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.