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Salary

How much does a Investment Banker make?

The average salary for a Investment Banker is $144,224 per year in the US.

Investment bankers work in a fast-paced environment, helping companies raise capital and advising on mergers and acquisitions. They earn a solid income, with the average yearly salary being around $144,224. This figure can vary based on experience and location. For instance, those in the top 10% of earners can make over $266,000 annually.

The salary range for investment bankers is quite broad. Entry-level positions may start at about $52,500 per year. As experience grows, so does the salary. Mid-career investment bankers can earn between $95,000 and $159,000. Senior positions often see salaries exceeding $200,000 per year. Bonuses and other incentives can also add to the total earnings, making this career financially rewarding.

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What are the highest paying cities for a Investment Banker?

Investment bankers can find some of the best salaries in Hartford, CT, where the average pay is over $239,000. Stamford, CT, and San Francisco, CA, also offer high earnings, with average salaries around $210,000 and $196,000, respectively. Cities like Miami, FL, and Philadelphia, PA, provide competitive pay, with salaries around $181,000.
Graph displaying highest paying cities salaries for Investment Banker jobs, highlighting Hartford, CT with the highest at $239,838 and Houston, TX with the lowest at $172,069.
  1. Hartford, CT
    Average Salary: $239,838
    In Hartford, professionals thrive in a vibrant financial sector. Major firms like MassMutual and Hartford Financial Services offer dynamic roles. The city's business environment fosters growth and innovation.
    Find Investment Banker jobs in Hartford, CT


  2. Stamford, CT
    Average Salary: $210,217
    Stamford boasts a thriving financial hub with key players like Blackstone and Evercore. Working here means access to top-tier opportunities. The city's business culture is both competitive and collaborative.
    Find Investment Banker jobs in Stamford, CT


  3. San Francisco, CA
    Average Salary: $196,571
    San Francisco is a bustling financial center with giants like Goldman Sachs and J.P. Morgan. Professionals here enjoy a fast-paced environment and diverse opportunities. The city's tech-savvy culture enhances career prospects.
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  4. Miami, FL
    Average Salary: $181,799
    Miami offers a dynamic financial landscape with firms like Bank of America and Raymond James. The city's vibrant economy attracts talent. Working here means being part of a growing financial hub.
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  5. Philadelphia, PA
    Average Salary: $181,306
    In Philadelphia, professionals work in a historic financial center. Companies like Vanguard and PECO Energy provide solid opportunities. The city's rich business history offers a unique work environment.
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  6. Tampa, FL
    Average Salary: $174,285
    Tampa features a growing financial sector with firms like Raymond James and TIAA. The city's expanding economy offers promising career paths. Working here means being part of a thriving business community.
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  7. Baltimore, MD
    Average Salary: $173,515
    Baltimore has a strong financial sector with key players like Legg Mason and T. Rowe Price. Professionals here enjoy a mix of tradition and innovation. The city's business environment is both supportive and challenging.
    Find Investment Banker jobs in Baltimore, MD


  8. Charlotte, NC
    Average Salary: $172,910
    Charlotte is a major financial hub with giants like Bank of America and Wells Fargo. Working here means access to top-tier opportunities. The city's business culture is both dynamic and collaborative.
    Find Investment Banker jobs in Charlotte, NC


  9. Raleigh, NC
    Average Salary: $172,480
    Raleigh offers a growing financial sector with firms like RBC and Fidelity. The city's expanding economy provides promising career paths. Working here means being part of a vibrant business community.
    Find Investment Banker jobs in Raleigh, NC


  10. Houston, TX
    Average Salary: $172,069
    Houston is a key financial hub with major firms like JPMorgan Chase and Goldman Sachs. Professionals here enjoy a fast-paced environment. The city's diverse economy offers numerous opportunities.
    Find Investment Banker jobs in Houston, TX

What are the best companies a Investment Banker can work for?

