Hello, I have a 12 years of experience in asset management. I have done every role from risk, compliance, trade operations and now investment data management. I was wondering what career path I can pursue in the next few years that will get me to 250k TC? I’m on the east coast, a few hours south of NYC. I’m not sure what other details people need to give advice or guidance so please ask.

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If you stay in your industry then it will almost certainly require a client facing role or VP and MD level roles in your expertise at BBs or the big asset managers like BlackRock.

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Associate consultant, which would be a client facing role at an investment advisory firm.

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Director 1, any example firms?

Our VPs in NYC make an average of $250k total comp, pretty much regardless of what group you sit in. You wouldn’t have to pivot from what you’re doing or what you’ve built up your experience in.

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Cool! I will take a look into that.

Find a C suite role at a mid size broker dealer if you can show your specialized skill. I have 15 yoe and got a CCO role at a 18+billion aum shop making a little more than that.

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How old is OP?

Sales!

I don’t think I’d be good at sales. It’s a lot of opportunity sure, but also a lot of pressure. This TC would enable me to save for retirement. Also, the frequent travel doesn’t interest me.

Probably commercial real estate

Asset management

I’m 36. Why?

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