Wealthspire M&A Intern
About The Position
Wealthspire Advisors, founded in 1995, is a New York City-based, independent registered investment Advisory firm with more than 380 employees serving clients from 20+ offices. We are a newly independent wealth management firm, with approximately $500 million in revenue, recently carved out from a larger parent company and acquired by a leading private equity sponsor. With a strong commitment to a fiduciary business model, the firm believes in connecting all aspects of a client's financial life to deliver thoughtful, collaborative strategies that focus on what is most important to each client. Wealthspire Advisors acts as a wealth manager, investment Advisor, consultant, and constant partner in helping clients achieve their aspirations. For more information on Wealthspire Advisors, please visit www.wealthspire.com. Summary: Our 10-week Summer Intern Program is designed to provide students with a challenging and meaningful experience supporting the M&A team. The position involves day-to-day responsibilities and a variety of projects that will allow interns to enhance their industry knowledge. The role is in-person three days a week and remote two days per week.
Requirements
- Rising junior or senior preferred
- Pursuing an Undergraduate degree in related field
- Genuine interest in investment research or investment consulting and desire to learn more about the financial services industry
- Strong analytical skills with a keen attention to detail, organization skills and time management skills
- Ability to work independently and collaboratively in a collegial environment with excellent verbal and written communication skills
- Knowledge and experience with Microsoft Office products such as Word, PowerPoint and Excel
Responsibilities
- Gain an understanding of what attributes make prospects attractive for M&A, specifically in the RIA and business management industries
- Analyze CIMs / CIPs and summarize materials for the corporate development team
- Create initial analysis based on prospect financials and compare to Wealthspire benchmarks
- Participate in initial calls with prospective target companies
- Gain an understanding for the deal approval process
- Create analysis based on the financials, AUM, and pro forma for use in various deliverables
- Participating in the departmental diligence processes
- Assist in the creation of various presentations used throughout the diligence process
- Assist in the creation of deal evaluation materials
- Assist in the creation of the flow of funds
- Gain an understanding of the integration / monitoring process
- Participate in the integration kick off call immediately after close
- Assist in the creation of the opening balance sheet
- Participate in the ongoing monitoring of businesses after closing
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What This Job Offers
Career Level
Intern
