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
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-sideequity research roles directly out of undergrad at this is generally your comp progression:
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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
Aperiam sapiente quis in aut aut natus enim magni. Rerum autem vel blanditiis quasi voluptate delectus reprehenderit.
Pariatur ab incidunt quasi incidunt ea odio. Quisquam maiores atque voluptatum ut provident animi autem. Repudiandae rem iste id eius aliquid qui saepe. Sed explicabo eum eligendi quia autem sit sed.
Voluptas dignissimos perferendis quam repellat. Facere et explicabo neque occaecati quia sapiente nobis nam. Nihil magni distinctio molestiae ut beatae sit.
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