ASSOCIATE, EQUITY RESEARCH

Associate, Equity Research Job Description

About the Firm:

Monticello Associates, LLC is an investment consulting firm serving foundations, endowments, and family office clients in an investment advisory capacity. The firm is headquartered in Denver, Colorado, with additional offices in Cleveland, Ohio, Washington, D.C., and Boston, Massachusetts. Our firm provides clients with manager due diligence and selection, asset allocation strategy recommendations, performance reporting, and all other necessary functions required to support clients in their role as fiduciaries. 

In 2025, Monticello partnered with Cresset, an award-winning,** independent multi-family office and private investment firm. This combination brings together Monticello’s deep experience in endowment and foundation consulting with Cresset’s scale, comprehensive family office services, and broad private market access. The result is a powerful combination of institutional rigor and boutique personalization, delivering customized solutions to clients while opening new and exciting career opportunities for our team.

About the Role:

This Equity Research Associate will focus on investment manager research and due diligence for domestic, international, and emerging markets equity strategies. The daily workflow involves meeting with investment managers, generating research notes and formal reports, tracking and analyzing performance and exposures, and other ad hoc projects. The role requires leading and completing various projects under strict deadlines in a fast-paced and dynamic environment.

• Attend meetings with investment managers and prepare post-meeting reports for dissemination to colleagues across the organization and to clients
• Create and update investment manager reports used for reviews and recommendations to clients
• Assist with underwriting new investment ideas by analyzing firm background, investment strategy, historical performance, portfolio positioning, and fund terms
• Utilize investment tools including eVestment, Bloomberg, and MSCI ESG to conduct manager analysis and comparisons
• Create asset class reviews summarizing major trends, including macroeconomic backdrop, performance drivers, competitive landscape, and key client considerations

What You Can Expect:

Monticello Associates offers a dynamic work environment for all employees. Equity Research Associates gain broad exposure to the investment management industry and have the opportunity to interact with leading investors across the major asset classes. Equity Research Associates will receive mentorship from the Research department Senior Equity Research Associates and Directors, as well as the firm’s Investment Consultants. The role may require periodic travel to visit with managers on-site, attend industry conferences, and collaborate with colleagues in other offices.

About You:

• Undergraduate degree (academic concentration in economics, finance, or business is preferred)
• 1-3 years of experience within the financial services industry through internships or full-time positions with a preference for experience at a foundation, endowment, family office, investment bank, asset/equity manager, or investment consultant
• Excellent written communication skills (a writing sample is required for consideration)
• Proactive self-starter with the ability to multitask and organize competing priorities and deadlines
• Analytical problem-solving and data analysis skills with high attention to detail
• Intellectual curiosity and desire for constant learning
• Expertise in Microsoft Word, Excel, and PowerPoint      
• Knowledge of capital markets and securities analysis; specific asset class experience is a plus
• Experience with investment technology (Bloomberg, eVestment, etc) is a plus

What We Offer

We put people first. As a service business, our team is our greatest asset, and engaging both clients and employees is our highest priority. Starting base salary range: $80,000 - $100,000.  Salary is determined by factors such as experience, licenses/certifications, industry knowledge, and geographic location. We provide a competitive compensation package that includes an annual incentive, and a comprehensive suite of benefits: medical, dental, and vision insurance; life insurance; 401(k) retirement plan; health savings accounts; short- and long-term disability coverage; voluntary critical illness and accident insurance; and pre-tax parking and transportation programs.

Equal Employment Opportunity

It is our policy to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law. It is Cresset’s policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.

Cresset refers to Cresset Capital Management, LLC and its respective direct and indirect subsidiaries and controlled affiliates. Cresset Asset Management, LLC, also conducts advisory business under the names of Cresset Sports & Entertainment, CH Investment Partners, and Cresset Capital. Cresset provides investment advisory, family office, and other services to individuals, families, and institutional clients. Cresset also provides investment advisory services to investment vehicles investing in private equity, real estate, and other investment opportunities. Cresset Asset Management, LLC and Monticello Associates, LLC. are SEC registered investment advisers. SEC registration does not imply any specific level of skill or training.