Hello,
I am currently working at an asset manager as an analyst and recently received an offer at an IB Boutique. The Boutique offer is in a different city and I am debating if I should take the offer. My end goal is Private Equity. Recent graduate FYI.
Here are the details on the two roles.
- Asset Manager:
- Pay: ~70K base, 5-10% Bonus
- Location: Low/Mid COL City
- Hours: 40hs/week
- Company: Great culture and benefits + job security, well known in certain circles, large AUM base; Lower pay progression and less room for promotion
- Role: Top down oriented but firm is expanding into PE and Credit (using external managers); Financial Analysis more macro and not relevant to PE
- Boutique:
- Pay: ~75k base, 20-25k Est. Bonus Floor
- Location: High COL City
- Hours: ~60hrs+ on average
- Company: Great benefits, unknown for IB however it is under a public company (relatively known asset manager); Structured pay progression w/ increased bonus %
- Role: Typical IB; Possible exit to PE but more likely a bigger IB shop
Laboriosam excepturi doloribus laudantium earum corporis sed repudiandae. In officia officiis dolores facere ullam. Error velit quisquam vel repellat sed iusto qui. Occaecati sed ut error explicabo vitae ea.
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...