IB comp in Seattle and 2nd tier cities?
Hi, any knowledge on what comp is typical for IB analysts/associates in Seattle and similar second-tier cities? Also, are the hours much better than similar work in NYC?
Thanks.
Hi, any knowledge on what comp is typical for IB analysts/associates in Seattle and similar second-tier cities? Also, are the hours much better than similar work in NYC?
Thanks.
+2,308 | Bank of America - Juniors Strike to start Monday May 6th | 244 | 5m | |
+692 | BOFA ALREADY TRYING TO COVER UP THEIR TRACKS | 73 | 1h | |
+457 | This is a dark day for Wall Street. | 30 | 53m | |
+158 | Big Layoff at Barclays - 5/1/24 | 86 | 11h | |
+119 | “Americans just work harder” | 54 | 1d | |
+102 | Analyst at Bofa FIG-Thoughts | 8 | 4h | |
+100 | Shame on you, BofA. But also, the industry needs to change. | 15 | 45m | |
+97 | BofA List | 19 | 2s | |
+72 | Sleeping on Jefferies??? | 35 | 23h | |
+60 | What's up with RBC nowadays? | 28 | 20h |
Career Resources
Just depends on the shop from what I've researched. There are not many firms bigger than regional MM, and pay is usually a lot lower than the Street.
Any ballpark from your research? I assume much lower than NYC but tough to know what that means. Would be looking at a regional MM.
As I am sure you have researched the two main shops are Cascadia Capital and Meridian Capital. Pay is below street. ~60k + bonus. Hours are much much better than in major cities. Most analysts leave before 12 and work on some weekends.
I second this, though I was thinking even a little lower ~50-55k but it is probably up to 60 by now.
can someone clarify brief lists of "first-tier" and "second-tier" cities for ib?
.
It's not that hard to figure out. Look where the best groups/shops are.
Top Tier:
NYC, Chicago, San Fran, LA, Houston (energy) - you could probably make a case for NYC on its own tier
Second Tier:
Charlotte, Minneapolis, Denver, Seattle, Dallas, Philly, Atlanta
No tier (just for laughs):
Jacksonville (DB)
Are Minneapolis and Denver really second-tier? Kinda would have though "just for laughs"...
From my experience. Base and signing are the same as the street. Bonus and hours are lower
gatorfinance - What is a typical signing bonus? Thanks.
10-15. The firm I will be working for (Southeast) offered 12k signing.
Great, thanks everyone.
Minneapolis has a surprisingly robust financial sector. I would place them well above Philadelphia, IMO.
Vel est ipsum illo quis fuga. Sed cum qui voluptate possimus. Optio molestias soluta est sit. Velit quos totam qui dolorum fuga.
Eos nostrum facilis ab. Facere distinctio illo mollitia quis nam voluptatibus.
Totam nihil qui natus eos quas accusamus dicta. Non cumque consequatur dolorem vel. At rerum nesciunt deleniti assumenda sint quia quaerat voluptate.
Id non hic fugiat ipsam omnis. Aut deleniti sint enim assumenda earum corrupti itaque nulla. Beatae labore perspiciatis consequatur aliquam enim nisi. Eius enim reprehenderit autem sunt numquam. Saepe tenetur ut voluptas inventore in doloribus. Aperiam eos doloribus fuga enim.
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...