Wall Street Pay is Headed for Change As More Firms Embrace Alternative Assets: Report

“Many financial services firms see alternatives as a key area of growth for the future,” said Bryan Liou, managing director at Johnson Associates. “They want to emphasize it, they want to signal to the market that they’re serious about it.”

“I think this is the beginning of a longer-term trend,” said Liou. “This is the first time we’ve seen it, but it’s certainly not the last time we’ll see it, and we certainly don’t think it’s going to be limited to just BlackRock and Goldman Sachs in the future.”

Business Insider / June 17, 2025