Small vs Large AM Shops

I was wondering what general thoughts are about differences in AM firm size and what this means for a junior employee.

Specifically, what are some of the pros/cons of starting a career at a large AM shop (e.g. Fidelity, TRowe, Cap Group, etc.) vs a medium-large shop ($20-$100B AUM) vs small shops (<$10B AUM).

I am aware of some of the differences such as brand name, responsibility, etc. but I am curious about differences in career development, pay, exit opps, learning, etc. at these firms and how they compare.

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Jan 12, 2019