Compensation Data

Raymond James Analyst & Associate Salary

Complete compensation breakdown for investment banking professionals at Raymond James, including base salary, bonuses, and total compensation at every level.

Last updated April 2026 ยท By the Superday AI editorial team

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AN1 Base Salary

$95,000

AN1 Total Comp

$NaN - $NaN

ASC1 Total Comp

$NaN - $NaN

Analysis

First-year analysts at Raymond James earn a $95,000 base salary plus a roughly $6K signing bonus, with a year-end bonus of $45K-$70K bringing total first-year compensation to about $158K-$189K in 2026. Base salaries are at the industry standard, and bonuses position total compensation solidly within the middle market range. While total pay is below bulge bracket and elite boutique levels, Raymond James offers a compensation proposition that emphasizes stability, benefits, and long-term career development. The firm's diversified revenue base across investment banking, wealth management, and capital markets provides more consistent compensation than pure advisory firms, particularly in down-market years. Bonus structures are discretionary and reflect individual, group, and firm-wide performance. Compensation progression from analyst to associate is structured and transparent. One underappreciated aspect of Raymond James' compensation is the lifestyle dividend: the St. Petersburg and Nashville locations offer significantly lower costs of living than New York, and the firm's culture generally provides more predictable hours than the most intense Wall Street environments. For candidates who value total quality of life alongside competitive pay, Raymond James offers a package that is more attractive than the headline numbers alone suggest. Relative to other regional and middle market banks, Raymond James is competitively positioned and has been proactive in adjusting compensation to attract candidates from a national talent pool.

Analyst Compensation

First-year analysts at Raymond James earn a base salary of $95,000 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.

LevelBase SalaryYear-End BonusTotal Comp
Analyst 1$95,000$NaN - $NaN$NaN - $NaN
Analyst 2$110,000$NaN - $NaN$NaN - $NaN
Analyst 3$120,000$NaN - $NaN$NaN - $NaN

* Stub bonus of $NaN - $NaN may apply for analysts starting mid-year.

Associate Compensation

LevelBase SalaryYear-End BonusTotal Comp
Associate 1$145,000$NaN - $NaN$NaN - $NaN
Associate 2$160,000$NaN - $NaN$NaN - $NaN

How Raymond James Compares

Raymond James pays at the lower end of the middle market tier, below Jefferies, Houlihan Lokey, and Piper Sandler but comparable to Stifel. The firm's culture and work-life balance provide significant non-monetary value.

Benefits & Perks

Meals & Transportation

Dinner expense reimbursement when working late, car service in major offices after 9pm

Health and wellness benefits
401(k) with matching
Strong work-life balance focus
Professional development programs
Regional office flexibility

Raymond James Compensation Overview

Raymond James' compensation reflects its positioning as a diversified financial services firm with a significant wealth management business complementing investment banking. The firm's middle market M&A practice emphasizes relationship-driven advisory and sustainable compensation rather than maximum pay. Analysts benefit from working in a collaborative, client-centric culture with reasonable hours and strong mentorship. The firm's regional presence and smaller deal sizes mean junior bankers gain significant client exposure and transaction responsibility earlier than at larger banks. Bonuses are tied to group profitability and individual contribution, with the firm's conservative culture leading to more stable if lower compensation than aggressive peers. Raymond James attracts candidates who prioritize culture, development, and work-life balance over maximum compensation.

Frequently Asked Questions

What is the total compensation for a first-year analyst at Raymond James?

First-year analysts at Raymond James earn a base salary of $95,000 with a year-end bonus of $NaN - $NaN, bringing total compensation to approximately $NaN - $NaN.

How do Raymond James bonuses compare to other Middle Market banks?

Raymond James pays at the lower end of the middle market tier, below Jefferies, Houlihan Lokey, and Piper Sandler but comparable to Stifel. The firm's culture and work-life balance provide significant non-monetary value.

Does Raymond James pay overtime?

Yes, Raymond James does pay overtime to eligible analysts, which can meaningfully increase total compensation.

Sources

  1. Raymond James - Careers. Raymond James (accessed 2026-05-14)
  2. Johnson Associates - Compensation Reports. Johnson Associates (accessed 2026-05-14)
  3. Wall Street Bonus Pool to Grow as Bank Revenue Boosted by Rally (2025). Bloomberg (accessed 2026-05-14)

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