Debt & Structured Finance Vs Investment Sales MF

Hello everyone, I’m currently interning at a national brokerage ( JLL , CBRE , CW ) in appraisals . I have growing interest in these two lines of business and have established a relationship with both teams. I have potential to return the next summer. Can someone provide information on 1st year analyst comp structure ie. Draw or no draw ? Base ?
I’m leaning toward DSF . I would love to lateral to REPE in the future.

Thanks

 
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I've worked as an analyst for both IS & Debt MF teams in my office. Note that things differ drastically depending on company & location.

I live in a major US city and my base coming in was $65k, now up to $72k. Working with an IS team usually means there's some level of subjectivity to bonus compensation since they're independent contractors. On the debt side, bonus is roughly 20% - 100% of base depending on production volume. Analysts don't tend to have draws.

In my opinion DSF will probably give you a better educational experience, but it really depends on what kind of clients the producers cater towards. My office has a dominant IS team so it made sense to put in a year working with them to get more institutional exposure before transitioning to debt.

Feel free to PM me if you have any more questions.

 

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