Is my comp fair?
I currently pull about $100K all in. I am 2 years out of college and only got this gig recently with 1 YOE in the industry (first 1.5 years I was doing something unrelated). I’m at one of these, JLL, NMRK, CBRE, W&D, as a capital markets analyst structuring debt for sponsors. My hours are from 8:30-6 or so.
Depends on metro, but that comp seems fair based on the folks I know in those roles. Those groups can prove to be lucrative, especially after you've been there a couple years and prove your value. Less than 1 year in making 100k in total comp is pretty great actually.
Sounds pretty good, the hours seem super reasonable from what I’ve heard. I know a guy who left a firm like that after only a few months and was getting crushed with 80+ hours a week. The debt guys end up making ridiculous amounts of money at higher levels.
I'm at one of those firms getting crushed and I'm about to leave because of it. I have spoken too management and my MD's as well and they haven't done anything that has improved my workload (have brought this up to them multiple times and they even said it would get better). Although the comp is good, for me it's not worth it and I also don't see myself being in brokerage.
Dude that sucks. I’m pulling in a little under 100k as a first year analyst in lending. Hours are like 40 a week and lately a little less because our closers are fucking slammed with deals and we were told to slow production down a little, no way would i go from this to being ground 80+ hours a week for similar comp.
Very fair.
Is it possible to move after a year and shoot for like $130K TC?
Honestly you may not even need to move to get that kind of bump if you're performing well.
Depends on where you are based but sounds fair. I would say maybe with 2 years experience you could shoot for more but if you move, be aware your hours do sound pretty light so I bet they would ramp up.
What if I go asset management? Would I get an increase in pay? I know WLB is best in that side of real estate
Like in a year or something? I mean maybe… but sounds like you’re getting compensated fairly and working the best hours you’re going to see in real estate for someone with ~1 year experience. Your career is a marathon… your pay will get better after a few years… silly to move jobs for 10-20% short term bump if it doesn’t align with your long term goals.
Yes
I started as a debt/equity analyst at one of those firms in a major market. I got absolutely crushed on my workload though and it was very stressful. A handful of the deals I was on got pushed out so I only made ~90k my first year. Second year our group had a great year and I was on a lot of deals that I also led and made a little over 160k. Ended up leaving to the principal side because I wasnt interested in focusing on debt brokerage. I think your comp is probably market depending where you are, but it also depends how your comp is structured. Are you paid out on each deal or are you only salary + bonus.
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