2023 Analyst Bonus Thread (IBD)
Well gents, it’s that time of year again. You know what to do. Good luck!
Year: [AN1/AN2/AN3]
Bank: [Name or BB/MM/Boutique]
Group: [Coverage/M&A/Product]
Ranking: [Top/Mid/Low]
New Base: $$$
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Career Resources
Wow that’s a lot of confidence. I hope you’re right. From last year looks like the order of analyst bonus announcements from June to August was:
Mizuho (An1 Mid $55k)
Truist (An1 Mid $70k)
Harris Williams (An1 Mid $105k)
Stephens (An1 Mid $35k)
SocGen (An1 Mid $34k)
Barclays (An1 Mid $45k)
Cannacord (An1 Mid $130k)
BMO (An1 Mid $50k)
Cain Bros (An1 Upper Mid $105k)
RBC (An1 Mid $55k)
UBS (An1 Mid $60k)
Morgan Stanley (An1 Mid $45k)
Oppenheimer (An1 $85k)
Credit Suisse RIP (An1 Mid $60k)
BofA (An1 Mid $50k)
Wells (An1 Mid $70k)
Houlihan (An1 Top $70k)
JP Morgan (An1 Mid $40k)
TD (An1 $90k)
Deutsche (An1 Mid $60k)
Piper (An1 Mid $55k)
Evercore (An1 Mid $75k)
Moelis (An1 $95k)
Goldman (An1 Mid $65k)
Citi (An1 Mid $60k)
Stifel (An1 Mid $47.5k)
Nomura (An1 Mid $75k)
Rothschild (An1 Mid $75k)
Cowen (An1 Mid $45k)
BGL (An1 Mid ~$50k)
Jefferies (An1 Mid $50k)
Looked like MMs/Boutiques paid consistently better than BB last year.
HW An1 60k mid-top bucket non-Richmond office that had a good year fee wise. Pretty disappointed
So $170 all in? Seems like a gift considering the current environment.
AN3
SocGen
Salary: 110
Bonus: 100
All-in: 210
AS1: 150
Year: AN2
Bank: HW
Group: HC
Ranking: Mid
Bonus: 80 / All-In: 195 (for those going a2a there’s a 60k signing so would be 255 all in)
New Base: 175
$255k in your second full year of work after college, not bad at all
What are analysts in Nat Res/O&G groups expecting this year? I presume just as good as last year given record revenue numbers
At most banks, analysts in busy groups essentially subsidize slow groups when it comes to bonuses as they are standardized. The way being 'busy' ends up benefitting a team is that they get more top bucket allocations to hand out.
A1, disagree with above chart. Mid was 70k last year, top was 90k. Citi paid well Vs BBs
BMO
Analyst 2; Top Bucket
Bonus: 72.5k
All-in Excluding Promo Bonus: $197.5k
Promotion Bonus: 40k
New Salary (An2 -> As1): $175k
Confirmed.
Source = my tears.
Lots of BMO mis-info here …
Analyst 1 Bonus: 10 bottom / 30 middle / 50 top
Analyst 1 - 2 Base: 110 to 125
Analyst 2: 25 bottom / 45 middle / 70 top
Seems to be uniform across IB groups
Also keep in mind inflation the past couple years. 160 all-in in 2020 would be like 190 today
An2
RBC
Coverage
Mid bucket
65K Bonus / 170 all in
Fuck this bank. Still one of the only banks at 100/105 for base. Below street on base yet the seniors say they try to match “total compensation” by giving us a larger bonus, which clearly is a lie
AN 1
BB
Coverage
Upper Mid
Bonus: 65k
Current Base: 110k
TC: 175k
New Base (AN 2): 125k
Pretty happy all things considered. Top rated analyst 1 on my team got 75k
Those are great numbers, congrats and fuck you
RBC Canada
$120k bonus for second year analyst +$10k bonus for AS1 promo
AN2
Boutique - Maritime / Energy / Transportation focus
Base: $90k
Ranking - Mid / top I guess - not enough juniors to bucket us, but yearly review was positive
Bonus: $150k
All in: $240k
New base: $90k - pay is just off analyst position. No changes based on seniority until promoted to associate, etc..
$150k bonus as an analyst 2 at a maritime focused boutique? What in the fuck?
CS
ANL 2 / Leaving
Coverage
base 125
bonus 50
all 175
Was expecting a kite to go fly so pretty hyped, we ballin tnnnn
MS
AN2 in product group
middle/bottom bucket
NYC
$0 bonus
yea. it sucks.
Barc
A2 Coverage
$33k, $125 base
Made less than I did last year, absolute garbage bank. Over the past 2 years I had a friend who made $140k more than me at Bofa.
Attention all,
If you’re not posting a bonus figure and providing accurate data points, please stop fucking posting, replying and writing “bump” every five minutes.
Kindly,
Everyone
WF AN2 (Coverage)
Base: $125k, Bonus: $80k
Back to back years of above street pay with manageable hours. Thrilled.
As someone starting at Wells, I'm jacked to the tits
For Oppenheimer NYC, announced today.
AN1 ranged from 50-70K
AN2 ranged from 65-90K
Barbenheimer*?
Analyst 2
TD (NYC)
Product group
Top bucket
$125 base / $90 bonus / $215 all-in
Associate 0 base: $175
Year:A3
Bank: TD Cowen
Group: Coverage
Ranking: unsure (think Middle bucket)
Bonus:$125K / Base: $125K / All-In: $250K ($290K inclusive of A2A sign-on)
New Base: $175K (AS1)
A1 / BofA
Coverage
Base: 110k
Bonus: 55k (upper mid)
New A2 base: 125k
Houlihan NYC CF
AN2 Top Bucket ~77k
AN1 Top Bucket ~57k
For a firm that pays less base than most of its "peers", not a good comp day...
Any updates on Truist?
BofA, An2 Coverage, Top Bucket, 80K
yeah feel free to get started on that
Hey intern mind helping out on this, thnx
I've heard about JPM before, sounds like a cool bank if you ask me.
Base is below street but at least we have above street stipends 🥴
Truist for An2 ranks 3/4/5 seem to be 75/90/105 not bad at all
Blair pay bonus in February... was told "great job" and was handed a handful of pennies for all my hard work and sleepless nights
Good way to dox yourself
Departing second year at GS, got $100k.
Not entirely sure about bucketing so will let people chime in.
An2
GS (Product)
Rank: Top
Bonus: 100K
TC: 225K
As0 Base: 150K
An2
GS (Coverage)
Rank: Top
Bonus: 100K
TC: 225K
Leaving for buyside so new base doesn’t apply
Stifel - $50k
anyone know when PJT numbers are out?