Distinct employers with eligible unfiltered salary cohorts
US INDUSTRY SALARY RESEARCH
Associate salaries in Finance and Insurance
Explore Associate pay at 37 employers in Finance and Insurance. Employer industry and career are separate: this page focuses on the employers assigned to this sector, while the career can also appear elsewhere.
Separate supported groups; samples are never added together
A collection or modification date can differ from when pay was earned
Public annual pay cohorts at employers in this industry
An industry-wide average is not calculated from these employer medians. Each row keeps its sample denominator and available component breakdown. Unknown components stay undisclosed.
BENCHMARK EVIDENCE
Read data as MarkdownPay figures you can check.
Selected supported source cohorts for Associate salaries in Finance and Insurance. These are individual benchmarks, not an average across employers or levels.
Associate · BlackRock · All reported locations
For Associate at BlackRock in All reported locations, the median offered annual base wage is USD $134,700. The sample denominator is 152 offered-wage filings. Measurement period: FY 2026 filings. Benchmark year: 2026.
Wages.fyi calculates this median from available regulatory wage filings. Filings describe offered base wages, not realized employee earnings or total compensation. Bonus and equity are not inferred.
Coverage refreshed . Refresh dates can differ from when compensation was earned or wages were offered.
Associate · Morgan Stanley & Co., LLC · All reported locations
For Associate at Morgan Stanley & Co., LLC in All reported locations, the median offered annual base wage is USD $175,000. The sample denominator is 139 offered-wage filings. Measurement period: FY 2026 filings. Benchmark year: 2026.
Wages.fyi calculates this median from available regulatory wage filings. Filings describe offered base wages, not realized employee earnings or total compensation. Bonus and equity are not inferred.
Coverage refreshed . Refresh dates can differ from when compensation was earned or wages were offered.
Associate · Morgan Stanley · All reported locations
For Associate at Morgan Stanley in All reported locations, the median offered annual base wage is USD $125,500. The sample denominator is 118 offered-wage filings. Measurement period: FY 2026 filings. Benchmark year: 2026.
Wages.fyi calculates this median from available regulatory wage filings. Filings describe offered base wages, not realized employee earnings or total compensation. Bonus and equity are not inferred.
Coverage refreshed . Refresh dates can differ from when compensation was earned or wages were offered.
Only public source benchmarks with at least five samples and a disclosed median appear here. Samples can overlap and are never added into an employee total. Source sampling methods apply; published sample counts are not guaranteed to represent unique employees. Missing pay components stay undisclosed. Methodology.
THE EMPLOYER BREAKDOWN
Explore career pay →Explore the supported employer cohorts.
20 selected cohorts shown. Open a row for the full pay definition and components.
| EMPLOYER / ROLE | TOTAL COMP | BASE SALARY | STOCK / YEAR | CASH BONUS | CONTEXT | |
|---|---|---|---|---|---|---|
B BlackRockAssociateAll reported locations | Not disclosedUSD · Median | $134,700 | — | — | Offered base wage · filing cohort152 filingsFY 2026 filings · Oct 18, 2026 | |
MS Morgan Stanley & Co., LLCAssociateAll reported locations | Not disclosedUSD · Median | $175,000 | — | — | Offered base wage · filing cohort139 filingsFY 2026 filings · Oct 18, 2026 | |
 Morgan StanleyAssociateAll reported locations | Not disclosedUSD · Median | $125,500 | — | — | Offered base wage · filing cohort118 filingsFY 2026 filings · Oct 18, 2026 | |
 Goldman SachsAssociateAll reported locations | Not disclosedUSD · Median | $95,000 | — | — | Offered base wage · filing cohort83 filingsFY 2026 filings · Oct 18, 2026 | |
BP BNP Paribas Securities Corp.AssociateAll reported locations | Not disclosedUSD · Median | $175,000 | — | — | Offered base wage · filing cohort43 filingsFY 2026 filings · Oct 18, 2026 | |
GS Goldman Sachs Bank USAAssociateAll reported locations | Not disclosedUSD · Median | $96,500 | — | — | Offered base wage · filing cohort40 filingsFY 2026 filings · Oct 18, 2026 | |
BS BOFA SECURITIES, INC.AssociateAll reported locations | Not disclosedUSD · Median | $175,000 | — | — | Offered base wage · filing cohort34 filingsFY 2026 filings · Oct 18, 2026 | |
AM Apollo Management Holdings, L.P.AssociateAll reported locations | Not disclosedUSD · Median | $175,000 | — | — | Offered base wage · filing cohort24 filingsFY 2026 filings · Oct 18, 2026 | |
BI BlackRock Investment Management, LLC AssociateAll reported locations | Not disclosedUSD · Median | $129,000 | — | — | Offered base wage · filing cohort23 filingsFY 2026 filings · Oct 18, 2026 | |
PP PJT Partners Holdings LPAssociateAll reported locations | Not disclosedUSD · Median | $200,000 | — | — | Offered base wage · filing cohort23 filingsFY 2026 filings · Oct 18, 2026 | |
