2015 MM Associate Salary Increase
Does anyone have the new associate salary levels for MM banks? It sounds like the BBs went from 100/120/140/160 up to $140-150k for A1 (that might even be A0?). I believe current MM salary is 100/110/120/130, but not sure what they are moving up to.
Im hearing 250k a year
BB:A0 - 125A1 - 140A2 - ???A3 - 175
Thanks, heard the same A1 140 number as well, wasn't sure about stub and other levels though.
Are all MMs making this bump? I am still at $125 at mine..
125 for A1?
I'm assuming they'll all bump this year otherwise they'll lose talent to the banks that do (see what happened with the analyst bump, everyone's at 85k now). Associates upwards are on the FYE timetable, so if you haven't gotten an increase yet, I'm assuming you're at one of the MMs that isn't December 31 FYE?
Ya, were a fye 12/31. I just joined this last month and got brought on as an A1. It's a legit MM, maybe a tier below HL and HW (ray jay, piper, opco, SunTrust type firm). This is good info though. I've also heard HL hasn't bumped associates yet though, think they're doing it at the half year from what I've heard. Will be interesting to see if my firm makes the bump and if not, they are going to lose talent. Any idea on how bonuses are being communicated going forward with the significant base bump?
Depends, are you at a brand name MM firm like William Blair, Harris Williams, Houlihan, etc or a no-name? If it's the latter then likely they aren't trying to match the market per se.
Is this confirmed? I assume those who are starting this summer have their digits now? Would love to know specifics
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