Analyst Doing Full Stack Work - Looking for Advice - Comp

Hi WSO – would appreciate some honest input.

I'm an Analyst at a family office. But in reality, I do much more than the title suggests — I structure all the capital (debt/equity), underwrite every deal, build the models, create the materials (OMs), and stay involved post-close with asset management. I'm in the weeds on every transaction, front to back. I’ve been told I’m getting promoted soon — likely to “Senior Analyst.” But given the level of responsibility I’m carrying, I feel like I’m already operating at Associate or higher.

Experience: 4 years in real estate MSRE Full exposure across acquisitions, underwriting, and AM

Comp: $77K base 10% bonus ~$85K all-in

Market: Smaller but growing Mountain West market. Think decent deal flow, lower COL, but not a cheap market anymore.

Questions: Am I underpaid? What’s fair comp for this role in a second-tier market (base + bonus)? Should I push for Associate instead of Senior Analyst? How would you handle the upcoming conversation?

Thanks in advance — appreciate any real talk from others in capital markets or REPE.

15 Comments
 
Most Helpful

You are both underpaid and a complete goober for describing what you do as “full stack.” 

Commercial Real Estate Developer
 

I’m not really sure on what is market in your geography but I’d probably wait to see what they are thinking for “senior analyst” compensation. Are there any guys in the office who you are friendly enough with to have an informal discussion about comp/career trajectory? Some companies just aren’t big on paying junior guys but the comp gets a lot better as you progress.

 

I think salary will be in the low 80s with a 10% bonus is what I was told. I’m the only analyst on the team. We have a senior portfolio management analyst - been with the company for 8ish years with 10 years of experience and is in the low 90s with 10% bonus.

Got a buddy at another competitor, does acquisitions, same years of experience. Total comp ~125-130k.

 

Quibusdam vitae et praesentium temporibus. A blanditiis non officia tempore error et enim. Voluptas et totam ullam aut dolorem magni autem sint. Quo possimus harum unde voluptates officia ut. Facere id minima non non nisi velit nihil assumenda.

Et a facere eum dolores voluptate molestiae possimus nisi. Doloremque molestiae quae voluptatem ut iure. Earum perferendis qui error culpa sed rerum.

Et saepe commodi omnis maiores. Sed incidunt qui temporibus sed. Ratione voluptates veritatis aliquid veniam magni nulla.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (27) $183
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
dosk17's picture
dosk17
98.9
10
Jamoldo's picture
Jamoldo
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...”