2027 Asset Management / Research Summer Internship

DAVENPORT & CO LLC; Richmond (VA); On-site; USD 34,095 - 48,560; Full time

Benefits offered by this job

Schedule flexibility

Summer internship program

Job summary

Davenport & Company LLC, headquartered in Richmond, Virginia, offers a paid Summer Internship Program for 2027 at our Richmond, VA headquarters. The internship focuses on investment research and will support the Asset Management and Equity Research departments with financial modeling, report writing, and fundamental analysis.

Interns will gain exposure to both departments, with competitive salary and flexible scheduling.

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.

Responsibilities

• Support senior analysts with financial modeling, report writing, and fundamental analysis.
• Gain exposure to Asset Management and Equity Research during the internship.

Skills

Strong analytical skills

Investment research interest

Excel proficiency

Education

Finance or Economics background

Rising college Junior or Senior

Tools

Excel

Job description

Davenport & Company is one of the oldest employee-owned financial firms in the United States, which has thrived on a spirit of continuous improvement since 1863. Over the years Davenport has continuously attracted talented professionals of integrity with a wide range of experience and expertise who serve a broad base of individuals and families as well as municipalities, foundations, and institutions.

We are proud to foster a culture that has led us to be recognized as a best place to work year after year, and we’re always seeking competent, energetic individuals who share our passion for providing a high level of service that enhances the well‑being of our clients, communities, and colleagues.

Davenport & Company LLC is an Equal Opportunity Employer

The Virginia Values Veterans (V3) Program is an official Commonwealth of Virginia, Department of Veterans Services Program. (c) 2014.

Open Positions

Location: Richmond, VA

Job Id:398

# of Openings:1

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

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 othercategory protected by federal, state and/or local laws.

Our commitment to you is a meaningful partnership and thoughtfully crafted benefits package, some of the highlights which include:

Financial Future and Stability

• Our motto of Building Wealth Together not only applies to our clients, but also to our associates. Our retirement plan provides annual contributions of as much as 10% of eligible wages, without you contributing a penny.
• Free financial advice, with low or waived Advisor fees for personal accounts
• As an employee‑owned firm, opportunity for equity ownership at certain levels
• An on‑site Health Center for employees and household members, with free or minimal‑cost services
• Choice in healthcare coverage with company HSA contributions
• Telehealth services for medical and mental health

Well-Being and Work/Life Integration

• Generous paid time off policy with no waiting period to use time
• Free Employee Assistance Program and other support services
• Disability and life insurance; maternity and paternity leave
• Schedule flexibility and early close every Friday
• Relaxed business dress code with business casual Fridays

Community and Corporate Responsibility

• Opportunities for involvement in volunteer efforts and giving back to the community through Davenport Shares.

Davenport is committed to developing a workplace that includes associates of diverse backgrounds in order to utilize their experiences and talents to achieve our business goals. Davenport believes that an environment rich in associates with varying experiences and backgrounds enhances the performance of our organization.

Davenport shows its commitment to a diverse workplace by:

We foster an inclusive workplace culture without regard to race, color, religion, sex, age, national origin, disability, sexual orientation, gender identity, marital status, veteran’s status, pregnancy or childbirth related medical conditions, or any other non‑merit fact.

We treat all applicants and employee associates equally which begins with recruitment and selection, and applies to compensation and benefits, professional development and training, transfers, social and volunteer programs and events, layoffs, and terminations.

Being an Industry Advocate

Davenport is a member of SIFMA’s Diversity & Inclusion Advisory Council, as well as a participant in the SIFMA Invest! program, which connects students at historically black colleges and universities and minority‑serving institutions to career opportunities across capital markets.

Growing … TOGETHER

Teaching the Next Generation

Davenport is a founding job‑partner for the Cristo Rey Richmond High School by providing industry exposure, tuition and work experience to high school students from underserved communities. We are also an active partner to Junior Achievement of Central Virginia (JA) and support the educational programs offered through this organization.

Our paid Summer Internship Program offers opportunities for diverse students to gain work experience and exposure to our industry as a consideration for future careers.

As an employee owned firm, Davenport & Company and our more than 400 associates have been giving back to the communities in which we live and work over the course of our 160+ year history. Through our community outreach program, Davenport Shares , we areproud to support local charitable 501(c)3 organizations that provide life‑enhancing services in our neighborhoods through volunteer time.

Firm Recognition

For several years, we have been honored to receive recognition for our commitment to clients and our colleagues by several publications throughout Virginia and North Carolina: