How to hire an equity analyst

How to hire an equity analyst, step by step

Here's a step-by-step equity analyst hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write an equity analyst job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new equity analyst
• Step 8: Go through the hiring process checklist

What does an equity analyst do?

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1. Identify your hiring needs

   Before you post your equity analyst job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find an equity analyst for hire on a part-time basis or as a contractor.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   You should also consider the ideal background you'd like them an equity analyst to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire an equity analyst that fits the bill.

   This list shows salaries for various types of equity analysts.

   Type of Equity Analyst	Description	Hourly rate
   Equity Analyst	Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.	$32-75
   Investment Advisor	An investment advisor is responsible for managing the clients' financial portfolios, advising them of investment options according to their financial goals and objectives, and their ability to handle risks. Investment advisors should have excellent knowledge of the investment policies, providing the clients with the best financial strategies according to their interests... Show more	$28-88
   Finance Analyst-Operations Finance	Financial analysts are professionals who are in charge of the financial operations of businesses. The analysts analyze results, monitor variances, determine trends, and suggest management-related actions to improve corporate finances... Show more	$20-51

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Financial Models
   • Equities
   • Discounted Cash Flow
   • Securities
   • Portfolio Companies
   • Real Estate
   • PowerPoint
   • Fundamental Analysis
   • DCF
   • Buy Side
   • Due Diligence
   • Investment Process
   • Investment Committee
   • Cash Flow

   Check all skills

   Responsibilities:

   • Manage trade executions and broker relationships for all portfolio positions across several banks, prime brokerage accounts and electronic commodities exchanges.
   • Conduct fundamental analysis of securities own or being consider for inclusion in domestic equity mutual fund.
   • Conduct analysis on prospective names in buy universe using DCF, comps, historical, and extensive fundamental scrutiny.
   • Conduct fundamental and technical analysis on diversify pool of global equities across all sectors.
   • Conduct bottoms up fundamental and technical analysis of equity securities to produce buy/sell/hold recommendations for various portfolios.
   • Perform comprehensive analysis of equities, formulate and utilize fundamental and technical analysis for various equity trading strategies and execution.

   More equity analyst duties

3. Make a budget

   Including a salary range in the equity analyst job description is a good way to get more applicants. An equity analyst salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.

   For example, the average salary for an equity analyst in South Dakota may be lower than in California, and an entry-level engineer typically earns less than a senior-level equity analyst. Additionally, an equity analyst with lots of experience in the field may command a higher salary as a result.

   Average equity analyst salary

   $103,715yearly

   $49.86 hourly rate

   ---

   Entry-level equity analyst salary

   $68,000 yearly salary

   Updated January 30, 2026

   Average equity analyst salary by state

   Rank	State	Avg. salary	Hourly rate
   1	California	$135,615	$65
   2	Massachusetts	$119,723	$58
   3	Washington	$112,072	$54
   4	New York	$111,812	$54
   5	Pennsylvania	$107,035	$51
   6	Virginia	$103,762	$50
   7	District of Columbia	$103,666	$50
   8	Minnesota	$101,739	$49
   9	Connecticut	$100,480	$48
   10	North Carolina	$96,836	$47
   11	New Jersey	$94,367	$45
   12	Illinois	$92,712	$45
   13	Oregon	$90,375	$43
   14	Delaware	$90,343	$43
   15	New Mexico	$90,019	$43
   16	Maryland	$89,318	$43
   17	Iowa	$85,826	$41
   18	Florida	$84,465	$41
   19	Georgia	$81,911	$39
   20	Texas	$79,532	$38

   Average equity analyst salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	The Citadel	$173,412	$83.37	11
   2	MacArthur Foundation	$143,318	$68.90	1
   3	McKinsey & Company Inc	$142,440	$68.48	2
   4	Cerberus Capital Management	$136,627	$65.69	2
   5	Partners Group LTD	$134,144	$64.49
   6	Deerfield Management	$133,028	$63.96
   7	PitchBook Data	$129,469	$62.24	2
   8	Bain & Company	$128,097	$61.59	10
   9	The Buckingham Research Group	$124,327	$59.77	1
   10	Rpp	$123,112	$59.19
   11	BMO Capital Markets	$121,525	$58.43	27
   12	Audax	$121,402	$58.37
   13	Bloomberg	$120,834	$58.09	30
   14	XP Securities	$119,687	$57.54
   15	Rbc Holding Co Ltd	$119,613	$57.51	8
   16	The Carlyle Group	$119,477	$57.44
   17	OrbiMed	$119,249	$57.33
   18	PanAgora	$119,071	$57.25	3
   19	Tullett Prebon	$118,714	$57.07
   20	GFI Group	$118,209	$56.83

