Long Only Analyst Compensation
Hi if anyone has any idea or general understanding of comp for a first/second year analyst at a top LO or LO family office that would be super helpful. Thanks in advance!
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From what I have heard from networking at top LOs is that you start somewhere between $300k-$400k. That seems pretty standard for Capital, D&C, T.Rowe, Fidelity, and Wellington.
What I am less certain about (which is funny bc I will be interning at one of these soon and hope for a return offer) is comp in the associate programs at these firms. If anyone has any info on comp at research associate programs, or CAP associate program at Capital, and is willing to share I would appreciate it.
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is the $300-$400k post-MBA or post-college?
It could be either, say you complete the ASO program and get promoted or did your MBA and recruited directly into an analyst role. Difference is pretty minimal and still roughly within that range unless you bring prior LO exp to the table post-MBA.
I believe for RA positions (post undergrad) at the top LOs (using D&C as a ref point), base is typically 140-160 and then 30-50 bonus. These numbers may be higher than other shops given D&C is famously lean, and thus may pay more than other comparable LOs.
Most of the RA programs are 2-4 years after which you leave to another shop or get an MBA. Post-MBA, some of the shops will hire you back as an analyst (which then you’d be on the PM track) but a lot won’t.
D&C must’ve bumped this past year - guidance I got for class of ‘23 was ~130 all in.
What is comp like for experienced analysts at top LO? (Wellington, Cap Group, etc.)
bump. curious Year 1 to Year 5 comp progression post-mba at a Cap/TROW/Fido in the analyst role. If you start out at 300-400k post-mba, where does this go over 5 years?
Not asking for 10 years, b/c that's highly variable. But the first 5 years must be fairly range bound - would be great to get #s. Thanks.
Bump, interested in this specifically
Bump
Target is 7 figures TC by Y4-6, increasing linearly each year.
Really? That’s better than what I’ve seen elsewhere on WSO. That’s great
Curious for the same info on these roles in London too
Curious also
$500-$700K post MBA or 2+2 at high quality boutique long only shops. So firms with $1B-$20B with just a handful of analysts. Hard to target these shops given limited turnover and they hire every few years but great seats for comp / lifestyle while avoiding the political nature of the behemoths like D&C, Fidelity, TRowe, and Capital Group.
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