2007 Asset Management Operations and Compensation Survey
Using data from a universe of 100 investment firms with assets under management ranging from $100 million to $25 billion, this comprehensive survey highlights emerging trends and provides objective benchmarks to help you evaluate your processes, technology, and benefits. Conducted by the Advent Users Group, an independent organization of nearly 400 investment management firms, the survey covers a cross-section of the industry—independent advisors, asset managers, family offices, banks and trusts, broker dealers, and hedge funds—from every region of the US, as well as international firms.
This 27-page Executive Summary, which presents key findings and statistical data in 30 figures, is divided into two sections: Operations & Technology and Compensation.
Download the survey.
Findings & Figures: Operations and Technology
- Functional headcount as a percentage of the total
- AUM per employee
- Average % of IT and operations spending
- Systems developed in-house or by outside providers
- Functions performed internally or outsourced
- Percentage of accounts reconciled electronically
- Level to which performance is calculated
- Trading and Settlement
- Performance Analysis
The second half of this report examines compensation and draws upon data from almost 900 individual positions to help you benchmark your compensation policies to attract and retain talent.
Findings: Compensation and Benefits
- Insurance benefits offered
- Time Off
- Incentive structures
- Objective (non-discretionary) measures used to award incentive pay
- Total Cash Compensation - Senior Executives
- Total Cash Compensation - Investment Professionals
- Total Cash Compensation - Sales and Marketing
- Total Cash Compensation - Client Service
- Total Cash Compensation - Operations
- Total Cash Compensation – Administration
In today’s environment of heightened competition, increased regulatory scrutiny, and intensified service expectations, the survey’s findings are a must-read for investment managers who want to keep current with their peers, reward their employees, and grow their business.
