Houston IB Salaries

Can someone help shed some light on long term IB salaries in Houston Energy Banking. Specifically, if there is a significant difference between VP and Director salaries in Houston vs NYC.

 
Best Response

If you're working at the Houston office of a BB your comp will be the same as the comp of the NY analysts, and in fact you will actually out-earn them because of the lack of state tax and lower cost of living. In some cases for firms where they have Energy teams in Houston and in NY, Houston Analysts may even earn higher bonuses than the NY Analysts because the deal flow and amount of work may be greater in Houston.

 

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