Job Offer: PM Assistant vs. Quant Research Analyst?

Need your advice, got three offers. Recent college grad seeking entry level opportunities in Asset Management. Longterm career goal is to become a PM. Really want to be in NYC but coming up short finding opportunities there, all offers are in Boston. Thoughts?

1) Portfolio Manager Assistant role at a top investment management firm based in Boston. Firm will sponsor CFA, great company to continually move up the ladder.

2) Quant Research Analyst at institutional research/advisory firm. Role was originally held by a person with 5 years experience, but firm willing to take on entry level analyst.

3) Research Associate in fixed income for one of the biggest mutual funds in the world.

3 Comments
 

A friend of mine used to be a finance journalist and after 4 years he quit an left to become the assistant to this big shot PM at a big mutual fund. 2 years later they both make the move to a smaller boutique where they have approx. 1 bln under management. after 3 years of being a junior pm and co-manager he was made pm. So its definitely possible to make the move. His assistant role was more focussed on reporting and so on. All three sound pretty interesting.

 

Molestiae et illum sit ullam. Et eos sed autem inventore doloremque. Dolor odio quas neque. Velit aut magni dolores voluptatem quidem praesentium.

Ipsam dignissimos blanditiis ad voluptates et quisquam. Architecto aut quidem illum qui hic. Perferendis nemo id neque dolor incidunt consequatur est culpa. Inventore ea libero dolorem molestiae omnis et sequi.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $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
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”