Question for iBanking professionals: what does comp range look like at the MD (or partner equivalent) level for ibankers in the US? I’ve checked several online forums and resources, and their comp...

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Front office: $1m+ at a top firm. $600k+ at T2. Less at T3.

Back office: $350k+

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This would suggest its equal or less than MBB partner compensation, would you agree?

...seems to be similar to an MBB partner or senior partner (1-2M all in). Is this accurate? If not, can you point out better resources or ranges?

It’s 2-4m

3-6M

This is true for the few that I know

Data point from friend at JEF IBD: ~$1M

Wide range based on own research. Low end probably close to 1mm since tenured directors can get 800k. Then it can go up to 10mm or more for group heads (so not run of the mill MD). For example there are always rumors of group heads that get poached that get 10mm comp guaranteed (otherwise it is variable based on performance). So maybe entry level MD vs. MBB entry partner get a few hundred k more (have read somewhere that entry MBB partner is like 700k). And senior MDs get a few million more than senior MBB partners. But at that level for both IB comp and MBB comp will have a wide range and be based on sales and revenues for the individual, so averages won't be as useful. Here is an article that talks about the 10mm pay guarantee.

https://in.reuters.com/article/instant-article/idUSBRE93F04E20130416

Thanks all! If anyone has additional articles or forums that would be greatly appreciated!

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