how to asset management make money?

Hi guys,
got a couple of questions for you.

  1. How do asset management firms actually make their money? (Other from the fees they charge, ) what strategies do they utilize to grow returns for their portfolio?
  2. Do the BBs or most well established investment firms/banks all use the same set of strategies or would these strategies differ widely depending on the institutions?
  3. how do you break into the industry? what entry level positions are there?!
 
Best Response

Patrick,

Have you considered making the Search box larger? I don't think it's being used as much as it should be lately haha.

halfstep,

There is literally dozens of threads on this and other information, not to mention the FAQ section that the WSO team has worked on for someone such as yourself. Your time will be spent much more efficiently searching and reading the boards my friend, especially if your queries are of this basic nature. You'll have answers to your 3 questions in 15 minutes, I promise. You can always make use of Google, Investopedia, mergersandacquisitions.com and like 290452 other resources.

If someone comes along and writes a more thorough response, don't forget to throw them a Silver Banana. Look out for Q&A threads with current working professionals as well, they are a rich source of information.

" A recession is when other people lose their job, a depression is when you lose your job. "
 

Sit exercitationem suscipit mollitia ipsa totam architecto. Deserunt tempora nihil provident ut. Et rerum enim saepe aliquid. Alias maiores eveniet et. Reprehenderit est et in labore possimus aut. Quia eius quaerat dolore esse illum non deleniti minima.

Suscipit magnam iure et explicabo natus. Consequatur earum animi ipsum ab vitae eius quibusdam accusantium. Quis laborum sunt ut aspernatur fugit quia vel. A iusto ducimus corporis ex et impedit.

Quidem sit ipsa alias optio blanditiis quisquam sunt. Aperiam veritatis dolor fuga reiciendis eum ratione aut.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”