Comments (31)

  • Analyst 2 in IB - CB
May 11, 2020

I would wait for the interns to chip in

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Most Helpful
  • Intern in IB - Ind
May 11, 2020

very common, I made 7 figures as an intern(top BB in Zimbabwe - think GS/MS/UBS)

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May 12, 2020
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  • Intern in IB - Ind
May 12, 2020

think you missed the joke buddy

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May 14, 2020

I think this is the hardest I've laughed all week--thanks for this

  • Associate 1 in PE - LBOs
May 11, 2020

Rumor has it that Justine Tobin cracked 7 figures the day she was born.

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  • Analyst 1 in 
May 12, 2020

7 figure salaries are pretty usual for the likes of John Pierpont Morgan

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May 12, 2020

Just as likely as the chances of me losing my virginity.

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May 12, 2020

Joke is on you. Virginity lost to Paulo Dybala

May 12, 2020

Exactly 14.7% of bankers make 7 figures. No more, no less.

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May 12, 2020

More curious what the stat is if you don't count junior bankers though.

Debt is like the wind...always by my side.

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  • Intern in IB-M&A
May 12, 2020

Realistically, most MDs that are closing deals consistently at reputable banks will be clearing 7 figures.

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Controversial
  • VP in PE - LBOs
May 12, 2020

Apparently Jefferies associates make 7 figs

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  • Analyst 3+ in IB - Ind
May 12, 2020

Yes but what you don't understand is they CORNERED the MARKET and printed 2 DEALS PER WEEK and literally pissed OIL out of their DICKS for that bonus!

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  • VP in PE - LBOs
May 12, 2020

I mean one of their analysts literally killed a guy so makes sense

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May 12, 2020

John Jefferies the founder of Jefferies was, in fact, the first human to ever merge two energy companies

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  • Incoming Analyst in IB - Gen
May 12, 2020

lmao I just finished reading this

  • Analyst 1 in PE - Other
May 13, 2020

Can someone eplain this to me, read that Jeff associates in Houston made a mil bonus / hours a insane there but not sure if it's a pun or actually true. Thanks haha

  • VP in PE - LBOs
May 13, 2020

Oh it's most definitely not a pun.

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May 12, 2020

Safe assumption that most IB MDs at BB/EB are clearing seven figures around the $1-$3m mark. In the UK, the mandated releases of "risk taker" compensation by banks show basically 70% are within the PS1m-PS1.5m band.

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May 12, 2020
  • Most MDs in Banking/S&T and Partners at reputable private capital firms are probably in 7 fig territory every year.
  • PMs of sizeable ($250-300M+) pods and their top analysts (with P&L linkage) at multi-managers (if they're performing) also are.
  • Partners and Analysts (senior, with P&L linkage) in large single managers are (if the fund is performing above high water mark)
  • PMs (with a fund universe that has considerable AUM) at major AM firms probably are
  • Top tier (i.e. II ranked) sellside analysts are

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May 13, 2020

Saw a post on here a while a go about EB pay for MDs. They can negotiate 30%-40% of their success fees. One guy said a MD at his shop made $20M because of the contract he negotiated.

  • Intern in IB-M&A
May 13, 2020

Become the next Michael Milken and profit

May 13, 2020

90% of MD's will clear 7 figures in a year. Average is anywhere from 1 - 3m. Rainmakers probably 10m+.

Source: I used to sit on the floor across from business analysts who did comp at a MM and I got a peek once. Yes, there are people who are paid $10m+ cash. But that's essentially 1 in every 100 MDs.

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  • Associate 3 in IB - Gen
May 13, 2020

This is correct. On an all-in basis, if you're regularly under a million as an MD (assuming you're not in your first year or so in the role), you're probably getting laid off. The median for BB/UMM is probably between ~$1.5-$2.0. Top 10% for BB/UMM is probably >$3.0. EBs have direct drive so while the median might be not that much higher than BB, they have outliers making low 8 figures some years.

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  • Business School in IB - Gen
May 17, 2020

Can you explain what you mean by "direct drive" at the EBs?

  • Associate 1 in IB - Gen
May 17, 2020

I'm guessing it's the eat what you kill model. If you're MD on a deal that closes, you get a set percentage of that.

May 16, 2020
Comment
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May 18, 2020