About KBW Equity Research
In June of 1962, Harry Keefe, Jr., Gene Bruyette, and Norbert Woods founded Keefe, Bruyette & Woods (KBW) along with five other employees and $50,000 in capital. Together, the founders launched KBW with a vision of the future and a belief in personal accountability during a time when investors purchased bank stocks for the dividend yield alone. Few banks published balance sheets or earnings statements, and research was nearly nonexistent. With the addition of sales, trading, and research operations, the company has branched out since its founding and is now widely considered the leading expert on all financial sub-sectors.
Notable KBW industry rankings include:
Extel (II) 2025 All-America & Canada Equities Awards
- # 1 Midcap Banks Research Team
- # 1 Consumer Finance Research Team
- # 1 FIG Sales
- # 1 FIG Corporate Access & Events
- Runner Up Life Insurance Research Team
- Runner Up Non-Life (P&C) Research Team
- Runner Up Brokers, Asset Managers & Exchanges Research Team
Coalition Greenwich 2024 – U.S. & European Financials Results
- #1 Best U.S. SMID Research for Banks
- #1 Best U.S. SMID Research for Non-Bank Financials
- #1 Best U.S. Financials Sector Trading
What You’ll Be Doing
KBW’s Equity Research, Sales and Trading Internship is a nine-week summer program that provides an introduction to a full-service investment bank and broker-dealer that specializes in financial services. Our Equity Sales & Trading team has financial industry-specific expertise with access to research and capital markets transactions. Our award-winning Equity Research Division publishes in-depth analysis of financial sector companies. Our team of analysts covers more than 550 financial services companies worldwide.
What We’re Looking For
- As a KBW Intern, you will participate in a nine-week introduction to our equities business, with exposure to research, sales, and trading.
- You will learn essential skills working in the Financial Services industry while being supported and trained by highly regarded colleagues.
- On-the-job training provides direct access to senior professionals and builds analytic and practical skills.
- Get exposure to the entire Stifel platform through our speaker series and intern networking opportunities.
What You’ll Bring
- Exceptional capacity for problem solving, quick thinking, and possesses strong Microsoft Office skills.
- Driven, proactive, and team-orientated.
- Pursuing a business-related undergraduate degree and is knowledgeable about financial markets.
- Demonstrated track record of achievement in academics and extracurricular activities.
- Excellent verbal and written communication skills.
- Exposure to finance and accounting.
Please note: To be eligible, applicants must be authorized to work in the United States without requiring visa sponsorship now or in the future
Education & Experience
- Minimum GPA of 3.5
- An anticipated graduation date between December 2027 – May 2028
- Eligible to start on June 1, 2027
Systems & Technology
- Proficiency in Excel and PowerPoint.
Compensation Range
Salary: USD $25.00/Hr. – USD $25.00/Hr.
Actual salaries may vary, and may be based on several factors, including but not limited to each candidate’s qualifications, skills, and overall competencies for the position. The base salary is one component of Stifel’s overall compensation package for each individual employee. Other benefits and offerings include, but not limited to, discretionary bonuses, health / dental / vision / prescription insurance offerings, Stifel Total Health Connect, flexible spending accounts, tuition & certification assistance programs, paid time off, and much, much more! To view a more comprehensive list of Stifel’s current offerings, please visit https://www.stifel.com/careers/benefits. Applications are accepted until the position is filled.
About Stifel
In June of 1962, Harry Keefe, Jr., Gene Bruyette, and Norbert Woods founded Keefe, Bruyette & Woods (KBW) along with five other employees and $50,000 in capital. Together, the founders launched KBW with a vision of the future and a belief in personal accountability during a time when investors purchased bank stocks for the dividend yield alone. Few banks published balance sheets or earnings statements, and research was nearly nonexistent. With the addition of sales, trading, and research operations, and a clear focus on regional banks, the company has branched out since its founding. KBW is now widely considered the leading expert on all financial sub-sectors.
KBW, the Force Driving Financial Services Forward
- #1 Best U.S. SMID Research for Banks
- #1 Best U.S. SMID Research for Non-Bank Financials
- #1 Best U.S. Industry Trading for Financials
** 2024 Coalition Greenwich Survey Results**