disclosure data from UNITED If anybody has any further information please post it. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. My best friend works in a west coast AM firm. On Fishbowl, you can share insights and advice anonymously with Waterfall Asset Management employees and get real answers from people on the inside. A Labor Condition Application ("LCA") is used by employers as supporting evidence for CIO & President (2) = $3,500,000+ will 200k-350k seems like banking figures for a first through third year associate. Worked short period as a consultant. At bulge bracket investment banks, user @joshuagoodwin0" said: I think at JPM starting is 70k first 2 years, 80k third, 90K 4th, this is in NYC. In between earnings your time is mostly prospecting. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. 98004 , in year 2021 , use the following filters. How large of an investmentteam do you have to manage a 35 name portfolio? This is really insightful and helpful. In at 4am, out at 5-5:30pm, M-F. Sometimes ,this information may not be accurate because datafiles constantly keep changing. D Asset managers often make a little less than investment bankers, but they also work less.User @urmomgostocollege" said: Same base as banking, with 30% less bonus and at least 30% less hours worked. Waterfall is also the external manager to Ready Capital Corporation (NYSE: RC), a multi-strategy real estate finance company and small business lender. I'd say the $200k in the $200-350k range is on the very low end if you have the kind of experience I mentioned in a previous post (5+years of sell side research, AM or HF) it'll be more like $250-350k starting out and will likely grow annually. render here, LCA Applicants by City Newcleus primarily provides its niche products and services to the banking and credit unionindustry and, by leveraging its' proprietary, client-centric administrationtechnology platform (known asMINTS), services and administers over 45,000 policies on behalf of over 750 financial institutions.1 The company is headquartered in Newtown, PA. For more information, visit: https://newcleus.com. . Asset Manager salaries are a little tamer and less varied than a many other jobs in finance. Eveniet sint ut neque nemo alias. PM (2) = $1,000,000+. I'd say senior analyst range is probably $400-800k, though as comp comes down there's a lot fewer seats at the $700-800k level (there used to be $1m+ analyst seats, but they're probably entirely gone now on the long only side). Industry: Investment & Asset Management Revenue: $5 to $10 billion (USD) Competitors: Unknown Waterfall Asset Management, LLC is an SEC-registered institutional asset manager focused on structured credit (asset-backed securities and loans) and private equity investments. Waterfall Asset Management is a global alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, real assets, and private equity. Most of my clients in AM get in early, and leave around 5ish, which isn't bad time wise. What would some of the pro's of pursuing an MBA be in 6 years down the line, would that accelerate my progression towards becoming a PM? Vacations are mandatory but I put in 1-3 hours a day working while on vacations. with the Department of Labor. Waterfall Asset Management is a global alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, real assets, and private equity. 212-257-6125. Things rush back to a start in January. The national average salary for a Asset Management is $87,994 in Canada. Get insight into Waterfall Asset Management LLC! It sounds like you work in Equities but I was wondering if I could ask you a few questions about FI. On a portfolio team that runs fairly concentrated (~35 names) w/ low turnover (~25%). Asset Management and Fund Management Intern Summer Internship/(Paid/In -Person) Schedule: Monday - Friday, 40 hour per/week Location: 2 Park, NYC Dates: June 5th - August 11th 2023 Hourly Rate: $25 ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 17 days ago, Payarc LLC - Waterfall had approximately $9.5 billion in assets under management, as of June 1, 2021. Here are some other companies that are located close to Waterfall Asset Management Llc. Three rounds: two one-on-one phone calls with team members, and a final round interview on site in the NYC office - Summer Associate - Waterfall Asset Excellent communication and time management skills * Microsoft office proficiency * 1-3 years' experience * 1 year experience working with Agile and/or Waterfall methodologies * Bachelor's degree in J Harlan Group, LLC - As of September 1, 2022, Waterfall manages approximately $11.2 billion in assets under management. Free Charts and Figures Template. Laboriosam hic veritatis dicta et doloremque consequatur. All content is posted anonymously by employees working at Waterfall Asset Management. IG/Government bonds sound interesting but I'd also want to experience analyzing some riskier and more interesting investments as well. Here's what people are saying about Waterfall Asset Management Llc. For example, if you want to search jobs paying more than 200 K in Washington Yes, the pay is good at Waterfall Asset Management. and September 30, 202, UNITED Sorted by Date, page 1, Related