Investment Banking Summer Analyst Program

Wells Fargo Securities Summer Analyst Internship

Everything you need to know about the Wells Fargo Securities summer analyst program, including compensation, conversion rates, recruiting timeline, and application tips.

Last updated April 2026 · By the Superday AI editorial team

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Weekly Pay

$2,115/week

Duration

10 weeks

Conversion Rate

~72-82%

Overview

Wells Fargo Securities runs a 10-week Investment Banking Summer Analyst Program paying $2,115 per week, with roughly 72-82% of interns converting to full-time offers.

Key facts

  • Wells Fargo's Investment Banking Summer Analyst Program runs 10 weeks, from June to August.
  • Interns are paid $2,115 per week, roughly $110,000 annualized, plus a $6,500 housing stipend.
  • Wells Fargo offers up to $2,000 for domestic relocation, but housing is not provided directly.
  • About 72-82% of Wells Fargo summer interns convert to full-time offers.
  • Return offer decisions are delivered in the final week of the internship.

Compensation

The program pays $2,115 per week, which works out to roughly $110,000 annualized. Interns also receive a $6,500 housing stipend, and the firm offers up to $2,000 for domestic relocation. Housing itself is not provided directly.

Conversion And Return Offers

Wells Fargo uses the summer program as a primary pipeline for full-time analyst hiring, and about 72-82% of interns convert to full-time offers. Return offer decisions are delivered in the final week of the internship.

The Experience

Interns go through orientation and training before being placed into specific industry groups, where they contribute to live deal work including pitch books, financial modeling, and client presentations. Each intern is assigned a formal mentor and a buddy, and the mentorship program is well-organized. The cohort is large enough for social events, networking sessions, and community service activities, while group-level placements ensure genuine interaction with senior bankers. The platform breadth lets interns work alongside colleagues across capital markets, leveraged finance, equity research, and commercial banking.

Culture And Offices

The internship culture is professional and supportive, with less of the cutthroat competitiveness found in some Wall Street summer programs. The Charlotte and New York offices each offer distinct experiences. Interns benefit from the firm's ongoing investment in building out its banking franchise.

Internship Compensation

Weekly Pay

$2,115

Annualized Salary

$110,000

Housing Stipend

$6,500

Relocation

Up to $2,000 for domestic relocation

Meals: Dinner expense coverage when working past 7pm

Transport: Car service after 9pm

Recruiting Timeline

1

Applications Open

March-June of sophomore year

2

HireVue Deadline

June-August of sophomore year

3

First Round Interviews

June-September of sophomore year

4

Superdays

August-November of sophomore year

5

Offers Extended

September-December of sophomore year

Application Tips

  • Research Wells Fargo's commercial banking integration and client-centric model
  • Demonstrate understanding of the bank's focus on middle market and corporate clients
  • Prepare for questions about relationship banking and cross-selling dynamics
  • Highlight interest in sustainable, long-term career development

What to Expect

Wells Fargo Securities' summer program provides exposure to investment banking within a top-10-by-M&A-volume bulge bracket franchise that has aggressively built its capabilities under Co-CEO Fernando Rivas (hired from JPMorgan in May 2024) and absorbed 125+ MD hires across coverage and product groups. Interns work on M&A advisory, leveraged finance, capital markets, and sponsor coverage transactions, with access to the firm's commercial banking client relationships and its expanded advisory franchise. The program emphasizes professional development, risk management, and sustainable banking practices. Class sizes are moderate (30-50 interns in investment banking), with structured training and mentorship. The culture now reflects the firm's ambition to compete for mandates that previously went to JPM, BofA, and Citi. Interns gain exposure to a mix of bulge-bracket transactions and the firm's distinctive leveraged-finance franchise. Conversion rates are solid, with the platform offering stability and resources of one of the largest US financial institutions.

Intern Perks

  • Exposure to commercial banking integration
  • Middle market and corporate client focus
  • Full product suite training
  • Mentorship program
  • Large bank resources and stability

Frequently Asked Questions

How much do Wells Fargo Securities summer analysts make?

Wells Fargo Securities summer analysts earn $2,115 per week, which annualizes to approximately $110,000. The program typically runs for 10 weeks.

What is the Wells Fargo Securities intern conversion rate?

The conversion rate for Wells Fargo Securities summer analysts to full-time offers is approximately ~72-82%. Final week of internship.

When should I apply to Wells Fargo Securities?

Applications for the Wells Fargo Securities Investment Banking Summer Analyst Program typically open March-June of sophomore year. First round interviews are held June-September of sophomore year, with Superdays August-November of sophomore year.

Sources

  1. Wells Fargo - Campus & Early Careers. Wells Fargo (accessed 2026-05-14)
  2. Internship & Co-op Survey. National Association of Colleges and Employers (NACE) (accessed 2026-05-14)

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