How to hire an investment associate

How to hire an investment associate, step by step

Here's a step-by-step investment associate hiring guide:

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

What does an investment associate do?

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1. Identify your hiring needs

   The investment associate hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.

   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 investment associate 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 investment associate that fits the bill.

   The following list breaks down different types of investment associates and their corresponding salaries.

   Type of Investment Associate	Description	Hourly rate
   Investment Associate	Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.	$34-106
   Treasury Analyst	A treasury analyst is a professional who manages and analyses the financial activities of an organization that can include cash flows, liability obligations, and assets. Treasury analysts are required to execute the daily cash management of the organization such as cash forecasting, investing of excess cash, and running a hedging program in interest rates... Show more	$25-48
   Pricing Analyst	Pricing analysts are responsible for examining competitors' pricing strategies and industry standards to aid businesses in determining and setting competitive pricing. These professionals study consumer habits and behavior to gauge their willingness to pay for products and examine consumer spending... Show more	$22-42

   Show more

2. Create an ideal candidate profile

   Common skills:

   • PowerPoint
   • Customer Service
   • Client Service
   • Due Diligence
   • Securities
   • Client Relationships
   • Real Estate
   • Wealth Management
   • Financial Models
   • Client Portfolios
   • Market Research
   • Strong Analytical
   • FINRA
   • Asset Allocation

   Check all skills

   Responsibilities:

   • Deal analysis lead to bids on healthcare software and a commercial real estate firm.
   • Generate reporting data from Salesforce platform to facilitate growth and manage firm operations.
   • Contribute to various components of operations of a venture capital firm with a focus on technology and healthcare sectors.
   • Perform analysis on asset allocation, security concentration, trade execution, and conflict securities.
   • Calculate the company's EBITDA base on the financial figures provide.
   • Engage in successful defense takeover tracking client s shares, DCF model and report directly to CEO.

   More investment associate duties

3. Make a budget

   Including a salary range in your investment associate job description is one of the best ways to attract top talent. An investment associate can vary based on:

   • Location. For example, investment associates' average salary in colorado is 37% less than in california.
   • Seniority. Entry-level investment associates 68% less than senior-level investment associates.
   • Certifications. An investment associate with certifications usually earns a higher salary.
   • Company. Working for an established firm or a new start-up company can make a big difference in an investment associate's salary.

   Average investment associate salary

   $127,205yearly

   $61.16 hourly rate

   ---

   Entry-level investment associate salary

   $72,000 yearly salary

   Updated December 12, 2025

   Average investment associate salary by state

   Rank	State	Avg. salary	Hourly rate
   1	California	$134,501	$65
   2	New York	$125,294	$60
   3	Rhode Island	$122,627	$59
   4	New Jersey	$122,329	$59
   5	Massachusetts	$117,797	$57
   6	Connecticut	$114,770	$55
   7	Washington	$113,197	$54
   8	District of Columbia	$112,890	$54
   9	Virginia	$112,035	$54
   10	North Carolina	$109,537	$53
   11	Illinois	$107,971	$52
   12	Pennsylvania	$104,262	$50
   13	Minnesota	$102,243	$49
   14	Arizona	$101,469	$49
   15	Texas	$101,328	$49
   16	Ohio	$99,279	$48
   17	Maryland	$97,590	$47
   18	Oregon	$96,675	$46
   19	Florida	$92,617	$45
   20	Wisconsin	$91,674	$44

   Average investment associate salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	Brookfield Properties	$207,844	$99.92	3
   2	Ropes & Gray	$202,660	$97.43
   3	The Citadel	$198,162	$95.27	4
   4	Vedder Price	$189,012	$90.87
   5	Shearman & Sterling	$179,614	$86.35
   6	McKinsey & Company Inc	$169,285	$81.39	2
   7	Goodwin	$166,796	$80.19
   8	Arrowstreet Capital	$165,306	$79.47	1
   9	GreyStar	$163,245	$78.48	6
   10	Meta	$162,672	$78.21
   11	The Rockefeller Foundation	$162,393	$78.07
   12	Dorsey & Whitney	$161,995	$77.88
   13	Brightwood Capital	$156,945	$75.45
   14	Siguler Guff & Company	$156,245	$75.12
   15	Two Sigma	$153,135	$73.62
   16	Capital Investment Advisors	$151,835	$73.00
   17	Dimensional Fund Advisors	$150,718	$72.46	5
   18	Techstars	$149,841	$72.04
   19	American Realty Advisors	$149,130	$71.70
   20	Bain & Company	$148,514	$71.40	1

