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.
Figures re-verified July 2026 against 2025-26 bonus-cycle data · By the Superday AI editorial team
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$110,000
$185,000 - $215,000
$380,000 - $430,000
Analysis
Raine Group is estimated to pay first-year analysts a $110,000 base plus a $10,000 signing bonus, with total first-year compensation around $185K-$215K for the 2025-26 cycle, carrying merchant banking upside on top of advisory fees.
Key facts
- First-year analysts earn an estimated $110,000 base salary and a $10,000 signing bonus.
- Estimated first-year year-end bonuses run $65K-$95K, bringing total first-year comp to roughly $185K-$215K in the 2025-26 cycle.
- Second-year analyst total comp is estimated at $205K-$235K and third-year at $225K-$255K.
- First-year associates earn an estimated $185,000 base, a $55,000 signing bonus, and total comp of $380K-$430K.
- Verifiable disclosures are limited, so reported ranges are directional; the year-end bonus is discretionary, weighing individual performance and overall firm results.
Base & Bonus
First-year analysts start at an estimated $110,000 base salary with a $10,000 signing bonus. Estimated year-end bonuses range from $65K to $95K. Base salaries are in line with the broader elite boutique market, and the bonus is discretionary; verifiable disclosures are limited, so reported ranges are directional.
Total Compensation
Total first-year compensation lands at an estimated $185K-$215K in the 2025-26 cycle. By the second year, base is estimated at $125,000 with total comp of $205K-$235K, and third-year analysts reach an estimated $135,000 base and $225K-$255K total. First-year associates earn an estimated $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 is estimated to pay in the same range as other sector-focused elite boutiques like LionTree and Guggenheim. Reported compensation sits slightly below generalist peers like Moelis, but the merchant banking upside can exceed pure advisory pay. Relative to bulge bracket banks, estimated total comp is competitive, though limited disclosures make precise comparisons difficult.
Analyst Compensation
First-year analysts at Raine Group earn a base salary of $110,000 with a year-end bonus of $65,000 - $95,000, bringing total first-year compensation to approximately $185,000 - $215,000. Second-year analysts earn approximately $205,000 - $235,000 total comp, rising to $225,000 - $255,000 in the third year.
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Analyst 1 | $110,000 | $65,000 - $95,000 | $185,000 - $215,000 |
| Analyst 2 | $125,000 | $80,000 - $110,000 | $205,000 - $235,000 |
| Analyst 3 | $135,000 | $90,000 - $120,000 | $225,000 - $255,000 |
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 | $380,000 - $430,000 |
| Associate 2 | $200,000 | $160,000 - $210,000 | $360,000 - $410,000 |
How Raine Group Compares
Raine is estimated to pay in line with sector-focused elite boutiques like LionTree and Guggenheim. Reported compensation sits slightly below generalist peers like Moelis, but merchant banking upside 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. Verifiable analyst-level disclosures are limited, so the ranges shown are directional estimates rather than confirmed figures.
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 $65,000 - $95,000, bringing total compensation to approximately $185,000 - $215,000.
How do Raine Group bonuses compare to other Elite Boutique banks?
Raine is estimated to pay in line with sector-focused elite boutiques like LionTree and Guggenheim. Reported compensation sits slightly below generalist peers like Moelis, but merchant banking upside 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)