Can anyone give a rough estimate as to how AM comp looks when at the start and mid-way through your career if working at a top mutual fund (Fidelity, Wellington, PIMCO) or a top BB? Is it plausible to break half a million in your career?
Thanks
| +24 | Are the Markets Actually Broken? | 4 | 4d |
| +11 | Preparing for no return offer at AM internship | 7 | 22h |
| +11 | Dodge & Cox perception, reputation in industry the industry? | 14 | 19h |
| +9 | JPM PB vs GS PWM — comp structure comparison? | 0 | 42m |
| +5 | Canadian AM Comp (Big 5/Pension/Boutque) | 6 | 2d |
| +3 | Asset allocation / FO head hunters? | 1 | 5d |
| +3 | Headhunters - Europe | 1 | 2w |
| +3 | ARES - culture, WLB | 1 | 2w |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
bump
If you’re good and stick with it, yes. 500k after tax? That’s harder
Sub-Analyst (e.g. research associate) positions pay less than most other high finance positions at the same level (e.g. the entry level positions you can get from undergrad) but once you hit Analyst your trajectory increases a lot.
Very common for full Analysts to make the same as a first/second year IB Associate (so ~$250-350k) when they first start out and for more Senior Analysts to make closer to a buck (near $1M and certainly over $500k). PMs can be multiple million depending on AUM of the funds they oversee.
People outside of the traditional investment teams (so PMs and researchers) get paid a bit more than they would in other industries but nothing wild or crazy. Execution traders usually hover around ~$250-300k at the junior/mid-level stage and ~$400-500k as a senior trader.
Follow up question, why don't more people go into AM over IB? The hours seem better and while you make a bit less than them initially the numbers ramp up.
Because people actually consider the type of work they'll be doing and whether it fits them when choosing careers and jobs.
Qui et qui nihil et quia velit dignissimos perferendis. Laborum non eius corrupti id dolores.
Explicabo aspernatur incidunt cupiditate soluta amet. Suscipit officiis sed excepturi nesciunt. Enim aut necessitatibus in odio. Nihil molestiae consequatur iste quis ab magnam at nihil. Dolor non enim accusamus expedita neque. Maxime in magnam adipisci. Eos voluptatibus voluptas fugit.
Saepe accusamus velit laudantium eum corrupti. Voluptas maxime eos nihil et tempora et pariatur. Qui eius et vitae reprehenderit voluptas rem officiis magnam. Nulla tenetur repellendus ea.
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...