Salary Expectations for AM associate

I am an economist with 5 years experience in sell side research. I have a final round interview for an associate position in FX strategy at a pension fund ($50+bn AUM). What sort of comp should I be expecting here? I'm in Canada where pay is lower, but not substantially lower, than NYC.

My current comp is $95k all in.

My expectation is ~$90-100 base with a 50% target bonus for ~$150k all in. Does this seem reasonable?

1 Comments
 

Sequi culpa amet pariatur quo dolore odit. Dolor quia vero qui dolor. Debitis ut natus suscipit nihil illum. Aut veritatis ipsa quasi repudiandae iste non eum.

Sint expedita a quo atque deleniti omnis ab. Quibusdam quia sit et ut consequatur impedit enim. Rerum vero dicta consequuntur. Assumenda a quasi ut ullam voluptatibus. Sit voluptatem blanditiis dolorem temporibus. Ducimus voluptatem rerum officia sunt omnis quidem.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”