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I ruined my life
My buddy and I were pretty competitive at B-School and I decided to pursue PM-ing at big tech and he joined Evercore. He became VP M&A a year ago in NY. I am wondering how much he makes. TC:550K Edit: Based on the responses it seems we did equally well. Not surprised and I am looking forward to our class reunion post Covid ☺️. #ib #Investmentbank #m&a
Anywhere from 450-650k depending on how many years he's been a VP and performance. Evercore is in the tier of the absolute best investment banks to be in
Associate 1 is 325k-350k. About 50k increase per year. VP about 500-750k.
Probably around 700k and depending the performance upto 1.1mil
So did you win OP?
Realizing how crap VP money is at BoFA - 350 to 550
Clarifying here - for IB? And this year?
For IB. Director low end at $350/$400 in IB coverage. Huge ranges
Funny that no one from Evercore is on blind to answer the Q
Evercore responded
550-750k. But they work twice as many hours as a Tech PM does!
2Y Associates make 180k base + 180k cash bonus + 40-45k stock. 1Y VP base is 240k + 250k cash bonus + 75k stock
Thanks!
What's the range for third year ASO?
Just ask him.
Probably between apprx. $500-750k TC w/ a $225-250 base. Depends what year VP he is.
Well everyone’s a VP in banking.
That's not for investment banking. IB has a very defined VP role
Exactly! All other VP roles are namesake titles barely making 130K in base.