Only --> Asset Management Comp + Income Progression
Hey Guys,
I'm a second year analyst in Asset Management. I wanted to share a page designated only for people who are currently in or were in Asset Management at some point to share their compensation history for the sake of learning more about what market pay is in various markets as well as how your compensation has changed over the years in this role.
I feel like many comp trackers vary way too much in roles, so I wanted to really narrow it down only to asset management personnel.
This would really benefit us when negotiating future bumps in pay in the future. For starters here is where I'm at.
Current Position: Analyst Firm Type: Private Equity (other choices --> REIT, Family Office, etc.) Market: National
Office Location: West Coast
Fund Size: $10B+ AUM
Typical Hours per week: 40 - 50 hrs
Comp: Year 1 Analyst: - Salary: $65k - Bonus: 5% - 10% Year 2 Analyst: - Salary $75k - Bonus: 10% - 20%
Lastly, anyone know what asset management personnel make at the VP, Director, or other top seniority level?
I recently transitioned into REPE from development at a GP. Focusing mainly on AM of distressed/value-add assets with some acquisitions work here and there. Had to be brought on as an "experienced" analyst but have had strong performance so expecting a bump to Associate 1 any day now.
Current Position: 3rd Yr Analyst Firm Type: Private Equity Market: National Location: 2nd Tier City (i.e. not SF/NYC) Fund Size: $20B+ AUM Typical Hours: 50-60 hrs
Comp: Year 3 Analyst: $100K Signing: $10K Bonus: 50-60%
Current Position: VP Firm Type: REPE Fund Market: Midwest Fund Size: $2B + AUM Typical Hours per Week: 45-50 Comp: - Salary: $130k - Bonus: 40% - Carried Interest in each of firm’s fully discretionary funds + JV’s. On average this typically translates to an additional $125-150k in comp per year (obviously subject to deal performance)