Trending Content - Sales and Trading Forum
Career Resources
WSO Free Modeling Series - Now Open Through
October 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
No, that’s a ridiculous comment. Many non PM’s in the HF space clear 100% of base. Also, it is different by fund, at multi manager firms if you have any impact on PnL you have higher upside than 100%. Again, fund performance, fund size, your role, etc, will all matter on how you get paid out.
They may be referring to “entry level” HF roles, the expectation there is ~50-100% of base for your first year.
Isn't what they said true for execution traders?
Execution traders on buy side? Yes probably, the further you get from generating PnL the lower your upside is. That being said, most people aren’t going to the buy side to work purely on execution. Working on execution that requires strong investment understanding (i.e. how to limit costs, how to appropriately structure bets, etc), basically the more it is value add as opposed to basically a computer, the more your upside is on the bonus.
Ut hic omnis autem eligendi provident beatae debitis aliquam. Aspernatur eaque labore veritatis earum labore. Et iusto totam praesentium est corrupti minus qui.
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...