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Asset Management Summer Internship Jobs (NOW HIRING)

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Asset Management Summer Internship information

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How much do asset management summer internship jobs pay per hour?

As of Aug 18, 2026, the average hourly pay for asset management summer internship in the United States is $20.32, according to ZipRecruiter salary data. Most workers in this role earn between $16.11 and $25.48 per hour, depending on experience, location, and employer.

What is an asset management summer internship?

An Asset Management Summer Internship is a temporary, typically 8-10 week program designed for students interested in financial markets and investments. Interns gain hands-on experience by working with professional asset managers, learning about portfolio construction, market analysis, and client relationship management. The program often includes training sessions, networking opportunities, and real-world projects, providing insight into the industry and helping students decide if a career in asset management is right for them.

What types of projects or tasks can I expect to work on during an asset management summer internship?

As an Asset Management Summer Intern, you can expect to be involved in a variety of projects that support portfolio management teams and research analysts. Typical responsibilities include conducting market research, analyzing financial statements, assisting with investment presentations, and tracking performance metrics. You'll likely collaborate with team members on client reports and gain exposure to different asset classes and investment strategies. This hands-on experience provides valuable insight into how asset management firms operate and helps build foundational skills for a career in finance.

What are the key skills and qualifications needed to thrive as an asset management summer intern, and why are they important?

To thrive as an Asset Management Summer Intern, you need strong analytical skills, foundational finance or economics knowledge, and enrollment in or recent graduation from a relevant degree program. Familiarity with financial modeling tools, Bloomberg Terminal, Microsoft Excel, and sometimes CFA Level I candidacy are advantageous. Strong communication, teamwork, and attention to detail are soft skills that help interns excel in high-pressure, client-focused environments. These abilities are crucial for effectively supporting investment research, handling complex data, and contributing to successful portfolio management.

What is the difference between Asset Management Summer Internship vs Asset Management Analyst?

AspectAsset Management Summer InternshipAsset Management Analyst
CredentialsTypically enrolled in undergraduate or graduate programs, no certification requiredOften requires a bachelor's degree, certifications like CFA are advantageous
Work EnvironmentTemporary, internship-focused, often in office settingsFull-time, professional role with ongoing responsibilities
Employer & Industry UsageUsed by asset management firms for recruiting and training internsFull-time position for entry-level analysts in asset management firms

The Asset Management Summer Internship provides students with a short-term, hands-on experience in asset management, focusing on learning and exposure. In contrast, the Asset Management Analyst role is a full-time position involving ongoing responsibilities in managing investment portfolios. Internships serve as a stepping stone toward analyst roles, which require more advanced skills and experience.

More about Asset Management Summer Internship jobs

What cities are hiring for Asset Management Summer Internship jobs?

Cities with the most Asset Management Summer Internship job openings:

What are the most commonly searched types of Asset Management Summer jobs?

The most popular types of Asset Management Summer jobs are:

What states have the most Asset Management Summer Internship jobs?

States with the most job openings for Asset Management Summer Internship jobs include:

Infographic showing various Asset Management Summer Internship job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $42,263 per year, or $20.3 per hour.

2027 Asset Management / Research Summer Internship

Davenport & Company LLC

Richmond, VA โ€ข On-site

$30/hr

Full-time, Temporary, Internship

Posted 28 days ago


Job description

ASSET MANAGEMENT / RESEARCH SUMMER INTERNSHIP
Location: Richmond, VA
Rate of Pay: $30/hour
Company Overview:
Headquartered in Richmond, Virginia, Davenport & Company LLC has 25 locations in Virginia, North Carolina, Georgia and Maryland. The firm is 100 percent employee owned and has more than 500 associates, including 200 Financial Advisors. Davenport offers a wide range of investment services for individuals, corporations, institutions, and municipalities including comprehensive stock and bond brokerage, investment management, research, financial planning, insurance, public finance, and corporate finance services. Davenport & Company is an active member of the New York Stock Exchange; Financial Industry Regulatory Authority; Securities Industry and Financial Markets Association; Securities Investor Protection Corporation; and Bond Dealers of America.
Job Description:
Davenport Asset Management and Davenport Equity Research are hiring two summer interns for 2027 at our Richmond, Virginia headquarters. Davenport Asset Management manages over $10 billion in assets across several proprietary equity, fixed income, and asset allocation strategies. Davenport Equity Research provides fundamental analysis on hundreds of individual stocks and serves as a valuable resource to our 200+ financial advisors.
The internship will concentrate on investment research and candidate will have exposure to both the Asset Management and Equity Research departments. Candidates will support senior analysts with financial modeling, report writing, and fundamental analysis. Competitive salary and schedule flexibility are available.
Qualifications:
  • Must be a rising college Junior or Senior
  • Interest in investment research and management
  • Strong analytical skills
  • Background in Finance or Economics
  • Proficient in Excel with superior writing skills

Application Deadline:
Friday, October 2, 2026
Application Instructions:
Submit your Resume, Cover Letter, and Transcript by applying at: investdavenport.com/careers
Candidates must satisfactorily complete a series of background checks.
Davenport is an Equal Opportunity Employer
Davenport & Company LLC provides equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws.