Guggenheim Partners Analyst & Associate Salary
Complete compensation breakdown for investment banking professionals at Guggenheim Partners, including base salary, bonuses, and total compensation at every level.
Figures re-verified July 2026 against 2025-26 bonus-cycle data · By the Superday AI editorial team
Preparing for Guggenheim Partners? Practice with Real Questions
Master the technical and behavioral questions to maximize your chances.
$110,000
$175,000 - $205,000
$375,000 - $425,000
Analysis
Guggenheim Partners pays first-year analysts roughly $175K to $205K in total compensation for the 2025-26 cycle, below the elite boutique leaders and closer to top bulge bracket levels.
Key facts
- Guggenheim first-year analysts earn a $110,000 base salary plus a $10,000 signing bonus.
- First-year year-end bonuses run $55K to $85K, producing total first-year compensation of roughly $175K to $205K for the 2025-26 cycle.
- By AN3, Guggenheim analyst total compensation reaches $215K to $245K.
- Guggenheim first-year associates earn packages of $375K to $425K.
- Guggenheim's investment management platform holds more than $200B in AUM, diversifying revenue that funds bonus pools.
Base & Bonus
First-year analysts start at a $110,000 base salary plus a $10,000 signing bonus. Year-end bonuses range from $55K to $85K. The bonus distribution reflects the firm's meritocratic culture, with meaningful differentiation based on individual performance and deal contribution.
Total Compensation
Total first-year compensation lands at roughly $175K to $205K for the 2025-26 cycle. By AN3, total comp reaches $215K to $245K. First-year associates earn packages of $375K to $425K.
How It Compares
These figures place Guggenheim below the Evercore and Centerview ceiling — and below Moelis and PJT — closer to top bulge bracket levels. For candidates who value intellectual breadth and a non-conventional advisory environment, Guggenheim offers pay broadly competitive with the bulge brackets, with differentiation coming from mandate quality.
What Drives Pay
Guggenheim's compensation is inseparable from its business model. The firm's investment management platform, with more than $200B in AUM, provides revenue diversification that stabilizes bonus pools across market cycles, an advantage pure advisory boutiques cannot replicate. In soft advisory years that revenue provides a cushion, and in strong years the combined base supports aggressive compensation. The perks package includes overtime compensation, meal and transportation benefits, full healthcare, and 401(k) contributions.
Guggenheim Partners Comp: Bucket Dispersion, Peer Comparison & Exit Math
Guggenheim Securities pays competitive cash compensation for juniors, though 2025-26 cycle figures place it below the elite boutiques it is often grouped with. Reported first-year analyst all-in cash compensation runs $175K to $205K — roughly $190K at the mid — with base salaries at the Street grid level and year-end bonuses in the $55K to $85K range, top-bucket analysts landing at the upper end.
Because Guggenheim Partners is privately held, firm-level compensation disclosures are not public in the way they are for Moelis, PJT, or Perella Weinberg. The compensation philosophy reflects the senior-heavy culture and the absence of quarterly earnings pressure on compensation ratios.
The firm pays cash bonuses on a calendar-year cycle. Restructuring bankers are paid on parity with M&A bankers. The trade-off candidates flag is that the pay comes with the staffing intensity that lean teams require — but two-and-out exit placement into top private equity firms has been strong.
Analyst Compensation
First-year analysts at Guggenheim Partners earn a base salary of $110,000 with a year-end bonus of $55,000 - $85,000, bringing total first-year compensation to approximately $175,000 - $205,000. Second-year analysts earn approximately $195,000 - $225,000 total comp, rising to $215,000 - $245,000 in the third year.
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Analyst 1 | $110,000 | $55,000 - $85,000 | $175,000 - $205,000 |
| Analyst 2 | $125,000 | $70,000 - $100,000 | $195,000 - $225,000 |
| Analyst 3 | $135,000 | $80,000 - $110,000 | $215,000 - $245,000 |
Methodology: year-1 totals are base + signing + first full-year bonus for the 2025-26 cycle, compiled from self-reported data (WSO bonus threads, H1B filings, Levels.fyi, Glassdoor). Bucket spread at the same bank can run $30-50K top to bottom; figures for firms with limited public disclosures, and year 2+ and associate rows, are directional estimates.
Associate Compensation
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Associate 1 | $185,000 | $140,000 - $190,000 | $375,000 - $425,000 |
| Associate 2 | $200,000 | $160,000 - $210,000 | $360,000 - $410,000 |
How Guggenheim Partners Compares
Guggenheim pays below Evercore, Centerview, Moelis, and PJT Partners, with 2025-26 totals landing closer to top bulge bracket levels. The firm's restructuring focus creates different bonus dynamics than M&A-only peers, with cyclical variation based on distressed market activity.
Benefits & Perks
Meals & Transportation
Dinner expense reimbursement after 8pm, car service for late nights after 10pm
Guggenheim Partners Compensation Overview
Guggenheim's compensation strategy reflects its position as a diversified financial services firm with strong restructuring and advisory franchises. The firm emphasizes performance-based bonuses tied to deal contribution rather than strict lockstep progression. Analysts working on complex restructuring mandates often see bonuses at the higher end of ranges due to transaction complexity and client billing rates. The firm's smaller class sizes mean individual performance has more direct impact on year-end outcomes. For the 2025-26 cycle, all-in first-year pay centers around $190K — below the Evercore and Centerview tier the firm is often grouped with — while exposure to the firm's broader asset management and insurance businesses creates unique career optionality that justifies slightly more variable compensation structures than pure-play M&A shops.
Frequently Asked Questions
What is the total compensation for a first-year analyst at Guggenheim Partners?
First-year analysts at Guggenheim Partners earn a base salary of $110,000 with a year-end bonus of $55,000 - $85,000, bringing total compensation to approximately $175,000 - $205,000.
How do Guggenheim Partners bonuses compare to other Elite Boutique banks?
Guggenheim pays below Evercore, Centerview, Moelis, and PJT Partners, with 2025-26 totals landing closer to top bulge bracket levels. The firm's restructuring focus creates different bonus dynamics than M&A-only peers, with cyclical variation based on distressed market activity.
Does Guggenheim Partners pay overtime?
Yes, Guggenheim Partners does pay overtime to eligible analysts, which can meaningfully increase total compensation.
More Guggenheim Partners Resources
Sources
- Guggenheim Partners - Careers. Guggenheim Partners (accessed 2026-05-14)
- Johnson Associates - Compensation Reports. Johnson Associates (accessed 2026-05-14)
- Wall Street Bonus Pool to Grow as Bank Revenue Boosted by Rally (2025). Bloomberg (accessed 2026-05-14)