Base pay at lower middle market Investment Banks? Cowen, Raymond James, Wunderlich Canaccord

What would you guys say is the starting base salary for 1st and 2nd year IB analysts of these types of banks? Not 10-15 man boutiques but full-platform banks with some (usually limited) research platforms that does both cap markets and advisory?

I know the bulge brackets now start at $80-85k correct? Would it be safe to assume for these shops a 1st year is 75k and a 2nd year is 80? Or is it more like 70 and 75 for 2nd years?

Comments (5)

Aug 22, 2015

Anyone at all have insight into these shops like Maxim, H.C. Wainwright, etc?

Aug 22, 2015

I know rj is the typical 85-90-95 with bonuses comparable with most firms.

Aug 22, 2015

Thanks dude. RJ is on the bigger end of the scale to these guys. Anyone have info on the smaller guys?

Aug 23, 2015

Yeah I wouldn't say Raymond James is a lower MM. Not sure on the others besides RJ, but the above was correct

Aug 22, 2015