The average salary for an Equity Research Associate is $72,392.
Equity Research Associate by
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What Do Equity Research Associates Do?
Equity research associates support senior equity analysts in the research process, generating information, ideas, and reports. They create, distribute, and update financial models, as well as generate reports on companies and other entities of interest. These associates must be able to perform analysis on market events - and other significant events - as required by senior analysts and other managers. This position occasionally involves communicating financially dense material into common langu…Read more
Equity Research Associate Tasks
- Conduct grass roots surveys of industry-specific domestic and international players.
- Analyze macroeconomic and industry data, source, and map market research to assess and describe current and long-term trends.
- Conduct/compile financial statement analysis and forecasts for use in company updates and recommendations to clients.
- Prepare and deliver proprietary market research reports on specific industry for distribution to sophisticated institutional money managers.
- Conduct thorough primary and secondary research and due diligence via SEC filings, company press releases, industry trade publications, Wall Street research notes and quarterly company conference calls.
Job Satisfaction for Equity Research Associate
Popular Employer Salaries for Equity Research Associate
The top respondents for the job title Equity Research Associate are from the companies Needham & Company, Jefferies & Company, Inc. and Morgan Stanley. Reported salaries are highest at Jefferies & Company, Inc. where the average pay is $110,000. Morgan Stanley pays the lowest at around $75,000.
Equity Research Associate Job Listings
What Are Popular Skills for Equity Research Associates?
Skills in Financial Modeling and Valuation are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel, Research Analysis and Financial Analysis.
What is the Pay by Experience Level for Equity Research Associates?
An entry-level Equity Research Associate with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $65,751 based on 61 salaries. An early career Equity Research Associate with 1-4 years of experience earns an average total compensation of $72,699 based on 203 salaries. A mid-career Equity Research Associate with 5-9 years of experience earns an average total compensation of $103,225 based on 46 salaries. An experienced Equity Research Associate with 10-19 years of experience earns an average total compensation of $127,171 based on 11 salaries.
Pay Difference by Location
Employees with Equity Research Associate in their job title in San Francisco, California earn an average of 41.5% more than the national average. These job titles also find higher than average salaries in New York, New York (24.7% more) and Boston, Massachusetts (2.4% more). The lowest salaries can be found in Cleveland, Ohio (29.5% less), Seattle, Washington (17.1% less) and Washington, District of Columbia (9.2% less).
Years of Experience
This data is based on 321 survey responses.