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Based on the most helpful WSO content, the compensation progression for roles in investment banking can vary significantly depending on the firm and the specific role. However, I don't have specific figures for a PCA role at EVR/LAZ/PJT.

For a general idea, here's a rough breakdown of average compensation for various roles in investment banking as of September 2023:

  • Investment Banking Director/MD: $592k
  • Vice President: $392k
  • Associates: $260k
  • 3rd+ Year Analyst: $187k
  • 2nd Year Analyst: $169k
  • 1st Year Analyst: $168k

Please note that these figures are averages and actual compensation can vary. For more specific information, I would recommend reaching out to professionals in the industry or checking out more detailed threads on WSO.

Sources: https://www.wallstreetoasis.com/forum/investment-banking/elite-boutique-consensus-associate-compensation?customgpt=1, https://www.wallstreetoasis.com/forum/investment-banking/total-compensation-at-pwpevrmoelis?customgpt=1, PJT vs. PWP vs. EVR (M&A groups), Evercore Comp Progression?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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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
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