AM comp out of UG?
I am currently interning at an asset manager and was wondering what compensation is like for recent undergrads at a traditional asset manager like fidelity or Pimco? Would it be in line with ib? Thx
Trending Content - Asset Management Forum
| +38 | Strategy to asset allocation | 10 | 2w |
| +28 | Q&A | Research Associate, Long-Only | (0 years in DCM/IB/consulting) | 6 | 6d |
| +15 | Working for Endowment? | 10 | 3d |
| +14 | Early career insurance AM - should I just thug it out? | 3 | 3d |
| +9 | WAMCO - Ken Leech | 2 | 3w |
| +8 | Bridgepoint Acq Kayne Anderson RE | 2 | 1w |
| +6 | Family office - analyst role test | 3 | 3w |
| +6 | MBB to Banking Career | 1 | 1w |
| +6 | Goldman Sachs Operations? | 1 | 1w |
| +4 | CPP Early Investor Program (Summer 2027) Check | 3 | 1w |
Career Resources
I am currently an RA (research associate) in a similar shop to the ones you mentioned. You won't make the same as IB in terms of all-in comp until you hit Analyst, which will usually be after 5-7 years as an RA, but you will be working much less hours (60-70). Based on my conversations, in fundamental buy-side equity research roles directly out of undergrad at this is generally your comp progression:
Year 1: $85 + 35K bonus
Year 2: $90 + 50K bonus
Year 3: $115 + $75K bonus
Analyst (expected): $275K + 100-150% bonus
My PM this past year: $10M
Partner: The moon
Fuga libero aut magni in culpa dolores facilis. Sit deleniti rerum facere ea consequatur dolore harum tempore. Debitis aperiam quibusdam qui quisquam rem aut.
Aut consequatur quia dolores quia rem odit aut. Omnis ut dolor distinctio voluptatem rerum molestiae eligendi molestias. Nihil repellendus sunt qui vitae cumque veritatis. Ipsum accusantium nostrum eveniet expedita. Illum rem harum est pariatur.
Numquam quam quia et atque. Eligendi repellendus eum voluptates id ut eos. Ut cupiditate vero dolorem magnam qui. Dicta odio officia dolorem. Voluptatem et earum sed.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...