Got a pe offer for the buy side and the comp was a lot lower than what i was expecting (to the point where i would be financially better off staying in consulting for the next couple of years). How should i think about this long term? The firm is an lmm - is this just how it is?

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Posting as :
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What are numbers

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Comp figures tend to vary more than we as consultants or bankers would expect because LLM is a pretty wide definition in terms of AuM and consequently the fees
Think about what you want to do in the long term, it is not just about the short/medium-term monetary gain
Also PEs generally (again, hard to generalize and will depend on your firm) select people assuming the candidates stay and grow (albeit slower) whereas MBB / BBs still have to account for the churn and generally the promise of growth in consulting is overestimated

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Not fake , there are LMM shops In London that pay < 50% of BCG PL base, with no carry for a few years and a similar bonus %

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Can confirm: some LMMs pay as low as $225k TC for 1st year associate.

Just goes to show how much disparity there is at the LMM range.

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why don't you share numbers

Won’t share numbers = fake story

Share numbers brooo

Got offer at LMM for around 240k for first year associate

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