Research Associate Intern

Job Description:
Summer 2025 Strategic Advisers Inc. (SAI) Fundamental Research Associate Internship
The Department
Strategic Advisers, LLC (Mutual fund analysis and asset allocation) is a registered investment advisor and wholly owned subsidiary of FMR LLC that provides investment management services to clients through Fidelity's retail and institutional distribution channels. For more than 25 years Strategic Advisers has specialized in the design, construction, and management of asset allocation solutions, as well as the methodologies for many of Fidelity's investment planning tools, to help investors reach their financial goals. With close to $824 billion in assets under management in a blend of Fidelity and third-party investment vehicles, the Strategic Advisers team of investment professionals' constructs and manages asset allocation portfolios for more than a million customer accounts.
The Role
The SAI Fundamental Research Associate Internship Program is a 10-week internship designed to recruit talented, hardworking undergraduates to develop investment management and research skills through training and direct work with Research Analysts and PMs. In addition to getting exposure to asset allocation and manager research, the internship will be composed of the following elements:
Rotations across asset class teams and hands-on research projects

• Exposure to the different asset classes through rotations with our Research Analyst teams in Fixed Income, US Equity, International Equity, and Alternative Investments (i.e., hedge funds).
• Interns will be asked to creatively evaluate investment managers, through analysis of a fund's team, track record, quantitative risk factors, portfolio characteristics, and underlying holdings.
• Opportunity to present analysis and recommendations to senior members of SAI's investment team
• Frequent opportunities to participate in meetings with best-in-class Fidelity and external investment managers
• Mentorship and networking opportunities with PMs, Research Analysts, and senior leaders

Education and Experience

• Class of 2026 Bachelor's degree candidates
• Interest in growing knowledge of fundamental research and investment management
• Shown initiative in studies and extracurricular activities related to financial markets
• Intellectual curiosity and dedication to continuous improvement
• Excellent verbal and written communication skills
• Proactive; seeks additional responsibilities and learning opportunities
• Proven success during academic career
• High levels of integrity
• Prior internship experience in corporate setting

Training

• Emphasis on hands-on training from Research Analysts directly related to intern projects
• Opportunity for training in conjunction with investment interns in Equity, High Income, Fixed Income, and Strategic Advisers investment divisions at Fidelity
• Mentorship from senior research analysts and associates
• Exposure to Portfolio Managers and investment thought leaders

Mentorship
Each intern will be assigned a Research Associate mentor and a Research Analyst mentor to work with throughout the program.
Conversion
Successful interns may receive an offer at the end of the summer internship to return as a full-time Research Associate post-graduation.
Location
Boston, MA
Intern Program Dates
June 2, 2025 - August 8, 2025
Application Deadline
March 22, 2024, at 11:59pm EST
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Certifications:
Category:
Investment Professionals