compensation

Maybe I'm overthinking this with limited knowledge on FO comps but I've been consistently working 60 hours M-F and a couple hours on the weekend. Enjoying the work overall but not happy with the firm structure and some of the redundant, not relevant work and slides we have to put together just for...

24 Jan 2023

Heard from a little birdie it is bonus season at some of the bigger wealth management players. Would love to start a thread where people post their position, annual comp, and bonus for the year as a reference for people thinking about going this route.

17 Jan 2023

Hi all, I'm currently an associate at a family office in the US; we look at pretty cool stuff but have a focus in sports, media, entertainment, etc. Recently, I've gotten interested in exploring PE/GE/VC opportunities in the Middle East (Abu Dhabi, Dubai, Qatar). I grew up in South Asia and am...

06 Jan 2023

From all the threads about comp on this place, wonder why one like this did not exist already. How did you guys spend your six figures? The first paycheck/bonus obviously hits different. Your first salary or first bonus, what was the best thing and worst things you bought with that money? Any wise...

27 Dec 2022

I am a current sophomore at a solid/decent target undergrad business program with a pretty good finance placement record heading into my recruiting semester for IB. I still don't really know what I want to do with my life, but the general field of finance is probably where I will end up unless...

19 Dec 2022

Update: please post in 2022 Bonus Megathread as this is duplicative. Unfortunately I am unable to delete.

12 Dec 2022

Fund size

10 Dec 2022

Hello VC monkes and hopefuls, I've noticed a lot of questions regarding VC/Growth compensation. Here's the data, gathered by a survey of folks in a community I'm a part of, for Analysts (fresh from UG, generally) and Associates (generally after 2 years in IB/consulting). FYI -- I think the carry...

09 Dec 2022

What are you guys expecting on comp this year and what would you be happy with? Imagine folks at BB are expecting less than EBs given that revenue at a lot of EBs has held up. I'll start. I'm an ASO3 at EB and made ~$525k all-in last year as an ASO2 (ASO3 apparently was ~$600k). I'm setting...

30 Nov 2022

What is the current 1st year compensation outlook for new quants holding PhDs at either hedge funds or market makers? A data point I have for a market maker (for any grads/no PhD) is €25k sign-on €75k base €125k 'variable pay' - not sure if this means your potential bonus is capped at €125k...

25 Nov 2022

Hey all - Trying to gather some intel on promote/carried interest compensation structures for sourcing roles (ex. VP/Director and up) at institutional RE shops. I've spoken to a lot of peers in the industry (generally ~$5 - 50bn AUM investment managers), and there seems to be a ton of variability,...

23 Nov 2022

There are lots of data points on here for IB and PE but haven't seen much on Private Credit and specifically in London. With bonus season coming up would be good to see comp across different funds. Suggested inputs: Fund size: £Xm / bn range (Debt only if PE company) Fund type: Debt / Private...

23 Nov 2022

All, I recently received an offer for a Corp Dev Associate position at a PE backed tech company. There isn't much information on salary progression for the UK so I was hoping to get some guidance. I appreciate that it is difficult to compare since role titles tends to be quite variable compared to...

09 Nov 2022

Can anyone give info on compensation they are receiving on the acquisitions/investment side? Or at least say what they are hearing through the grapevine. Want to make sure I'm not selling myself short or asking for too much (currently in negotations with a shop on comp). The previous threads on here...

21 Oct 2022

I'm relatively new to quant finance, but have been interviewing for quantitative researcher positions and am at the stage where it seems not completely outlandish to think that I will get an offer at 1+ pretty good place (think, eg., Rentech, TGS, PDT, DE Shaw, HRT, JS). I am coming from a tenured...

21 Oct 2022

I've looked through various threads on comp and can't seem to get a real answer on this. Currently at an associate at a BB and trying to get an understanding of what is fair market comp The role itself is interesting as I sit within the CRE Warehouse Financing group and our clients are debt funds,...

12 Oct 2022

Hi all, I'm relatively new to WSO but have been looking for information about PE firms and PortCos because I've recently been asked to join a couple. I have a healthy career currently and was not looking for a change but these opportunities are making me think otherwise. Background: I'm early 30s,...

