Hey guys, was curious to get a LO AM comp update at various levels. Obviously lot of info on this site, but much of it is 5-10yrs old when the industry was in a much better place (clients at my shop for instance used to come in at 50bps, today it is 40bps -- and this is not even the worst, I know clients at another top shop at coming at in 30bps which is absurd). Anyway, specifically looking for the updates for top 10% of shops that are actually doing well at various levels including:
Junior Associate (Entry Level):
Senior Associate (2-4yrs in):
Junior Analyst (5-15yrs in):
Senior Analyst (10-20yrs in):
Leaving out PM in this case that can be more wildly variable on performance / AUM levels / etc which is not to the same extent as levels below. Much appreciated
I'm at a well-regarded $30+bn (this # has come down YTD) boutique
3 YOE (I joined straight out of undergrad from a non-target)
Junior analyst
TC: 250k; 150k cash and 100k deferred
The current cash component is variable depending on your + firm performance. Deferred scales up by approx $40k a year. Our structure is typically weighted 60/40 cash/deferred.
Most senior analysts are in the $400-700k TC bucket. Most PMs pull down $1m+, with some as high as $10. Firm mgmt encourages those who want to be career analysts through their 40s/50s, and these folks can earn $1-3m.