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It is Partner->Managing Director and Partner (first equity level)->Managing Director and Senior Partner

P 400-550; MDP 1.5+; MDSP 2.5++

likehelpful

First year MDP doesn’t make USD 1.5M. Externals can lateral in at MDP or, rarely, MDSP

Thanks. Surprised that’s a bit low for a MBB “Partner” equivalent. Non-equity PPMD in other firms I think get more.

likefunny

AFAIK

There is (1) Partner and (2) Managing Director and Partner; 2 follows 1 and is an equity partner.

I presume Senior Partner is really only at (2).

Can’t comment on business or #s, sorry.

helpful

First year MDP makes around $700k and they hit $1M by Y3 (not all cash, includes bunch of deferred comp). Tenured MDP comp averages around 1.5m mark.

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