Waterfall Asset Management Salary, Waterfall Asset Management Veterinarian Salaries, Waterfall Asset Management Mechanicsburg, PA Salaries, North Carolina Agricultural And Technical State Un Salary, International Aids Vaccine Initiative Salary. I think the spread between AM and HF/IB/PE may grow over time if the trend continues. The hours are a lot less than earnings season unless you're traveling. The visa applications might have been denied. We will send you an email to access your personalized report. I Our model gets smarter over time as more people share salaries on Glassdoor. seniors get partnership buy in as well. Analyst: 1,000,000 Contact: John NelliganWaterfall Asset Management212-257-6125[emailprotected]. Thanks for the responses. I love what I do, but it takes a toll on your physical health. Being a hard worker is irrelevant. , You're not going to make the big bucks with a 9-5 job, that's for damn sure. calculations and the carry waterfall analysis, management fee and other allocations orassets, and strong profit opportunity, but lack efficient access to capital. returns vs. benchmark, tracking error, AUMs, etc. They may also reveal information or provide tips on interviewing skill requirements, and other factors that could help when applying for a position at that company. Hedge funds, mutual funds, portfolios are all similar with respect to those items. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Waterfall Asset Management Mechanicsburg, PA salaries are collected from government agencies and companies. How much do Waterfall Asset Management employees make? DOL disclosure data does not indicate the employer's intended use for the LCA. I've only worked at a couple of firms, but from my experience and many conversations I think it's fair to say that almost no AM shops have any kind of a training program. Additionally, they give a lot of responsibility to their interns and entry level positions. Waterfall Asset Management salary statistics is not exclusive and is for reference only. Waterfall Asset Management pays $146,241 on average per year, or $70.31 an hour in the United States. I don't know if this is firm specific, but the comp breakdown is very heavy on bonus. How is their IT department for roles like Director or VP? IMO, biggest pro of AM is the intellectually stimulating work and amount of responsibility given to juniors. Base Salary (USD) $164,325/year View Hourly Rate Low:$142,670 lots of brainteasers throughout the process. Ex facilis deleniti similique voluptas et voluptas placeat. Some of the job titles with high salaries at Waterfall Asset Management are managing director, finance vice president, management analyst, and asset manager. Asset Management: Portfolio Manager Career Path? I saw some figures in the 500,000 range (for mid-career), but also figures substantially higher and lower. Bonus. will render here, LCA Avg Salary Info Got a consulting offer Sr associate PwC and Manager Stanley Black & Decker . Recent grad in AM here. The biggest firms (Capital, Fidelity, Wellington) will definitely pay senior analysts $1mm+, many times materially higher too if they're running big books. Looking for advise on company culture at both companies. Here are some companies in the same or similar industry as Waterfall Asset Management Llc. No data is available based on your input. Senior PM (2) = $2,000,000+ Comparing it to banking is apples and oranges though, not just because of the lifestyle differences and doing much more interesting work at the junior level in AM but really it comes down to what do you want to be doing at work??? So basically guaranteed first-year compensation? My interests tend to shift over time but currently I am strongly considering a career in Asset Management and had some questions about that field. The average hourly pay rate of Waterfall Asset Management Llc is $79 in the United States. About Waterfall Asset Management Waterfall Asset Management, LLC is an SEC-registered specialist credit adviser focused on High Yield Asset Backed Security (ABS) and loan investments. Waterfall Asset Management pays $146,241 per year on average compared to Marathon Asset Management which pays $108,869. Waterfall has an excellent culture, you can really tell that everyone enjoys working there. Changes won't be saved until you sign up for an Enhanced Profile subscription. Salary Search: Associate Asset Manager salaries in Los Angeles, CA See popular questions & answers about RealtyMogul Software Asset Manager Northwestern Mutual3.8 Remote $70 - $75 an hour Full-time+1 Monday to Friday Financial Modeling new Greentree Capital5.0 Remote Estimated $43.3K - $54.9K a year Part-time+1 Monday to Friday Easily apply We manage approximately $3.1 billion across hedge funds and institutional accounts. H1BSalary.org portal indexed ~10 Million 8.5 million company & government reported. Founded in 2005, the firm employs a differentiated relative value . Flat increases to base and percentage increases to performance range every year. Reviews may also highlight any negative aspects of a company that will help in evaluating it as a prospective employer. Losing other peoples money sucks and physically hurts as stress piles up and sleep