Showing results:
Displaying 51 - 100 of 540
Why not just stay in banking forever?
....
Pay step up from AS2 to SA
In terms of percentage, what compensation step up have you seen/would you expect when going from 2nd year Associate to Senior Associate? I've received the communication that I'll receive the promotion at the end of the year, but there's been no compensation discussed, and I want to understand what...
Golden Handcuffs v Growth?
For context, I've been with my firm for several years - lean small cap PE - and have managed to work my way up to running my own vertical. We're raising another fund that would bring the AUM close to $1B in my vertical if all goes to plan within a few years. I've been juggling the idea of working...
REIT vs. REPE
What is it like to work at a REIT as opposed to working at a REPE company or some other real estate role in terms of exit opps, compensation, deal work, etc?
LMM PE Firm Comp?
Hi all, never posted before but I've been trying to find out what the comp is like at small PE firms out west because there's a ton. Think 50-100MM size funds. Any insight is appreciated!
Why is everyone at Jefferies so hot?
Maybe it is just the people from my school, I don't know. But I come from a school with decently good recruiting at Jefferies, and every year, only hot people get picked for the SA offers. Search them on LinkedIn. Every person, men and women, perfect 10s, absolute models. I can't explain it. No...
MD Recruiting Timeline for Undergrads
Hello all, I am a current sophomore at Shorter College in Little Rock, Arkansas and I was wondering if anyone has any insight for undergrad MD recruiting. I see a lot of peers posting on LinkedIn about accepting 2024 SA positions; however, I know I have a lot more to contribute to a firm than the...
New London IB Analyst - WLB/Comp Questions
I'm starting a new analyst role at an elite boutique coming from a non-IB background, and have a few questions for the forum. Knowing a few people in IB I already have an initial impression but obviously experiences vary and I'd be keen to get your thoughts on any of the following: - Do you bring...
Comp Ib vs Management Consulting in continental Europe
I am currently in the final stages of completing my Bachelor's degree in Economics at Solvay in Brussels. Following that, I have secured an internship in Asset Management in Paris (AUM) totaling 160 billion EUR. My plan is to pursue a Master's degree in Finance (IE, ESC,...) after completing my...
London - Data Centers Comp?
Hi everyone, Does anyone know how is the comp for RE investment roles at Data Centres companies (the likes of Colt, Yondr, Global Switch, etc.) Much appreciated 🙏
When does "year 2" start for analysts / associates?
So say you start in July or August, does "year 1" last until end of the calendar year? Or does it last until a new class of analysts / associates start one full year from your start date. Curious because of the jumps in base salary between analyst/associate 1/2/3.
Natural Gas Trader Compensation
Hi, My name is Ryan, I'm a new RINS and gas trader at small gas shop in the midcon. I worked my way up from the mid office at an MLP and am trying to figure out where the best paying gas trader jobs are. Tenure and experience is important in comp, I am aware. Trade shops who pay a percent of book...
Carry for In-House Counsel
Hi all, I know this may be an "every fund is different" sort of question but I have an interview coming up for an in house counsel role at a PE fund. On the topic of compensation, is it appropriate for in-house counsel for carry? Its certainly not a deal breaker if that out of bounds to ask for but...
Comp Progression In Asset Management Distribution Channel
Hi everyone,I recently accepted an offer to intern this summer at a top 10 asset manager in NY in a sales role, specifically in Fixed Income in their AM business, I know that A1 base salary is similar to IB ( around 100k base) but I was wondering what sort of progression in comp could be expected. I...
MUFG Rundown
Can someone please tell me all the typical stuff I need to know about working at MUFG? What is it like?
Expected base pay?
I am currently recruiting for IB internships at a variety of firms and many ask on their applications what my expected base pay is. I have just been putting $100,000 annualized because I would be fine with that and do not want to ask too much. It is the lower end of what I have seen for jobs with...
$2B Private Credit Shop - Associate Comp Expectations
Hi All, a small private credit shop in Philly that I've been interviewing with has been giving me strong buying signs (MD hosted me at NYAC, CEO called me on a Friday 5:30) and tomorrow those two plus CIO are meeting in Manhattan (where I live) for a drink. I have no idea what to expect for comp and...
Comp Adjustment with Promotion
So, I know the answer to this already, but just to ensure I am not totally off my rocker... when someone gets a promotion from one level to another, do you typically get that increase in base salary immediately, or do you work your way up to it over a couple years. As an example, if the base salary...
Alvarez & Marsal - Digital and Technology Services - Modern Technology Advisory, Corporate Performance Improvement Team
In Digital and Technology Services – Modern Technology Advisory, Corporate Performance Improvement Team 1. What to expect in subject matter interviews? Will it be a case study? 2. What is the salary & bonus range of Sr. Director? How is the bonus calculated? 3. What is the minimum utilization...
what the f*** is up with these shite investment banking analyst wages?
Alright, listen up lads! As a fresh-faced first-year IB analyst in the big smoke, I gotta say, the comp situation ain't looking too hot, ya know what I mean? I mean, I know we're all supposed to be grateful for the opportunity to grind it out in this cutthroat industry, but c'mon now, we gotta be...
Ruffer - insights on culture, reputation and comp progression?
Hello, Interviewing with Ruffer for a graduate investing seat soon. Undeniably, they have a solid investment track record but as a smaller shop, it's difficult to gauge reputation, exits, comp progression and culture through online sources. Can anyone provide an insight into these factors for...
PortCo C suite Comp Insights
One of my good buddies dads is a COO of a ~$500MM revenue, $30MM EBITDA PE owned manufacturing business approaching exit (has been held around 5 years). ~$575k cash comp, 100% bonus target, and ~3% equity ownership (clean vesting, no hurdles, just vests over three years or fully upon exit, multi 7...
2023 Comp Thread
Surprised nobody has started one of these for YE comp yet! I will post my comp info when I get it next week, but please see below for sample formatting. Any and all data points are greatly appreciated. Market: NYC YOE: 4.5 2023 Base: N/A 2023 Bonus: N/A Position: Associate Role Type: REPE...
Is this 'market' family office comp?
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...
Wealth Management Bonus
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.
Middle East Opportunities
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...
First Paycheck Spending Story
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...
Wealth Management Basic Info
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...
2022 Associate Bonuses (IB)
Update: please post in 2022 Bonus Megathread as this is duplicative. Unfortunately I am unable to delete.
Boutique Private Investments Compensation and Advise
Fund size
[Resource] VC Analyst & Associate Pay Benchmarks
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...
2022 Compensation - What Are You Guys Expecting?
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...
PhD quant fund compensation 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...
RE Acquisitions - Promote/Carried Interest Comp
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,...
London Private Credit Compensation 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...
Corporate Development UK salary expectations
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...
NYC Acquisitions/Investments Associate Comp
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...
negotiating comp at a strong fund?
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...
Real Estate Banking Compensation
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,...
PE PortCo Opportunity - Feedback Requested
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,...
Are interns really making 50+ an hour with overtime at certain banks??
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...
Heidrick & Struggles 2022 report is out
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…
2022 PE Compensation Survey Results
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…
Family Office Question
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...
Negotiating First Year Analyst Offer at Bank
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...
CPPIB compensation / hours
Hi folks, can anyone shed some light on CPPIB’s comp / hours / culture / progression opps in London?
The Morgan Stanley Discount
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...
US equivalents of Canadian investment banks
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.
London Bonus FY 2021-22 Thread
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
$500k for IBD first year analysts
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
or Want to Sign up with your social account?