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FDD you will grow past the 145k quite quickly. Hedge fund accounting (assuming this include bonus, hedge funds will take away your bonus in aheart beat when things go south). Hedge funds will not play nice when returns don’t work out.
FDD opens much more doors, people from EY have jumped to EYP, you can leave for IB, easily land FP&A roles, Corp Dev, and all the existing exits you have from audit. I’ve seen many leave for M7 MBAs.
Hedge fund growth is going to be slow. You will be stuck with the same 145k range for a long time. FDD you’ll probably end up 200k+ after manager extremely quickly. Not to mention if you go A&M which would be 300-400k.
If you hate FDD you can always go to fund accounting, if you hate fund accounting, it’s much harder for you to ever break back into FDD.
Thank you! This is so helpful!
Dming you my opinion I am HCOL NYC WAM feel like you are probably in this too
Mentor
What do you wanna do
Mentor
Could be better or worse. No way to tell from the outside
Mentor
FDD but also is this MCOL?
Fund accounting sucks. It’s literally all the non-fun parts about working in the investment space.