Requesting career advice as an analyst
Hello, I see a lot of folks in their 20s and early thirties pulling down 100-200k+ and I’m wondering how did you guys find those roles so young in your career? I’m currently making approximately 70k all-in in AM at a decent sized shop (2B assets but no official fund structure yet - coming soon though). 1.5 YOE (and late 20s). My firm is located in Atlanta so I’m not expecting NYC level income but. I’ve been told I’m killing it but the work is so easy and not that challenging, plus other analysts seem to stay at that junior level for 4-6+ years here before seeing any potential for chance for associate responsibility (and pay), when I’ve seen other shops that is as little as 2 years. I’m leveling up my modeling skills after hours with online resources to move into a more hybrid Acq/Am but the market is so dead right now it’s hard to stay focused on that when the market seems at a standstill (less hiring even for experienced hires). Anyway how are you guys finding these positions as I’d like to be more strategic in my attempt to level up. Did you just start really young (like 21-22?) and thus have 5+ YOE already or something? Or did you just ride comp up in a red hot market the last few years before rare hikes? Grad school seems like a too so if that’s the answer to higher income, I think I’d rather slog it out for a couple more years getting real money and experience. Willing to relocate. Any insight and perspective is appreciated as I am just trying to learn.