Wall Street pay is headed for change as more firms embrace alternative assets: Report

BlackRock CEO Larry Fink

Brendan McDermid/Reuters

• BlackRock and Goldman Sachs have started paying some execs like private equity players.
• A new report predicts more such payouts due to booming demand for private assets.
• See how Goldman and BlackRock are using pay to compete in alternatives.

More Wall Street executives are getting paid like private equity bosses — a trend that's only going to continue as the lines between public and private markets blur, according to a new report.