Wellington Management- Business Associate (Rep, salary, exit opps?)

Can anyone tell me more about the 'Business associate' program w/ Wellington Management?

"Full-time, three-year opportunity for graduating Bachelor's students who are interested in a variety of career opportunities available in the investment management industry. This program will help you gain insight into our industry, firm, and culture.
Responsibilities:
• Work closely with our investment and client teams to develop and support investment products
• Assisting in the completion of reports for clients.
• Collaborate with senior members of the team to perform analytical work supporting the management and oversight of investment strategies.
• Support the sales and marketing efforts of the broader organization.
• Contribute to investor relations efforts of the team responsible for building relationships with and responding to inquiries from our more than 1,000 clients."

From what I understand they're well respected, but the specific program doesn't involve any direct investing and (might?) shoehorn you into a career in the 'business' (BO/MO) side of investing. Interested in whether it's possible to go from something like this to research or more general FO positions. Also as an aside, any idea of what the total comp and working hours are like?

Specifically looking at the alternatives team (WAI) if that makes any difference.

Thanks

 

Ex et est impedit qui. Eveniet modi accusantium id eaque labore molestias.

Quia similique ipsum quo nisi ipsum unde illo. Et et non assumenda quod blanditiis at maxime. Sed dolor vel delectus recusandae.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
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...”