While there are a lot of resources out there for comp related questions on other finance roles, I could not find much insights into what comp is like these days for allocators. Lets try to start a thread with comp info. I will start:
Alternatives Allocator, Multi Family Office (~$100B AUM)
$130k base, $30k bonus, $160 TC
4 yrs exp
VHCOL
Based on the most helpful WSO content, here’s some insight into allocator compensation for endowments, foundations, and family offices:
If you’re looking for more detailed benchmarks or comparisons, WSO threads and reports on asset management and allocator roles are excellent resources.
Sources: Q&A: Endowments, Foundations, & Asset Allocators, Q&A: Hedge Fund Allocator at a $2B+ E&F, Q&A: Hedge Fund Allocator at a $2B+ E&F, Career Info - Multifamily Asset Management, Life as a Top Asset Manager
Was at a HFoF so not sure if that falls in the specific range you laid out but my comp was:
$80k base
$20k bonus
1 YOE
HCOL
Bump
$10+ billion E&F
$150k all in comp
2 YOE
MCOL
Mind sharing your base + bonus split?
And hours (normal vs IC meeting prep)?
I would assume 80% is base (120k) with the rest being bonus but could be off.
$5b+ FoF / HCOL Market
$95k base / $30k bonus / $125k TC
1 YOE
50 - 75 hours a week
Damn dude why the long hours at a FoF
Coinvest probably
This is depressing af
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