Summitry is a Bay Area-based wealth management firm with over $4B in assets under management, 40+ employees, and more than 1,000 clients. We provide personalized financial planning and investment strategies rooted in deep local insight, including a growing presence in Southern California. As a flagship firm of Aspen Standard Wealth, Summitry is part of a broader mission to elevate independent advisory firms across the country. Join an innovative and collaborative team dedicated to becoming the most admirable advisory firm, helping families thrive amid the unique opportunities and challenges of life in the Bay Area and Pasadena.
Position Description
- Reports to: Michael Kon, CFA®, Director of Research & Portfolio Manager
- Benefits: Yes
- Status: Full Time/Exempt
- Date: Immediate
- Work environment: Hybrid (50%/month)
Job Summary
Summitry follows an intrinsic-value investment approach focused on competitively advantaged companies. The investment team is responsible for a concentrated portfolio of 20–30 businesses that combine durable economic moats, above-average growth, capable and disciplined management, and stock prices trading at meaningful discounts to intrinsic value.
The Equity Analyst is a generalist positioned at the center of our investment process. The analyst sources and researches new investment ideas, builds and maintains financial models, and presents high-conviction buy and sell recommendations to the portfolio manager. The analyst is also responsible for covering existing portfolio holdings and is expected and encouraged to share their views on every company in the portfolio.
Duties and Responsibilities
- Generate, research, and pitch investment ideas across sectors, grounded in fundamental analysis of business quality, competitive position, management, growth, and valuation.
- Synthesize public information, industry data, company disclosures, and insights from industry contacts to form differentiated conclusions, often with incomplete information.
- Build and maintain financial models and valuation analyses—including DCF,comparable-company, and scenario analyses—focused on key business drivers, risks, and potential returns.
- Write clear, rigorous investment memos and present and defend buy and sell recommendations before the investment team.
- Monitor portfolio holdings, including earnings, key performance indicators, industry developments, valuation, and thesis drift; recommend additions, trims, or exits as the facts change.
- Develop relationships with management teams and industry participants through company meetings, events, and conferences.
- Clearly communicate our investment thesis for portfolio holdings to advisors and clients; answer client questions; and contribute to quarterly letters, market commentary, and client events.
- Collaborate with colleagues by reviewing research, financial models, and investment theses and by sharing expertise across the investment team.
Qualifications
- Bachelor’s degree; CFA® designation or meaningful progress toward the designation preferred; MBA a plus
- 5+ years of fundamental equity research experience (buy-side, sell-side, or equivalent) with a track record of well-researched stock recommendations
- Strong financial modeling and valuation skills across methodologies
- An independent and critical thinker who demonstrates intellectual honesty, and a collaborative mindset
- Strong passion for investing and a commitment to long-term fundamental research
- Excellent written and verbal communication skills, with the ability to distill complex analysis into a clear and compelling investment case
- Work authorization: Must be authorized to work in the U.S. without sponsorship.
Compensation
- Total compensation includes base and performance bonus:
- Base salary:$110-180K
- Performance-based bonus
- Bonus reflects team and firm performance
Health & Financial Benefits
- Medical, dental, and vision coverage (100% medical coverage for employees / 50% coverage for dependents)
- Flexible Spending Account/Health Savings Account
- 401(K) retirement plan and contributions
- Comprehensive financial planning services for employees and their families
- Fertility and family-building benefits
Professional Development
- Firm sponsorship for certifications, designations, and continuing education (CFP®, CFA®, etc.)
- Professional development and ongoing advisor training
Culture & Lifestyle Perks
- Paid sabbatical program for long-tenured employees
- Annual company retreat where employees are invited to bring their families
- Firm-sponsored volunteer events, paid volunteer time, and charitable matching
- For more details: https://summitry.com/careers
Company Culture and Values
Summitry’s culture is guided by three core values:
- CARE – we care for each other, our clients, and our community
- GROW – we have an intrinsic desire to grow ourselves and our firm
- DRIVE – we are fiercely driven to achieve our goals and those of our clients
Summitry welcomes candidates from all backgrounds and is an equal opportunity employer.
Skills Required
- Bachelor's degree
- 5+ years of fundamental equity research experience with a track record of well-researched stock recommendations
- Strong financial modeling and valuation skills across methodologies
- Independent and critical thinking, intellectual honesty, and a collaborative mindset
- Strong passion for investing and commitment to long-term fundamental research
- Excellent written and verbal communication skills, with the ability to distill complex analysis into a clear investment case
- CFA designation or meaningful progress toward the designation
- MBA
What We Do
At Summitry, we help you maximize the benefits of living in one of the most unique areas in the world. Our personalized financial planning guidance and investment strategies are specially suited for life in the Bay Area.