4. Writing an equity analyst job description

   An equity analyst job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of an equity analyst job description:

   Equity analyst job description example

   WHAT YOU'LL DOAs a Knowledge Analyst (KA) within BCG's Principal Investors & Private Equity(PIPE) Practice Area, you will work in a growing global team, providing expertise and insights across PIPE topics (e.g., Commercial Due Diligence, Fund Strategy, Portfolio Acceleration, etc.). You will worktogether with BCG case and proposal teamsto deliver customized knowledge assets and expert advisory.
   
   In addition, you will support with guidance from senior colleagues, the PIPE practicein developing intellectual property & knowledge assets and managing content on internal BCG websites, ensuring availability of latest, high-quality content. You will also support business development and go-to-market efforts of the PIPEbusiness, as opportunities arise, contributing research and analysis to marketing efforts.
   
   BCG's PIPEPractice Area works with the world's largest investment firms, serving six client asset classes: Private Equity, Hedge Funds, Infrastructure & Real Estate Funds, Family Offices, Sovereign Wealth Funds and Pension Plans.Likewise, PIPE topics cut across not only these asset classes, but also across industries (e.g., Health Care, Consumer, Technology, etc.) and sub-topics (e.g., Tech Capital, Private Credit, Environmental, Social and Governance, etc.).YOU'RE GOOD AT
   
   Applying experience and expertise on PIPE content when contributing to building and deploying a product/tool/data, taking different client contexts into account
   
   Working collaboratively and effectively in a group dynamic often virtual, proficient in agile ways of working
   Communicating with senior stakeholders, being credible and proactive Framing, structuring, and sharing intellectual property, with the ability to write clearly and concisely Working creatively and analytically in a time-limited, problem-solving environment Flexibility and bring a curious and creative mindset, open for new things and able to propose innovative ideas Ability to navigate complexity and ambiguity Interacting with internal and external stake holders while working in a global collaborative team environment YOU BRING (EXPERIENCE & QUALIFICATIONS) 1-2 years of relevant work experience required Bachelor's degree required; advanced degree preferred 1+ years of relevant experience in relevant sector/topic required Fluency in English YOU'LL WORK WITHAs a Knowledge Analyst you will collaborate with global topic leads and colleagues across BCG to bring expertise and capabilities to the service of our internal and external clients. Our team is made up of a diverse pool of knowledge positions that allow us to pursue exciting, innovative knowledge careers.ADDITIONAL INFORMATIONThe Knowledge Team (KT) is a group of functional and/or industry experts leveraging deep domain knowledge to enable insight for case teams and clients. KT members are affiliated to BCG Practice Areas, plugged into the strategic agenda and building and deploying leading edge IP data tools/assets to deliver insight.
   
   BCG's Knowledge Team members are staffed on cases and help co-create insights with case teams and clients through expert perspectives on industry trends, delivery of proprietary data or tools in a particular function and complex research and analysis of market information. KT members also support the PA's business development and proposals and help to organize and codify the knowledge that enables BCG to deliver superior business value for its clients.
   
   Candidates should be aware that BCG currently maintains a policy requiring all US & Canada based employees to be fully vaccinated against COVID-19. Newly hired employees must be fully vaccinated prior to their employment start date. BCG is an equal opportunity employer and will provide a reasonable accommodation to those unable to be vaccinated for medical or religious reasons where it is not an undue hardship to the company to do so as provided under applicable federal, state, provincial and local law.

   Copy this example

   

5. Post your job

   There are various strategies that you can use to find the right equity analyst for your business:

   • Consider promoting from within or recruiting from your existing workforce.
   • Ask for referrals from friends, family members, and current employees.
   • Attend job fairs at local colleges to find candidates who meet your education requirements.
   • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.

   Post your job online:

   • Post your equity analyst job on Zippia to find and recruit equity analyst candidates who meet your exact specifications.
   • Use field-specific websites.
   • Post a job on free websites.

6. Interview candidates

   Recruiting equity analysts requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.

   Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new equity analyst

   Once you've found the equity analyst candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.

   It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

   To prepare for the new equity analyst first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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