I am currently working in Big 4 accounting(3 years experience, CPA etc..). I have an offer for an equity research position at a middle market firm(think Jefferies, Thomas Weisel, etc..). I understand this is a tough year and the market sucks but what is the normal pay and pay progression for an ER associate at a firm like the previous ones I mentioned? Thanks for the info.
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some firms pay their associates BB level bonuses, whereas other smaller firms typically pay their associates peanuts until they move up to the senior position. a big part of the compensation equation lies in how active their banking group is and how much they contribute to the overall bonus pool. if their bankers are no good, then don't expect to get paid much as an associate.
i heard key banc sucks. regional bank located in cleveland
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