Raine Group Analyst & Associate Salary
Complete compensation breakdown for investment banking professionals at Raine Group, including base salary, bonuses, and total compensation at every level.
Last updated April 2026 · By the Superday AI editorial team
Preparing for Raine Group? Practice with Real Questions
Master the technical and behavioral questions to maximize your chances.
$110,000
$NaN - $NaN
$NaN - $NaN
Analysis
Raine Group pays first-year analysts a $110,000 base plus a $12,000 signing bonus, with total first-year compensation of roughly $237K-$285K in 2026 carrying merchant banking upside on top of advisory fees.
Key facts
- First-year analysts earn a $110,000 base salary and a $12,000 signing bonus.
- First-year year-end bonuses run $95K-$135K, bringing total first-year comp to roughly $237K-$285K in 2026.
- Second-year analyst total comp is $235K-$275K and third-year is $255K-$295K.
- First-year associates earn a $185,000 base, a $55,000 signing bonus, and total comp of $380K-$430K.
- The year-end bonus is discretionary, weighing both individual performance and overall firm results.
Base & Bonus
First-year analysts start at a $110,000 base salary with a $12,000 signing bonus. Year-end bonuses range from $95K to $135K. Base salaries are in line with the broader elite boutique market, and the bonus is discretionary, reflecting both individual performance and overall firm results.
Total Compensation
Total first-year compensation lands at roughly $237K-$285K in 2026. By the second year, base rises to $125,000 with total comp of $235K-$275K, and third-year analysts reach a $135,000 base and $255K-$295K total. First-year associates earn a $185,000 base, a $55,000 signing bonus, and $380K-$430K total.
What Drives Pay
Raine runs two revenue streams: advisory fees and investment returns. This dual model can produce strong upside in years when the investment portfolio performs well alongside active deal flow. Bonuses reflect the firm's performance across both activities, so compensation tracks the merchant banking results as much as the deal pipeline.
How It Compares
Raine pays competitively with other sector-focused elite boutiques like LionTree and Guggenheim. Compensation is slightly below generalist peers like Moelis, but the merchant banking upside can exceed pure advisory pay. Relative to bulge bracket banks, total comp is competitive and potentially higher on a per-banker basis given the lean team structure and focus on high-value TMT transactions.
Analyst Compensation
First-year analysts at Raine Group earn a base salary of $110,000 with a year-end bonus of $NaN - $NaN, bringing total first-year compensation to approximately $NaN - $NaN. Second-year analysts earn approximately $NaN - $NaN total comp, rising to $NaN - $NaN in the third year.
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Analyst 1 | $110,000 | $NaN - $NaN | $NaN - $NaN |
| Analyst 2 | $125,000 | $NaN - $NaN | $NaN - $NaN |
| Analyst 3 | $135,000 | $NaN - $NaN | $NaN - $NaN |
* Stub bonus of $NaN - $NaN may apply for analysts starting mid-year.
Associate Compensation
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Associate 1 | $185,000 | $NaN - $NaN | $NaN - $NaN |
| Associate 2 | $200,000 | $NaN - $NaN | $NaN - $NaN |
How Raine Group Compares
Raine pays competitively with other sector-focused elite boutiques like LionTree and Guggenheim. Compensation is slightly below generalist peers like Moelis but offers merchant banking upside that can exceed pure advisory compensation.
Benefits & Perks
Meals & Transportation
Unlimited meal delivery for late nights, car service after 8pm, monthly commute stipend
Raine Group Compensation Overview
Raine Group's compensation model reflects its hybrid advisory and merchant banking structure focused on the convergence of technology, media, sports, and consumer sectors. Analysts benefit from working on transformative transactions in high-growth industries while gaining exposure to Raine's principal investing portfolio. The firm's sector focus and investment approach create potential upside beyond traditional banking through merchant banking carry participation at senior levels. Raine's culture emphasizes entrepreneurial thinking and long-term value creation, with compensation designed to attract candidates passionate about the firm's core sectors. Year-end bonuses reflect both advisory deal flow and the performance of Raine's merchant banking funds, creating more variable outcomes than pure M&A shops but with meaningful upside potential.
Frequently Asked Questions
What is the total compensation for a first-year analyst at Raine Group?
First-year analysts at Raine Group earn a base salary of $110,000 with a year-end bonus of $NaN - $NaN, bringing total compensation to approximately $NaN - $NaN.
How do Raine Group bonuses compare to other Elite Boutique banks?
Raine pays competitively with other sector-focused elite boutiques like LionTree and Guggenheim. Compensation is slightly below generalist peers like Moelis but offers merchant banking upside that can exceed pure advisory compensation.
Does Raine Group pay overtime?
Yes, Raine Group does pay overtime to eligible analysts, which can meaningfully increase total compensation.
More Raine Group Resources
Sources
- Raine Group - Careers. Raine Group (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)