How much does a coo of a hedge fund make? (2024)

How much does a coo of a hedge fund make?

How much does a Hedge Fund Coo make? As of Apr 23, 2024, the average annual pay for a Hedge Fund Coo in the United States is $121,798 a year. Just in case you need a simple salary calculator, that works out to be approximately $58.56 an hour. This is the equivalent of $2,342/week or $10,149/month.

What does a COO do in a hedge fund?

They are the point-person charged with overseeing the day-to-day activities of the business in such a way as to ensure that business goals are met while remaining fully compliant. For new and growing hedge funds, and for other early- or growth-stage financial services businesses, a new model is emerging.

How much does a CCO of a hedge fund make?

Hedge Fund Compliance Officer Salary
Annual SalaryMonthly Pay
Top Earners$172,500$14,375
75th Percentile$115,000$9,583
Average$98,949$8,245
25th Percentile$61,500$5,125

How much do hedge fund CEO make?

In 2023, the highest-paid hedge fund manager was Ken Griffin of Citadel, who earned $4.1 billion. He was followed by Izzy Englander of Millennium Management, who earned $3.2. billion.

How much should I pay my COO?

The average salary for a COO (Chief Operating Officer) with 7+ years of experience is $215,414. The average salary for <1 year of experience is $195,000.

Does a COO or CFO make more money?

Salaries for each position could vary based on industry, experience, company size and location. The average salary in the US for a CEO is $128,843 per year . The average salary for a COO in the US is $137,876 per year . CFOs earn an average of $139,658 per year .

Is a COO higher than a CFO?

Hierarchy of CEO vs COO vs CFO

The COO is second in command to the CEO and works very closely with them. They are also hired by the CEO. The CFO is hired by the CEO and works one-level under them along with the COO and other C-suite positions.

What is the highest paying job in a hedge fund?

What are Top 5 Best Paying Related Hedge Fund Jobs in the U.S.
Job TitleAnnual SalaryMonthly Pay
Hedge Fund Attorney$175,207$14,600
Cfo Hedge Fund$157,532$13,127
Private Equity Fund Controller$154,999$12,916
Hedge Fund General Counsel$151,643$12,636
1 more row

How much does a VP at a hedge fund make?

Vice President Of Hedge Funds Salary
Annual SalaryMonthly Pay
Top Earners$244,500$20,375
75th Percentile$190,000$15,833
Average$157,532$13,127
25th Percentile$115,000$9,583

How to become a coo of a hedge fund?

QUALIFICATIONS & REQUIREMENTS:

A Bachelor's Degree in Law, Finance, Business Administration, Accounting, Operations, or a related field. MBA, Juris Doctor, M.S. in Operations, or advanced degree is a plus. 12+ years of specific experience as a Chief Operating Officer at a Hedge Fund or Family Office.

Who is the richest hedge fund CEO?

Here are the 20 richest hedge fund managers on Forbes' 2023 World's Billionaires list:
  1. #1. Ken Griffin. Net worth: $35 billion. ...
  2. #2. Jim Simons. Net worth: $28.1 billion. ...
  3. #3. Ray Dalio. Net worth: $19.1 billion. ...
  4. #4. David Tepper. Net worth: $18.5 billion. ...
  5. #5. Steve Cohen. ...
  6. #6. Carl Icahn. ...
  7. #7. Michael Platt. ...
  8. #8. Israel Englander.
Apr 4, 2023

Why are hedge fund managers so rich?

Hedge fund managers typically earn above-average compensation, often from a two-and-twenty fee structure. Hedge fund managers typically specialize in a particular investment strategy that they then use to power their fund portfolio's mandate for profits.

Do hedge fund managers make millions?

It is not uncommon for someone with 5 to 10 years of experience (if they last that long) to secure hedge fund salaries that are close to US$ 1 million per year. If you start your own hedge fund, though, hedge fund salaries get a little more complicated.

What is the highest COO salary?

$233,000

How old is the average COO?

COO Snapshot

In the US, COOs are predominantly male (76.6%) with an average age of 51 years old. The majority (89%) of these COOs are older than 40 years old, while the further 11% are between 30 and 40 years old.

Does a COO make more than a CEO?

The differences between a CEO and a COO don't end with their job descriptions. According to Salary.com, the average salary of a CEO in the US is $823,245, whereas the average salary of a COO is $480,378.

How stressful is being a COO?

The fact is, as a COO, you are in such a high-stress environment, working with such a high-growth company with lots and lots of demands for your time. This can come from people, projects, or even just the stress of growth and average day to day operations.

Is COO a stressful job?

As a Chief Operations Officer (COO), your job can get stressful to the point where it may effect your work-life balance. But having a work-life balance is very important. Below you will learn the journey of a top executive that built a work-life balance.

Is COO or VP higher?

Reporting: The VP of operations likely reports to the company's president, while the COO usually reports to the CEO . Career development: VPs of operations usually retire out of the position—there's little upward mobility from that role. Some COOs, however, promote into the role of CEO.

What comes after COO?

Each C-suite position has distinct responsibilities within a company's leadership hierarchy. CEOs set long-term goals and strategic direction, COOs oversee day-to-day operations, CFOs manage financial matters, and CIOs handle information technology strategies.

Can someone be both COO and CFO?

Many companies are shaking up the C-suite and taking advantage of the cross-functional opportunities that a Chief Financial Officer-Chief Operations Officer (CFO-COO) hybrid role can bring to their organization.

Is hedge fund job stressful?

Long and stressful days

The day for hedge fund managers is very long and full of stressful hours.

Do hedge fund jobs pay well?

While ZipRecruiter is seeing salaries as high as $242,849 and as low as $32,804, the majority of salaries within the Hedge Fund jobs category currently range between $66,587 (25th percentile) to $117,017 (75th percentile) with top earners (90th percentile) making $165,000 annually in California.

Can you make millions working at a hedge fund?

The money is a big draw as well: if you're at the right fund and you perform well, you can earn into the mid-six-figures, up to $1 million+, even as a junior-level employee. The top individual Portfolio Managers can earn hundreds of millions or billions each year.

How much does a hedge fund CFO make?

What are Top 10 Highest Paying Cities for Cfo Hedge Fund Jobs
CityAnnual SalaryHourly Wage
Berkeley, CA$199,019$95.68
Renton, WA$193,420$92.99
Santa Monica, CA$191,873$92.25
Daly City, CA$188,347$90.55
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