Summit global investments salary is an important consideration for those looking to pursue a career in global investments and finance. As one of the leading firms in the industry, Summit investments offers competitive compensation packages to attract top talent. Understanding Summit global investments salary levels can help job seekers evaluate potential positions and career paths. This article will examine the key factors that influence salaries at Summit investments, including role, experience, and location. Benchmarking against industry averages will also provide helpful context. With insights into Summit global investments salary ranges across different functions and seniority levels, students and young professionals can make informed decisions about this career path.
Associate salaries at Summit global investments
New graduates and those with 1-3 years of experience typically start at Summit investments in associate roles. These are more junior positions that involve supporting senior investment professionals. According to Glassdoor data, base salaries for associates at Summit global investments range from around $80,000 to $150,000. This covers positions in investments, trading, research, operations, and other corporate functions. Bonuses can be 50-100% of base salaries. Total compensation for associates is often $125,000-$250,000. This is fairly standard across the asset management and finance industry. Top students from target schools may earn towards the higher end. Experienced hires can also negotiate higher starting salaries.
Vice president salaries at Summit global investments
After 3-5 years at associate level, high performers typically get promoted to vice president at Summit global investments. This mid-level role involves more complex analysis, modeling, and ownership of investment decisions. Glassdoor indicates base compensation from $150,000 to $250,000 for VPs in investments, research, and operations at Summit global investments. Bonuses range from 80-150% of base. Therefore, total compensation is around $300,000-$500,000. This aligns with industry averages. VPs are still individual contributors but take on more leadership responsibilities compared to associates.
Managing director salaries at Summit global investments
The managing director level at Summit global investments is for senior investment professionals and seasoned executives with 8-12 years of experience. They manage teams, have full portfolio responsibilities, and lead key strategic initiatives. Base salaries for managing directors range from approximately $250,000 to $500,000 based on Glassdoor data. Bonuses can reach 200% or more of base pay. Total compensation averages $750,000-$1,500,000 for this level across the industry. As a premier global investment firm, Summit investments is likely at the upper end for managing directors.
Executive salaries at Summit global investments
The C-suite leaders and department heads at Summit global investments hold executive titles like chief investment officer, chief financial officer, and chief human resources officer. These seasoned professionals with 15-20+ years of relevant expertise earn base salaries from $500,000 up to over $1 million based on Glassdoor estimates. Short-term bonuses and long-term incentive plans can total millions. As one of the largest independent asset managers globally, Summit investments has the scale to pay top-tier salaries of over $5 million to C-suite executives and investment heads.
Key factors influencing Summit global investments salary
While the above provides salary ranges for specific roles, actual compensation at Summit global investments depends on several factors. Academic pedigree, specialized expertise, and professional credentials can increase pay. Working in a major office like New York or London rather than a secondary location also commands higher salaries in finance. Within investments, professionals focusing on high earning strategies like private equity can negotiate higher packages. Lastly, proven investment track record and ability to bring in new client assets boosts salaries and bonuses substantially over time.
In summary, Summit global investments offers industry-competitive pay across all levels. Junior roles start from $125k total, mid-level VPs earn around $300k-$500k, seasoned managing directors make $750k-$1.5 million, and top executives get $5 million or more. Compensation varies based on function, location, expertise, and performance. Understanding Summit global investments salary ranges enables aspiring professionals to evaluate potential career paths in global investments.