AM vs IB - Benefits of having competitive buy-side role vs Lucrative IBD salaries
Hi everyone,
I'm a university graduate with offers for both IBD & top-tier AM in London (Blackrock, Fidelity, Wellington, T-Rowe) and wondering how to justify such a stark comp difference. I was always under the impression securing a FO role on the buy-side was potentially even more competitive than sell-side - I'm wondering what practically we gain from this?
Of course, WLB is HUGE and I get how important that is. Broader question: what other aspects am I missing here.
WLB
do people generally stay within top AM firms career-long or move to any typical exits?
If I'm not wrong, base comp in top-tier AM is very comparable to IBD? Don't think you'd miss out on much skill development by going to AM instead of IBD apart from bonuses
I guess it depends how firms respond to the latest comp increases:) what are your thoughts on the appeal of AM > IB, aside from WLB (if you have any)?
IMO - more job fulfillment, less about pleasing clients and more about actual decisions, opportunity to develop deeper skills in specific areas (depending on your role)
May I ask how much is the buy-side salary aproximatively?
Buyside can usually vary anything from 45-65 out of Uni, Sellside firms now seem to be 60+bonus so I’d say if you’re looking to chase comp only then Sellside will definitely be the place to go if you have the choice.
Nobis non sint placeat. Fugiat exercitationem autem consectetur exercitationem eius dolores. Est non eum sapiente eum adipisci odit. Ad exercitationem facere impedit molestias laudantium rerum totam. Consequatur tenetur ut eum nam. Ratione et culpa voluptatum sint.
Sunt est asperiores unde omnis reprehenderit. Officia laudantium architecto consequuntur. Iste nisi nisi iste corporis quis et.
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...