Mutual fund compensation

American Century Investments aci1942
Oct 16 18 Comments

I recently started a post MBA Investment Analyst role at a mutual fund.

What's the salary and bonus progression like?

I know it's not as fast as IB and HF and can't get any recent data.

Current TC (including bonus) - $200K

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TOP 18 Comments
  • New / Finance CmdRiker
    Well, your base and bonus are good for a larger firm. I think that if you want to make the big bucks you've got to move to more boutique shops. Mine manages about $1-10 billion and I get a share of the revenue. So, as an analyst, you can take in $1-2M, if you raise assets in your fund. Right now, I am getting $125K base, plus up to 100% of base in performance bonus, along with a decent percentage of revenue of AUM.
    Oct 27 3
    • Allianz GMKg12
      What's your yoe and background?
      Oct 28
    • New / Finance CmdRiker
      I have about 8 years of work experience, and I recently completed my MBA. Experience is a combination of operations at startups, VC work, and of course public equities investing.
      Oct 28
    • American Century Investments aci1942
      OP
      Good to know - thanks!
      Oct 30
  • BlackRock XnMN37
    Wow that’s a lot. Probably 30% more than our company investment professionals in your level.
    Oct 17 3
    • American Century Investments aci1942
      OP
      Thought BlackRock pays the highest given its massive AUM and fee pool.
      Oct 18
    • BlackRock XnMN37
      Thanks for thinking this way :D we do have massive ETFs
      Oct 18
    • Voya / Finance
      Blind867

      Voya Finance

      PRE
      Voya Financial
      Blind867more
      I have 0 surprise BlackRock is lower
      Oct 18
  • Caterpillar / Eng dragbador
    What's IB and HF?
    Oct 17 3
    • Caterpillar / Eng dragbador
      Investment banking? And H... Finance?
      Oct 17
    • Citadel / Eng
      BrutеForce

      Citadel Eng

      PRE
      EPAM Systems
      BrutеForcemore
      Interactive brokers and high frequency or hedge fund?
      Oct 17
    • American Century Investments aci1942
      OP
      Yes. Investment banking and hedge fund.
      Oct 18
  • BNY Mellon antishock
    Not to be a dick, but aren't these things you should have considered prior to taking an offer?

    Where did you get your MBA from?
    Oct 17 2
    • American Century Investments aci1942
      OP
      Yes, I should have, but I didn't and thus asking the question now. I got an MBA from a top 10 business school in the US.
      Oct 18
    • Voya / Finance
      Blind867

      Voya Finance

      PRE
      Voya Financial
      Blind867more
      Which one
      Oct 18
  • Allianz GMKg12
    200k not bad imo for first yr post mba. Progression depends on team aum growth and performance. Base max out usually at 200k, bonus 1-2x that. For the really big money you need to become a pm
    Oct 17 1
    • American Century Investments aci1942
      OP
      Thanks!
      Oct 18
  • M&T Bank Px14
    Interesting
    Oct 17 0

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