Acquisition Analyst in Chicago - Compensation Questions/Advice
While working on my UG (BBA in Finance) I worked as a financial analyst with a brokerage team within (JLL/CBRE/HFF). I worked on balancing 40-55 hour work week with school. I recently graduated in December 2016 from one of the larger Texas public schools. I have an opportunity in Chicago with an PE shop for an Acquisition analyst. My next call will bring up salary expectations... I worked on the same asset type during my brokerage tenure what is a fair compensation for Chicago? Currently I am at 50k with 30% bonus - this is in Texas by the way. Appreciate the info guys!
$70-$90 base min, without much knowledge on the AUM of the PE shop. No idea on bonus without team size and structure.
About 10 person team size. Around 3B AUM
Depends on how many deals you'll be seeing which depends on how much equity they have raised, fund structure and investors' needs.
Definitely more than current salary. 20% bonus is what I got here in Chicago for last years deals.
What RE asset type?
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$65k should be the floor for a reputable shop with good deal flow. I would keep your expectations low for your bonus potential, maybe a max of 20%.
Don't get to caught up on the comp right now. Deal flow should be your first priority. You are early in your career and the more you learn now will greatly increase your earning potential down the road.
Thanks for the encouragement!
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