Choosing an offer between 2 AM spots

I'm choosing between research associate spots at 2 different long-only AM funds.

One is a very junior associate position in a pool (shared across PMs) at a Capital Group / Wellington type AM. The other spot is an assigned sector at another fund working under one PM (think Algers, Clearbridge, Federated).

The second role is pretty appealing because I get an assigned sector off-the-bat vs first role where you are just a shared resource.

Wanted some advice what would be better in terms of career progression and future opportunities down the line?

Comments (8)

NT123, what's your opinion? Comment below:


rugbyladdy, what's your opinion? Comment below:

Unless the specific PM has an impressive track record and is someone you'd really want to bet on career-wise, go to Cap Group/Wellington, IMO. Any preference on location? LA vs BOS vs NYC are all very different

zeroebitda, what's your opinion? Comment below:

Cap Group / Wells hands down. Their RA program is the gold standard in the AM industry. You can always exit to other long onlys after 3-4 years as a generalist into a more sector focused role afterwards.

luna-m, what's your opinion? Comment below:

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