Quote:
Originally Posted by Unregistered
Does anyone know the pay progression for a product role, not PM, in top AM firms (eg vanguard, blackrock, fidelity, pimco etc), from analyst 1 through 1st year VP?
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Guideline is take total pay for sales role at a bank and discount by 30%. For average performer sales role at bank pays roughly -
yr1 - 150k
yr2 - 200k
yr3 - 250k
yr4 - 350k
yr5 - 420k
At the top level it becomes more variable as you are responsible for driving the business.
Source: I am in the recruitment industry.