Salary guide · source review dates beside each figure
Tower Research salary and compensation
Tower’s 2027 trader/researcher intake lists $150,000–$250,000 annual base for New York and Chicago, with zero to two years of experience. The corresponding summer internship lists $3,500–$5,700 per week.
Planning your next move? Book a free quant consultation to discuss your background, target roles and preparation.
Tower Research pay by role
2 employer disclosures · USD · base pay, not total compensation
| Firm / role | Location / scope | Published base pay | Bonus / source |
|---|---|---|---|
| Tower Research Quantitative Trader/Researcher - 2027 | New York / Chicago Graduate · 2027 intake; 0–2 years of experience | $150,000–$250,000 / year | Bonus is separate from the published base; see the employer’s terms. Employer postingDisclosure reviewed 2026-10-11 |
| Tower Research Quantitative Trader/Researcher Intern - Summer 2027 | New York / Chicago Internship · Summer 2027; weekly rate | $3,500–$5,700 / week | Bonus is separate from the published base; see the employer’s terms. Employer postingDisclosure reviewed 2026-10-11 |
Base, bonus and the offer you should compare
Tower describes independent trading teams supported by a shared platform. Ask which team you would join, what you would own, and how compensation is assessed within that team.
First-year cash
Add base salary, signing money and a written guaranteed bonus. Keep a discretionary target separate and check whether signing or relocation money must be repaid if you leave.
Recurring compensation
Remove one-time payments, check whether guarantees expire, and ask how performance pay is assessed. Compare the same office, currency, seniority and job responsibilities.
Preparing for a role at Tower Research
Prepare statistical analysis, data modelling and programming in Python or C++. For development roles, add performance, systems and the infrastructure needed to run a strategy reliably.
Prepare for the Roles You Are Targeting
Book a free quant consult to discuss the roles you are targeting and the preparation they require. Explore how technical training, interview practice and mentorship can support your next move.
Book a Free Quant ConsultYour goals · your preparation · your next steps
Compare Tower Research with other firms
Use these guides to compare role-level pay, responsibilities and preparation.
Compare published salaries side by sideSalary questions, answered
How much does Tower Research pay?
Tower’s 2027 trader/researcher intake lists $150,000–$250,000 annual base for New York and Chicago, with zero to two years of experience. The corresponding summer internship lists $3,500–$5,700 per week.
What is Tower Research’s new-grad salary?
Quantitative Trader/Researcher - 2027: $150,000–$250,000 / year in New York / Chicago. 2027 intake; 0–2 years of experience. These are base disclosures; confirm bonus and signing terms separately.
Does Tower Research salary include bonus?
Tower describes independent trading teams supported by a shared platform. Ask which team you would join, what you would own, and how compensation is assessed within that team. Treat base, signing payments, guaranteed bonus and discretionary bonus as separate items when comparing first-year and recurring compensation.
How should I prepare for Tower Research?
Prepare statistical analysis, data modelling and programming in Python or C++. For development roles, add performance, systems and the infrastructure needed to run a strategy reliably.
How to read these salary figures
A posting is one observation
Each row links to an employer disclosure and identifies the role, location, pay period and review date. A posted range is not a measured average of employee earnings, an accepted offer, or a hiring guarantee.
Keep base and bonus separate
Base pay excludes discretionary bonuses unless the source explicitly says otherwise. We do not estimate an undisclosed bonus or turn a base range into a total-compensation claim.
Match the role and pay period
Compare the same location, experience requirements and work period. Internship rates remain in their original units. An annualized rate is not the summer paycheck: use the paid duration to estimate program earnings. See the internship pay examples.
Check the original source
Each disclosure has its own review date. When a later check finds a role is no longer listed, we keep its historical pay with that status beside it and exclude it from the summary ranges and charts. A review date is not a promise the job remains open. This is a selected set of postings, not a representative salary survey.