Retail Distribution of Alternative Investments - GWM or PWS at Apollo, Blackstone, Brookfield, Carlyle and KKR - External Wholesaler

Pretty niche topic here, but pretty interesting:

Alternative Asset Managers like KKR, Blackstone, Apollo, Carlyle and Brook Field are beginning to market their offerings to retail investors (financial advisors at wirehouses, ibd's, ria's sfos and multi family offices) with dedicated distribution teams or Wholesalers for the first time. In addition, it seems like some traditional AM firms are creating dedicated alternatives units like Blackrock, PIMCO, and Nuveen to name a few. Curious to what folks know about the compensation (Salary, Commissions, Bonus or Carry) and potential growth opportunities exist across sales team including: 

1) Internal Wholesalers/ Account Associates/ Internal Advisor Consultants 

2) Hybrid Wholesalers, Regional Consultants or Business Development Account Managers 

3) Senior Specialists, External Wholesalers or Account Managers

Insight into the operations of key accounts teams that work with home office platforms would be interesting as well. 

 

Interesting opportunities are really all around this space. I know BX internals make roughly $125k salary + roughly 75 bonus. KKR I heard had base of 140. Not sure about some of those other players tho.

I have seen ignites articles pointing to B/D’s increasing their staff there as well

 
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