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From associate to VP - what specially to learn
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Wow, good for him! I'm looking at a senior VP role, and based on the answers I've recieved so far looks like the range quoted makes sense.
Thanks
For associate I believe low 6 fig salary from 75k base for analyst...
Depends on the city, I was formerly at JPM PB in a hub city. Associates generally start around 125. I don’t know the range for VP or ED, but my former MD (managed $650MM) had a million dollar bonus a couple years back (I only know this because they had an account within the system and I could see into it)
Can you really just walk into a VP role at the PB. Don’t you have to be an associate and bring in assets first?
Or is this a MO / BO role in the PB. If it is the comp it likely different then what has been mentioned
Associate 2. Most of the time if you didn’t go through the program they will bring you in as an associate. If you are already a proven banker at another firm they will bring you on at a higher level. This is usually at the ED level because you’re not really established as a VP
Well that’s what I am saying, OPs title doesn’t sound like s/he is in PWM yet....