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Investment Associate Jobs in Novi, MI (NOW HIRING)

Ilitch Charities, Inc.

Investment Specialist

Detroit, MI · On-site

$80 - $110/hr

Investment SpecialistSkip to main content# Ilitch CompaniesInvestment Specialist page is loaded## Investment SpecialistApplylocations: Detroit, MItime type: Full timeposted on: Posted 30+ Days Agojob ...

Ilitch Companies

Investment Specialist

Detroit, MI · On-site

The Investment Specialist will work closely with the other members of the Family Office's investment team, as well as Accounting, Finance, Tax and Family Services colleagues. The Investment ...

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All JobsInvestment Associate JobsInvestment Associate Jobs in Novi, MI

Investment Associate information

See Novi, MI salary details

$20.6K

$91.1K

$200.3K

How much do investment associate jobs pay per year?

As of Aug 25, 2026, the average yearly pay for investment associate in Novi, MI is $91,073.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $110,200.00 per year, depending on experience, location, and employer.

What is an investment associate?

Investment Associates are finance professionals who support investment decision-making at firms such as investment banks, private equity firms, or asset management companies. They analyze financial data, perform due diligence on potential investments, build financial models, and prepare reports for senior management or clients. Their work helps guide the investment strategies of their organizations, and they often interact with clients, portfolio managers, and senior analysts. Investment Associates typically have strong quantitative skills and may work long hours, especially during deal cycles.

What does an investment associate do?

An investment associate works with investment analysts to perform a wide range of duties necessary for managing the investments of corporations and municipalities. As an investment associate, your responsibilities are to review the financial data and potential investments of a company to strategize the best plan to increase profits. You may help a client with buying stock, perform risk analysis, review a client’s portfolio, compile and interpret financial data, and assist with corporate mergers. Due to the varied nature of a client’s needs, your responsibilities also vary depending on the account.

What are the key skills and qualifications needed to thrive as an investment associate, and why are they important?

To thrive as an Investment Associate, you need strong analytical skills, financial modeling abilities, and a degree in finance, economics, or a related field. Familiarity with financial analysis tools like Excel, Bloomberg, and often a CFA designation are typically expected. Excellent communication, attention to detail, and the ability to work collaboratively are key soft skills for this role. These competencies are important for accurately assessing investment opportunities, supporting decision-making, and building trusted client and team relationships.

What are some typical challenges faced by investment associates during due diligence processes?

Investment Associates often face the challenge of managing large volumes of data and tight timelines when conducting due diligence on potential investments. They must analyze financial statements, market trends, and operational risks, all while ensuring accuracy and thoroughness. Balancing multiple projects and liaising with internal teams, external consultants, and portfolio company management can also be demanding. Proactive communication and strong organizational skills are key to overcoming these challenges and delivering actionable recommendations to senior team members.

What is the difference between Investment Associate vs Financial Analyst?

AspectInvestment AssociateFinancial Analyst
Required CredentialsBachelor's degree, possibly CFA Level IBachelor's degree, CFA Level I often preferred
Work EnvironmentInvestment firms, asset management, private equityCorporations, banks, investment firms
Employer & Industry UsageCommon in asset management and private equityWidespread across finance sectors
Common Search & ComparisonYesYes

Investment Associates typically focus on supporting investment transactions, conducting due diligence, and preparing reports within investment firms. Financial Analysts analyze financial data, prepare reports, and support decision-making across various industries. While both roles require similar credentials and often work in related environments, Investment Associates are more involved in the investment process itself, whereas Financial Analysts focus on data analysis and reporting.

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Investment Associate jobs near you
Infographic showing various Investment Associate job openings in Novi, MI as of August 2026, with employment types broken down into 1% As Needed, 66% Full Time, 30% Part Time, 1% Temporary, and 2% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $91,073 per year, or $43.8 per hour.

Fund Formation - Investment Management Associate

5 Legal

Detroit, MI

Full-time

Re-posted 5 days ago

Job description

A Top 100 AmLaw firm seeks an associate to join their Transactions Practice Group.


JD years 2017-2021. Qualified candidates must have solid fund formation and investment management experience, including fund and management structuring, side letter negotiations, secondary sales, and Investment Advisers Act registration and compliance experience. The ideal candidate also will have sophisticated document drafting skill and the ability to manage complex projects and transactions. The candidate must be comfortable with direct interaction with both senior partners and clients and have a positive attitude, strong interpersonal skills, and an exceptional work ethic, coupled with a desire to be part of a fast-paced, growing and collaborative environment.


To be considered, a candidate must hold a JD from an ABA-approved law school and must be in good standing and an active member of the Bar of the state(s) where the candidate is admitted to practice. Timely admission to the Bar coinciding with the office of hire will be a condition of employment.