2025 Summer Associate - Private Institutional Clients (PIC) - Multiple Locations

Description

Raymond James Overview

One of the largest independent financial services firms in the country could be the place you build a career beyond your expectations.

Our focus is on providing trusted advice and tailored, sophisticated strategies for individuals and institutions. Raymond James Financial is a diversified holding company, headquartered in St. Petersburg, FL. Raymond James provides financial services to individuals, corporations and municipalities through its subsidiary companies engaged primarily in investment and financial planning, in addition to capital markets and asset management.

At Raymond James, we are putting the power of perspectives into action and building an inclusive and diverse workforce that reflects our commitment to associates, and clients of the future. Our company values associate development and growth, offering opportunities through developmental programs, mentorships, and continuing education options.

We strive to ensure everyone feels welcomed, valued, respected, and heard so that you can fully contribute your unique talents for the benefit of clients, your career, our firm, and our communities. Raymond James is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

Department Overview

The PIC Desk sits within Raymond James Global Wealth Solutions and provides sophisticated institutional clients access to an extensive range of private investment opportunities across asset classes such as venture capital, private equity, real estate, etc.

Job Summary

PIC is seeking a summer associate to support the desk's distribution, originations and operations functions. We are seeking a highly motivated, self-starter with a passion for the financial markets to join our team for a full-time summer internship.

Being a summer associate on the PIC Desk will give you hands-on experience, valuable networking opportunities, as well as the chance to learn from experts in the wealth management and financial services industries. Our summer associates are deeply involved in all aspects of PIC's business - from origination of investment opportunities through the distribution process, as well as internal operations. We value the contributions made by our summer associates to the team and work closely with them to identify areas for their further career development.

The summer associate position is a temporary role.

Start Date: Monday, June 2, 2025

End Date: Friday, August 8, 2025

Work Schedule: Monday through Friday, up to 40 hours per week.

Duties and Responsibilities

• Assist with special research projects

• Prepare reports and analysis used in management presentations and other reporting materials.

• Update private investments deal blotter to track all sales (present and historical)

• Assist in tracking revenues and generating invoices for any monies owed by sponsors or other parties

• Interacts daily on the phone and in person with financial advisors to facilitate the investment process, answer technical questions, or other questions about PIC.

• Prepare letters, forms, and spreadsheets to assist with servicing financial advisors and clients consummating transactions.

• Create and maintain records and files necessary for the operation of the business.

• Assists team members with marketing efforts including presentations, advisor/client launch emails, webinars, etc.

• Performs other duties and responsibilities as assigned.

Qualifications

Knowledge, Skills, and Abilities

Knowledge of -

• Investment concepts, practices and procedures used in the securities industry.

• Financial markets and products.

Skill in -

• MS Office suite of products, including Excel and Access

Ability to -

• Ability to work collaboratively with a team-oriented attitude

• Organize, manage, and track multiple detailed tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment.

• Handle stressful situations and provide a high level of service and responsiveness in a calm and professional manner.

• Work independently.

• Provide a high level of customer service.

Educational/ Previous Experience Requirements

• Sophomore standing (May 2027 graduates) pursuing a bachelor's degree in business, finance, or related field. 

• Any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/Certifications

• None required.

Location - Hybrid position - New York City, NY or St. Petersburg, FL

• Applicants must choose a location before submitting their application.

• No travel required.

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Job: Private Clients Solutions

Primary Location: US-FL-St. Petersburg-Saint Petersburg

Organization Private Client Group

Schedule Full-time

Job Shift Day Job

Req ID: 2403974