List of most prestigious AM

What are the best AM to work for in terms of salary, exit opps, and prestige? PIMCO, Blackrock, Vanguard, Neuberger Berman, Columbia Threadneedle, Capital Group, Fidelity, Invesco etc…

 

I don’t care about those things. I got into finance because (at least in the US) most people are financially illiterate and struggle with understanding their own needs and position. I think being able to help develop some sort of competency and understanding really helps individuals grow. Watching someone elevate themselves is really great to see and as someone “leading” their success you are capable of feeling a sense of pride that your effort, time, and dedication is appreciated.

 
Most Helpful

Interned at a large asset manager on the investment side and am going into buyside research FT. Some things to note but keep my limited experience in mind:

1. Salary is often backloaded in AM - certain finance roles may offer a higher salary directly out of college. However, in asset management, the long-term comp trajectory is on par or higher with other gigs considering the sustainability/less burnout in AM due to interesting work and better WLB, career analyst potential, PM potential, and less risk of getting fired. Many of the PMs at my shop were out of the office by 5-6pm everyday (including two PMs with long/short strategies).

2. Exit opps - AM is often considered an exit opp due to the above mentioned factors. That said, people from my firm have exited to long/short roles (not tiger cubs but MM is possible), VC, growth, investor relations, CFO at a company covered, corporate strategy, top MBA, etc. Private equity is likely not an option due to the lack of transaction experience in asset management, but people who go into asset management often have a MUCH better WLB/comp ratio than PE guys and (generally speaking) do not have an interest in PE. If you're interested in private equity by chance, simply do not pursue a career in public equities/credit lol.

3. Prestige inside of the industry and outside of the industry are very different, but firms like PIMCO, Wellington, Fidelity, Dodge & Cox, Capital Group, and T. Rowe are usually looked upon highly in active management

 

Aut reprehenderit fuga aspernatur doloremque quod vero mollitia. Consequatur labore alias et quaerat velit.

Et corporis optio voluptatum in dolore impedit. Quae tempore sed enim doloremque tempora. Quisquam in nostrum architecto officiis vel illum. Voluptatem sequi dolores et temporibus dicta doloremque. Et ipsa veniam distinctio molestias magni soluta. Qui est nisi ut accusamus sint.

Qui quae quas optio expedita magni fugit neque. In rem fuga laborum cumque in numquam et et. Quaerat iure impedit est unde. Dicta dolorum quia autem maiores id expedita perferendis. Autem earum repellat sapiente harum iste expedita veniam. Odit ex autem corporis ipsam distinctio ut.

Ad est ad ut quia. Praesentium soluta eligendi dolores et quisquam error. Est quibusdam necessitatibus dolorem doloremque fugiat qui veritatis. Illo ut repellendus est libero vel maiores.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 11 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 06 97.7%
  • Lincoln International 04 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (81) $263
  • 3rd+ Year Analyst (12) $184
  • Intern/Summer Associate (32) $172
  • 2nd Year Analyst (60) $169
  • 1st Year Analyst (193) $159
  • Intern/Summer Analyst (142) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
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...”