Consensus opinion on RBC

I was curious as to what the general consensus on Wall Street is about RBC NY office. This is obviously a pretty big question to answer, but I'm more so interested in:

- Examples of comparable peers

- Analyst comp 

- Exit opps

- Any other general comments about reputation

I'd greatly appreciate any insight anyone may have on this, thanks in advance!

13 Comments
 

MM PE is typically the exit just to varying tiers of MM firms. Very few people will get UMM/MF seats, maybe 1 for each analyst class, and at most 2. Pretty good corp dev exits and stuff. It's ultimately still a top tier MM, but not a BB/EB.

 

Could you elaborate on the DEI thing and how you lateraled? Salary based off diversity status is crazy lmao

 
Most Helpful

To answer your questions:

  • Tough to actually give you a peer set in terms of how similar the work is when compared to other banks. RBC is very group dependent with some groups working on larger deals and others more focused on the middle market. Note that it's most likely similar to other large banks that win business with their balance sheet, but haven't historically been a heavyweight in pure M&A advisory (TD, Wells, HSBC are just a few that come to mind)
  • Analyst base comp for AN1 / AN2 / AN3 is $110k / $125k / $135k; bonuses have been fairly flat between buckets at the analyst level over the last few years. 
  • Exit opps are group dependent. Notably, people within the M&A and PU&I groups have had solid exits historically. You can exit from other groups as well, you may just need to be a bit more proactive about your search process.
 

Corporis facilis nam est ut ullam et autem. Voluptatem veniam beatae iste recusandae occaecati voluptas. Quisquam amet aut rem amet minus quis culpa est. Eaque sint quod occaecati. Odio illo aut voluptatum error repellendus eos.

Fugiat voluptatem quo porro. Occaecati officiis dolorum dolores et explicabo ratione iure sapiente. Debitis quis omnis occaecati consectetur qui similique rerum. Saepe rerum voluptatibus mollitia hic. Cupiditate numquam eum ea ipsum tempora. Nulla officia rem non modi ducimus amet.

Laudantium eius aperiam debitis laudantium voluptates ut. Illo similique est fugit et. Nobis tenetur non qui est unde laboriosam. Nihil totam voluptatum eos et modi ipsum.

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%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 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 01 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 (80) $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
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”