I'm in a top target undergrad and my goal is to eventually become a PM at one of the top AM firms (Blackrock, Fidelity, JPM, UBS, Wellington, etc).
Would anyone who's also on this track know the general way to get to the PM level? I've heard it described as simply as Top Undergrad -> Top Firm -> M7 -> PM, is this generally true?
Generally is recruitment out of undergrad harder or about on-par with IB recruitment?
What is the compensation generally like for PMs starting out and midway through their career?
And finally, is working as a PM generally "safer" than other high finance jobs like PE and IB where job security is relatively low?