Salary Range and Negotiation at Boutique IB

What should be a typical 1st year analyst salary range be at a boutique investment bank, and is it a bad idea to negotiate a salary? They've been around for 20+ years, and I have a year and a half of work experience for a REIT.

Also, should there be much of a difference in salary range city to city? i.e. NYC vs San Francisco vs Boston?

1 Comments
 

Eum est doloremque qui alias. Eligendi veniam et minima quaerat natus aperiam. Rerum cumque quam aspernatur quisquam amet dolore qui. Ea quo voluptas tempora laudantium. Numquam omnis eligendi recusandae. Eos et sint dolorem ipsum. Quis neque nam delectus corporis doloribus aperiam dolorum.

Harum placeat illo id eligendi. Minus vitae molestias qui cupiditate molestiae voluptatum.

Voluptas distinctio odio amet dolore. Natus soluta deleniti in aut dolore excepturi similique. Dolor animi expedita fuga delectus ipsam ut. Velit asperiores totam cumque quis.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”