Average single manager slope

Based on the most helpful WSO content, your concerns about compensation and slope seem valid, especially given the benchmarks discussed in similar setups. Here's a breakdown:

1. Slope on Ideas in PM's Book (2%):

   • A 3%+ slope for ideas in your PM's book is not unreasonable. Many analysts or junior PMs feeding into a larger PM's book often aim for higher slopes, especially if their ideas are consistently contributing to performance. If your ideas are driving significant returns, you should consider negotiating for a higher slope.

2. Slope in Your Carve (4%):

   • A 6%+ slope in your carve is also a reasonable expectation, particularly if you are managing risk effectively and generating strong returns. Carves typically allow for more direct attribution of performance, so a higher slope aligns with industry norms for those delivering results.

3. Negotiation Considerations:

   • If you feel underpaid, it might be worth gathering data on comparable roles and performance metrics within your firm or across the industry. Highlighting your contributions and the value you bring to the team can strengthen your case for a higher slope.

Ultimately, your expectations align with what others in similar roles might aim for, but the feasibility of achieving these slopes depends on your firm's structure, culture, and compensation philosophy.

Sources: Crazy to take MM offer if lead analyst in ER?, Reflections from year 4 as an equity analyst, https://www.wallstreetoasis.com/forum/hedge-fund/the-hedge-fund-experience-good-bad-ugly?customgpt=1, Reflections from year 4 as an equity analyst, Updated 2022 S&T Compensation