Trending Content
| +63 | Do you regret going into public markets investing? | 31 | 18h | |
| +37 | RIP Jim Simons | 28 | 1d | |
| +24 | Advice ahead of a pair trade presentation - HF interview | 7 | 1d | |
| +23 | VP HF Lateral To PE | 1 | 10h | |
| +23 | Why are so many people here interested in Biotech? | 29 | 12h | |
| +23 | Is Quasi-MNPI The Ultimate Alpha Generator For Public Equities? | 8 | 2d | |
| +20 | College search for getting into HF | 19 | 12h | |
| +18 | Drunk Thought: Shouldnt PM's at MM inverse their Portfolio's? | 6 | 16h | |
| +18 | Is fundamental L/S equity a dying strategy? | 10 | 6h | |
| +18 | UPenn SEAS vs Cornell Engineering | 8 | 5d |
Career Resources
Pay: substantially smaller initially as well as down the line in AM vs a HF. Lifestyle: from what my friends in AM say, no real stress and no more than 8-9 hour days. HF is 9 on a really lucky day, closer to 10-12 hour days. Culture is very dependent on the group.
Also, do your research. SAC has been out of business for quite some time.
Thanks. Got numbers on the AM pay? Not interested in junior level so much as +10, +15, +20 years down the line.
Most analysts at larger AM funds will top out around $700-$1mm. There are a few notable exceptions. PM's are a totally different story. Probably (I'm guessing here) starts around $1mm and goes up from there depending on AUM/performance/flows etc. note that there are very few PM seats that open up since no one ever leaves, so there are no guarantees that good analysts will ever get a crack at running a fund.
I'll also just add that there aren't many AM guys working 8hr days. 50-55 hr weeks would be pretty standard outside of earnings. 70+ during earnings.
Quos qui consequatur recusandae et eos dolorem. Officia maiores qui cupiditate sint fuga quia sunt. In mollitia ab minus odio qui.
Vel delectus nulla culpa quia dignissimos recusandae. Occaecati voluptates repellendus debitis iusto ea praesentium in. Eveniet dolorem nam doloremque vel doloremque et quia. Repellendus ut labore veniam esse est.
Incidunt enim veritatis dolor et qui et error. Earum omnis voluptas natus ut deserunt. Sit voluptatem impedit delectus occaecati cumque magni ipsa. Et cum natus ad quia consectetur. Ut sed ullam nam officia autem et aut.
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...