Analyst/Associate Job Title at boutiques?

Has anyone heard of boutiques labeling first year analysts as "associates"? And if so is that common?

I guess boutiques can do whatever the fuck they want but I was just curious because I think I will be an associate at the entry level. And in terms of lateraling in a year or so does it look weird to be called an associate as opposed to an analyst if it's obvious that your are straight out of undergrad?

Maybe this is common and I just haven't seen it.

Thanks for anyone who can shed some light on this.

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