EP EVERCORE PARTNERS SERVICES EAST LLCAssociateAll reported locations | Not disclosedUSD · Median | $185,000 | — | — | Offered base wage · filing cohort14 filingsFY 2026 filings · Oct 18, 2026 | |
DB Deutsche Bank Securities, Inc.AssociateAll reported locations | Not disclosedUSD · Median | $170,000 | — | — | Offered base wage · filing cohort13 filingsFY 2026 filings · Oct 18, 2026 | |
BI BlackRock Institutional Trust Company, N.A. AssociateAll reported locations | Not disclosedUSD · Median | $149,500 | — | — | Offered base wage · filing cohort12 filingsFY 2026 filings · Oct 18, 2026 | |
CA CITADEL AMERICAS SERVICES LLCAssociateAll reported locations | Not disclosedUSD · Median | $100,000 | — | — | Offered base wage · filing cohort12 filingsFY 2026 filings · Oct 18, 2026 | |
BP BNP ParibasAssociateAll reported locations | Not disclosedUSD · Median | $150,000 | — | — | Offered base wage · filing cohort11 filingsFY 2026 filings · Oct 18, 2026 | |
DE D. E. ShawAssociateAll reported locations | Not disclosedUSD · Median | $160,000 | — | — | Offered base wage · filing cohort11 filingsFY 2026 filings · Oct 18, 2026 | |
BC BlackRock Corporation US, Inc.AssociateAll reported locations | Not disclosedUSD · Median | $141,250 | — | — | Offered base wage · filing cohort10 filingsFY 2026 filings · Oct 18, 2026 | |
JL Jefferies LLCAssociateAll reported locations | Not disclosedUSD · Median | $175,000 | — | — | Offered base wage · filing cohort10 filingsFY 2026 filings · Oct 18, 2026 | |
M& Moelis & Company Group LPAssociateAll reported locations | Not disclosedUSD · Median | $175,000 | — | — | Offered base wage · filing cohort10 filingsFY 2026 filings · Oct 18, 2026 | |
MS Morgan Stanley Fund Services Inc.AssociateAll reported locations | Not disclosedUSD · Median | $115,000 | — | — | Offered base wage · filing cohort10 filingsFY 2026 filings · Oct 18, 2026 |
Questions about this pay market.
What are Associate salaries in Finance and Insurance?
The available evidence includes 37 supported public pay cohorts across 37 employers. The tables show individual employer benchmarks and their measurement definitions. We do not average employer medians into a single industry salary.
Does this page show base salary or total compensation?
Base-pay coverage is available. Government wage filings describe offered base pay. Missing stock, bonus and benefits are not inferred from those wages.
Can Associate work in other industries?
A career and an employer sector answer different questions. This page uses the assigned employer industry; the broader Associate career page includes supported employers in other sectors. Filings may cover only part of an employer’s workforce.
How can a hiring team use these benchmarks?
Choose comparable responsibilities, location, seniority and pay definitions before designing a range. Check the evidence period and sample support. Request a coverage review for the roles and markets you actually hire in; these cohorts do not represent every employee in the industry.
Put the numbers to work.
Compare two written offers
Keep first-year cash, recurring pay and equity terms separate.
Read the Wages.fyi guide →Understand the whole package
Base, bonus, signing cash and annual equity answer different questions.
Read the Wages.fyi guide →Read offered-wage evidence
Learn what regulatory filings can tell you about a pay market.
Read the Wages.fyi guide →FOLLOW THE COMPARISON
All salary markets →Continue your salary research.
EMPLOYER COMPARISON
BlackRock vs. Boston Consulting Group, Inc.
Associate · Base pay coverage
Explore the pay context →EMPLOYER COMPARISONBlackRock vs. Goldman Sachs
Associate · Base pay coverage
Explore the pay context →EMPLOYER COMPARISONBlackRock vs. Morgan Stanley & Co., LLC
Associate · Base pay coverage
Explore the pay context →EMPLOYER COMPARISONBlackRock vs. Morgan Stanley
Associate · Base pay coverage
Explore the pay context →EMPLOYER COMPARISONBlackRock vs. PRICEWATERHOUSECOOPERS ADVISORY SERVICES LLC
Associate · Base pay coverage
Explore the pay context →EMPLOYER COMPARISONBoston Consulting Group, Inc. vs. Goldman Sachs
Associate · Base pay coverage
Explore the pay context →EMPLOYER COMPARISONBoston Consulting Group, Inc. vs. Morgan Stanley & Co., LLC
Associate · Base pay coverage
Explore the pay context →EMPLOYER COMPARISONBoston Consulting Group, Inc. vs. Morgan Stanley
Associate · Base pay coverage
Explore the pay context →EMPLOYER COMPARISONBoston Consulting Group, Inc. vs. PRICEWATERHOUSECOOPERS ADVISORY SERVICES LLC
Associate · Base pay coverage
Explore the pay context →EMPLOYER COMPARISONGoldman Sachs vs. Morgan Stanley & Co., LLC
Associate · Base pay coverage
Explore the pay context →EMPLOYER COMPARISONGoldman Sachs vs. Morgan Stanley
Associate · Base pay coverage
Explore the pay context →EMPLOYER COMPARISONGoldman Sachs vs. PRICEWATERHOUSECOOPERS ADVISORY SERVICES LLC
Associate · Base pay coverage
Explore the pay context →More supported markets
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Our methodology Base wages, total compensation, source estimates, and employer ranges are measured separately. Sample counts and reporting periods travel with every benchmark.