Equities Intern

Job overview

The Equities Intern role is onsite in Des Moines, IA or New York City, NY during summer 2027; compensation is $29 per hour in Des Moines or $40 per hour in New York City, plus a $4,000 internship stipend. Principal Asset Management's Global Equity team conducts research and develops investment recommendations. The intern contributes to the equity investment process through fundamental research, financial modeling, and investment idea development. Research projects, analyst discussions, and presentations provide exposure to company analysis and help inform investment decisions.

What you'll do

• Conduct fundamental research, corporate-access work, and financial modeling
• research stocks and present investment pitches
• support analysts in developing investment ideas
• complete projects identifying potential buy and sell candidates
• participate in analyst meetings, sector discussions, and investment forums
• engage with company management, industry experts, and sell-side research professionals.

What we're looking for

Skills & competencies

equities intern

summer 2027

equity research

investment analysis

financial modeling

stock research

investment recommendations

des moines ia

new york city ny

principal financial group

$29/hr des moines

$40/hr new york

$4,000 stipend

Work arrangement

• Weekend coverage required

Benefits & perks

• Paid company holidays and state-required time off
• $4,000 internship stipend with tax gross-up.

Why this role

Summer 2027 internship with onsite work in either Des Moines or New York City; applicants should be pursuing an undergraduate degree in a related field.

About the employer

Principal Financial Group is hiring for this role. Industry: Portfolio Management and Investment Advice. Sector: 52.