Are titles @ SMs meaningless? Capping out?
Just from looking at Linkedin, I have seen that at top notch places such as Silver Point, D1, and a handful of other $5-15bn shops, you can't really make it past that senior analyst level. Yes, technically speaking a SM should have one PM and a bunch of analysts, but there are plenty of SMs with partner/MD/PM titles. I get that D1 is newer, but let's look at Silver Point: I don't see a single person that made it past that senior analyst title, even if they've been there for over a decade. I figure a senior analyst at a place like Silver Point or D1 pulls in anywhere between $1-3mm a year, but what do I know. Incredible comp for anyone at any age, but I get a sense that a lot of these guys are young, and have the capability and desire to crush it (and get fairly compensated for doing so) as they get older. Can these senior analysts break that 8 figure threshold in a breakout year, implying that titles don't really matter? Or does comp kind of cap out at that $1-3mm level for senior analysts @ most of these places, meaning you need to be at that partner/MD/PM level to pull in 8 figure prizes?