners, as part of a strategic reallocation of resources, a source familiar with the matter told Reuters.
Specializing in financial advisory services, this independent investment bank reported a significant insider sale in its latest SEC filing.
Perella Weinberg Partners provides strategic and financial advisory services to a broad client base across multiple industries.
Perella Weinberg Partners (PWP) Q1 2026 Earnings Call Transcript
Financial Overview Revenues of $149 Million, Down 30% from a Record First Quarter a Year Ago GAAP Pre-Tax Loss of $(11) Million, Adjusted Pre-Tax Loss of $(3) Million GAAP Diluted EPS of $0.02, Adjusted EPS of $0.05 Talent Investment Year-To-Date Added Two Partners and Eleven Managing Directors with an Additional MD to Join Gleacher Shacklock Acquisition to Add an Additional Five Partners and Three Managing Directors Capital Management Strong Balance Sheet with $78 Million of Cash and No Debt Retired More Than Two Million Shares and Share Equivalents through Net Settlement Returned $64 Million in Aggregate to Equity Holders Declared Quarterly Dividend of $0.07 Per Share “We continue to see momentum across our business – client dialogue remains exceptionally strong and our announced and pending backlog is at a two-year quarterly high. Our acquisition of Gleacher Shacklock adds meaningful presence in the UK – Europe's largest advisory market – and alongside our senior talent additions and the integration of Devon Park, we are more scaled and diversified geographically and by industry and product than at any point in our history.
NEW YORK, April 20, 2026 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (NASDAQ:PWP), a leading global independent advisory firm, today announced that it plans to release its financial results for the first quarter 2026 on Friday, May 1, 2026, before the market opens.
