Capital Group Equity Research Associate program

tapman's picture
Rank: Chimp | 7

Anyone have thoughts on CapGroup's equity research associate program (not to be confused with TAP)? Seems like they hire a lot of IBD analysts who have completed their 2 year programs, with less of an idea generation role and more of a modeling monkey role? Thoughts on the program would be appreciated, and if many associates are promoted to analyst positions with their own coverage or if they must move on to another firm for that to happen.

Comments (25)

Mar 19, 2014

Capital Group rarely, if ever, promote associates to analysts unlike Fidelity. Plenty of associates leave for analyst roles elsewhere. Good place for experience with a great name.

Mar 19, 2014

Yeah I've heard it's not a frequent occurrence, like 1 in 5 associates will make it to be an analyst. Do you have experience at Cap Group Hbaj?

May 1, 2014

Just saw this...1 in 5, maybe even less. I interviewed with 2 groups at Cap Group. Did not get offer from either one. In the first one, I made a wreck of the fit questions. The recruiter told me the 2nd group was very tough...they had been looking for someone for over a year. My sector knowledge was not up to par there. Good luck, and I would totally take an offer there if you get it.

Apr 10, 2014

Have you applied yet?

May 6, 2014

Hbaj - any intel you would be willing to share on the types of questions they ask? Have a couple of interviews coming up with them..

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Jun 2, 2014

Hi,

Fugo, how did the interview(s) went ? care to share some question you had?

Jun 26, 2014

Interview was straight forward. Nothing too technical. Mostly fit type questions. From memory - some of the questions were "how would you analyze a company if I just gave you the ticker" , "How would you prepare for a holding that was going to report quarterly earnings tomorrow", On balance nothing too hard. Got the impression that Associates aren't really valued there though - they were very clear about it not being a career track / promotion type role.

Jun 2, 2014

What's pay like at cap group?

Oct 22, 2015

Do any of you guys have the email format for Capital Group? Thanks

Oct 22, 2015

Had a friend that went through that program a few years ago... generally liked it, good work/lifestyle mix and it helped them get into a top bschool. My friend pursued a different line of work after the MBA, but generally recommended it. Don't know about comp, but safe bet that its less than banking. Also - capital group has a number of offices around the world that may have very different cultures... where is this position based?

Oct 22, 2015

LA or SF. theyre HQ in LA.

this would be post ibanking. is it comparable to an exit opp in VC/PE for example? i think capital would be in line with most top HFs. any thoughts?

Oct 22, 2015

The positive review I was talking about was in the LA office.

I don't know what you mean about comparability to VC/PE/HF... it is a different job from VC, PE or hedge funds.

Oct 22, 2015

sorry, what i meant was just in terms of this opp compared to other exit opps out of banking. obviously, VC/PE is a different space. But im just trying to understand in terms of prestige how capital group would rank. its more comparable to HF because of public mkts, but really trying to gauge if this is a highly sought after position

Oct 22, 2015
stocktwo50:

really trying to gauge if this is a highly sought after position

I would give my left nut to work there.

Oct 22, 2015

thanks ny trader. short, but helpful. any other detail as to exit opps? or comp?

Oct 22, 2015

take this position over a HF opp?

Oct 22, 2015

Excellent firm, smart ppl, v. corporate, decent pay.

But make sure you like vanilla Asset Management. There is a book about them - try Amazon.

Oct 22, 2015

I've heard the have a kick ass retirement plan. Other than that, I haven't heard a lot. I've worked with a few guys that used to be there and they have never said anything bad about it. That said, they obviously left for a reason.

Oct 22, 2015

One of the premier long only firms to work at. In terms of comp...just look at active AUM per investment professional (or if you prefer, layer average fee % on AUM then take a comp margin off of that) and you will see that it's lucrative. If this is for front office investment research I would take it no question.

Oct 22, 2015
IBPEHFVC:

One of the premier long only firms to work at. In terms of comp...just look at active AUM per investment professional (or if you prefer, layer average fee % on AUM then take a comp margin off of that) and you will see that it's lucrative. If this is for front office investment research I would take it no question.

This is right. If you want to work in long-only equity research, there are very few places that are equal to capital group. They're insanely selective of course, hiring almost exclusively from HBS and Stanford.

Oct 22, 2015
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Oct 22, 2015
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