Fall internships in I-banking (Washington D.C. Area)

I'm a senior graduating in December 2016 and I'm wondering if any of the major banks offer fall investment banking internships in the DC area. I have a solid resume and will be doing a summer internship but want to add one more solid internship before I graduate, ideally in investment banking or private equity. The challenge here is that the major banks (GS, JPM, MS) offer mostly PWM internships and I haven't heard of many fall internships. Is it worth aiming for the BB firms or should I focus on the boutique firms?

 

Banks in the DC area include: Houlihan Lokey (Aerospace, Defense & Gov, and Transportation & Logistics) Raymond James (Security, Defense & Gov) Baird (Real Estate) JP Morgan - Recently set up a middle-market shop, maybe a 3 or 4 person office Jefferies (4 person office) FBR & Co. (Not a lot of M&A, mostly 144a Boutiques: Signal Hill, Clearsight Advisors, McLean Group, KippsDeSanto, Outcome Capital, England & Co, Evergreen Advisors Capital, Focus, Seale & Co., Aronson Capital Partners, SC&H Capital, Chertoff Group,

 
ne1551_m:

Banks in the DC area include:
Houlihan Lokey (Aerospace, Defense & Gov, and Transportation & Logistics)
Raymond James (Security, Defense & Gov)
Baird (Real Estate)
JP Morgan - Recently set up a middle-market shop, maybe a 3 or 4 person office
Jefferies (4 person office)
FBR & Co. (Not a lot of M&A, mostly 144a
Boutiques: Signal Hill, Clearsight Advisors, McLean Group, KippsDeSanto, Outcome Capital, England & Co, Evergreen Advisors Capital, Focus, Seale & Co., Aronson Capital Partners, SC&H Capital, Chertoff Group,

Add BB&T (formerly Windsor) and Bluestone Capital Partners (A&D boutique).

 

Thanks for pointing that out. Someone recommended the firm to me when I was looking for a junior year internship in IB, but Taylor-DeJongh told me they "only accept interns with MA degrees."

 
Best Response

There's a huge office here for The McLean Group on the other side of the river. FBR is pretty big too. Generally it's all gov. services, aerospace, and defense. You may want to broaden your search beyond the District, it's a really small community especially if you're not interested in the aforementioned spaces.

On the PE/HF side of things I'd set your expectations at next to 0. There are only a handful of shops (I can only name 5-6), and they're all small and very selective.

This is just a dumpster of IB and IB related people registered with the FINRA in DC/VA BB&T SECURITIES, LLC BIA CAPITAL STRATEGIES, LLC Cary Street Partners LLC CHEVAL CAPITAL, INC. CLEARSIGHT CAPITAL ADVISORS, INC. COLLINGWOOD CAPITAL ADVISORS, LLC Compass Point RESEARCH & TRADING, LLC Davenport & COMPANY LLC Dominion Partners, L.C. ENGLAND SECURITIES, LLC ENVERRA CAPITAL LLC Ewing Bemiss & CO. FBR CAPITAL MARKETS & CO. FBV CAPITAL ADVISORS, INC. FTI CAPITAL ADVISORS, LLC HAMILTON CLARK SUSTAINABLE CAPITAL, INC. Harris Williams LLC HEIGHT SECURITIES, LLC KippsDeSanto & COMPANY MARRIOTT SECURITIES, LLC MATRIX PRIVATE EQUITIES, INC. MCLEAN SECURITIES, LLC MILLCO ADVISORS, LP NOVAHILL PARTNERS, LLC OLSEN PALMER LLC OUTCOME CAPITAL, LLC Scully Capital SECURITIES CORP. SEALE CAPITAL, INC. SMITHER & COMPANY CAPITAL MARKETS, LLC TCG SECURITIES, L.L.C. TRANSACT CAPITAL SECURITIES, LLC WACHTEL & CO., INC. WELLFORD CAPITAL MARKETS, LLC WOODVILLE HALL CAPITAL, LLC

I wear smoking slippers to work
 

@Middle Market PE

On point list. That is really about the full extent of IB in DC (expanding to MD brings a few shops here and there including Stifel). Also on point that PE in the region is really not that extensive outside just a few shops.

Authored by: Certified Corporate Development Professional - Director
 

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