Tom Sosnoff's 7 Levels of Finance Jobs

Tom Sosnoff understands that where you start your finance career often determines where you end up—and the gap between compensation levels isn't incremental, it's exponential. Two-time billion-dollar fintech founder Tom Sosnoff (thinkorswim, tastytrade) breaks down the hidden structure of Wall Street pay based on his decades in the finance industry. Sosnoff reveals the 7 distinct levels of compensation in finance, from the entry-level analyst making $40k a year to the executive earning over a million. Based on new research data from his team at Lossdog, the average person unnecessarily gives up seven figures in compensation over their career. Tom is CEO at Lossdog, his latest venture providing professionals the data and the tools they need to realize their fair market value in salary, bonus, commission and equity compensation. Tom started his career in 1980 with a $30k job at Drexel Burnham and worked his way up to building two industry-disrupting companies and investing or advising dozens of fintech companies. In this video, he shares what he has learned over a 40-year fintech career employing thousands. Introduction: $50K to $500K+ Finance Career Roadmap [0:35] - Level 1: The Pawn ($40K-$65K) - Entry-Level Finance Roles [1:59] - Level 2: The Knight ($70K-$95K) - Client-Facing Positions [3:16] - Level 3: The Bishop ($85K-$120K) - Technical Expertise [4:35] - Level 4: The Rook ($110K-$150K) - Specialized Domains [6:02] - Level 5: The Queen ($130K-$230K) - Revenue Generation [7:10] - Level 6: The King's Guard ($180K-$280K) - Leadership Roles [8:11] - Level 7: The King ($250K-$500K+) - Ownership & Capital Leverage [9:21] - Conclusion: Optimizing Your Career Path #tomsosnoff #lossdog #salary #compensation #finance #fintech #trading