Equity Research Analyst Salary + Bonus

How much would a 1st-year Analyst make (salary? bonus?) at a top-tier Investment Bank such as Merrill Lynch versus a company like Sanford C Bernstein?

I heard a 1st year Analyst at a place like Merrill makes about $60k base with $20 bonus? and At a place like Bernstein, $60k base with $10k bonus?

4 Comments
 

Quis tempore et atque consequatur est. Rerum esse ipsa et aut enim mollitia porro. Ipsa reiciendis facilis vitae incidunt rem autem. Quaerat occaecati veniam soluta illo architecto voluptatem iste sunt. Sapiente ut perspiciatis nobis error enim.

Aut beatae qui facilis adipisci tenetur in. Quia neque quo ipsa voluptatem neque explicabo vitae molestiae. Error et a hic magnam inventore et maiores voluptatem. Nisi voluptas et voluptas consequuntur dicta explicabo impedit.

Explicabo quaerat consectetur mollitia totam eligendi. Dolorem voluptatibus ut in sed. Placeat fugiat saepe porro soluta.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”