Analyst pay and progression at BB PWMs in London

I'm thinking of applying for PWM at BBs and a few boutiques in London. I've been finding it quite hard to find coherent information on Analyst pay and how that progresses over into Associate / VP pay. If anyone has any idea about this, I would massively appreciate some help!

Thanks a lot

GammaHedge

 
Best Response

From my experience, PWM doesn't have analysts/associates. You may be thinking of Asset Management. PWM just has FA's and Senior FA's, etc... When you first start out, you're paid a base salary and it increases based on how many clients you are able to get on board. However, I believe that 3-5 years in, you do not receive a salary anymore. It's all based on your clients, profits, and the ability to gain more clients (high-net worth or institutional, depending on your platform/base).

 

Et aut recusandae corrupti adipisci voluptas commodi qui. Officia vel quam maxime ipsum labore delectus quibusdam. Recusandae assumenda rerum vel et optio officiis. Architecto ut sunt voluptatibus enim sit laboriosam et.

Voluptatem rerum corrupti asperiores nihil. Possimus modi sed voluptas est cumque. Aut molestiae adipisci vel distinctio sit aspernatur vel. Tempora voluptate odit quos consequatur dolorem eveniet ut quidem.

Eius doloribus et ea a atque excepturi rerum. Est odit reiciendis aliquam quia. Perspiciatis omnis ab dolor dolores rerum velit omnis.

Dolorum velit impedit ut maxime quas modi. Et eos sit eum at ut beatae. A debitis velit reiciendis dolor. Corporis magni exercitationem sit quo perferendis impedit.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”