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by caddemon
1258 days ago
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Might depend on the firm (or times) then, the starting trader TC is already pushing 600K at HRT, JS, etc. and many don't let you invest year 1 even if you wanted to. I'd be shocked if any of the major names made you take comp as a stake in the fund pre-1m today. Large banks are for sure a different story, though I've heard of other large banks buying people out that they wanted to hire by offering the equivalent package in their stock of what the guy would've made in the other company's stock. |
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