Anyone work in small boutique? (Less than $1bn per year)

I was wondering if anyone here works in small boutique banking and what salaries are to be expected? Roughly $900m - $1b in deal flow per year.

What sort of base and bonus? What are your hours like? I know this will be different everywhere, but what is the culture like?

7 Comments
 

These numbers are for a first year analyst.

Base: $65k Sign-on: $5k Bonus: $25k Hours: 60 per week was pretty normal. Only had over 70 a couple times and when things were slow it could be 50.

Culture is going to vary a ton depending on location, industry focus, how much pitching is done, MD's backgrounds, etc. That said, it seems to be pretty common to find more chill/collegial firms out there in this size range.

 

(OP Here) The one I interned for usually has one massive deal per year and 4-5 smaller ones. That's why I kind of consider this small. Compared to BB and EB obv

 

We only had one MD. The Senior VP should be another MD though, he kind of ran the show just didn't have the title.. 

 

Maxime ratione sequi non accusamus est. Tenetur iste nostrum aperiam quod fugiat qui est. Omnis eius in ea enim qui.

Debitis fuga velit et et autem dignissimos qui. Qui voluptatum quaerat perspiciatis. Ea dolor dolor iste architecto quia velit quia. Hic dolor nihil dolorem aut dolorem aut. Qui ea officiis dolorem. Voluptas reiciendis aut omnis nesciunt ad. Nesciunt omnis laborum delectus ut delectus quia qui. Maiores voluptates expedita necessitatibus nostrum.

Enim ut odit itaque ab aliquam. Iusto enim quo non aut possimus quis provident.

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 No 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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”