Analyst, Investment Research at Pathstone in San Francisco, CA

Company Description: Pathstone is a growing wealth management firm serving ultra-high net worth families, single family offices, foundations, and endowments. We are united by a clear purpose: to help clients pursue their Preferred Life — with clarity, confidence, and long-term support across the full landscape of wealth and well-being.

Our services include investment advisory, as well as integrated planning and coordination across key areas such as tax strategy, risk management guidance, wealth and estate planning support, philanthropic planning, and family governance — helping clients navigate complexity and make informed decisions aligned with their goals.

With more than 20 office locations and over $100 billion in client assets under management, advisory, administration, and related services, Pathstone has expanded significantly over the past five years, reflecting sustained momentum and continued investment in our team and platform.

Pathstone is committed to making a meaningful difference for clients and their families, while fostering a supportive, purpose-driven environment for our professionals. Team members are encouraged to pursue their interests and contribute to the firm’s culture through committees and initiatives that help shape our shared mission.

Our people are our greatest asset, and we offer a competitive, flexible benefits program designed to support life both inside and outside of work. Benefits include comprehensive medical, vision, and dental coverage, flexible spending options, flexible PTO, life insurance, education support, a 401(k) plan, parental leave, and more.

The Investment Research Analyst position is an excellent opportunity to launch a career in investment management as part of a leading investment firm. This is a 2-year, entry-level position with the potential for high performing analysts to expand and extend their engagement at the firm for an additional 2 – 3 years in a senior analyst position.

In This Role You Will:

• Act as a key member of the investment team, participating in all aspects of the investment process – including joining meetings with existing and prospective investment managers, developing quantitative and qualitative evaluations of investment opportunities, and analyzing performance data and portfolio characteristics.
• Evaluate the market environment within asset classes (e.g. stocks, bonds, private equity, real estate, energy, and alternatives/absolute return) and collaborate with cross-asset teams.
• Prepare thematic presentations on markets and investment opportunities for internal audiences including the broader Investment Research team and Pathstone’s portfolio managers.
• Support Pathstone’s portfolio managers and their client teams by responding to requests for information and analysis on current and prospective fund investments.

Qualifications:

• You are a current undergraduate student on track to complete your bachelor’s degree by the summer of 2027.
• You are an intellectually curious problem-solver who is not afraid to ask questions.
• You prioritize operating ethically and professionally, demonstrate a strong sense of integrity, and consistently exercise good judgement.
• You possess a keen interest in developing deep knowledge of financial markets and investment research.
• You operate with a positive and proactive attitude, welcoming and implementing feedback with an open mind.
• You demonstrate strong oral and written communication skills.
• You possess excellent organizational skills and a strong ability to balance time-sensitive priorities while maintaining a high level of attention to detail.
• You are interested in learning how to use and optimize AI for day-to-day workflows in a creative manner.
• You value and model the attributes that make our team great: collaboration, excellence, good judgement, initiative, innovation, integrity, and leadership.

Application & Interview Details:

Application Timeline: The Research Analyst application will be open until 5:00 pm PT on Friday, September 11, 2026, after which point it is subject to close. Applications will be reviewed on a rolling basis, so candidates are encouraged to submit their full application materials as early as possible for immediate consideration.

Due to the high volume of applications, the first round of interviews will not begin until late August, and there may be several weeks between when you submit your application and when you hear from us. If you do not receive an e-mail from us, please check your spam folder.

Pay Transparency: Pathstone’s expected starting base compensation range for the position as of the time of this posting is $85,000 - $90,000 per year. The actual base compensation selected for this role will be set based on a variety of factors, including (but not limited to) experience, education, specialty and training. The successful candidate(s) may also be eligible for a discretionary bonus award.

Visa Sponsorship: Please note, we are unable to provide visa sponsorship for this position. Accordingly, we are unable to hire individuals who require, or will require, employment visa sponsorship either now or in the future.

Pathstone is proud to be an equal opportunity employer.

In posing the application screening questions, we are seeking to understand how your personal experiences have informed and reflect your interest and fit for this role. To ensure authentic responses, we ask that candidates please refrain from using AI tools (such as Chat GPT) to compose answers to the application screening questions.

As you explore opportunities, know that Pathstone communicates with candidates exclusively through an @pathstone.com email address. We do not make unsolicited job offers, and we will never ask for personal or financial information through email or web forms. If you receive outreach that appears to be from Pathstone but originates from a different domain, please disregard it.

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