BOUTIQUE BONUS THREAD
How are the boutique bonuses fairing this season? EB’s getting ass rammed too?
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How about for non-EB boutiques?
Let’s hear it
Based on the most helpful WSO content, boutique bonuses can vary widely and are often dependent on the performance of the firm. In the context of a challenging economic environment, such as a recession, some boutiques might still perform well and be able to pay out bonuses. For example, there's a mention of a boutique bank that paid retroactive bonuses to associates once they weathered the storm, indicating that some boutiques may have the ability to reward their employees even in tough times.
Elite boutiques (EBs), known for their lean staffing and focus on high-end advisory work, might have a different experience. They often have a restructuring practice that can buffer against downturns, as restructuring services are in higher demand during economic declines. However, the context doesn't provide specific information about the current season's bonuses for EBs or whether they are facing challenges similar to larger banks.
If you're looking for more granular data or recent updates on boutique bonuses, especially in the current season, it would be best to check the latest threads on Wall Street Oasis or look for any bonus surveys that might have been published.
Sources: How will boutiques fare in the next downturn?, Boutique vs. Bulge Bracket in a Recession, Boutique vs. Bulge Bracket in a Recession, Small boutique vs BB / EB, Q&A: Disadvantaged Background to A2A Promote at Elite Boutique
No, seems like PJT, Perella, CVP maintained comp of previous years. Average range for all in was about the same across the three for associates. 370-400kish for first years, 460-500k for second years, and 570k top-ish for third years.
I'm at PJT, these numbers are slightly high..
Slightly? These numbers are way too high. No one got 570k+ at ASO3
I feel like I made out pretty well. I'm at an Ardea/FT Partners esque shop at Associate 1.
Base is $185K, bonus came in at $120K. We've been very busy but haven't actually closed much in the past 12 months so I'm not dissapointed, especially after seeing other people's numbers on here for 2023.
Congrats on ft
🫡🫡🫡
How did you bunch Ardea and FTP together lol. Ardea analysts are already close to hitting that comp
FTP an1 base is 140k
Because I'm not a WSO nerd who spends his free time reading IB rankings and don't give a shit.
Can someone give the Gugg comp for analyst and associate levels
Bump
Cuckinheim
AN1 top bucket 170 all in
Is that 170, base + stub? Or is the bonus annualized
sounds low for top bucket - saw other threads on gugg bonuses citing a 90k bonus for top bucket in 2023.
Not until March
Any moelis Lazard evercore bonus?
Moelis stub 65k (10k under previous year)
ASO1 100-130k (based on data points I know)
Incorrect on Associate bonuses, the floor and ceiling were both much higher (though definitely not like last few years).
Correct stub was $65k, which is kind of funny.
Considering other EBs have released great numbers, just gonna put out there that Lazard was not up to par this year and definitely underpaid
ASO 1 -> 2
Bonus: 90k (70k cash / 20k stock)
Would say mid bucket or above average, got only positive feedback
how did the firm/group do?
bump on laz
Wide spread from good to very bad
What is good? Compared to PJT? any range on figures per bucket. Thank you
capital advisory boutique - analyst 2-3
Base £70k (flat salary across all analyst levels)
Bonus £50k+
Evercore? (I will delete)
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