Salary Progression in Asset Management

Rank: Monkey | 58

What is the salary progression at a traditional asset manager (e.g. BlackRock, Fidelity, M&G)?

As far as I can tell, first year base is around PS40,000 and 20 - 40% bonus. How does this change as you move up the firm? From reading a few threads here, it seems the pay is quite low even as a PM.

Comments (22)

 
12/10/16

Nobody can answer this without knowing what position, asset class etc you're insuring about

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12/10/16

Equity research.

I'm just wondering how base and bonus changes as you advance.

 
12/10/16
 
1/26/17

hey, did you end up finding out? pretty curious on this topic as well

 
4/21/17
 
4/23/17

Interested as well, especially in the figures regarding equity investments out of undergraduate.

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4/23/17

I don't know about undergraduate, but I can tell you comp levels for first year out of MBA at the long only investment management firms in equity research. Base salary ranges from $125k to $150k, signing bonus ranges from $25k to $50k, and end of year bonus is typically 1x base salary ($125k to $150k). As an analyst, your base doesn't change a ton, but your bonus can grow significantly. I don't know what associate PM's or PM's make yet, but hope to tell you in the future. ;)

 
4/23/17

dumb question but is your signing on bonus taxable?

 
6/23/17

is this M7 MBA generally?

 
5/9/17
 
5/9/17

http://news.efinancialcareers.com/us-en/247561/wha...
Salaries seem low compared to IB and the UK sucks big time compared to the US.

Don't say this in a banking interview:

Which superhero would you be and why? I want to be like Robin Hood, stealing from the rich and giving to the poor - me.

 
5/10/17
 
5/10/17

L-Star indicated that he/she is interested in buy-side equity research. The relevant figures are under research / investment analyst, which have highly comparable compensation (base+bonus) compared to investment banking at the analyst / associate level.

 
5/10/17

Not sure if this report is annual or every two years, but generally I've found their data to be at least directionally accurate:

http://www.johnsonassociates.com/wp-content/upload...
If anything, for the decent sized shops, comp numbers for analysts/PM's look pretty low to me. Generally comp is going to be pretty similar to banking for same-tenured roles.

 
5/10/17

In IB you don't get paid more for staying longer, what about Asset Management? Do they pay overtime?

Don't say this in a banking interview:

Which superhero would you be and why? I want to be like Robin Hood, stealing from the rich and giving to the poor - me.

 
6/8/17

I was actually laughing out loud in my cubicle!
LMAO TROLL ASF!

 
10/19/17

You must know nothing about what a salary is...

 
6/7/17

...

let's see Paul Allen's card