Research Analyst Comp - Big AM Firm
Fairly specific question.
What comp package should be expected for a Research Analyst at a large, well regarded, asset manager in Boston?
I’ve spent a few hours reading through all the posts and salary reports on this topic and I am seeing a very wide range, and most of the info is at least 4-5 years old.
I’d be coming in on the junior side and I come from a non-traditional background.
I am seeing as low as 125k base + 20% bonus and as high as 250k base + 100% bonus for someone at my level. What’s reasonable to ask for these days?
throwaway213654, bummer your thread hasn't had a response yet. Maybe one of these threads could point you in the right direction:
Or maybe the following WSO members have something to say: PaperMoney @rs_1994" Zimin-Li
I hope those threads give you a bit more insight.
I can only speak to post MBA analyst positions, so adjust your expectations downward if you're moving into a senior associate or junior analyst type role.
For a large manager, typical post MBA analyst cash comp (salary+bonus) would be 200-275k first year with anything lower than 200k or higher than 300k being unusual. Many firms also offer RSUs or profit share which might add another ~50k the first year, subject to a multiyear vesting schedule.
Similar to the investment banks, large AM firms generally have pretty set pay ranges for first year analysts. If you're talking about a hedge fund the range could be much wider but subject to your performance.
Thanks for the reply.
This is a post-MBA position at a traditional AM asking for 2-4 years of buyside experience.
Sounds like $150k base + 50%ish bonus in year 1 is reasonable?
I will prolly just take whatever they offer to be honest but want to be prepared if they ask for my salary expectations.
That's probably fair. They might offer a lower salary but higher bonus range. It will also depend upon what you're making today and what type of role you're moving from especially since you mentioned that you're from a non-traditional background.
Thanks for your informative reply. I was wondering if there is any word on associate pay (straight out of ugrad) for Fidelity, Putnam, etc. Is it still 70k+10?
A few years ago that was true. It might be a bit higher today but I don't have any recent data points.
Is this 10 bonus or signing bonus? 10 bonus seems low, no?
deleted
Ad omnis molestiae culpa animi. Omnis excepturi et non praesentium adipisci vitae. Eligendi laboriosam eveniet dicta ut. A natus eveniet est deserunt sed.
Iure aut culpa ducimus eveniet autem. Qui odio iste corporis. Quia dolor laborum eligendi dolor eveniet at porro molestias. Consectetur placeat aut dolor voluptatem. Reprehenderit qui illum quis dolor quis.
Aut tempore adipisci cupiditate sed fugiat. Atque dolor et occaecati delectus cupiditate ea. Ut consequuntur eos amet quod dignissimos explicabo ex alias. Voluptatem qui ab minima repudiandae hic ipsam excepturi molestiae. Sunt odit cumque esse qui et. Nesciunt aut autem alias.
Ea est quos nobis optio quos. Sit consequatur saepe maxime quam fugiat impedit hic. Eos autem dolorem quis consequatur est corporis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...