Equity Research Internships and Early-Career Development

Join our award-winning Equity Research team and start your career at a higher level, taking on heightened responsibilities and achieving greater visibility under the guidance of a senior industry analyst. Learn to value stocks, conduct industry and development investment theses based on your research.

Become an expert

Knowledge is power. Experience is an edge. Earn both in a career where drive and insight have a direct connection to success.

Early-career development

Startup team, communication and meeting of diversity group of people working on social media marketing strategy Startup team, communication and meeting of diversity group of people working on social media marketing strategy

Equity research associate program

Start your career in finance doing work that shapes institutional strategy and drives investment decisions – experience applicable throughout your career.
Search Equity Research Program positions alt
Happy mature businesswoman sitting amidst male and female colleague at office

Equity Research associates work alongside experienced colleagues to develop industry expertise that supports multiple lines of business at Raymond James.

Raise your career trajectory

As an associate in Equity Research, you'll be part of a small team, typically working one-on-one with a senior analyst. You'll deepen your industry knowledge and develop skills that are broadly applicable across the business environment including analysis, writing, financial modeling, public speaking and presenting. You'll also make connections with colleagues, executive leaders across Raymond James and C-suite executives at client firms.

The Equity Research Associate Program is a minimum two-year commitment with no cut-off date. New hires are assigned to an industry group based on a combination of geographic and industry preference, plus group needs.

Role and responsibilities

  • Develop an in-depth understanding of an industry and its companies.
  • Track company-specific news and alert analysts to important developments.
  • Track industry and macro-economic news that affect your assigned sector.
  • Create and maintain financial models and perform forecasts.
  • Develop an understanding of accounting and reporting issues.
  • Write timely reports on breaking news and detailed reports on new initiations of coverage.
  • Perform valuation analyses.
  • Represent the analyst by presenting in morning or afternoon sales meetings.
  • Communicate with institutional investors, and interact with other areas of equity capital markets.

Program requirements

  • Bachelor's degree in a business-related field.
  • Candidates with a 3.5 GPA or higher are preferred.
  • Candidates must be permanently eligible to work in the United States.

First-year performance requirements

  • Pass SIE exam within three months of hire.
  • Earn Series 86, Series 87 and possibly Series 63/66 licenses within first year of hire.
  • Complete a Research Associate Project. Write, analyze, establish a rating and present a research report entirely on your own.
Experience professionals meeting in glass boardroom

Raymond James Equity Research supports financial advisors and their clients, investors, institutional clients and internal decision-makers with their diligence and industry expertise.

Comprising over 70 fundamental research analysts covering more than 1,200 companies, Raymond James Equity Research is a top provider of equity research both in North America and globally in terms of companies covered, and in providing insightful, timely and comprehensive information.

Our analysts provide stock investment ideas through ratings and recommended lists, and also provide insights on public policy and institutional equity strategy. Our “go deep” approach focuses on select industries and results in coverage of large-, medium- and small-cap companies across those industries.

Brent Penter

Brent Penter Research Analyst, Equity Research Former Equity Research Associate and Intern

“I really valued that Equity Research gives associates the opportunity to think strategically, interact with investors and management teams, and take part every day in the dynamic stock market. Responsibility comes almost immediately and only grows over time.”

Equity Research internship

Smiling Professionals Engaged in a Lively Team Discussion in Bright Office Setting Smiling Professionals Engaged in a Lively Team Discussion in Bright Office Setting

Discover the opportunities of finance

Learn about the finance industry from one of the best seats in the market with a hands-on experience working alongside seasoned professionals driving the high-value decisions in support of our clients and their goals.
Apply to an Equity Research Internship alt
Two trader checking cryptocurrency information data on special graph

Equity Research interns learn from experienced analysts and see first-hand how research is transformed into action.

An up-close education

As an Equity Research intern, you’ll get a broad view of the market and the business of finance, taking part in the research that shapes investment strategy and seeing how research is collected, curated, analyzed and distilled as market commentary advice. You’ll also see how financial securities are bought and sold at institutional scale at the speed of the market.

High-performing interns may receive an offer to return to Raymond James after graduation as a full-time research associate.

Role and responsibilities

  • Gain exposure to all areas of equity capital markets including institutional equity sales and trading.
  • Perform project-based assignments working with various analysts across multiple sectors.
  • Track industry and macroeconomic news and assess the impact on specific stocks.
  • Assist in writing timely drafts of reports on breaking news.
  • Assist in maintaining financial models.
  • Work with research associates on preparing valuation analyses.
  • Attend daily sales meetings.

Requirements

  • Internships are intended for students in the summer between their junior and senior years, from early June through mid-August.
  • Resumes for the next year are collected and interviews are conducted from July to August.
  • Offers are extended from August to September.
  • Candidates with a 3.5 GPA or higher are preferred.
  • Candidates must be permanently eligible to work in the United States.

Raymond James Equity Research offices

Research offices in Atlanta, Chicago, Memphis, Nashville, New York

Raymond James Equity Research has offices and opportunities across the US.

Stay connected

Receive news on internship and early-career opportunities at Raymond James.

Join Our Student Talent Community

© 2026 Raymond James Financial, Inc. All rights reserved.


Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members.

Raymond James & Associates, Inc., member New York Stock Exchange / SIPC, and Raymond James Financial Services, Inc., member FINRA / SIPC, are subsidiaries of Raymond James Financial, Inc.

Raymond James® and Raymond James Financial® and power of personal® are registered trademarks of Raymond James Financial, Inc.

Raymond James & Associates Statement of Financial Condition – March 2026 (PDF)