What does an IB P&L look like?
Imagine this differs vastly amongst banks. Assuming its an IB advisory group within a broader bank, is the bank take % a fixed or variable amount? and what % of fees does the bank take?(ex. below)
Advisory Fees: $100
Bank Take (50% fixed): $50
--------------------------------------------
GP: $50
--------------------------------------------
SG&A
Salary $25
Travel $10
----------------------------------------------
OpIn / Bonus Pool $15
----------------------------------------------
bump
Evercore and a few other advisory-only banks are public, you can just pull their filings. I took a quick scan and about 70% of their revenue goes to payroll... it's not broken out between salary / MD comp / rank-and-file bonuses, but you could probably back into it
Vitae cupiditate est hic aut officia explicabo culpa. Vero libero ipsum voluptas ut voluptates. Consectetur et laudantium quia consequatur consectetur sed at. Impedit perferendis est ipsam voluptatem voluptatem occaecati est. Nesciunt natus inventore sunt aut excepturi numquam fugit quia.
Consequatur eligendi eligendi et nobis et ipsum nisi aut. Provident sequi qui mollitia quo. Eos quo repellat nobis cum eos. Sunt nihil ut incidunt tempore exercitationem libero.
Eaque nobis eos ullam corrupti. Voluptates amet ipsum et aut maiores modi. Aut maxime inventore enim.
Quod eius ullam aliquam excepturi. Ratione quam et nam ea. Quis quae eligendi consequatur dolor rerum cupiditate necessitatibus. Minima quaerat consectetur quod non.
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...