How much is the salary at a firm like Canaccord? For a beginning analyst... Also, how much would a typical bonus be?
And how much would the pay go up each year?
I would think:
1st year: 80k + 15k
2nd year: 90k + 20k
3rd year: 100K + 25k
is this a good estimate?
Gauging options...
There's been talk recently of canadian firms even paying more than most u.s. locations, and also, of course, with better job security.
Can anyone speak to this?
| +146 | How to stop feeling like shit for not making it in IB? | 56 | 2s | |
| +109 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 54 | 50m | |
| +70 | Updated LA Banking Scene (2024) | 52 | 7m | |
| +38 | Ranking banks that went under | 20 | 2h | |
| +34 | Burnt Out M&A ASO | 18 | 2s | |
| +32 | A strategy for SA applicants late to the game like myself | 15 | 7h | |
| +31 | Recruiting in the Fall | 6 | 10m | |
| +29 | Relevance of A-Levels for U.K. London recruiting | 21 | 13h | |
| +26 | Series 79 Help / Tips to Pass The First Attempt | 11 | 2d | |
| +25 | Intern Ettiquette | 4 | 12h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Canaccord pays above the canadian street. Your base salary and bonuses are incorrect. Job security and investment banking, regardless of location, is oxymoronic. If your talent cannot foster or retain relationships, the bank will not get deals done. No deals = No fees = No job for you (and I).
"Gauging options." Do you have an offer? I doubt it.
Thx for the reply..
I do not currently have an offer, but I come from a target with good options and I'm currently weighing the pros and cons of going to US or prospects here that I like (personal reasons, I don't want to hear the typical "go to U.S. go to BB").
Are the base salary and bonuses for first year above my estimates? Thx
I work at another bank, but there is no way anyone would work there for a 15k bonus. More like 4-5x that...hours are above average than a canadian bank.
I had an offer from Canaccord in Boston. 60k base plus expected first year bonus of 15-20. The contract said 2nd year bonus in the range of 25-30k. Also did not include a signing bonus.
Canaccord toronto pays its first year analysts 70k base. Bonus changes depending on how well the firm is doing that particular year. I've heard people getting upwards of 150k total comp. Remember for these salary figures to be comp with that which you see on Wall Street, you need to take into account the current CADUSD rate, which I think is 1 CAD to ~0.90 USD.
That's a retarded way of looking at it; you're not getting paid in CAD and then spending in USD.
Is anyone aware of Canaccord Genuity, London office in terms of deal flow, culture, pay, exit opps, etc etc?
I second this. Anyone know or have an educated guess considering how they are rated with other similar sized banks in London?
Bump
Canaccord Genuity presence and salary? (Originally Posted: 02/26/2015)
Anyone know anything about Canaccord Genuity? Anything about their presence and pay for first year analyst?
For what location? I hear some offices are sweatshops
What location are you speaking off ?
Toronto or NYC?
who cares? they're canadian
on a serious note: pay is below street, and some offices are sweatshops (as said above)
Not sure about Toronto but NYC they have a very limited presence though the shop seems to be growing its tech practice a fair deal.
What about London? They seem to show up in UK M&A league tables, seem to do a lot of mid market deals.
Ducimus blanditiis quia quaerat cumque dolores quasi ab. Est in repudiandae minima laboriosam provident vitae. Reprehenderit esse fuga omnis eius quis itaque deleniti accusamus. Accusantium molestiae minus et dolor sed atque magnam reprehenderit. Repudiandae quia ipsam nostrum maxime. Sunt voluptates placeat inventore velit magnam quia.
Et ullam doloribus necessitatibus quia qui sed aut. Consequatur id est eveniet. Ut minima consequatur libero nam dicta et voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...