GS Buy-side Discount?
I know theres a lot said about the GS IBD discount compared to EB pay, was wondering if anyone had any info on GS pay in their non IBD groups (PWM, AM, AIMS, etc) compared to these groups at other BBs or asset management firms?
Mar 17, 2021Mar 17, 2021
Hedge Fund Interview Course
- 814 questions across 165 hedge funds. Crowdsourced from over 500,000 members.
- 11 Detailed Sample Pitches and 10+ hours of video.
- Trusted by over 1,000 aspiring hedge fund professionals just like you.
Related Content
See moreWSO Virtual Bootcamps See all
Popular Content See all
Total Avg Compensation
April 2021 Investment Banking
- Director/MD (9) $911
- Vice President (34) $348
- Associates (183) $233
- 2nd Year Analyst (105) $150
- Intern/Summer Associate (95) $145
- 3rd+ Year Analyst (26) $145
- 1st Year Analyst (390) $132
- Intern/Summer Analyst (317) $82
Related Events See all
Comments (10)
b
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.
AIMS PE is on par with IB
Any group that compares to this? how does their GSAM groups like Fixed Income or Fundamental Equities Groups compare in terms of comp?
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)
-
- Learn more
- | Suggested Resource
Learn More300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.
Learn morePWM investment side base is the same as in IB. Bonus around 15-20% though.
any more info on gsam bonuses? Through each year or by group if possible (pm vs client). Thanks
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.
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.
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 Want to Unlock by signing in with your social account?