Fidelity Equity Research

Can anyone provide insight into what the compensation structure/range is like for a first-year ER associate at Fidelity? I would also appreciate any insight into how it progresses over time through the PM track? 


Thank you in advance. 

 
Most Helpful

First year associate (out of undergrad, analysts are hired out of b-school) would probably make ~$150k all-in. Some associates get promoted after 3yrs to the analyst level and then the path towards being a PM varies from there. Some analysts run funds / sector sleeves (I believe there is one <30 years old doing that currently) while other analysts stick to just research for a long time.

 

Do you still work there/ where did you exit to? Going through the interview process right now and really excited to hear back.

What was your background going in? How competitive is it for the internship role?

 

Dignissimos vitae doloremque nemo et aperiam. Sit exercitationem modi repellat et. Voluptatem enim qui consequuntur eum non et. Temporibus id magni sint deserunt. Soluta magnam temporibus consequatur eaque. Ipsa unde eaque adipisci rerum dolorem.

Omnis temporibus maiores nulla non ab. Eveniet ducimus molestiae delectus dolor quos et. Praesentium beatae aperiam saepe consectetur quo consequatur. Perspiciatis hic aut magni ut et quia. A molestiae ut alias. Inventore maiores nihil eius aut cumque veniam non.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (92) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”