When negotiating salary, what would be a good ask for tax Asset Management SM salary + signing bonus MCOL?

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I think the max end for SMs were like 200-215k but assumed you would be like a career SM not going for director. Newly promoted SMs (7-8 yoe) I think get between like 140-155k. If you can haggle 180-190k you might be in a good spot. AWM tax really sux (did that for 7 years and moved to consulting) so even if your miserable and getting crushed at least your getting paid somewhat well. Not sure about the signing bonus stuff but you rarely get what you don’t ask for. Good luck!

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Hey PwC1, it was a lot of networking tbh and patience. One of the experienced folks from my team had a handful of connections in the group I was interested in joining. I spoke with the partner etc and tried to get the process going of a transfer. It didn’t happen immediately and after 1 year of waiting eventually I told my RP that I just didn’t see a future in compliance with the way the ship is sailing (more form prep less technical etc) and that my time is coming to a close if a change didn’t happen. I think they got the message and within 1.5 months I rotated out. I do have an MBA (and not from a brand name school) but don’t really think that mattered it was more about the connections / high performer status/ retention.

In this market I’d say 170k plus at least 25k signing. Base salary will depend if you’re a new sm or close to director promotion though. My 170k number was for a new sm

I got 20k as a manager so I’d say you could get at least 25k. But you’ll never get 50k unless you ask (and likely have a competing offer) 😂

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