Equity analysts at asset managers often enter the position for life, a decision that could be paying off with better compensation and work culture than their investment bank counterparts.
Before the financial crisis, working on the sell-side of finance was known to be arduous but lucrative. Since then, industry changes have lowered the pay and eliminated many positions, making the buy-side higher paying for analysts, says Alan Johnson, founder of compensation consultancy Johnson Associates.
“Now you make more money and the culture is better,” he says. “It’s a good time to be in research in asset management.”
FundFire / December 12, 2014