Equity Research Analyst - U.S. Small & Mid-Cap Quality Strategy, KAR

About the position Kayne Anderson Rudnick Investment Management is a Los Angeles–based registered investment adviser managing approximately $60 billion in assets. We employ a high‑quality, low‑turnover, long‑term investment philosophy focused on companies with durable competitive advantages. We are seeking an Equity Research Analyst to join our investment team with a dedicated focus on domestic small- and mid‑capitalization equities. This individual will play a meaningful role in generating original research, shaping portfolio decisions, and contributing to the success of our high-quality-focused equity strategies. The Equity Research Analyst will perform deep fundamental research on small- and mid‑capitalization companies, evaluate business quality and sustainability of competitive advantages, and communicate well‑supported investment findings to Portfolio Managers. The ideal candidate brings a passion for investing, strong financial analysis skills, buy‑side experience, intellectual curiosity, and a mental framework aligned with our quality-first philosophy. Responsibilities • Conduct deep bottom‑up fundamental research on U.S. small- and mid‑capitalization companies across assigned sectors • Source prospective investments and maintain ongoing research on current holdings. • Evaluate various business models within an industry and compare and contrast their relative strengths and weaknesses; identify competitive advantages. • Develop knowledge of industry structure, competitive trends, risks, and long‑term drivers. • Analyze and interpret financial statements and appraise valuation. • Relate qualitative business attributes with financial business character. • Prepare written research reports, investment memos, and recommendation summaries. • Present research findings to Portfolio Managers with clarity and well‑supported analysis. • Engage in portfolio review discussions and provide ongoing monitoring of portfolio holdings. • Establish and maintain relationships with company contacts, industry experts, and other relevant research sources. • Visit companies, attend conferences and industry events to deepen understanding of coverage areas. • Work closely with Portfolio Managers and fellow analysts in a collaborative, idea‑driven environment. • Uphold the firm’s research process and contribute to the shared learning of the investment group. • Support special projects and analyses as requested by the Head of Research or Portfolio Managers. Requirements • Preferably 3+ years of buy‑side equity research experience, ideally covering small- or mid-capitalization companies. • Strong accounting and financial analysis skills. • Ability to synthesize large amounts of qualitative and quantitative information into key investment insights. • Skills in writing research reports and verbally articulating important investment considerations. • MBA and/or CFA designation (or progress toward CFA). • U.S. citizenship or lawful permanent residency (Green Card holder) as a condition of employment. Benefits • Competitive Pay • Medical, Dental, and Vision Insurance • Life and Disability Insurance • Health Savings Account with a Company Match • Flexible Spending Accounts including Dependent Care • Wellness Program • Tuition Reimbursement • 24-Hour Employee Assistance Program • Adoption Assistance • Paid Family Care Time • Paid Volunteer days • Gym onsite • Paid Parking • Fully stocked kitchen- lunch provided. Apply tot his job Apply To this Job