Few months back heard pay was under market. The associate I connected with said he was underpaid and was in a sweat shop. He also said it’s a great stepping stone place though, since he did learn a lot. Just expect to have your exit plan 1 year in.

 

It’s a sweat shop for juniors but you get to work with some top notch analysts. Only seniors and maybe some experienced senior associate that lateral in get paid well.

 

FWIW, I talked to Wolfe's recruiter 10 months ago and he said "expect about $100K all-in the first year"

Edit: Not sure why this is getting downvoted. It's the Jesse guy at Wolfe that fills Associate positions. Don't shoot the messenger, just noting what he told me.

 

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