Completey under the radar, but this guy got nearly $7mm this year (recently announced): http://www.stltoday.com/business/columns/david-nicklaus/Stifel-ceo-s-bonus-doubles-as-pay-nears-million/article_a715092d-ef2e-5279-acdf-b936010b9bc1.html
To give this guy credit, he got paid more than MS CEO i think for MS 2012 fiscal year ($6mm). Question is, would you guys take a pay cut to work for a more "prestigious firm"?
Or are we all just pedigree whores that would rather be a CEO of MS/GS/BX over a MM firm just for the title. Isnt it all about cash flow at the end of the day?
The only people who care about prestige are college kids. If BX offers me $5 million and Stifel offers me $7 million, why the hell would I take BX over Stifel?
my point exactly...or if you're starting out your career- prestige is very important in the sense that it can help you meet more powerful ppl in finance, get better access to headhunters, ability to leverage that firm name to a buy-side opportunity etc.
but ya, on the more senior levels, id agree...cash is king.
But G.S offers great exit opps, like Sectary of Treasury for being CEO.
J.k who ever is paying more is where you will find me, esp at the CEO level.
Not sure what your point is...this guy is the CEO of a 5,000+ person financial institution. Plenty of far less noteworthy people in finance make $7M under the radar. This guy has reached the pinnacle of his organization...the Head Merchant at Kohl's making $7M all in is a lot more surprising to me (for example).
Jesus... get your facts right. Schwartzman cleared 230MM+ in a terrible market (2011).
So you're asking if I'd take a 223MM pay cut to work at a shitty (relative) firm?
/dumbest thread of the day
This. Gotta love the HS kids with their exponential increasing extrapolations about future pay.
you clearly misinterpreted my point. but if it makes you feel so good about yourself to anonymously attempt to shit on another anonymous person over the internet to receive fake "bananas", then you have other issues to worry about LOL.
^^^Nothing says butthurt like this^^^. OP took it dry.
The only reason you and I have an (8) SB/MS differential on this thread is because the general consensus what that you're an idiot, and I just happened to point it out.
because a more "prestigious" firm pays that in a DOWNSIDE case. look at what blackstone would pay in a normal or good year. idiot
what a silly question. you don't have to be a CEO to evaluate this proposition: how many people here would rather work at stifel for $170k or goldman for $140k?
answer: zero people.
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