Eaton Vance vs other Boston AM Firms

How is Eaton Vance viewed compared to other Boston AM firms like Fidelity, Wellington, etc...? And how is comp, exit opps, b school prospects compared to those firms as well? Any thoughts would be really helpful. Any insights specific to fixed income would be good as well.

17 Comments
 

My perspective is from the equity side with post MBA roles, but Eaton Vance is generally viewed to be a notch below Fido, Wellington, and MFS. Perhaps the associate programs are viewed more similarly (I have no idea), but there is a notable difference in overall reputation. Still a solid shop, but most would rank it after the other large Boston AMs.

 

- Overall thoughts on the merger?

- Will it help or hurt those working at EV/MSIM from a career standpoint?

- For the combined MSIM/EV, does that put them in a similar "tier" to the Fidelity/Wellington/Pimco/TCW (if this is too broad, maybe just for the fixed income teams?)

 

-No thoughts right now, it's being pitched as a distribution synergy

-Brandwise....they're both well known firms. to the extent you'd want to exit, i'd guess MS is a more broadly known name?

-as i said earlier, thinking of AM firms in tiers is a pretty foolish exercise. Should think about it in terms of groups. EV is well known for their systematic and FI groups, MSIM is known for equity

 

Mfs is a highly respected firm. If your goal is to work front office you would have to do a lot of networking within the industry and pursue the CFA to demonstrate commitment. The chances Mfs hires you for a research role are really slim since they only hire 2-3 associates a year and they are either intern conversions or target school hires. With the rotational program under your belt and CFA your chances are pretty good at landing a seat at a different firm. Pay for the rotational program is low for Boston (65k TC I think) but unless you a better offer I would highly consider it. Mfs has a really good wlb and a very very supportive culture!

 
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