Comp at T Rowe P

I have 2 years of SS ER experience in biotech, considering moving to AM. Background: STEM PhD > MBB > BB ER. What's a reasonable cash comp at T Rowe Price (base, bonus)? Currently in NYC, but looks like folks need to relocate to Baltimore from what I'm gathering on WSO

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Based on the most helpful WSO content, transitioning to T. Rowe Price with your background (STEM PhD > MBB > BB ER) and 2 years of sell-side equity research experience, you can expect the following:

  • Base Salary: Likely up to £60k (approximately $75k USD, though this may vary depending on updated market conditions and location adjustments).
  • Bonus: Typically capped at 30% of the base salary for similar roles in buy-side research.

Relocation to Baltimore is indeed common for T. Rowe Price roles, as their headquarters and primary operations are based there. Keep in mind that the cost of living in Baltimore is significantly lower than NYC, which could make the overall package more competitive in terms of take-home value.

If you're looking for more precise numbers, it might be worth reaching out to current or former employees on WSO for updated insights.

Sources: Choosing Between Buy Side vs Sell Side in Equity Research?, Breaking into buy-side equity research - my experience, Q&A: Equity Analyst at a Sovereign Wealth/Pension Fund, I'm a Senior Sell-Side Research Associate, Q&A, https://www.wallstreetoasis.com/forum/investment-banking/qa-md-in-ma-and-capital-markets-with-bulge-bracket-and-boutique-experience?customgpt=1

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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