To keep it short I just graduated undergrad from a non-target. Not a bad school but nothing special. I finished with a 3.6 GPA in Finance and Management. I got an offer at a F500 as a FA with a base of 57.5k and 7.5% minimum bonus. Come April I can possible get a merit based increase as well. Just wondering if this is a good starting spot and is the pay average/low? I wanted to do IB however was not able to get a position out of college. Can I make the move to IB or AM from this position? Any tips or comments would be great.

Starting salary isn't bad- it fluctuates a lot based off COL, the industry you are in, etc etc. To put it in perspective, everyone in my F500 FLDP started at 57k + 3k signing bonus, plus 2-4% performance sharing. This was for everyone, whether they were east/west coast, or in a cheaper central city. That said, I'd say your pay is average. You'll find peers making more, some making less.

Starting FA in F500, am I in the right place?

Corp_titan

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