Pandemic Doesn’t Slow Emerald Advisers’ Summer Interns

While many companies had to cancel their summer internships due to COVID-19, Emerald Advisers has been able to carry on their almost 30-year tradition of having a full group of summer interns

Emerald Advisers summer interns connect via videoconference (July, 2020) (Photo: Business Wire)

LANCASTER, Pa.--()--This summer, Emerald Advisers is proud to be hosting a group of nine students in the research and marketing departments. The students are working about 20 hours a week and are completing their internship 100% remotely.

Despite the challenges many companies have faced due to the COVID-19 pandemic, Emerald, a $4.6 billion investment firm with offices in Leola, King of Prussia and Pittsburgh, PA and Cleveland, OH, is thrilled to be able to offer these hard working students an opportunity to learn more about the money management industry. Emerald’s interns and their research team formally meet twice per week via videoconference and discuss projects and current market status, as well as getting a lesson from a different team member each week.

Joe Garner, Emerald’s Director of Research and Portfolio Manager, oversees the interns on a day-to-day basis, and has been quite impressed with the quality of work the interns have been producing and their ability to adapt to change. “The summer 2020 intern class has adapted to the challenges of working remotely and played an instrumental role in assisting Emerald’s research team with the daily execution of our 10-step research process. This includes channel checks, industry surveys, financial modeling, competitive analysis, and company background research. They will go down as one of our most successful and most memorable groups of interns.”

Helena Volpe has been enjoying a more relaxed working environment while still gaining industry knowledge and having access to the analysts. “I have been able to access every document and/or meeting smoothly. Working at Emerald has also given me skills and resources I can use in the future,” says the rising sophomore from Lehigh University.

When asked how the internship differed from what she expected, Allison Keck, a rising sophomore at Loyola University said, “Although I knew this internship would be remote, I still expected to learn a lot from the people at Emerald, even though I would only meet them through videoconference, rather than in the office. I was excited to work with the Client Services team and help out in any way I could, even if it was not in person.”

Caroline Coyne, a rising senior at The University of Pennsylvania, enjoys being able to interact with her peers during the bi-weekly videoconference calls. “I was afraid that working remotely would severely limit my ability to get to know more about my fellow interns and employees, but these calls have allowed me to have ‘face-to-face’ interactions with various individuals at Emerald.”

Tyler Wassell, a rising junior at Franklin & Marshall College, is joining Emerald for his second summer as an intern. Tyler was able to work at Emerald’s Headquarters in Leola, PA last summer, but has been enjoying the flexibility of working from home. “There are many pros to working remotely. I have been able to make my own hours and finish projects in a timely manner,” he said.

Emerald Asset Management PA, LLC is a diversified investment management holding company that operates through its subsidiaries Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Emerald Separate Account Management LLC, Emerald Direct Lending Advisers LLC and EmStone Advisers LLC. Managing client funds since 1992, assets managed by these companies totaled approximately $4.6 billion as of June 30, 2020. “Driven by Research,” Emerald employs an intense fundamental, research-focused investment philosophy and focuses primarily on growth and value oriented equity investing and income oriented investing. Emerald and its subsidiaries maintain offices in King of Prussia and Pittsburgh, Pennsylvania and Cleveland, Ohio. Its global headquarters is located in Leola, PA.

Emerald Asset Management PA, LLC
3175 Oregon Pike
Leola, PA 17540
717.556.8900
800.722.4123
www.TeamEmerald.com

Contacts

Joseph W. Garner
Emerald Advisers, LLC
717-556-8900

Release Summary

Many companies cancelled their summer internships due to COVID-19, but PA-based Emerald Advisers is successfully hosting its 2020 intern class.

Contacts

Joseph W. Garner
Emerald Advisers, LLC
717-556-8900