Raymond James Compensation
What is the compensation like for Raymond James? Is it higher than street, in-line or below? Especially in Charlotte/Miami? Any datapoints would be great!
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Typically 10-20% higher than street, especially the Miami and Jacksonville office, the crush mandates.
Why wouldn’t someone want to be in Miami making more than street with no state income tax?
I’m planning on mba fall 2025 and have started actively looking into options outside NYC banking
Cause that’s short sighted thinking. Maybe you make a little more with less state tax, maybe you don’t.
But nyc has so many different banks and funds and opportunities when you’re young.
Thats the real reason it’s powerful to start your career in nyc. Yes, the night life and sheer amount of hot girls is great when you’re young. But the real power is the vast majority of employment opportunities.
Once you’re older and established you can work anywhere.
But nothing beats nyc for the first few years on the job.
This is a joke. There’s no major IB presence in Jacksonville or Miami…
Jacksonville had a DB back office / middle office group at some point in time
They opened up a healthcare service branch in Charlotte
Charlotte is 110k base A1
Do you know what the bonus is like for analysts/associated?
Met a couple RE focused bankers in the Tampa/ St. Pete office that were making between 150-175k all in and that was around 3 years ago.
Do you know what the bonus is like for analysts/associates?
im pretty sure analyst pay at the time was like 80-90k base and the rest bonus up to like 150-175
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