Recruiters are telling me that you make more money in industry fund accounting than staying in Public accounting in long run. Is this really true?

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Remember that recruiters make money by getting you to accept an offer. Take everything they say with a grain of salt.

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duh

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Maybe. Depends on how high you make it (VP, Controller, CFO) and how big the fund is. If you’re the controller of a 50MM fund, you’re not making more than a big 4 partner. If you’re the CFO of some multibillion dollar mega fund, then yeah you can out earn your big 4 PPMDs

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Think making more as FA manager/controller than SM

It all depends on timing, your carry options, luck sometimes and the company growth. If you get in early and it grows and you have a carry then when the exit happens the payout can be great but there are a lot of variables.

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Nothing is fully black and white

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