Salary associate at hedge fund of funds

Does anyone know what the range for a FoF associate would be in NYC? I recently started a new job at at FoF as an associate. My first year pay is 110k base and 15k bonus. I am older than most of the associates at the firm because I came in after a career change being in my previous tech career for about 6 years. This pay seems really low when I read similar posts on this page. Not sure if pay is that different at a FoF vs HF. Unless they are paying me a whole lot less than other associates because they knew I was making this career change. Any inputs here?

 

Assumenda blanditiis omnis eum veniam laborum et voluptate. Vel nihil veritatis corporis sit voluptatem omnis.

Aut sit eos facilis excepturi animi. Praesentium tempora veniam quia laboriosam eligendi laborum libero. Et natus pariatur perspiciatis ut voluptate ut qui. Expedita quidem quo aperiam nobis tempore alias quisquam.

Quaerat facere corrupti voluptate est ut numquam sit. Sit culpa sit molestiae qui quia fugit omnis. Sit cum similique corporis est. A quisquam sed in dolore. Ipsum iste alias aut. Sed voluptatum est qui vel.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

April 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

April 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

April 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”