BOUTIQUE BONUS THREAD

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