Canaccord Genuity (toronto, etc..) Analyst Salary?

melissafabbro91's picture
Rank: Chimp | banana points 10

How much is the salary at a firm like Canaccord? For a beginning analyst... Also, how much would a typical bonus be?

And how much would the pay go up each year?

I would think:
1st year: 80k + 15k
2nd year: 90k + 20k
3rd year: 100K + 25k

is this a good estimate?

Gauging options...

There's been talk recently of canadian firms even paying more than most u.s. locations, and also, of course, with better job security.

Can anyone speak to this?

Comments (17)

Jan 5, 2013

Canaccord pays above the [Canadian] street. Your base salary and bonuses are incorrect. Job security and investment banking, regardless of location, is oxymoronic. If your talent cannot foster or retain relationships, the bank will not get deals done. No deals = No fees = No job for you (and I).

"Gauging options." Do you have an offer? I doubt it.

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Jan 5, 2013

Thx for the reply..

I do not currently have an offer, but I come from a target with good options and I'm currently weighing the pros and cons of going to US or prospects here that I like (personal reasons, I don't want to hear the typical "go to U.S. go to BB").

Are the base salary and bonuses for first year above my estimates? Thx

Jan 6, 2013

I work at another bank, but there is no way anyone would work there for a 15k bonus. More like 4-5x that...hours are above average than a canadian bank.

Jan 7, 2013

I had an offer from Canaccord in Boston. 60k base plus expected first year bonus of 15-20. The contract said 2nd year bonus in the range of 25-30k. Also did not include a signing bonus.

Feb 17, 2014

Canaccord toronto pays its first year analysts 70k base. Bonus changes depending on how well the firm is doing that particular year. I've heard people getting upwards of 150k total comp. Remember for these salary figures to be comp with that which you see on Wall Street, you need to take into account the current CADUSD rate, which I think is 1 CAD to ~0.90 USD.

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Feb 18, 2014
caffiend:

Canaccord toronto pays its first year analysts 70k base. Bonus changes depending on how well the firm is doing that particular year. I've heard people getting upwards of 150k total comp. Remember for these salary figures to be comp with that which you see on Wall Street, you need to take into account the current CADUSD rate, which I think is 1 CAD to ~0.90 USD.

That's a retarded way of looking at it; you're not getting paid in CAD and then spending in USD.

Feb 18, 2014

Is anyone aware of Canaccord Genuity, London office in terms of deal flow, culture, pay, exit opps, etc etc?

Aug 28, 2014
trefitz1:

Is anyone aware of Canaccord Genuity, London office in terms of deal flow, culture, pay, exit opps, etc etc?

I second this. Anyone know or have an educated guess considering how they are rated with other similar sized banks in London?

Oct 18, 2014

Bump

Oct 18, 2014

For what location? I hear some offices are sweatshops

Oct 18, 2014

What location are you speaking off ?

Oct 18, 2014

Toronto or NYC?

Oct 18, 2014

who cares? they're canadian

on a serious note: pay is below street, and some offices are sweatshops (as said above)

Oct 18, 2014

Not sure about Toronto but NYC they have a very limited presence though the shop seems to be growing its tech practice a fair deal.

Oct 18, 2014

What about London? They seem to show up in UK M&A league tables, seem to do a lot of mid market deals.

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Oct 18, 2014
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