Strategic Advisers Research Associate

Fidelity will not provide immigration sponsorship for this position.

Job Description:

The Role
The Strategic Advisers, LLC (SAI) Fundamental Research team is a well-resourced team of analysts and associates organized across four teams including US Equity, International Equity, Fixed Income, and Liquid Alternatives. Each team is responsible for conducting manager research within their respective asset classes to identify high conviction portfolio managers and strategies to invest in on behalf of our clients as we seek to help them achieve their financial goals through a diversified multi-asset class portfolio solution.

The Research Associate (RA) program is an early career rotational program that seeks to recruit industrious, market driven, aspiring investors to support SAI’s manager research process. The goal of the program is to train and develop RAs to have strong research and analytical skills across broad markets and asset classes that will support them in launching a successful career in investing.

Over the course of the program, RAs are trained to creatively evaluate portfolio managers through the analysis of their performance, quantitative risk factors, portfolio characteristics, and underlying holdings. In close collaboration with senior analysts, associates participate in meetings with portfolio managers, sell-side strategists, and other market participants. RAs are also given the opportunity to collaborate on asset class and thematic research with senior members of the SAI investment team

Participation in the Research Associate program may last up to four years. Associates who demonstrate investment impact and impressive performance have historically been promoted to a full-time Analyst position or have gone on to join other top Asset Management firms.

- Up to four, 12-month rotations across the primary asset classes we invest in, developing your knowledge of each market and asset class including performance drivers, investment strategies and manager research framework.

- Direct training and development through an apprenticeship model, working to support your assigned asset class and analysts with reporting, analytics, and research process improvements.

- Opportunity to present analysis and recommendations to senior members of SAI’s investment team.

- Frequent opportunities to participate in meetings with best-in-class Fidelity and external portfolio managers.

- Mentorship and networking opportunities with PMs, Research Analysts, and senior leaders across SAI and the broader Fidelity organization.

The Expertise and Skills You Bring
Successful candidates should demonstrate the following characteristics:

- Bachelor’s degree with 1-3 years of relevant work experience related to the financial markets.

- Demonstrated interest in investing including a working knowledge of the financial markets. Progress toward CFA/CAIA strongly preferred.

- Strong analytical and critical thinking skills with the ability to work proactively and independently.

- Strong data and quantitative skills, including familiarity with coding, are desirable. Candidates should also demonstrate an interest in AI and its applications within investment management and financial markets.

- Highly driven and motivated individuals with a results-orientated mindset.

- A strong collaborator and relationship builder that seeks out additional responsibilities and learning opportunities while also looking to develop those around them.

The Team
Strategic Advisers, LLC (SAI) is a registered investment advisor and Fidelity Investments Company that provides investment management services to clients through Fidelity’s retail and institutional distribution channels. For more than 30 years, SAI has specialized in the investment management of managed accounts and other custom solutions to help investors reach their financial goals. With more than $1.4 trillion in assets under management in a blend of Fidelity and third-party investment vehicles, Fidelity’s SAI is a leading provider of managed solutions for retail, workplace, and institutional clients.

Location
Boston, MA

Start Date
Expected start date winter 2027
Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

The base salary range for this position is $90,000 - $175,000 per year.   Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home.  These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.  Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Certifications:

Category:

Investment Professionals