Highest Paying Investment Bank
Assuming a compete disregard for exit opps, which bank pays the most all-in (base + bonus)? Would it be Qatalyst given their profit-sharing model or do Centerview and PJT RSSG match that?
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Bump
Boutique called sugon advisors pays the best
Xxx
dont tell me you took the bait...
Oh no
SUGON DEEZ NUTS
I'm sorry for candice
Idk Bank of Ligma is really competing with them this year
Candice Cap really solid also
No BofA pays the most
Any bank that has a good profit sharing model > EB > BB/MM > Boutiques > Regional banks
This is usually the hierarchy in pay. There are always going to be exceptions to the rules.
Do you know what banks have profit sharing?
Well, what I am saying is a good profit sharing could be at an EB or at a Boutique. there was a long post about a guy 6 years out of school clearing 600k at a regional boutique because they had profit sharing.
I think CVP has profit sharing, but I do not know.
Macquarie does as well.
I've heard mixed things on gordon dyal
I think Bofa pays well
BofA deez nuts in yo mouth
Tobin & Co.
Hahhah can't stop laughing.. Never heard this one before
Baml probably best paying bb
Rothschild is highest base on the street
Their recent base increases haven't been confirmed by many sources. No announcements or anything
What is the most reliable source?
My friend works there, it has been confirmed
I know an analyst at Q who cleared over 75mm his first year..so I'd prob have to say them.
Can corroborate. Know a Q Aso with a PJ.
Can confirm. I am the PJ
What. Did. You. Just. Say?
Gulfstream
Ardea has profit sharing at the analyst level so I'd imagine they top a lot of lists
Ardea pays in-line with CVP
Not true. I have a close friend who had an offer and it was 120k+ base and quarterly bonuses based on bps of company performance. No way CVP gets close to that
delete
PJT?
On a serious note. Centerview probably pays the most. Then it’s probably between Qatalyst, Evercore, Gugg and PJT.
Evercore pays markedly less than those 3
Nvm.
Noticed that a ASO2 at Q posted 550k annual comp all-in. How would those banks listed (including CVP) compare?
Including A2A stub, 1st year ASSOC will pull around that number and 2nd year will be about $100k short. After that it scales pretty nicely though
Qatalyst pays more than Centerview
1) Most upside is anywhere with revenue share.
2) Biggest ‘regular’ paychecks are true kiosk banks and/or super small boutiques that only do mega deals.
3) Centerview pays the most of the 20-odd banks that get the most airtime on here, and generally close to 2
I think this site rumors that CVP has some form of rev sharing.
It does not, at least at the analyst level
Where does JPM fit into this now? No other BB is paying 100k base yet but how does this stack up against EB's?
I sure it will drive some banks to increase salaries that had not previously.
Guggenheim. I know it's probably not the absolute highest (that's probably reserved for CVP), but after CVP it has to be them. One of my buddies from MBA works there and he pulled down ~$350K as a first-year (not stub-year) associate. That's mindboggling. I'm at a top MM that's known for paying pretty well above the market and fell significantly short of that number (as did the rest of my first-year associate start class).
Very few of their post MBA bankers ever seem to make it to VP though from my own research at Gugg. A lot of them exit either to a weaker bank or corp dev after 2-3 years. Have seen some MMs that pay 300-320K first year on average non-stub. Maybe 350K during a killer year at a small boutique/kiosk bank.
I haven’t noticed that as much, at least not from my MBA program. Most of the people that have gone there have either left banking or stuck at Gugg. Haven’t seen a whole lot of exits to other banks, but this is just data from my program.
Is that 150 base and 200 bonus?
Yeah. Crazy numbers for someone 18 months out of grad school, imo.
That's not particularly impressive, especially lately.
Know a guy at CVP (As2) who pulled in 640k.
They all pay high. We are winning/
investmwnt bankers lives mattwr
Godapeed
Heard LionTree bonuses are phat
That’s awesome! Isn’t this industry amazing!
I’ll take a stab at this. I’m only a prospect but growing up in a lower middle class family has made me very focused on money and I’ve spent some time networking and researching the best paying firms.
Dyal Capital (200 something)
Liontree
Guggenhiem
Qatalyst
Pjt (M&A pays similar to Rx according to my friend)
Centerview (obviously)
Ducera (mixed bag alumni told me he cleared $197 in a good year out or college)
Greenhill 3 years ago so might be out dated (190k) school alumni told me
Now here’s a shock:
Good friend of mine made 175k out of college at BB&T Richmond. Considering this is in Richmond this has to be the highest living expense adjusted comp in finance.
seems legit
Is Macquarie comp numbers high? Since they have profit sharing as well.
Bump
Honestly, I'm just starting but from what I've heard bonuses are perfectly fine especially on the MIRA side. It just so happens that Analysts have part of their bonuses in bank equity so you have to go through a vesting period compared to most banks that pay all cash for analysts.
Bump interested any latest update on this
Bump interested, any latest update on this
Industry boutiques easily top all EBs besides CVP when it comes to comp. Q, Raine, Ardea, and a few other shops that fly way under the radar pay the most. All of these shops easily surpass 200k A1.
Wouldn't say easily top EBs but have heard of a few industry boutiques that pay similar to what every non-CVP EB pays (ie. Associate making 350K at one of these shops).
One of the above pays significantly higher than 350k as an associate
All 3 of the above pay CVP level or better. For reference, Raine’s A1 comp back in 2018 was 200k. Additionally, know of at least 3 others that are rather secretive but all pay similarly or better than CVP.
Dyal & Co is right around $300k but you also cut 10 years off your life
For analysts?! Jeez
Yup - they also give you a bonus per deal so can vary a lot but when they worked on the $90bn celgene deal, everyone got PAID
Trust me when I say this, Jefferies Houston.
Trust me when I say this, not anymore
I have seen the numbers myself from the recent years and it’s still the case.
This was correct back in 2015 but not true anymore. There is one shop in Houston that easily surpasses all other banks.
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