Base pay at lower middle market Investment Banks? Cowen, Raymond James, Wunderlich Canaccord
What would you guys say is the starting base salary for 1st and 2nd year IB analysts of these types of banks? Not 10-15 man boutiques but full-platform banks with some (usually limited) research platforms that does both cap markets and advisory?
I know the bulge brackets now start at $80-85k correct? Would it be safe to assume for these shops a 1st year is 75k and a 2nd year is 80? Or is it more like 70 and 75 for 2nd years?
Anyone at all have insight into these shops like Maxim, H.C. Wainwright, etc?
I know rj is the typical 85-90-95 with bonuses comparable with most firms.
Thanks dude. RJ is on the bigger end of the scale to these guys. Anyone have info on the smaller guys?
Yeah I wouldn't say Raymond James is a lower MM. Not sure on the others besides RJ, but the above was correct
Anyone got the info on this stuff? Would be much appreciated.
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Bro what this is such an outdated thread lmfao. If you spend even 10 seconds on this forum searching for comps you will see all these banks pay on par with the BBs in terms of base. A lot of these places paid more in bonuses last year as MMs caught momentum in the huge tailwind stemming from the pandemic.
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