Oct 14, 2011

How many employees per billion AuM?

Is there some kind of general rule or orientation in asset managment companies how many employees (research analysts / PMs ...) per AuM are necessary / valuable? Would be interesting ...

574 WSO Academy Asset Management Session Reviews: 4.80/5

Rutgers University-Newark

Class of '18 Nov 2026 Cohort

5.00/5

Asset Management Other

“I recently met with Chris Riggs, a Mentor at WSO Academy, and came away with a much clearer picture of the path ahead. He explained how the internship is structured and what it offers, then pointed me to specific resources to review beforehand. He also walked me through how to write an equity research report and how to market myself to companies once the internship is complete. His advice was practical and directly useful given my background in corporate actions and fund operations. Thank you, Chris.”

Class of '29 Sep 2026 Cohort

5.00/5

Asset Management Mock Interview

“Today’s session was amazing and incredibly useful. My mentor was a massive help with both networking and interview preparation, particularly for my ongoing HSBC programme application. He helped me understand how to approach networking more effectively and gave me valuable advice on preparing for the next stage of the recruitment process. I really appreciate the time and effort he puts into helping me, and I left the session feeling more confident and clear about my next steps. As always, he was very kind, approachable and easy to speak with, which made the whole experience even better.”

See All 11,303 WSO Academy Reviews

5 Comments

Rain_Maker

15y

No rule per se. That is suppossedly the beauty of this biz, highly leverageable. But that said, it is also very dependent on the style of you run. Wealth management will be different than hedge fund for example. Wealth management requires more client soft touch points and thus is not as scaleable. A Hedge fund model where you are not hand holding clients allows for much more leverage. I know funds running 20+ bil with 25 people, that is because the model works. I think it down to whether the bread and butter of the firm is more relationship based or return based. Expect more people per 1bil of AUM in a private wealth management shop vs a hedge fund.

Quote

Report