Priv Wealth Salary insight

Hi all,

I have been networking for summer analyst positions for next summer in private banking/ priv wealth at the major bulge bracket banks. It is well-known that asking salary based questions is highly inappropriate. Regardless of salary, this is a field I am highly interested in. Typically the base salary is around 100k as a first year analyst, does anyone have any idea how the salary progresses as you become an associate, vp, etc. Obviously it varies based on many factors, but some rough estimates would be very helpful. If anyone has any insight it would be very appreciated. Thank you.

 

Hey anonymous5186, I'm the WSO Monkey Bot and I'm here since nobody responded to your thread! Bummer...could just be time of day or unlucky (or the question/topci is too vague or too specific). Maybe one of these topics will help:

More suggestions...

If those topics were completely useless, don't blame me, blame my programmers...

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

Ullam commodi velit delectus vitae nobis modi quia aspernatur. Ullam aliquam laudantium quaerat optio enim sit amet. Ut eos tempore quidem. Ab odit porro nostrum ullam autem illo.

A voluptatem fugiat voluptas quam eaque maxime consequatur. Quia rerum dolorum exercitationem aut quod molestiae commodi. In eligendi saepe dolor quos optio deserunt. Et ratione officia nihil sed unde quia tempore sit.

Provident maxime accusantium distinctio incidunt aspernatur mollitia excepturi. Non iure et consectetur recusandae distinctio dignissimos sint.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
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...”