Buy-Side vs Sell-Side S&T Comp through the levels
Can someone give insight on how the comp differs for buy-side (Millennium, Citadel, etc.) vs sell-side (JP, MS, BofA) S&T through the tiers (An1, Assoc, VP, etc.)?
Can someone give insight on how the comp differs for buy-side (Millennium, Citadel, etc.) vs sell-side (JP, MS, BofA) S&T through the tiers (An1, Assoc, VP, etc.)?
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In short, buyside will always pay more if you're really good at your job and if your not then u will just be getting fired. I came straight to buy side out of uni and Y1 £200k, Y2 £250k, Y3 (got own book) £700k, Y4 £1.1M and then last year £7M (I work in natural gas hence the outlier year). Without trying to sound like a dick I know I'm very good at my job and this isn't a realistic path for majority of people. Multiple people that I joined with and now working middle office jobs because trading wasn't for them. The right path is just how much confidence you have in yourself to be actually 'good' at trading the markets.
What kind of buyside? HF or prop?
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