got an offer last month for a Financial Analyst II role in their asset management division, posting because financial-services analyst comp is underrepresented in these threads and it usually gets lumped in with tech comp when they're pretty different.
Base: $82,000. Annual bonus target: 10-20% of base (they give a range, not a fixed number). They told me 'average payout has been at target or above' for the past 3 years. No equity for this level. Benefits are good: full health, 401k match up to 7%, defined contribution plan on top of that.
Boston COL is brutal for this number but it's in the range for traditional FS analyst roles. Compared to banking analyst roles the hours are far better. I turned down a big 4 offer that was higher base but the total package difference narrowed after accounting for unpaid overtime. Accepted this one.
4 replies
ops_omar
the 7% 401k match is genuinely good, most places cap at 4-5%. and a defined contribution plan on top of that is rare outside of legacy financial firms. worth factoring in if you're comparison shopping.
analyst_ana
thanks for posting this. every time I try to look up Fidelity analyst comp I get SWE numbers or nothing. this is actually useful. what was your interview process like for that role, was it the same HireVue plus on-site structure?
finance_faye
pretty similar. recruiter screen, then a HireVue with behavioral and a basic financial modeling question (they had me walk through how I'd approach a DCF, no spreadsheet, just talk through it). then one on-site round with 3 people including my potential manager. shorter than the tech track.
alex_design
I'd push back slightly on the hours comparison with big 4. Advisory/consulting at big 4 is brutal, sure, but Fidelity's fund ops and compliance teams can have rough seasons too, especially around audit cycles and year-end. 'Better hours' is real but not unconditional.