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.

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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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