Friend in Valuation Finance (age 23) states that by 30, so 7 years from now, he can easily hit 300k-400k salary especially if he goes IB route. Is this true? Trying to figure out the best opps to be taking interest in.

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you can but it requires you to basically sacrifice your soul...don't underestimate the value of WLB my friend

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Yeah total comp sounds about right specially if he is at a bb or eb

IB associates easily make 300 and can exceed 400 (base salary is generally about half or slightly less than half). Can get there in mid 20s. Don’t know valuation groups comp

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I’m at a smaller boutique. It’s definitely true beyond just the BBs and EBs. But there are also a lot of smaller regional boutiques which pay less (although WLB can be better). I don’t know BTIG so can’t comment there.

Salary - probably not. Total comp - easily

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Even in consulting thats possible...

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Mbb thats very doable - with no mba break you are basically an AP

Value this pen

funny

Tell him to chill he's just the valuation guy

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Ppl in PE will hit that in late 20’s (tc, not salary)

You can make that as a T2 manager, I’d want to earn more to deal with IB hours...

As a VP (which I believe is equivalent to manager) you do. First year VP can easily clear 500-600 TC

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