Asset Management at Top BB
Was wondering what kind of exit opportunities there are from top BB Asset Management (JPM/GSAM/MS).
Also what is the comp like, do they get bonus on top of base salary?
curious as well
Usually not a whole lot except other AM and maybe HF if you're really good. There is a bonus, and it tends to be comparable to sell-side (if we're talking front office for both) at the lower levels. Progression is slower though.
thanks. So if I had an offer with base of 70k what could I expect as a bonus as a 1st year analyst in BB asset management FO?
bump bump please
interested in this as well
yes you would get a bonus. Somewhere between 10-30k. I believe JPM AM gives first years a stub bonus in december (which is for about 3 months of work besides training) and then a full bonus the following December. The stub usually works to screw you over. But, stub was 7k standard when I was there, and the full year bonus depends on your ranking but was 15-20k ish, I was in PB, wouldn't be surprised if IM was paid more.
Thanks for this info!
edited
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