How much is the difference in comp between Qatalyst and CVP
Like which one would pay the most in the analyst and then associate years. Very confused here mixed opinions on the numbers.
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Q pays ridiculous, much more than CVP
How much more. Like number difference examples pleas
100 million bajillion dollars more
Dawg ima beat yo ass!!!
Qatalyst is a very unique firm with regard to compensation because of the way the firm was designed, and a lot of people don't understand this unless they have spoken candidly about it with an employee or have worked there. Qatalyst does three things together that no other bank does: 1. They purposely maintain a very small headcount. 2. They decline to work on transaction under $1 billion (unless there is a compelling reason to do so). 3. They charge much higher fees than other banks; have been told they are very stubborn about this to the point where they occasionally lose mandates to GS/MS because they refuse to lower their fees. Because of this, their revenue per banker is multiples higher than even other top boutiques like Evercore and PJT.
All of these elements come together to create a firm that is able to pay its employees much higher compensation than any other bank. In solid years, the associates can make 7 figures, and the VPs can make more than $2 million. It isn't uncommon for the total revenue of the firm / the # of employees to be >$10-15 million.
People only point to the fact that Qatalyst works on the largest tech deals, but they also fail to understand that the structure of the firm itself was very carefully designed to optimize for making the people who work there wealthy, not to optimize for volume/scale.
+1 SB for the detailed write up. One other factor that’s probably obvious, but that I’ll mention anyways, is that they’re private. You can generate all the revenue in the world, but if you have to pay your shareholders dividends, it’s dampens the unit economics for the employees.
Centerview is obviously also private, which is one of the reasons they’re able to pay above street.
Do you think Qatalyst offers upward mobility for current associates and vps to be partners one day?
This is tough to answer because making partner is undoubtedly very difficult. Sure, there is a path to partner for current associates/VPs (some of the current partners came up through the ranks). But it goes without saying you need to do more than just stick around for 20 years.
Associates and VPs really make that much there?? That’s nuts
how is the work life balance / culture at the jr and mid level? I assume it’s gotta be just as intense as the pay
Didn’t know even associates make 7 figures over there..
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