Elite Boutique Analyst 3 makes more than an Associate 2 at JPM

Elite Boutique Analyst 3 makes more than an Associate 2 at JPM

Why? Why does some kid 3 yrs out of college generating more guap than me a second year big baller at JP Morgan. Why is my base salary less than my peers at middle market and lower bulges? Seriously why does a dude in NC Charlotte get a higher base than me at a Tier 1 city where you need to be a kardashian to buy a 1 bedroom apartment?

Please Jamie Dimon raise the base salary for associates. We can't afford to hangout with our friends at Jefferies and UBS!!!!!

Comments (14)

  • Analyst 1 in IB - Cov
Jan 13, 2022 - 9:19pm

Nah lol this is actually their Asso 2 IBD comp for all coverage/product groups
CVP AN3 is 360K all in. JPM Asso 2 definitely makes less than that.

  • Analyst 2 in ER
Jan 13, 2022 - 4:26pm

Jamie Dimon: "We need everyone back in NYC and the office for ~Cultural Reasons~"

*Proceeds to continually diminish morale among juniors and refuse to pay street level comp*

Jan 13, 2022 - 7:43pm

Fjsjrjdns

It's amazing that anyone, especially post-MBAs, would recruit for a BB over EBs. If you only stayed ~3yrs in banking at the Aso level, the delta in pay during that time is now $300-$500k+, and only widens as you get to VP. But hey, I guess I can never say I worked at THE Goldman Sachs.

Some people just want to get GS/MS on their resume and exit. I would assume BB's brand name and network helps, especially if you're a post-MBA moving to corporate after.

Jan 13, 2022 - 8:25pm

Plus it's still possible to move from BB to EB as a VP but nigh on impossible the other way around

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  • Associate 2 in IB-M&A
Jan 13, 2022 - 11:07pm

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Total Avg Compensation

January 2022 Investment Banking

  • Director/MD (5) $604
  • Vice President (20) $379
  • Associates (143) $238
  • 2nd Year Analyst (84) $153
  • 3rd+ Year Analyst (15) $150
  • 1st Year Analyst (295) $142
  • Intern/Summer Associate (63) $143
  • Intern/Summer Analyst (225) $90