Received an offer from a PWM team as an associate at MSWM. They offered me $85k base with a $20k bonus as well as the opportunity for an additional 5-10k depending on performance. I feel like this is a little low and is in line with what I am making currently. Am I wrong in thinking this?

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Posting as :
works at
You are currently posting as works at

Sounds in line with market for non production role

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I agree, seems pretty good for a non-production role. That’s where you really start to make money in this business.

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How many years of experience do you have and will the role involve any sales?

I think the comp is fair for the years of experience and that the job has zero sales or production involved. I haven’t seen many roles creeping far past that point unless there is a production component or you build very sticky relationships over many years and become an important piece in maintaining those relationships

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2.5 years of experience in wealth previously at MSWM and 3 years of experience at an asset manager as an internal. The role will not have sales.

What will you be doing for the team?

What city?

Seems reasonable, but potentially a little on the low side. I work at an RIA / MFO based in Boston with 5 years professional experience (3.5 years in a client facing role doing valuation at PwC, and a 1.5 years in current role) base is $100k, bonus range 10-30% potentially more

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