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    What is the pay like for analysts, associates, VPs workin in the investment management/asset management divisions of banks like JP Morgan, Goldman Sachs, BNY Mellon?
    I can't find any info online. Also, is it still considered front office?
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    (Original post by biglad2k16)
    What is the pay like for analysts, associates, VPs workin in the investment management/asset management divisions of banks like JP Morgan, Goldman Sachs, BNY Mellon?
    I can't find any info online. Also, is it still considered front office?
    It's not 'traditional' front office in the same sense as S&T, IBD and Research but it is revenue generating, so technically, yes - front office.

    Don't have concrete figures but from what I've heard base is similar to slightly lower than the rest of FO starting, and bonus is quite a bit lower for the first couple of years. After the VP+ stage pay will depend on performance, with Portfolio Managers having the highest upside.

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    Not sure about those banks specifically but of the people I know who went into Asset Management (albeit a small sample size) starting salaries are somewhere in the region of late 30s to mid 40s (think 36-45ish) and after 3 years 45-60ish, can't comment on bonuses though. Hope that helps!

    Edit: Don't take this as gospel, it's anecdotal and my friends could've been modest or exaggerating.
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    https://www.glassdoor.co.uk/Salary/G...ries-E2800.htm
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    Awfully inaccurate! Especially as some people put their wage under 'Analyst' or 'Associate' with no indication of which division they work in. What you get is some hodge podge average of all divisions that is pretty much useless. Although, the 'Investment Banking Analyst' entries are quite accurate.

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    (Original post by Earl Campbell)
    Not sure about those banks specifically but of the people I know who went into Asset Management (albeit a small sample size) starting salaries are somewhere in the region of late 30s to mid 40s (think 36-45ish) and after 3 years 45-60ish, can't comment on bonuses though. Hope that helps!

    Edit: Don't take this as gospel, it's anecdotal and my friends could've been modest or exaggerating.
    They weren't boasting. Seems about in-line with what offers I've seen.

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    You can make better money trapping mate
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    (Original post by Princepieman)
    It's not 'traditional' front office in the same sense as S&T, IBD and Research but it is revenue generating, so technically, yes - front office.

    Don't have concrete figures but from what I've heard base is similar to slightly lower than the rest of FO starting, and bonus is quite a bit lower for the first couple of years. After the VP+ stage pay will depend on performance, with Portfolio Managers having the highest upside.

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    (Original post by Earl Campbell)
    Not sure about those banks specifically but of the people I know who went into Asset Management (albeit a small sample size) starting salaries are somewhere in the region of late 30s to mid 40s (think 36-45ish) and after 3 years 45-60ish, can't comment on bonuses though. Hope that helps!

    Edit: Don't take this as gospel, it's anecdotal and my friends could've been modest or exaggerating.
    Thnx guys
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    Just to add what others have put excellently before me, I can say that starting salaries for AM in BBs is around 45k while for pure AMs they offer just below 40k with some as low(contextually) as 30k. Hope that helps and i'm not just repeating what others have said!
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    How does BlackRock compare to AM at a BB bank?
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    (Original post by Breakingbank)
    How does BlackRock compare to AM at a BB bank?
    Slightly less pay
 
 
 
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