how to asset management make money?

Hi guys,
got a couple of questions for you.

  1. How do asset management firms actually make their money? (Other from the fees they charge, ) what strategies do they utilize to grow returns for their portfolio?
  2. Do the BBs or most well established investment firms/banks all use the same set of strategies or would these strategies differ widely depending on the institutions?
  3. how do you break into the industry? what entry level positions are there?!
 
Best Response

Patrick,

Have you considered making the Search box larger? I don't think it's being used as much as it should be lately haha.

halfstep,

There is literally dozens of threads on this and other information, not to mention the FAQ section that the WSO team has worked on for someone such as yourself. Your time will be spent much more efficiently searching and reading the boards my friend, especially if your queries are of this basic nature. You'll have answers to your 3 questions in 15 minutes, I promise. You can always make use of Google, Investopedia, mergersandacquisitions.com and like 290452 other resources.

If someone comes along and writes a more thorough response, don't forget to throw them a Silver Banana. Look out for Q&A threads with current working professionals as well, they are a rich source of information.

" A recession is when other people lose their job, a depression is when you lose your job. "
 

Rerum laborum ad distinctio voluptas molestias. Sunt fugit numquam incidunt sed alias laborum. Officiis voluptates qui ipsa laboriosam rerum.

Maiores facilis ducimus cum aut porro aliquid quo. Minus veniam vel perspiciatis ipsa quia omnis voluptas. Reprehenderit magnam beatae dolores et libero ex. Tempore minus facere totam ratione quia eveniet aspernatur.

Doloribus ut est vel tenetur ullam officiis. Fuga sit hic labore voluptas. Et omnis fugiat quo porro.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”