What percentage of people rise the ranks at Wellington/Fidelity?

Hi all,

Looking to potentially make the transition to an analyst position high yield group at Fidelity/Wellington coming from a blended private credit/equity role at a PE MF (Blackstone/Bain) after 4 years of experience. Interviews have been going well and I hope to secure the offer. One question I have that I haven't been given a clear answer on is the path to the top at Wellington/Fidelity. Getting in as an analyst is very hard, but how does promotability look like once you start as an analyst? Assuming you're a very solid performer and charismatic, is there a relatively guaranteed path to PM/partner (and making the big money) as long as you stick around? How long does it take to get to that level? Thank you!

Comments (8)

Most Helpful
  • Associate 3 in PE - LBOs

You need to do 3 out the 4 well: differentiated / in-depth research, strong communicator, generate alpha, be likable. Idk the stats off the top of my head but if you can do 3 out of those 4 would put more in the "yours to lose" category

Generally takes 10+ years

  • Associate 2 in PE - LBOs

Very helpful, thank you!

  • Associate 2 in PE - LBOs


FIG newton, what's your opinion? Comment below:

Don't mean to hijack the thread but what was your interview process like? I thought these guys normally focused on MBA's, did a headhunter put you in touch or how did that work?

trying_my_best, what's your opinion? Comment below:

Bump. OP, what are the profiles of the other analysts in the high yield group?

  • Analyst 2 in AM - FI


  • Associate 1 in AM - Equities

- its centralised research at both shops therefore it takes a while to build up credibility with your calls/work to PMs. I'd assume you'd join at a VP level , ( given probably 6 ish years of work exp) from VP to MD in research can take a few more years. I wouldn't bank on something like becoming partner.... that would indicate you are either an outlier performer amongst already top analysts or got v v lucky....

  • 2
  • Associate 1 in AM - Equities

Eum placeat reiciendis non nulla sit occaecati est. Voluptates nostrum qui ipsam rerum dolores. Ad rerum aut qui consequuntur quae voluptas quos.

Nam vel enim officia qui enim quasi labore. Dignissimos possimus ea est. Neque eaque vero laudantium eaque. Vel dolor ea aliquid ea ut.

Start Discussion

Career Advancement Opportunities

March 2023 Investment Banking

  • Lazard Freres (+ +) 99.5%
  • Lincoln International (= =) 99.1%
  • Jefferies & Company (▽02) 98.6%
  • Financial Technology Partners (▽01) 98.2%
  • William Blair (▲11) 97.7%

Overall Employee Satisfaction

March 2023 Investment Banking

  • William Blair (▲05) 99.5%
  • Lincoln International (▲11) 99.1%
  • Canaccord Genuity (▲17) 98.6%
  • Stephens Inc (▲10) 98.1%
  • Financial Technology Partners (▲04) 97.7%

Professional Growth Opportunities

March 2023 Investment Banking

  • Financial Technology Partners (▲05) 99.5%
  • Lincoln International (▲01) 99.1%
  • Lazard Freres (▲14) 98.6%
  • Jefferies & Company (▽03) 98.2%
  • William Blair (▲03) 97.7%

Total Avg Compensation

March 2023 Investment Banking

  • Director/MD (6) $592
  • Vice President (27) $425
  • Associates (141) $260
  • 3rd+ Year Analyst (9) $194
  • 2nd Year Analyst (86) $170
  • 1st Year Analyst (266) $170
  • Intern/Summer Associate (45) $165
  • Intern/Summer Analyst (195) $92