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The investment bank Moelis is preparing to go public and join already-public investment banks Evercore (NYSE:EVR), Greenhill (NYSE:GHL), and Lazard (NYSE:LAZ) on the public markets. Is this segment of the financial sector a good long-term bet?

In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson debate the merits of investing in stand-alone investment banks.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool owns shares of LAZARD Ltd.. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.