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Based on the highest ranked content on WSO, here's a detailed look at salary progression in Asset Management (AM) at a Bulge Bracket (BB) firm:

  • First Year Analyst (AN1):

    • Base Salary: ~$110k
    • Bonus: Not specified in the provided context
  • First Year out of MBA in Equity Research at Long Only Investment Management Firms:

    • Base Salary: $125k to $150k
    • Signing Bonus: $25k to $50k
    • End of Year Bonus: Typically 1x base salary ($125k to $150k)
  • General Compensation Progression in AM:

    • 0-3 years experience: $130,000 - $180,000 all in
    • 3+ years experience: $500,000+ all in
  • Additional Insights:

    • As an analyst, the base salary doesn't change significantly, but the bonus can grow substantially.
    • Specific figures for Associate Portfolio Managers (PMs) or Portfolio Managers (PMs) are not provided, but there is an indication that bonuses can be a significant part of the compensation.

This should give a comprehensive view of the salary progression in AM at a BB firm.

Sources: Salary Progression in Asset Management, BB AM Salary Progression, Asset Management vs Investment Banking 101, Life as a Top Asset Manager, Q&A: Emerging markets investment analyst

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

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