Hedge Fund Interview Course

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Comments (10)

  • Analyst 2 in Research - Other
Mar 25, 2021 - 10:27am

Have not worked there myself but have heard it's not amazing. Base will be standard with other divisions for the same rank but bonus of 5-15k or similar.

Apr 6, 2021 - 9:58pm

Any group that compares to this? how does their GSAM groups like Fixed Income or Fundamental Equities Groups compare in terms of comp?

  • Intern in IB-M&A
Mar 25, 2021 - 11:42am

AM & AIMS both have some really good groups, with analyst base that's on par w/ IB. PWM I'm not really sure, but likely significantly lower until you start climbing the ladder (then it gets complicated)

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  • Summer Associate in AM - Equities
Apr 7, 2021 - 6:37am

PWM investment side base is the same as in IB. Bonus around 15-20% though.

Mar 26, 2021 - 6:31am

PWM base is on par to other divisions / firms ($85k base); bonus is discounted ($5k-$20k depending on year & firm performance). PWM base slingshots up when you enter NPWA program to $125k-$150k. Once a "self sustaining" PWA, the sky is the limit (average PWA does $4M revenue = $1.25M take home comp; this would still be a VP)... PWM MDs clear $3-5M easy (some north of $10M).

-3rd year GS PWM analyst promoting to BDP / associate in the summer.

Mar 26, 2021 - 9:01am

Replying to PM:

Just heard anecdotally and seen some things on WSO... I'd estimate pay is ~20-25% higher at JP per level (at the analyst level). This is for their true PB (not the hybrid roll in the $1-10M space). So I would probably clear ~$20k more if I was to leave today and go to JP. BUT, significantly more upside as an advisor at GS (JP is salary / bonus, GS is % of revenue)... tl/dr: better to be an analyst at JP but and advisor (assuming you make it) at GS.

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