deteriorates. Asset Management and Fund Management Intern Summer Internship/(Paid/In -Person) Schedule: Monday - Friday, 40 hour per/week Location: 2 Park, NYC Dates: June 5th - August 11th 2023 Hourly Rate: $25 ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 17 days ago, Payarc LLC - management (traditionally two percent). IB. NY, In addition, this role supports the Client's ServiceNow IT Service Management and IT Asset Management development and administration. Very new to the industry. oops, kinda missed your question regarding comp. If you have a few bad years the assets fall, your pay falls, eventually your fired. , , Employees in the top 10 percent can make over $233,000 per year, while employees at the bottom 10 percent earn less than $91,000 per year. mid-career to seniors at my firm make 175 up to maybe 250 base plus bonus. Your pay is a function of a lot of variables. Waterfall is a leading private investment firm dedicated to investing . You can easily make a decent living doing AM. Enjoy it while it lasts. I have no idea about the AM analyst's salary though. Waterfall Asset Management is a successful hedge fund with high expectations. ", "Now that I think about itI never actually know when you guys are here in the office. 13 Waterfall Asset Management reviews. Great insight thanks for posting. Compensation - is really hard to answer because #1 there's a lot of variability by type of firm (i.e. The table shows below the name of the job title below you may be interested in including salary range and total compensation. There's a cycle to earnings. No data is available based on your input. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Waterfall Asset Management Salaries How much do Waterfall Asset Management employees make? Enterprise Asset Management jobs now available. Waterfall was founded in 2005 by Tom Capasse and Jack Ross, two individuals who were early leaders of, Opens the Fishbowl by Glassdoor site in a new window, Culture is very unique compared to other hedge funds. Asset management of institutional funds is by its nature very stressful; whether or not you deal with having a mutual fund class. Job Title will render here, LCA Salary Info By Total 1 Waterfall Asset Management Salaries. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. No consulting experience. She said she arrived around 7am and left between 5-6pm weekdays and never worked weekends when she interned there this past summer. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, "There are three ways to make a living in this business: be first, be smarter, or cheat. The average salary of Waterfall Asset Management Llc is $164,325 in the United States. See you on the other side! Greenwich U PM comp can be anything, it's just a function of AUM and fees. Deleniti rerum consequatur saepe veniam. Waterfall Asset Management salary is full-time annual starting salary. 300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses. I arrive at work 8-9am (ET) leave 4-5pm. This is at a west coast firm so there may be a slight discount vs NY. Vitae et mollitia voluptas deserunt occaecati iusto nesciunt eaque. Waterfall Asset Management employees earn an average salary of $146,241 in 2023, with a range from $91,000 to $233,000. I manage about USD 250mm in global energy assets (mainly equity, all long only). When I say we only hire experienced analysts, I'd say the overwhelming majority have some sell side experience. Waterfall Asset Management gave FINN up to $200 million in asset-backed security (ABS) funding in March and Credit Suisse and Waterfall Asset Management presented $520 million in ABS in December. Long story short career path is Analyst >>> Portfolio Manager. Everyone is very collaborative and respectful of each other which makes for a healthy and effective work environment. The analyst articulates to portfolio managers and clients the philosophy and viewpoints utilized in managing municipal credit risk in various types of strategies and What are some typical titles and locations for Waterfall Asset Management Llc jobs? Voluptatem odit eum facere ea impedit expedita commodi in. Good work life balance as. This is a key and influential role helping to deliver a number of . Sunt facilis dolorum eveniet omnis unde et est. How much does a Asset Management make? Posted 1:52:22 PM. When I went to the buy-side I started leaving at 9pm and every 1-2 years it moved down about an hour from 9pm to 8pm to 7pm to 6pm. New York I usually get 5-6 hours sleep a night. Companies choose this ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 1 month ago, Clinton Investment Management, LLC - Things slow down A LOT in the summer and it's the best time of year, so enjoy it. There's no hand holding, no training, it's more or less sink or swim. 1y. Select a company name to explore and learn more about other companies across the industry and to compare average salaries with those at Waterfall Asset Management Llc. New York R Same base as banking, with 30% less bonus and at least 30% less hours worked. All were very conversational. See reviews, salaries & interviews from Waterfall Asset Management employees in London.

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