MiFid II (+3 years later) ER Comp Outlook
Since it's been ~3 years since MiFid II, curious to hear insights into the outlook in comp forroles.
Right now it seems that for/MM/Ebs, first year Associates comp is in the $110k range; VPs 200k - 250k and MDs clearing $500k to $1m
Mergers & Inquistions.com has a 2019 article explaining that people should avoid ER due to potential for compensation to fall with the unbundling. Wondering how accurate/representative this is compared to what the Street is seeing.
Has anyone seen this happen 3 years later? Are these comp ranges accurate? And what are your thoughts on ER comp outlook moving forward?