The salary levels at enterprise trust and investment companies can vary greatly depending on factors like location, firm size, employee role and experience. However, some overarching trends exist when examining compensation levels in this industry.
Base salary vs bonus compensation
The mix between base salary and bonus pay tends to differ across roles, with more senior positions having a higher percentage of compensation derived from bonuses. For example, while portfolio managers may have 50% or more of pay from bonuses, analysts tend to have lower bonus percentages.
Effect of company size
Larger trust and investment firms, such as Vanguard and BlackRock, tend to pay higher compensation compared to smaller regional firms. However, smaller firms may offer greater upward mobility.
Impact of geographic location
Major financial hubs like New York and San Francisco will generally have higher salary levels compared to other regions of the country. Firms need to pay enough to attract talent.
Experience level
More experienced employees in areas like portfolio management and investment research can earn substantially more than entry-level analysts and associates. Performance track record is also important.
In summary, compensation at enterprise trust and investment firms depends on multiple factors, especially role, firm size, location and experience level.