Executive Summary

After bracing for a coming chill, investment management professionals are instead enjoying an unexpectedly favorable climate in terms of year-end compensation. But make no mistake: Winter may be coming, so asset management firms and professionals should prepare.

The results of the 2017 Asset Management Compensation Study by Greenwich Associates and Johnson Associates reveal an industry benefiting from historically strong markets that are driving significant asset appreciation and AUM growth. These tailwinds have propped up and even inflated compensation for professionals at both traditional asset management organizations and hedge funds.