Mutual Fund Salaries - Salaries for analysts?

What are the salaries for analysts at mutual funds. Entry level positions please. More boutique companies that have 1 or 2 funds they manage. West Coast vs East Coast

250mil AUM
500mil AUM
1B AUM
5B AUM
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Comments (21)

 
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Feb 28,2013

I assume you're talking straight out of undergrad? The progression on the buyside typically goes associate --> analyst. Base pay is typically comparable to IB, bonuses are lower, but so are hours (50-60 hours/week). All in most make 80K-100K right out of undergrad depending on fund/location. Because hours are lower, average hourly pay is higher than other areas of finance.

 
 
Jul 31,2013

Sorry not very clear but this was a question if anyone knew what base and/or bonus was at mutual funds....

 
Jul 31,2013

I only know post MBA, its about 100k base and 20-70% bonus.

You wanna hedge risk? Risk comes from not knowing what your doing.

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Feb 28,2013

If it has less than a 1B AUM, I can't imagine them paying you close to a $10B+ fund. If you just look at the amount they make on fees, a billion dollar fund has to cover legal, accounting expenses, and then pay out salaries for all the employees, then still have money left over for distributions as well as extra to add to a cash reserve.

 
 
Jul 31,2013

People at my firm have gone on to hf's, sell-side research, top 5 MBA, stayed at the firm, or went to larger/other long-only shops. 1st year pay is standard 70+10 base.

 
Jul 31,2013

Btw, most asset mgmt analyst programs are 3 years (vs 2 for banking).

 
Jul 31,2013

Thank you...is there eoy bonus range ?

 
Jul 31,2013

Comparable to SS research, some places less, some more. Bonus gets much higher if you stay after the program.

 
Jul 31,2013

what is the SS research bonus range ? is that starting like 10-30 ?

 
Jul 31,2013

bump.....end of year bonus for mutual fund starting salary ?

 
Jul 31,2013

In my experience it has been 80 base + 20 signing + up to 40 eoy. May or may not be the norm.

 
Jul 31,2013

What are the pre-requisites of getting into a mutual fund? Good places to start in Europe?

 
Jul 31,2013

Would love to hear more about this in the US...

 
Jul 31,2013

bump... also interested in general pre-requisites and salaries for Mutual Fund Analysts in the U.S.

 
Jul 31,2013
 
Feb 28,2013

I hate victims who respect their executioners