Moelis & Company Analyst & Associate Salary
Complete compensation breakdown for investment banking professionals at Moelis & Company, including base salary, bonuses, and total compensation at every level.
Last updated April 2026 · By the Superday AI editorial team
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$110,000
$220,000 - $265,000
$415,000 - $485,000
Analysis
Moelis & Company Comp: Bucket Dispersion, Peer Comparison & Exit Math
Moelis pays at the top of the Street for analyst and associate compensation and is consistently grouped with PJT, Centerview, and Evercore in any conversation about elite boutique pay. Reported first-year analyst all-in cash compensation has been in the high-$190Ks to low-$200Ks in strong years, with base salaries matching the Street grid and bonuses in the $80K to $115K range for top-bucket performers.
Moelis is publicly listed and discloses aggregate compensation expense in its filings; the compensation-to-revenue ratio has historically tracked in the 60% to 70% range. The firm pays cash bonuses on a calendar-year cycle, typically in March, with stock awards layered in for senior associates and above. One feature that distinguishes Moelis at the senior level is the firm's equity ownership structure — partners hold a meaningful equity stake.
Restructuring bankers are paid on parity with M&A bankers. Two-and-out exits to private equity, hedge funds, and growth equity are common, and the firm's analyst program has a strong track record of placing into megafund private equity seats.
Analyst Compensation
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Analyst 1 | $110,000 | $100,000 - $145,000 | $220,000 - $265,000 |
| Analyst 2 | $125,000 | $120,000 - $165,000 | $245,000 - $290,000 |
| Analyst 3 | $135,000 | $130,000 - $180,000 | $265,000 - $315,000 |
Associate Compensation
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Associate 1 | $200,000 | $140,000 - $210,000 | $415,000 - $485,000 |
| Associate 2 | $225,000 | $170,000 - $250,000 | $395,000 - $475,000 |
How Moelis & Company Compares
Moelis sits in the elite boutique tier alongside PJT Partners and Lazard. Bonuses run 30-45% above Goldman, Morgan Stanley, and JPMorgan, and meaningfully exceed Bank of America and Citi.
Benefits & Perks
Meals & Transportation
Dinner provided, car service after 9pm
Moelis & Company Compensation Overview
Moelis & Company delivers elite boutique compensation with an entrepreneurial twist. As a publicly traded independent advisory, Moelis balances high bonuses with a culture of ownership and long-term thinking. First-year bonuses typically range $110-130K, with top performers in strong sectors reaching $145K. The firm's sector-focused model means analysts in hot industries (tech, healthcare, consumer) can see outsized bonuses. Moelis emphasizes meritocracy and early responsibility, with analysts working directly on CEO-level pitches and execution. The partnership track is accessible for top performers, creating incentives beyond pure compensation. While hours are intense, the firm's flat structure and direct economics from advisory fees support strong pay.
Frequently Asked Questions
What is the total compensation for a first-year analyst at Moelis & Company?
First-year analysts at Moelis & Company earn a base salary of $110,000 with a year-end bonus of $100,000 - $145,000, bringing total compensation to approximately $220,000 - $265,000.
How do Moelis & Company bonuses compare to other Elite Boutique banks?
Moelis sits in the elite boutique tier alongside PJT Partners and Lazard. Bonuses run 30-45% above Goldman, Morgan Stanley, and JPMorgan, and meaningfully exceed Bank of America and Citi.
Does Moelis & Company pay overtime?
No, Moelis & Company does not pay overtime. Compensation is structured as base salary plus discretionary year-end bonuses.