Is a $60K Base Salary + 25% Sales Commission + 5% Equity a good compensation package for a Hedge Fund Sales Director?
I have been offered a job as a Sales Director at a small hedge fund in Chicago. The hedge fund has only 3 employees and an excellent 5 year track record with an average return of 15% p.a. (after fees) and a maximum drawdown of 15%. The financial package I have been offered is $60K base + 25% Sales Commission + 5% equity stake in the company. The 25% sales commission represents "25% of the management fees plus 25% of the performance fees" based on the assets raised by myself. The firms fee structure is a 2% management fee plus a 20% performance fee. Just wanted to reach out and see if I have been offered a good deal? Thanks in advance.
Placeat quibusdam expedita officia ea consequuntur. Aliquid quia occaecati et. Corrupti ratione cumque eos deserunt perferendis. Est et voluptatem aliquid eligendi impedit deleniti velit exercitationem.
Quo vel soluta quod placeat repellendus odit. At quos repellat impedit et esse explicabo.
Neque in adipisci officia. Modi culpa facere mollitia eaque. Nobis exercitationem dolore mollitia possimus sapiente et. Quas adipisci fugiat mollitia impedit minus.
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...