What are the salaries in London for Middle Market boutiques at Analyst level?

I would like to know how is the compensation in London outsideBBand Elite Boutiques.

Could anyone please provide me with some insights on the salary levels in London for Middle Market boutiques (Baird,CanaccordGenuity,Stout Risius Ross,FTPartners,William Blair,Stifel, Stephens, Alantra,布莱恩·加尼叶, Lincoln,Duff& Phelps,Houlihan Lokey, goetzpartners, Zaoui & Co, Cantor Fitzerald,Harris Williams...) at analyst level?

It would be great if you can provide me with a breakdown (base, bonus, total comp) and the progression from analyst I to Analyst III or Associate I.

I can imagine not all companies will pay the same, but I just want to know an estimation of average figures.

Do you know if these figures differ a lot compared to salaries at big4 advisory arms?

Comments (8)

  • ProspectinIB - Gen
Sep 27, 2021 - 10:34am

Only 15K bonus?

I thought average compensation for A1 in London was 85k at BB and Elite Boutique, so I expected MM compensation to be around 72-75k.

These numbers are quite disappointing, I hope your friend does not work more than 65-70h per week.

  • Associate 1inPE - LBOs
Sep 27, 2021 - 12:12pm

85-95 inBBfollowing pay bumps. 105-130 atEB.

  • ProspectinIB - Gen
Sep 27, 2021 - 7:11pm

GBP 130k for a first year analyst in London? Are you sure about that? Because I have a friend atEvercore, and no way he makes that much.

  • Associate 1inPE - LBOs
Sep 28, 2021 - 12:33am

PJT paid £115-120 even before the pay bumps in London. Post bumps that's going to likely be £130 with next year's bonus cycle (base went from £50 to £70, I think the bonus will likely slightly fall from £65/70 to £60).

I've heard anecdotally that just like in the US, Centerview pay is crazy too, I'd probably guess it's another £10-15k more from PJT -- but that I'm not 100% sure about.

  • Analyst 1inIB-M&A
Oct 1, 2021 - 12:46pm

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