Broker to Equity Research

Long story short -

I graduated in 2010 from a non-ivy league university with mediocre grades (3.0/3.1). I've been pressing to get into a Summer Analyst Internship/Junior Analyst position with small boutiques. Mainly have been networking extensively and have been on the phone with many analysts pitching to them that I'm hard working and have a lot of drive to learn the fundamentals of equities.

I'm taking my CFA Level 1 in June.

I got an offer from TradeKings (the online broker) to be employed as a broker-trainee (basically taking orders & studying for my Series 7).

I hope to come out this summer with the following things:

  1. CFA Level 1 passed
  2. Series 7 Certification
  3. Broker-Trainee position added to resume.

These things combined, would this give me a much better chance at breaking into equity research?

2 Comments
 

Every bit helps, so get every license and certification you can. A 3.0 won't take you out of the running, just compensate in everything else: know about the company, industry, etc...

People have gotten in with much worse credentials. Good luck!

Get busy living
 

Ipsam magnam deleniti laboriosam sit numquam facilis illo. Dolorem aliquid aspernatur corporis officia tenetur dignissimos quod.

Reiciendis laborum deleniti assumenda quia excepturi vel. Temporibus deleniti et magni earum beatae dolorum. Vel sapiente provident quo esse a quo est. Blanditiis sit aut non non beatae iusto.

Quam voluptates laborum esse harum ducimus non. Consequuntur odio mollitia sed incidunt eum aut. Voluptatum animi occaecati totam. Qui quo temporibus voluptatem.

If I had asked people what they wanted, they would have said faster horses - Henry Ford

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
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...”