Broker Check

Wealth Management Internship Program

MONECO Advisors, LLC is a holistic financial services firm based in Fairfield, CT offering a wide range of financial planning solutions. The firm takes a modern approach to the finance industry and its success is rooted in its strong culture. MONECO is looking for energetic individuals who will bring a fresh perspective and innovative touch to a traditional concept. Take the first step in joining our growing team today!

The Wealth Management Intern will have four major areas of responsibility:

  • Asset Management: Utilize Morningstar to actively engage in research to complete a quarterly investment committee meeting report, which analyzes the performance of current portfolios and assesses the viability of new holdings to be added to portfolios. Also, monitor investments throughout the semester to ensure they still meet our investment criteria.
  • Financial Communication: Develop actionable social media content to promote the firm’s brand and integrated marketing approach. Leverage digital media metrics to create actionable data for advisor use.
  • Financial Research: Use Morningstar Advisor Workstation, Orion Advisor, and Riskalyze to assist in maintaining asset allocations, model portfolio, and hypothetical portfolios for new and existing clients. Also, use Morningstar to actively engage in research to help advisors make portfolio decisions for clients.
  • Financial Planning Case Study: Utilize the above skills and softwares to complete a comprehensive financial planning case study with hypothetical clients. The project will demonstrate the complete planning process, starting with a ‘discovery meeting’ with mock clients, leading to the construction of a financial plan and the forming of recommendations, culminating in a presentation of the finished product to the ‘clients’ as well as a panel of executives.
  • Operations & Customer Relationship Management (CRM): Use the company’s client database and associated analytics to refine client service processes and maintain securities database.

This internship offers a unique learning experience in the world of personal financial planning and an opportunity to be creative on a day-to-day basis. Also, the intern will be instructed in the fundamentals of financial products and strategies including mutual funds, ETFs, annuities, life insurance, long-term care insurance, estate planning, and taxation. Additionally, the intern will participate in educational sessions to help further his or her future career endeavors. The internship is for credit, and there are sometimes paid part-time positions available upon completion of the program. Future employment is not guaranteed.

Qualifications

  • At least two years of College/University education with a minimum GPA of 3.0 (lower GPAs will be considered on a case-by-case basis).
  • Above average skill with Microsoft Office Suite (Word, PowerPoint, Excel, Outlook).
  • Experience with a CRM system is a plus.
  • Experience with financial research applications such as Morningstar or Bloomberg is a plus.
  • Excellent verbal and written communication skills required. Writing samples will be requested.
  • Team player who can work in a group, but also work independently on large tasks. Will be required to plan out course of action to finish creative projects on time.
  • An interest in the financial services and client services industries