Earnings
Total compensation for investment bankers varies greatly based on the size and prestige of one’s employer. According to ZipRecruiter.com, investment bankers earned an average salary of $118,333 in February 2025. Salaries ranged from $99,500 or less to $151,500 or more. The Web site mergersandacquisitions.com reported the following base salary ranges (not including bonuses) for different New York-based front-office roles:
- analyst ($120,000-$120,000 base salary)
- associate ($175,000-$225,000)
- vice president ($250,000-$300,000)
- director ($300,000-$350,000)
- managing director ($400,000-$600,000)
Investment bankers also receive benefits such as bonuses, paid vacation days and sick leave, health and life insurance, a 401(k) or other retirement savings plan, dinner stipends (for after-hours work), and reimbursement for travel to and from work.
Related Professions
- Accountants
- Auditors
- Chief Executive Officers
- Chief Financial Officers
- Commodities Brokers
- Compliance Managers
- Financial Analysts
- Financial Consultants
- Financial Institution Officers and Managers
- Financial Institution Tellers, Clerks, and Related Workers
- Financial Quantitative Analysts
- Financial Services Brokers
- Hedge Fund Investor Relations Specialists
- Hedge Fund Relationship Managers
- Investment Banking Analysts
- Investment Banking Associates
- Investment Banking Sales Brokers
- Investment Banking Traders
- Investment Fund Managers
- Investment Professionals
- Investment Underwriters
- Mergers and Acquisitions Attorneys
- Mutual Fund Wholesalers
- Private Bankers
- Regulatory Affairs Managers
- Regulatory Affairs Specialists
- Wealth Management Associates
- Wealth Management Investor Relations Specialists
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