Two student participants in the annual D.A. Davidson Student Investment Program will be selected for internships with the company.
Each year, D.A. Davidson gives $50,000 to universities in the Rocky Mountain and Northwest regions for teams of students to invest. Any earnings above five percent can be used by the schools, and any losses are absorbed by the company.
A new twist, however, is that two of the competing students will be selected for a 12-week internship, which comes with a $2,500 investment account and the chance to receive a Series 7 license. The interns are selected by nominations from the teams and interviews with top executives of the company.
Last year, 18 schools competed, including Brigham Young University, the University of Utah, and Utah State University. BYU finished second in the competition, with a portfolio that gained 29 percent.