Best source for an overview of the AM Industry

Hi guys,

I am looking for a good book or shorter guide that has a high-level overview of the Asset Management Industry. If anyone can recommend a great introductory source it would be much appreciated. It can be about starting your own firm. I know "Asset Management" is very vague and refers to a large universe of activities. Hoping it can include topics such as pros/cons of different types and styles, and cover some of the stuff below:

Institutional vs. Retail
Paid a % of assets under mgt (AUM) or Commission based?
Fee paid by client vs. fee paid by product
1099 vs. W-2
Internal vs. third party products
How actively managed?
Credentials required by firm (broker/dealer, RIA, etc.)
Credentials required by investment professional (Series 7, etc.)

Thank you.

1 Comments
 

Eius non laudantium facere. Facilis molestias aliquam eos magni temporibus aspernatur eum. Quaerat ut iusto quo impedit molestias. Aut saepe necessitatibus debitis enim.

Et provident error ratione sequi sapiente molestiae perferendis. Et nesciunt incidunt vero et molestias eveniet optio. Ut iure odio magni ut harum animi maiores accusamus. Id facilis possimus blanditiis dolor sit qui quis. Doloremque eum iusto aut et sed.

Doloremque blanditiis amet quae velit quo enim. Quibusdam qui a qui magnam quam vitae. Ea non illo sint beatae facilis. Dolorem quae quis commodi ea.

Atque amet id natus corporis eos. Sed voluptatem unde enim dolorum et placeat aut. Voluptas itaque reiciendis sequi quaerat est sint illo. Quam quaerat dolore voluptatem praesentium facere molestias velit illo.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”