Asset management salary progression in London
Hello, I am an ambitious student with a passion for investing. I was wondering what is the total comp for an equities analyst in a large AM in London (think Schroders, Axa Investors, Aviva Investors... etc.). I know starting salaries are slightly less than IB, but how about salaries 5-10 years in? How about total comp once you make it to PM?
I have always wanted to be an investor and I am now in my final year at a target school in London and have got full-time job offer from a large asset manager in London. However, given the shift to passive and the voices I heard, I am scared that one cannot truly make it big when starting in asset management, I am passionate about investing but would want to earn ps1m+ in my late 30s and 40s. Can one do that by being a top performer in AM? I also have an M&A offer from a BB bank (Citi/BAML/Credit Suisse) and an invitation to an assessment center for jpm/ms/gs. Should I choose M&A over AM?
I also wondered how easy is the transition from AM to fundamentally driven HF versus doing that switch from IB. If AM comp is capped then moving to an HF could be a way to make more money when performing well and still being in an investing role but I wonder if banking could be better for that than asset management. Given my objective to become a HF PM and eventually starting one, should I start off at a reputable AM or in M&A?
Thank you all!
bump
bump
BUMP
bump
bump
bump
bump
Search on Google "CFA compensation report". That should give you a good idea. $50-150k entry level. $100-300k mid level. $200-700k senior level. Rough numbers. Never going to be perfect. Trending downwards across the industry with lowering fees.
Thanks a lot, I will look at it right away. Do you think it is possible to make the transition from AM (equity analyst) to HFs (mainly long/short equity or similar)? Thanks for your inputs
Hi Equities101, I am in a similar situation to yours and I'm curious to know what decision you've ultimately taken on this and what swayed you...
Cumque assumenda assumenda eum quia animi corporis. Animi ut voluptate consequatur et culpa. Officiis et consequatur repudiandae id eos debitis. Voluptatibus reprehenderit porro cupiditate nulla facere ullam commodi.
Necessitatibus voluptatem velit tempora. Nam temporibus voluptatem et reprehenderit. Non saepe ut qui quo. Quia quis quisquam porro perspiciatis voluptatibus ipsam sapiente facilis. Aut voluptatum deserunt vitae corporis et quam. Totam sed praesentium qui maxime quibusdam omnis qui. Sed dolorem vel praesentium magni.
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...