HL RX Base Salary Raise
Not sure about AN1 and not sure about the CF group, but can confirm AN2/AN3 base salaries are now 115k/125k for HL RX
Edit: inclusive of comment below, AN1/AN2/AN3 bases are 105k/115k/125k
Trending Content - Investment Banking Forum
| +98 | [2026 - October] Unbiased Prestige Rankings | 61 | 9h |
| +94 | Who is the final boss in Houston Energy? (GS, JEFF or EVR) | 36 | 4h |
| +84 | You should probably leave IB | 28 | 11h |
| +46 | Why Do We Turn Comments? | 11 | 16h |
| +43 | Tomorrow Will Be Better | 5 | 5d |
| +41 | Moelis PCA vs Lower tier BB Coverage | 32 | 10m |
| +34 | Banking (Un)fortunately Still Needs You: My Case for Bankers in the AI Era | 9 | 5h |
| +28 | UBS IB #24 in US M&A in 2026 | 10 | 1d |
| +27 | Lateraling as Analyst | 25 | 22h |
| +24 | How much should you ask questions / seek feedback as an intern? | 9 | 1d |
Career Resources
Can confirm that AN1 base is now 105k
Anyone know how this affects HL RX in London?
bump
any idea about HL RX in the rest of europe?
What was it before?
They never officially announced what the numbers were for RX so it was still 85/90/95 before now
That's a 20/25 bump - hopefully it sets the standard for all the other EBs
So RX will have higher base compared to CF?
any idea what bonus looks like this year? this coming out of bonus pool?
AN2 bonuses were $100k+. I’d guess as high as $120k maybe higher for some
Is it 105/115/125 for analysts in CF now?
Can confirm it is, we got returns this week
would love color on bonuses. seeing GS a2 at 270k all in makes me hate myself for not trying to do that lol
Last year, A1 made over 200k all in one year out college, it’s not that bad
i mean yea realistically anything over like 60k one year out of college is pretty nuts, just wondering since eb rx used to be so much higher than bb.
Did you get an email or what
No email it was just said in our reviews when they gave bonus numbers
Can anyone in RX give insight into A1/A2 bonuses this year?
^please
A1 bonuses at a little over 100% of base
Isn’t that pretty high for a quite slow year?
100% of the new 105k base?
What is signing bonus for SA converting FT for RX?
Was $15k my year, $10k if you did not summer there
Anybody have any color on bonuses for CF and if they are different in Chicago versus NYC?
would also like to know about bonus differences between locations
Bump
Can't speak to CF but in RX bonuses are not materially different between US offices. I would imagine this is the case in CF as well
is it possible/easier to lateral from cf to rx if you are already in the firm?
Have seen it done a few times at the analyst level. You still need to probably do atleast 1 year in CF and need to have someone in RX go to bat for you so will need to network and raise with HR but needs to be done the right way to not piss off anyone in either group
What about London folks?
When I left valuation (FVA) at HL, associates made $130k base in that group. Thanks for the extra validation - no idea how they swallow that discount to CF / RX after these recent raises.
Any updates? Seems like almost all BBs are at 110k and most EBs are at 110k+
Are we below street now lol? Any idea when they would raise?
Haven't heard anything on increases but agree some other banks have already done a second wave of raises. I imagine if there is any 2nd round of base salary increases it would coincide with the An/As end of year periods at HL as it did last year (May for associates, August for analysts)
Libero dignissimos mollitia quia consectetur. Rerum autem voluptatibus dignissimos sit. Sit qui ut autem harum. Dolor sed aut nostrum non consequuntur. Repudiandae et iure dolorum debitis repudiandae aut id.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Architecto quisquam maxime nihil a assumenda enim non harum. Similique illo labore sint possimus sit dignissimos inventore quaerat.
Culpa delectus sit aut aut. Vel quibusdam rerum qui et omnis voluptatem. Ut odit nihil reprehenderit accusantium qui modi voluptas autem. Minima soluta vitae aut dolorum vel.
Nostrum qui dicta unde itaque delectus. Consectetur maxime consequatur fuga iste quis. Tenetur at velit provident delectus reprehenderit ipsam id. Esse rerum et officia facilis mollitia eum illo. Sit voluptatibus quos aut dolorem.
Commodi corrupti ipsum ipsam dolores eos. Iste nobis assumenda sed.