Recruiter is telling me that fund administrators pay more than private funds at SM/Director levels. Are people seeing this? I always thought it was the other way around

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I’m sure it depends, it doesn’t sound right to me though. i have been crossed by a recruiter that lied to me about a job to get me placed quick and at a high wage and worked with an amazing one that really looked out for me so hopefully others here have more insight so you know which kind you are working with

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This is not true. If it is, it’s because the Admin side of the process is a dumpster fire.

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