What a ****ing cunt of a loser who doesn't know **** or anyone in those circles.
Really hopeless. Asset management ISN'T paid the same as IB. HHHAHAHAHHAA. Real joke. I dare you to verify your claims. Stop repeating lame ****, ****ing poser. |
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"Wrong, previous comment about the compensation (9.6k) in front office positions at bulge brackets is correct. Why is this so hard to believe? We are talking about the biggest banks here... Must be another kuku bird who isn't in FO." If you don't have accurate and reliable first-hand information, why would you want to give wrong information to others? Having said that, we should chill a little here. As long as you're in BB FO, the pay would be way above the average. The difference between that 9.6k and 8.5k isn't all that much. If you're arguing over that 1.1k difference, it is likely more about ego rather than about satisfying your personal needs. And yes, FO employees in BBs are paid differently across the IB/AM/WM/ER divisions. |
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Do u know the range between FO for those divisions? I heard a PB ARM gets about 4-5k... Not sure about Er,am trading and ibd |
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But the difference isn't all that minuscule because it adds up (across salary and bonuses). |
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I work in a Bb 2nd year and I draw about 13k basic these days... Bonus not much though... Thinking if it's worth the effort to jump ship. Feel underpaid |
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PB: I would not jump into PB unless I know I can secure clients. Base will definitely not be that high. I'm not too sure about this, but I think that JPM pays the highest here; probably slightly below $8k/mth? The other banks (non-bb) usually pay <$6k/mth. Your future compensation will be determined by how many clients you can secure. If you're not able to get a minimum number of clients, you would likely to be cut-off after a number of years. I'm not sure about AM though. Fresh grad $8.5k/mth for BB sounds about right. |
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Because PE is so ridiculously small here that it makes no sense to jump into PE. Maybe, better hours... But the pay from many of the shops are crap. Hedge fund...? Few ibankers have transferable skills to hedge fund and they rarely transit over; unless he's in a trader role? |
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