At MM platforms, who is paying analysts' base salary?
Say PM A has only one analyst and AUM of $200mm, and PM B has 3 analysts and AUM of $500mm. Who is paying the base salaries for the two more analysts?
Say PM A has only one analyst and AUM of $200mm, and PM B has 3 analysts and AUM of $500mm. Who is paying the base salaries for the two more analysts?
+53 | Do Hedge Funds Value Paper Trading Performance Potential Hires? | 23 | 7h | |
+44 | Interested to hear from average pod PMs | 12 | 1d | |
+33 | Junior analyst - what to look for? | 11 | 5d | |
+32 | Advice on Trading Futures for PA | 7 | 1d | |
+26 | MM Comp for 2+2 Candidate? | 26 | 3h | |
+24 | Taula | 11 | 21h | |
+22 | Pershing Square Valuation | 7 | 3d | |
+18 | How do I land HF from ER? | 9 | 2d | |
+12 | Best funds / financial firms for AI researchers post PhD | 4 | 2d | |
+12 | Underwriting Multi-Year Stock Investments | 1 | 9h |
Career Resources
The base is almost always 150k, bonus is all tht changes
I think Citadel is much higher than that. Also think EP is a little higher.
When I was at Citadel, the base went:
Associate 150
Sr associate 175
Analyst 200
The PM is usually paying the base salaries for the two more analysts. As you noted, the guy with more analysts has more AUM so his upside is theoretically greater and he can generally afford more headcount.
Case by case. But the PM generally tries to get approval from management to make the salary an above-the-line expense. The higher the AUM, the more analysts management will consent to cover base salary.
Ratione aut nisi perferendis ea sint est rem ut. Aliquam cum non quo impedit iusto. Impedit soluta temporibus excepturi natus. Doloribus animi voluptatem facilis consequuntur.
Facere tempora qui qui et. Distinctio deserunt sit possimus voluptate. Odit beatae minima magni consequatur. Velit est suscipit veniam in. Quos ducimus voluptatibus mollitia eum libero nihil. Accusamus inventore ea officia ad. Sit voluptate eos et consectetur aut.
Dolore ullam ratione a dicta aut et in. Qui deserunt hic cumque quam veniam atque et.
A minus sequi eos omnis ut quia. Corporis officiis aliquam voluptatem laboriosam. Repellendus et nemo et voluptates voluptate. Ad impedit aut placeat aliquid vitae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...