Equity Research Associate, Healthcare

About the role

We are seeking a driven Equity Research Associate to join our award-winning team of sell-side equity researchers covering the healthcare sector, one of the most dynamic and high-impact areas in today's capital markets. This is a rare chance to work at the intersection of cutting-edge science and high-stakes finance, gaining direct exposure to groundbreaking oncology, rare-disease, and platform-technology innovation while building the analytical toolkit of a top-tier equity research professional. You will work shoulder-to-shoulder with some of the most respected minds in the industry, with a clear runway to grow your career, your network, and your impact on how institutional investors understand the future of medicine.

Wedbush Securities is one of the largest securities firms and investment banks in the nation, providing innovative financial solutions through our Wealth Management, Capital Markets, Futures, and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California, with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.

Why Join Wedbush

• Work directly alongside an award-winning sell-side research team with deep relationships across the healthcare landscape
• Gain unmatched exposure to cutting-edge science, from novel oncology mechanisms to rare-disease breakthroughs and next-generation therapeutic platforms
• Build a highly transferable, elite skill set in financial modeling, scientific due diligence, and institutional communication

Responsibilities

• Conduct regular scientific and market due diligence on covered companies, including channel checks on assigned names
• Interpret scientific publications and medical conference presentations to inform investment theses
• Conduct surveys with key medical opinion leaders to validate clinical and commercial assumptions
• Support coverage spanning oncology, rare-disease, and technology-platform companies and their therapeutic assets
• Build, update, and maintain detailed financial models and company databases
• Conduct regular financial and market due diligence on covered companies
• Collect and analyze industry data and develop proprietary sector databases
• Assist with the timely preparation and publication of research notes and reports
• Interact with corporate management and our internal sales force
• Provide general support to the broader equity research team, including company research, industry due diligence, and special projects as assigned
• Perform other tasks and duties as required and assigned

Requirements

• Advanced degree in life sciences (MD, PhD) preferred; Bachelor’s degree from an accredited university required
• Active FINRA Licenses including SIE, Series 86 & 87 preferred; will be required to obtain them within 120 days of start date if not currently active
• Superb quantitative and analytical skills
• Exceptionally strong verbal and written communication skills
• Ability to maintain a high degree of accuracy in a fast-paced, deadline-driven environment
• Ability to work independently and within a team, prioritizing daily workflow with little direction
• Advanced Excel skills essential; experience building financial models a plus
• Strong work ethic and a great attitude with an ability to perform duties under minimal supervision

Benefits

• Comprehensive medical, dental, and vision coverage with multiple health plan options
• Health Savings Account (HSA) with company-sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• Pre-Tax Commuter Benefits
• 401(k) Plan: competitive discretionary company matching and profit-sharing contributions
• Tuition reimbursement ($5,250 max per year)
• Paid Vacation, Sick Time, Holidays, Volunteer Time Off
• Paid Leave: Parental Bonding, Jury Duty, Military, Disability, etc.
• FINRA and Professional License Sponsorship
• Charitable Donation Matching Contributions
• Travel & Employee Assistance and Employee Discount Programs

Pay

A reasonable estimate of the current compensation range is $100,000-$150,000 depending on experience. Colleagues may be eligible for additional, discretionary incentive compensation based on the colleague's and the firm's performance.