What is a reasonable base salary, and TC, for an Equity Research Analyst in a HCOL city for someone with 4 YOE (none of which were in equity research)?

TIA!

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How transferable are the skills in your previous 4 YOE? You’re likely considered a first year associate so 100k base (if top banks) and ~25-35k bonus maybe

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As an ex sell sider now on the buyside, can confirm - would prefer my path than being at Deloitte

I would offer an alternative perspective and ask for more. $125k+$30-40k bonus.

Depends on alot of factors. Industry of coverage, prestige of lead analyst, size/name of bank (there are big banks that pay like crap and small banks/research shops that pay well). Shoot high they won’t NOT give you an offer if you ask for too much. Generally speaking they try to get talent.

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Top ranked teams at BBs in sectors with ipo activity should be offering you closer to 180-200 all in. Lower if the sector is crappier in terms of HF trading or capital markets (e.g., paper and packaging) / if the analyst sucks / the company pays poorly

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