Research Analyst Comp - Big AM Firm

Fairly specific question.

What comp package should be expected for a Research Analyst at a large, well regarded, asset manager in Boston?

I've spent a few hours reading through all the posts and salary reports on this topic and I am seeing a very wide range, and most of the info is at least 4-5 years old.

I'd be coming in on the junior side and I come from a non-traditional background.

I am seeing as low as 125k base + 20% bonus and as high as 250k base + 100% bonus for someone at my level. What's reasonable to ask for these days?

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Comments (9)

Aug 26, 2018

throwaway213654, bummer your thread hasn't had a response yet. Maybe one of these threads could point you in the right direction:

  • Life at a Top Asset Manager AM, briefly: I spent 2006-2008 working for a top asset manager in an investment analyst role working ... sentiment echoed at other top AMs, but never at traditional asset managers. Another big difference is that ... Management Firms To Work For I'll be clear early on though, I worked at the type of asset
  • AM vs HF: The Business of Our Business others relatively wealthy, the Asset Management business has a much wider set of financial outcomes for ... of what the business itself really is when we say an Asset Manager or a Hedge Fund. I'll try to ... Asset Manager thread for more on that), and any specialty firms that might be particularly skilled at ...
  • A One Stop Shop For All Things Diversity Recruiting- The Most Exhaustive List On WSO Sales and Trading, Asset Management, Equity Research Eligibility: URM, Sophomores Deadline: November ... Summer analyst program, scholarship of up to $10,000 Divisions: Asset Management, Equities, Fixed Income, ... NYC (SF as well for IB) Divisions: Investment Banking, Markets, Asset & Wealth Management ...
  • Risk Management in Investment Banking I have accepted a Risk Management job at a large (too big to fail) bank in NY, i-banking division. ... Overview of Risk Management in IB Division OP, User @RiskyLVRG, an investment banking analyst, returned to ... The transactions I am working on are exciting and teach me a lot. Skills Needed For Risk Management ...
  • Asset Management: Portfolio Manager Career Path? So after doing my own research and reading this site I have realized the Asset Management is ... a asset management firm like BlackRock, PIMCO and wellington. Also what is the salary like for a portfolio ... Creative- Asset Management Associate wrote: The easiest and best way to do it is to work as an analyst level ...
  • Has anyone landed an analyst/associate role in Asset Mgmt or Equity Research with no experience? How? in research in Asset Management, equity research, with a long-term goal of being a portfolio manager ...
  • PERE comp table its management. Further, investment professionals typically earn greater bonuses than their asset ... its colors to the mast in terms of what pay the analysts, associates, vice presidents, directors and ... for firms and bonus season for individuals, we have located a firm willing to do just that: Ferguson ...
  • Management Consulting Salary & Compensation, Average Bonus in Consulting with their bonus; an Associate is not going to do that. Partner comp structure is highly variable firm ... have similar hours than consulting firms (although usually less by a margin), but the pay difference is ... business schools by geography. If your employer pays a certain amount, you might have to pay taxes on the ...
  • More suggestions...

Or maybe the following WSO members have something to say: @PaperMoney @rs_1994 @Zimin-Li

I hope those threads give you a bit more insight.

Most Helpful
Aug 29, 2018
throwaway213654:

Fairly specific question.

What comp package should be expected for a Research Analyst at a large, well regarded, asset manager in Boston?

I've spent a few hours reading through all the posts and salary reports on this topic and I am seeing a very wide range, and most of the info is at least 4-5 years old.

I'd be coming in on the junior side and I come from a non-traditional background.

I am seeing as low as 125k base + 20% bonus and as high as 250k base + 100% bonus for someone at my level. What's reasonable to ask for these days?

I can only speak to post MBA analyst positions, so adjust your expectations downward if you're moving into a senior associate or junior analyst type role.

For a large manager, typical post MBA analyst cash comp (salary+bonus) would be 200-275k first year with anything lower than 200k or higher than 300k being unusual. Many firms also offer RSUs or profit share which might add another ~50k the first year, subject to a multiyear vesting schedule.

Similar to the investment banks, large AM firms generally have pretty set pay ranges for first year analysts. If you're talking about a hedge fund the range could be much wider but subject to your performance.

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Aug 29, 2018

Thanks for the reply.

This is a post-MBA position at a traditional AM asking for 2-4 years of buyside experience.

Sounds like $150k base + 50%ish bonus in year 1 is reasonable?

I will prolly just take whatever they offer to be honest but want to be prepared if they ask for my salary expectations.

Aug 29, 2018

That's probably fair. They might offer a lower salary but higher bonus range. It will also depend upon what you're making today and what type of role you're moving from especially since you mentioned that you're from a non-traditional background.

Aug 29, 2018

Thanks for your informative reply.
I was wondering if there is any word on associate pay (straight out of ugrad) for Fidelity, Putnam, etc. Is it still 70k+10?

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Aug 29, 2018

A few years ago that was true. It might be a bit higher today but I don't have any recent data points.

Aug 29, 2018

Is this 10 bonus or signing bonus? 10 bonus seems low, no?

Aug 29, 2018

Base is def higher, around 80k. Bonus varies (at my shop it's ~15k, + 15k for each quarter our team fund beat the bench). Signing bonus is 10k.

    • 1
Aug 30, 2018