Long term comp in different careers on sell side and buyside
Just some thoughts from experience:
PE is really difficult to monetise - takes long and true DAW is less than marketed DAW (losses, duration extension, fund not 100% deployed)
Banks will defer large part of your comp - but with predictable vesting
Private credit is solid but limited upside
I’d rank expected earnings by career as
HF >> S&T (trading) >> IBD >> Private Credit = PE
BB trading roles are really slept on in these forums IMO - trading MDs make great money and can have upwards path into group head or mgmt roles
Obv there are many other considerations (optimal choice is whatever is least likely to burn you out), but purely on numbers sellside still very strong
Quia accusamus sapiente et facere molestias quas. Sed optio blanditiis cumque et numquam et qui. Ratione recusandae distinctio est libero quos ut. Maiores et architecto nulla dolorem quo ut. Quia voluptatem deleniti est eum incidunt.
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...