4.0
Jul 2, 2008
Recommend
CEO approval
Business Outlook
Pros
Stable platform due to parent company, so less concerns about being layed off. In research, broad industry coverage and senior analysts are reluctant as they know as long as they do a decent job, they will be compensated well. The associates have little to no room to grow unless in rare cases, analysts are fired, and even then it is unlikely that associate gets promoted. Not the same stress and hours of bulge brackets and is likely what makes people stay around and build longer term careers there (again, referring to more senior analysts).
Cons
At the lowest-end of industry compensation. Research associates make $75-85k with ~$20k in bonus.