Working at FPA

We believe that the success of our firm is thanks to its people and their commitment to excellence. We lead with integrity, foster an ownership mindset, embrace teamwork and seek to always make choices that maintain our most important legacy – our reputation. As of December 31, 2022, FPA manages approximately $24 billion across multiple strategies. Independently owned, FPA has 82 employees, with 24 investment professionals. If you are interested in applying for any of the jobs listed below, please click on the link and submit your application. Resume and cover letter are required.

Qualified applicants will receive consideration for employment without regard to the fact or perception of their race, color, national origin, ancestry, alienage or citizenship, religious creed or belief, physical or mental disability, medical condition, pregnancy, genetic information, marital/domestic partner status, sex, gender, gender identity, gender expression, age, sexual orientation, military and veteran status, or any other basis protected under federal, state or local law.

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Associate Analyst

Los Angeles, CA (Hybrid)

First Pacific Advisors (FPA) is a Los Angeles-based institutional money management firm practicing a disciplined approach to value investing, prudently seeking superior long-term returns while focusing on capital preservation. FPA manages approximately $24 billion across multiple strategies and has about 82 employees.

Position Description:

We seek a generalist Associate Research Analyst to join our Contrarian Value group focused on a value-oriented, contrarian, and long-term horizon investment strategy. The position will support the investment process through 1) short-term project work focused on fundamental bottom-up research analysis across capital structure, geographies, sectors, and market caps; and 2) helping the team monitor existing investments by flagging essential news and research. Candidates will be expected to fill the position for two years and will learn the foundational skills required to become an equity analyst in the asset management industry. The successful research analyst will be well rounded, a quick study, respond well to constructive feedback, self-starting, numerate, with strong critical reasoning and intellectual curiosity to support and validate investment theses by conducting due diligence and collecting pertinent information.  

Position Requirements: 

Bachelor’s degree and 0-2 years experience in accounting, investment banking, investment management, or consulting industries. Passage of at least the Level 1 CFA exam and understanding and experience in accounting, including income statements, balance sheets, and financial statement analysis, are highly preferred.  

Candidates must include a resume, cover letter, and two writing samples for consideration.  Submissions and inquiries should be sent to and include “FPAHWK Associate Analyst” in the subject line. Please note that we will ask candidates to complete writing skills, accounting knowledge, and critical reasoning tests as part of the screening process.

This position will work on a hybrid model based in Los Angeles (preferred), however, full remote work in another geographic location may be considered on a case-by-case basis. 

Base salary range:  $100,000-125,000 + bonus potential and comprehensive benefits package.  Base salary will be determined by applicant’s skills, experience, geographic location, and pay equity considerations.

FPA is an Equal Opportunity Employer.