Associate Analyst, Wealth Management (Boston)

Company Overview:

Cerulli Associates (CA) is a research and consulting firm, headquartered in Boston, specializing in product and distribution analysis for the global asset management industry. Since 1992, we have blended primary research and data analysis to bring perspective to current market conditions and forecasts for future developments. With a suite of research publications, an interactive data platform, and custom research and consulting offerings, we provide financial services firms with unparalleled guidance in strategic positioning and new business development.

Cerulli Associates is a 2023, 2024, and 2025 Boston Globe Top Places to Work . We are proud to be recognized for our outstanding employee engagement, management, work-life balance, and benefits.

Our clients include virtually all the top 50 global asset management firms, as well as industry service providers, management consulting companies, banks, broker/dealers, insurance companies, investment consulting firms, and private equity firms.

Position Overview:

This Associate Analyst position sits within the Wealth Management practice, with primary responsibilities related to CA’s financial advisor and home-office research. CA administers the industry’s longest-running annual advisor survey in the U.S. offering a unique opportunity to work with industry‑leading data and contribute to high‑impact research and consulting projects across the Wealth Management practice.

The Wealth Management practice focuses on trends related to U.S.-based retail financial advisors, including:

• In-depth competitive analysis, quantitative market sizing, and qualitative coverage of B/Ds, RIAs, banks and trust companies
• Needs, challenges, risks, and opportunities facing financial advisors
• Hiring, training, and retention methods of advisory firms
• Distribution strategies for retail asset management products sold through financial advisors

Responsibilities and Duties:

• Collect data from public company filings and other sources for annual market sizing projects
• Support the development of new data models to size market segments, opportunities, and risks
• Develop lists of senior executives and solicit their participation in the research process
• Shadow research interviews to build subject-matter expertise
• Build, test, and distribute recurring industry surveys using the Qualtrics online survey engine in support of annual research reports
• Assist in initiatives to increase advisor survey participation and ongoing research engagement
• Validate and scrub raw survey data to minimize invalid responses and identify outliers
• Prepare data exhibits in SPSS and Excel to summarize survey results
• Collaborate closely with other analysts and research practices to enhance processes, documentation, and data visualization
• Support data needs for CA's strategic consulting engagements
• Provide writing assistance for multiple wealth management practice reports, with a special focus on The Cerulli Report: U.S. Broker/Dealer Marketplace.

Qualifications:

• 1 to 2 years of experience or a recent college graduate with strong analytical, quantitative, and communication skills
• Outstanding attention to detail and emphasis on accuracy
• Ability to manipulate and analyze sizable amounts of data
• Proficient in Microsoft Excel; knowledge of Qualtrics, SPSS, Alteryx,, and/or Microsoft Office 365 is helpful but not required
• Ability to work on multiple projects simultaneously and to change course quickly as needed
• Strong project and time management skills
• Capacity to respond productively to feedback and make ongoing improvements to approach
• Experience working with financial advisors or in financial services is a plus
• Highly detail-oriented with strong organization skills
• Strong communication skills