Large AM Comp/Hours
I'm contemplating making the switch fromand am looking for hard numbers on what someone could expect (comp and hours) from a large global asset manager in . Not interested in PE, but am interested in portfolio management preferably with HY/Distressed/Converts/Structured Credit. This would be from somewhere like BLK, NB, , TRowe, Nuveen, PGIM, AB, etc... I know that I should expect a pay cut, but by how much. I know places like Vanguard and SEI underpay significantly so those are off my list. I'd like to join at the associate level. Please provide base/bonus numbers at any of these shops that were in portfolio management/investing roles and preferably how yours were.
Thanks in advance.