Hey guys, I have 6 YOE in LO buy-side from a top AM on the West Coast. Have an interview with a firm managing $50bl AUM in NYC and was thinking of asking for $350k total starting comp. Is this a fair benchmark?
5-7yrs ago I would've thought it was maybe $300k but there's been a ton of inflation and increasing COL in NYC since then as well, so I've been hearing the comp range has moved up a decent bit since then
I went to a T10 UG and have my CFA as well for context. So IMO I'm roughly equivalent to a post MBA hire with 2+2+2 (though with 6yrs of direct investing experience of course). Much appreciated guys
Think it depends partially on the profile of the firm you’re interviewing with. Are they managing 50b with 15 investors or with 100? Growing AUM? Good performance?
$300-350k seems fair.
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