22 Sep 2022

I've had friends at WF/UBS say they got ~$50-$53 an hour on top of the bonus over the summer. Apparently making 16-20k a month because of 1.5x overtime. It doesn't add up at all but I just nod when they tell me instead of trying to call cap. Just heard another friend tell me his lending/debt...

21 Sep 2022

Heidrick & Struggles' 2022 North American Private Equity Investment Professional Compensation Survey has been released. Looks like some significant step ups from last year across the board: https://www.heidrick.com/en/insights/compensation…

19 Sep 2022

Many of you have questions regarding PE comp, and to front run questions, I wanted to share the 2022 H&S survey, which is a pretty good barometer across all position levels and fund sizes in PE https://www.heidrick.com/en/insights/compensation…

16 Sep 2022

I'm hoping someone can provide some color on a few questions I had on family offices. I'm fully aware that all family offices are different, so there will be great variability. I'm currently in the process of transitioning roles, moving from a traditional PE firm to a single family office. They have...

04 Sep 2022

I received an offer to work for a large bank (GS, MS, JPM) as an analyst once I finish my senior year of college. I want to negotiate as I don't want to leave anything on the table, but everything is standardized across the bank (base salary, sign on bonus, PTO, etc). Where can I negotiate / what...

15 Aug 2022

Hi folks, can anyone shed some light on CPPIB's comp / hours / culture / progression opps in London?

28 Jul 2022

As bonus numbers start coming in, I'm interested in hearing about MS all in comp. Information on here about junior comp has been sparse. Even on previous threads dating back years, there's a big lack of information regarding bonus numbers and all in comp even though it's considered a "Top BB". From...

23 Jul 2022

I am trying to gauge the prestige of the large investment banks in Canada, specifically in Toronto. Can anyone provide a list of the big firms in Canada and an American equivalent? (ie. RBC = JPM). I have a better understanding of US banks. In Canada I'm having a hard time differentiating the big 6.

23 Jul 2022

Let's start a thread with comp (London based) with the following: -Bank -Rank/year -Base -Bonus -Bucket Curious to see what comp is like across the street and how it stacks up to the US/continental Europe

19 Jul 2022

Have heard a few boutiques (smaller with very strong deal flow) paid $500-750k for a first year analyst ($150 base and remainder YE bonus and then deal related), with $1+ million for associate promotion bonuses anyone heard similar? This is not a bulge or evercore but smaller "elite" boutiques

09 Jul 2022

Can anyone drop their comp for Corp. Dev. Associate pay at start-ups in terms of cash comp? Equity is equity, and that will materialize depending on the amount received and the performance of the company. But cash comp is what I'm worried about. Without going into too much details of the company,...

07 Jul 2022

Hi all, I was wondering how total comp compares among MM banks (Upper-tier ones like Jefferies, WF, Houlihan, WB, Baird, etc. as well as tier 2 MMs like Harris Williams, RJ, Solomon Partners, Stifel, etc.) Is pay at MMs usually comparable to BBs, and in terms of career progression, is comp generally...

07 Jul 2022

Now that bonus szn is behind us, where are y'all at? Year / fund size / base / bonus / location would be extremely helpful.

05 Jul 2022

Hi guys, Does anyone know about the comp/culture aspects for JP Morgan Real Estate Asset Management team? What are common SA interview questions? How much is acquisitions analyst pay out of UG? Is there also an option to relocate to SF or is the position based only in NYC/LA? How have their funds...

28 Jun 2022

Hi people, About to re-negotiate my comp (Analyst at a mid-market PE shop), so curious to hear if and by how much salaries for PE juniors have increased. For reference: currently on £60k base + £30k bonus and think that is severely under market, based on what I heard from my friends. Thanks!

27 Jun 2022

It seems this question gets asked a lot but people never get a straight answer. My numbers are from internally distributed pay data from one of the big four (CBRE, JLL, C&W, Colliers) international full service shops in Atlanta from the 2017 calendar year. Sorry, it's a bit out of date, but it is...

