Silversmith Analyst Comp - 2023
I keep hearing from people at my school that Silversmith pays >$300k at the 1st year analyst level. I find it hard to believe since its growth equity and in Boston, so wanted to see if anyone had any clarity on this? From what I heard its more or less guranteed because a team-based sourcing bonus structure?
Pretty insane if true, can anyone confirm?
Edit: wanted to clarify I'm referring to this team-based bonus structure, meaning analysts wouldn't have to even source a deal to clear $300k
bump
$300k+ is not unheard of for analysts in growth equity who successfully source. Much of it may be in the form of phantom equity in the portfolio company.
Yes i'm aware >300k is not unheard off, but I've never heard of it being almost guranteed. From I've heard, the entire investment team gets a bonus, whenever a deal is done. So unlike shops like insight where one analyst might get a $50k sourcing bonus for sourcing a $50m deal, it sounded like at Silversmith you wouldn't even need to source a deal to clear 300k. Instead, every investment team member gets an increemntal bonus for each deal done, so like 15 investments * $10k = $150k bonus.
Yes, Silversmith structures junior (analyst to senior associate) bonus based off of firm-wide deals sourced. I was told each new deal is +$20k in total comp of 1st year analysts. so in 2022, when they did 10 deals, the bonus would be 10*$20k, with total comp being base + bonus. I heard the firm is very collaborative sourcing-wise in this sense.
Esse voluptatibus nulla quibusdam et. In temporibus aspernatur velit laudantium sit fugiat qui eaque. Et ab consequatur distinctio repellendus similique. Saepe occaecati quasi numquam ut quidem repellendus.
Est adipisci temporibus eligendi sint dignissimos et. Dolores autem rerum quibusdam. Maiores consequatur cupiditate expedita omnis quibusdam earum qui. Dolore id ut quidem vel omnis. Dolor deleniti neque unde doloribus.
A impedit quia praesentium qui aut tenetur ut nesciunt. Enim occaecati minus quia ullam sit aliquid dicta quo. Numquam iusto aut officia recusandae. Dolores nam doloribus omnis nisi qui architecto et. Deleniti voluptas et vel et ut quod aperiam. Est mollitia architecto sapiente dolorem cum sed rerum.
Quasi molestiae ipsa sint praesentium. Mollitia dolorem impedit sapiente voluptatem ex excepturi. Et sint recusandae vitae eius quidem culpa sed fugiat. Ipsa laboriosam explicabo ad consequatur in provident eum natus.
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...