Associate Comp

What are people getting paid these days as Associates. It seems like it has moved upwards quite a bit industry wide and looking for anecdotal evidence of that. I can start:

Role: Megafund AM

Fund Size: $20B+

Market: Southeast

Experience: Associate 1

Base: $160k 

Bonus: 60-70%

Hours: Varies, but 60-70

Real Estate Modeling Course

  • Real-life RE Modeling Tests from actual Interviews
  • Various asset classes including multi-family, commercial and more
  • Huge discount - until more tests and cases added

Comments (17)

  • Associate 1 in RE - Comm
Oct 6, 2021 - 3:00pm

Think it could be beneficial to throw in city or region where you work as well given the delta between jobs you'd find in NYC vs sunbelt markets. I was recently quoted the following for the RE arm of a traditional PE firm:

Role: Acquisitions/AM

AUM: $20B+

Experience: 5 years

City/Region: Southeast

Base: $125k - $135k

Bonus: $75k - $100k

Anecdotally Hours would shake out more than most firms in the area. 

  • Associate 1 in RE - Comm
Oct 6, 2021 - 3:08pm

Transactions

$400MM owner operator

4 years

West Coast 

$110k + 35% + co-invest

50 hours

  • VP in RE - Comm
Oct 6, 2021 - 3:34pm

When I was an Associate a couple of years ago:

Role: MF Acquisitions

Fund Size: $1.5B+

Experience: 5 years

Base: $110k 

Bonus: 50% + carried interest in funds

Location: DC

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300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

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  • Associate 3 in PE - Other
Oct 8, 2021 - 9:39pm

I literally said to myself, "damn we've got a lot of mega funds posting" lmao

  • Associate 1 in RE - Comm
Oct 7, 2021 - 9:13pm

Role: Acquisitions

Area: Northeast Metro

Title: Associate I

AUM: 25bn+

Experience: 1.25 year analyst lateral

Base: $150k

Bonus: 100%

Hours 75-80

  • Associate 1 in RE - Comm
Oct 8, 2021 - 11:27pm

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Total Avg Compensation

October 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (39) $363
  • Associates (229) $233
  • 2nd Year Analyst (139) $155
  • 3rd+ Year Analyst (32) $149
  • Intern/Summer Associate (104) $143
  • 1st Year Analyst (504) $135
  • Intern/Summer Analyst (387) $83