4. Writing an investment associate job description

   An investment associate 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. To help get you started, here's an example of an investment associate job description:

   Investment associate job description example

   Connecticut Innovations, Inc. ("CI"), Connecticut's strategic venture capital arm, is seeking an experienced bioscience senior investment associate ("Senior Investment Associate") to join and assist our team in developing and managing an active high-tech healthcare and bioscience portfolio for an organization that invests in and assists emerging Connecticut life science companies.
   
   As one of the most active investors on the eastern seaboard, CI will give you valuable venture experience in a unique, innovative work environment. CI has a portfolio of 250+ companies and 3500 jobs across various industries, with great strength in life sciences, including early investments in Nasdaq traded Biohaven, Arvinas, IsoPlexis, Sema4 and RallyBio. CI meets with hundreds of companies every year, identifying the most promising early-stage companies looking to grow in the state. Every year, CI invests in 20+ new companies, in addition to providing follow-on capital to more than 50 existing portfolio companies. CI headquarters are in New Haven, and office locations in Hartford and Stamford.
   
   Qualified candidates must have, at minimum, a master's degree in science and four (4) years of experience at healthcare or life science companies and/or investors. Business development/commercialization experience in a high-growth, entrepreneurial, healthcare, biotechnology or pharmaceutical company is preferred. A doctorate degree in life sciences, bioengineering or a closely related field may be substituted for one (1) additional year of the general experience. Candidates holding a graduate degree are preferred.
   
   CI Senior Investment Associates play a key role in executing our investment strategy by researching promising technology markets. They also participate in all phases of the investment process including due diligence, meetings with management, focused company and industry research, financial modeling, writing investment recommendations, and supporting CI portfolio companies as board observers. The Senior Investment Associate has the potential to progress within CI but will also gain experience that could lead to investment opportunities elsewhere.
   
   This position will be responsible for performing a variety of complex professional tasks related to bioscience initiatives and must be a consummate team player. Specific activities may include, but are not restricted to:
   Sourcing prospects for possible investment by CI Conducting due diligence activities to obtain and analyze pertinent information relative to the prospect's management, market, technology, products, competitive landscape, financial history and projections, business strategy and plan Making recommendations on the technology or a company's commercialization potential Providing comprehensive evaluation and risk analysis of investment opportunities through completion of the due diligence process Structuring and negotiating financing terms of CI debt, equity, and equity-like financing in approved investment opportunities Syndicating with other angel and venture investors Preparing funding recommendations to CI Advisory Committees and closing on approved investments accordingly Raising the profile of CI, including dissemination of relevant information both internally and externally (e.g., participation in external seminars, meetings and other opportunities involving public speaking); and Analyzing key data including metrics for CI and assisting in development of methodologies to evaluate performance. Skills particularly relevant to one's success on the CI team include: Excellent interpersonal skills and the ability to work with management and others, at all levels, internally and externally Strong verbal and written communication skills Considerable ability to exercise judgment and critical thinking Considerable ability and willingness to function constructively as a participant in an investment team of peers and associates within a small organization, and the ability to act on own initiative as appropriate Considerable ability to work directly with the senior executives of portfolio companies A high level of intellectual curiosity and emotional intelligence Considerable ability to respond flexibly and adapt to changing circumstances Ability to multi-task and manage multiple concurrent tasks or projects; and Ability to recruit outside investors to co-invest in CI companies. The starting salary range for this position is competitive, with additional bonus opportunities based on team and individual investment performance.
   Connecticut Innovations in an Affirmative Action/Equal Opportunity Employer
   
   
   
   Job Posted by ApplicantPro

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5. Post your job

   There are various strategies that you can use to find the right investment associate 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.

   To find investment associate candidates, you can consider the following options:

   • Post your job opening on Zippia or other job search websites.
   • Use niche websites that focus on engineering and technology jobs, such as efinancialcareers, financialjobsweb.com, careerbank, financial job bank.
   • Post your job on free job posting websites.

6. Interview candidates

   During your first interview to recruit investment associates, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.

   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 investment associate

   Once you've decided on a perfect investment associate candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.

   It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.

   To prepare for the new investment associate 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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