Analyst pay and progression at BB PWMs in London
I'm thinking of applying for PWM at BBs and a few boutiques in London. I've been finding it quite hard to find coherent information on Analyst pay and how that progresses over into Associate / VP pay. If anyone has any idea about this, I would massively appreciate some help!
Thanks a lot
GammaHedge
From my experience, PWM doesn't have analysts/associates. You may be thinking of Asset Management. PWM just has FA's and Senior FA's, etc... When you first start out, you're paid a base salary and it increases based on how many clients you are able to get on board. However, I believe that 3-5 years in, you do not receive a salary anymore. It's all based on your clients, profits, and the ability to gain more clients (high-net worth or institutional, depending on your platform/base).
Ab repellendus vel neque. Molestiae illum esse perspiciatis exercitationem molestiae repellendus aliquam consequuntur.
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...