Move to quant HF or stay in prop shop

Based on the most helpful WSO content, here are some key considerations for your decision:

1. Compensation & Tax Advantage: The SGD 750k TC is a strong offer, especially with Singapore's low tax rates. As highlighted in WSO threads, Singapore's PIT is significantly lower than the U.S., allowing you to save a substantial portion of your income. Even if the 2nd/3rd year TC drops slightly without the sign-on bonus, the tax savings and high base compensation still make it competitive.

2. Career Upsides in APAC: Moving to Singapore aligns with your long-term goal of relocating to Asia. Singapore is a major hub for HFT and quant finance, offering exposure to a growing market. As noted in WSO discussions, being trained in the U.S. gives you an edge in APAC markets due to the perception of superior technical and deal experience. However, ensure the HF aligns with your career trajectory and offers growth opportunities.

3. Non-Compete Clause: The potential 12-18 month non-compete is a valid concern. If you decide to leave the HF in the future, this could limit your options temporarily. However, non-competes are common in the industry, and the financial upside of the offer might outweigh this inconvenience.

4. Timing of Relocation: If you're early in your career (YoE 2), moving to APAC now could position you well for long-term growth in the region. However, consider whether you might miss out on further U.S.-based experience, which could enhance your profile even more before transitioning.

5. Cultural and Professional Fit: Beyond compensation, assess the team dynamics, work culture, and the HF's reputation. As WSO threads often emphasize, intangibles like team fit and firm trajectory are critical for long-term satisfaction.

In summary, the offer seems compelling, especially with the tax advantage and alignment with your long-term goals. If the HF provides strong growth potential and aligns with your career aspirations, it could be a great move. However, weigh the non-compete and potential career upsides in the U.S. before making a final decision.

Sources: Help us determine a fair compensation structure and non-competes for a new HF, Is this associate compensation competitive?, Q&A: Megafund Asia Private Equity, Q&A: 3rd year analyst at a boutique PE fund in the SEA region, Very Tough Decision - Short-term Comp vs. Long-term job