UBS leads the pack with an average salary of $271,759 for Investment Bankers. Bank of America follows closely, with a competitive average salary of $259,318. PwC, Barclays, and Citi also offer attractive compensation packages, with average salaries ranging from $232,735 to $221,323. Scotiabank, Deloitte, and Truist provide solid opportunities for Investment Bankers, with average salaries around $215,474. Lazard and Selby Jennings round out the list, offering average salaries of $185,000 and $177,727, respectively. These companies provide a range of options for those seeking rewarding careers in investment banking.
Graph displaying best paying company salaries for Investment Banker jobs, highlighting UBS with the highest at $271,759 and Selby Jennings with the lowest at $177,727.
  1. UBS
    Average Salary: $271,759
    UBS offers exciting roles for Investment Bankers in cities like New York, London, and Zurich. They focus on mergers, acquisitions, and capital raising. UBS is known for its strong client base and innovative financial solutions.


  2. Bank of America
    Average Salary: $259,318
    Bank of America provides Investment Bankers with opportunities in major financial hubs such as New York, Los Angeles, and Chicago. They work on a wide range of financial services, including underwriting and advisory roles. The company values teamwork and client focus.


  3. PwC
    Average Salary: $232,735
    PwC offers Investment Banker positions in cities like New York, London, and Sydney. They focus on advisory services, helping clients with mergers, acquisitions, and financial restructuring. PwC is known for its professional development and global reach.


  4. Barclays
    Average Salary: $230,451
    Barclays provides Investment Banker roles in major financial centers such as New York, London, and Dubai. They work on a variety of financial services, including underwriting and capital markets. Barclays emphasizes innovation and client service.


  5. Citi
    Average Salary: $221,323
    Citi offers Investment Banker positions in cities like New York, London, and Hong Kong. They focus on a range of financial services, including mergers, acquisitions, and capital markets. Citi is known for its global presence and diverse client base.


  6. Scotiabank
    Average Salary: $215,474
    Scotiabank offers Investment Banker roles in cities like Toronto, New York, and Miami. They focus on advisory services, helping clients with mergers, acquisitions, and financial restructuring. Scotiabank values teamwork and client focus.


  7. Deloitte
    Average Salary: $211,704
    Deloitte provides Investment Banker positions in cities like New York, London, and Sydney. They focus on advisory services, helping clients with mergers, acquisitions, and financial restructuring. Deloitte is known for its professional development and global reach.


  8. Truist
    Average Salary: $210,577
    Truist offers Investment Banker roles in cities like Charlotte, New York, and Atlanta. They focus on a range of financial services, including mergers, acquisitions, and capital markets. Truist emphasizes innovation and client service.


  9. Lazard
    Average Salary: $185,000
    Lazard provides Investment Banker positions in cities like New York, London, and Paris. They focus on advisory services, helping clients with mergers, acquisitions, and financial restructuring. Lazard is known for its expertise and client focus.


  10. Selby Jennings
    Average Salary: $177,727
    Selby Jennings offers Investment Banker roles in cities like New York, San Francisco, and Boston. They focus on middle-market advisory services, helping clients with mergers, acquisitions, and financial restructuring. Selby Jennings values teamwork and client focus.

How to earn more as a Investment Banker?

Investment banking is a competitive field where earning potential can vary greatly. To maximize earnings, professionals should focus on several key areas. Building a strong network of industry contacts can open doors to higher-paying opportunities. Gaining experience with complex financial transactions and mastering key skills can also lead to higher compensation. Staying updated on market trends and continuously improving one's expertise are crucial for long-term success.

Here are some factors that can help an investment banker earn more:

  1. Gain Experience: More experience leads to higher positions and salaries. Working on diverse projects can build a strong portfolio.
  2. Develop Key Skills: Mastering skills like financial modeling, deal structuring, and client relationship management can make a banker more valuable.
  3. Build a Network: Networking with industry professionals can lead to better job opportunities and higher pay.
  4. Stay Updated: Keeping up with industry trends and regulations can help a banker stay competitive and attract higher-paying roles.
  5. Seek Advanced Degrees: Obtaining an MBA or other advanced degrees can open doors to higher-paying positions.

Currently 202 Investment Banker job openings, nationwide.

How's the job market for a Investment Banker in the US?

Learn what a Investment Banker does, how to become one, and understand the job outlook. Get simple steps to start your career as a Investment Banker today.
Position
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Investment Banker
202 Job Openings