26 Jun 2022

Did anyone else get this survey/do it? I heard they're publishing it, might be interesting to the what's good in the market. https://forms.gle/fBXzQB8GHFLNmW297

21 Jun 2022

Do publicly listed PE firms have a different comp structure than their private counterparts? Do professionals get stocks as part of their compensation? If a fund is giving up a portion of its management fees and performance fees to its shareholders, wouldn't the pie be smaller for the professionals...

20 Jun 2022

Hi All, I was just wondering if anyone knows what a PE Analyst's compensation looks like, particularly in Canada. I saw that Brookfield takes on analysts sometimes in their Toronto office and was wondering if anyone has insight into what their numbers look like. Thank you

14 Jun 2022

Hey everyone, I'm joining a non-PE group within a top megafund (Carlyle/Blackstone//KKR/Apollo etc.) as a summer analyst next year and am wondering if anyone has any insights as far as what I can expect for total comp (base + bonus) for a 1st year analyst. Appreciate any input!

13 Jun 2022

Hey Guys, Does anyone have any information on Goldman Sachs Toronto Office, IBD? The last post I saw was from 2008. Looking to get a gauge on: Culture Average working Hours Comp: AN1, AN2 and Assoc 1 - (What is the CAD equivalent ? [USD110K, USD125K, USD 175K] x 1.3] ) ? Update for Global BB...

12 Jun 2022

I have an interview for a Blackrock private credit investment associate role coming up, does anyone know salary expectations here? I assumed somewhere in the ~225k-250k all in range.

11 Jun 2022

Looking to gauge the market on overall private credit comp these days given salary increases over the last year or so. I'm a first year Investment Associate at a middle market private credit shop, looking at 175-200k all in, but would be curious what others are seeing. Would love to hear some data...

11 Jun 2022

By popular request, here is a consolidated thread of street base compensation. I will update this fairly regularly with any bumps or additional data I find. An1 focused bases are on the bottom part of the thread. Last Update: 6/16/2022 Bulge Bracket Bank of America: An1 110 / An2 125 / A1 175 / A2...

10 Jun 2022

What should a growth equity analyst expect to make out of UG? Is there much of a difference between firms? Tell me: Base Range Signing Bonus? Bonus Little insight on this topic on this forum, no transparency how much an analyst should be shooting for / if they are getting underpaid. Also, if you are...

01 Jun 2022

Any insights regarding the pay range for an associate for a Tier 1 mega fund in New York City?

01 Jun 2022

Looking for advice on culture, how it compares to other mega funds in terms of comp (longer term not necessarily just at Associate level), culture, brand recognition / prestige, exit opps to hedge funds (not Analyst level but at Associate and above levels), and MBA placement. Assume that location...

19 May 2022

Does anyone know what Vista Equity Partners currently pays first year PE Associates (or what is listed in offer letters for Associate positions for summer 2023 starts)? This is for the buyout team, not credit or public equity. Trying to get a sense of the current comp. Thanks!

07 May 2022

I'm comparing offers right now, and one I'm leaning towards is giving 105k prorated for SA salary. Should I assume that full-time A1 salary will be the same? I'm not sure how it usually works.

06 May 2022

Anyone have any examples of firm-wide MMF analyst base scales getting raised across any large pod shops this year (because of inflation)? I'm talking about firm-wide level base bumps for experienced senior analysts, not 1-off "generous" PMs. The big MMFs have somehow maintained their similar...

03 May 2022

If you were a first year IB analyst last year, what was your total compensation? If you are a current A1, what do you anticipate your all-in comp to be? Please break it down between base salary, signing bonus, and end of year bonus. Additionally, if you could name the bank you work at (or just the...

30 Apr 2022

I'm 8 months into my new role as an Associate and the feedback from the partners has been overwhelmingly positive--they want me to come back after business school, my work has been high quality and quickly created, and one partner told me, "You're not a senior Associate, but you're operating at that...

19 Apr 2022

Why would anyone in their right mind switch from BB Analyst --> MF PE Associate? Why not just go A2A? Everyone on this forum talking about how MF PE is 2x worse than IB for work/life balance, similar pay at junior levels, and very little chance of making partner or getting that coveted spot at the...

14 Apr 2022