{"id":649,"date":"2017-04-26T20:00:00","date_gmt":"2017-04-26T20:00:00","guid":{"rendered":"https:\/\/www.rbcwealthmanagement.com\/en-us\/community\/insights\/here-for-a-purpose-rbc-wealth-management-us-summer-interns-get-valuable-two-way-learning-experience\/"},"modified":"2024-06-17T11:45:46","modified_gmt":"2024-06-17T15:45:46","slug":"here-for-a-purpose-rbc-wealth-management-us-summer-interns-get-valuable-two-way-learning-experience","status":"publish","type":"rbcwm_community","link":"https:\/\/www.rbcwealthmanagement.com\/en-us\/community\/insights\/here-for-a-purpose-rbc-wealth-management-us-summer-interns-get-valuable-two-way-learning-experience","title":{"rendered":"Summer interns get valuable two-way learning experience"},"content":{"rendered":"\n<p>A few years ago, RBC Wealth Management-U.S. turned its internship program upside down by giving its college-aged interns at the firm\u2019s Minneapolis headquarters a unique opportunity: to work side-by-side with executives on the firm\u2019s business strategy.<\/p>\n\n\n\n<p>Called a \u201creverse internship,\u201d the RBC Wealth Management program is modeled after reverse mentoring, a two-way approach where older executives mentor, and get mentored by, younger employees.<\/p>\n\n\n\n<p>Under the \u201creverse\u201d approach, summer interns still hold regular day-to-day responsibilities under a direct manager, but are also divided into several \u201ccapstone\u201d groups, with each group given the task of devising a solution to a business challenge or opportunity. In past summers, topics included client acquisition strategy, communication strategy, intergenerational decision-making, financial literacy, attracting new financial advisors, remote work, and more.<\/p>\n\n\n\n<p>At the end of the summer, each group then makes a 20-minute presentation to firm executives detailing their recommendations.<\/p>\n\n\n\n<p>RBC Wealth Management-U.S. President Tom Sagissor has found the internship program to be an enlightening experience.<\/p>\n\n\n\n<p>\u201cToday\u2019s college students are technologically savvy, globally minded and resourceful,\u201d he says. \u201cOur summer interns bring a fresh perspective to important issues, and I can\u2019t wait to see how we can incorporate their creative ideas and recommendations into our business.\u201d<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-left\" id=\"h-meaningful-conversations\">Meaningful conversations<\/h4>\n\n\n\n<p>Throughout the summer, interns also have opportunities to provide advice to executives on a more personal level, such as during a meeting or a discussion over lunch. Some conversations may involve simpler topics, like internal policies, while more complex discussions look to larger industry trends, including the question of how robotics or artificial intelligence will influence business in the near future.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-content\/uploads\/sites\/7\/2021\/11\/summer-interns-volunteer-with-habitat-for-humanity-in-page.jpg\" alt=\"summer interns volunteer with habitat for humanity\" class=\"wp-image-1646\" width=\"778\" height=\"518\" srcset=\"https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-content\/uploads\/sites\/7\/2021\/11\/summer-interns-volunteer-with-habitat-for-humanity-in-page.jpg 778w, https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-content\/uploads\/sites\/7\/2021\/11\/summer-interns-volunteer-with-habitat-for-humanity-in-page.jpg?resize=300,200 300w, https:\/\/www.rbcwealthmanagement.com\/en-us\/wp-content\/uploads\/sites\/7\/2021\/11\/summer-interns-volunteer-with-habitat-for-humanity-in-page.jpg?resize=768,511 768w\" sizes=\"auto, (max-width: 778px) 100vw, 778px\" \/><\/figure>\n\n\n\n<p>Summer interns volunteer together with a local Habitat for Humanity chapter.<\/p>\n\n\n\n<p>The opportunity to have such meaningful conversations with firm executives has proven to be a valuable experience for past participants of the program.<\/p>\n\n\n\n<p>\u201cIt was incredible to be able to interact with executives,\u201d says Matthew Coopersmith, a 2018 RBC Wealth Management summer intern.<\/p>\n\n\n\n<p>\u201cThe people at the firm really made it seem like we were there for a purpose,\u201d adds Jack Manning, a fellow 2018 intern. \u201cI didn\u2019t expect to feel that valued going into the program.\u201d<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-left\" id=\"h-learning-about-business-and-more\">Learning about business, and more<\/h4>\n\n\n\n<p>Just as the firm learns from the interns\u2019 unique perspectives each summer, the interns learn about the business and industry, while building valuable job skills to help prepare them for their future careers. They also learn about the firm\u2019s purpose, and how RBC Wealth Management is committed to giving back to the communities where employees and clients live and work.<\/p>\n\n\n\n<p>To that end, the program includes volunteer opportunities such as working with a local Habitat for Humanity chapter to help build a new home for a family in need.<\/p>\n\n\n\n<p>Luisa Resendiz, who interned with RBC Wealth Management while studying at the University of Minnesota\u2019s Carlson School of Management, says it was meaningful to see what the firm stands for outside of an office setting.<\/p>\n\n\n\n<p>\u201cIt shows that RBC does the right thing, and that\u2019s valuable for people our age to see,\u201d she says. \u201cIt was great that RBC gave us those opportunities as part of the internship. It made the summer that much more of a valuable experience.\u201d<\/p>\n\n\n\n<p><em>Committed to a better future. Learn how RBC Wealth Management&nbsp;<\/em><span><em><a href=\"\/about\/community\/\">supports the communities<\/a><\/em><\/span><em>&nbsp;where we live and work.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At RBC Wealth Management, corporate interns get the opportunity to work side-by-side with executives and help the firm address specific business challenges.<\/p>\n","protected":false},"author":15,"featured_media":651,"template":"","meta":{"_acf_changed":false,"editor_notices":[],"rbc_url_alias":"","footnotes":""},"tags":[],"rbcwm_content_owner":[],"rbcwm_solution":[],"rbcwm_community_category":[539,20],"rbcwm_community_pillar":[14],"class_list":["post-649","rbcwm_community","type-rbcwm_community","status-publish","has-post-thumbnail","hentry","rbcwm_community_category-education-and-mentoring","rbcwm_community_category-youth","rbcwm_community_pillar-values-in-action"],"acf":{"rbcwm_subtitle":"","rbcwm_post_author":"","rbcwm_custom_breadcrumb_text":"","rbcwm_custom_breadcrumb_link_url":"","rbcwm_disclaimers":{"add_disclosures":"","perspective_disclaimer":"","expandable":"","omit_from_pages":[],"disclaimer_footnote":""},"rbcwm_insight_cta_id":[17719],"rbcwm_pagination":{"next_link":"","next_link_text":"Next article","previous_link":"","previous_link_text":"Previous article"},"rbcwm_video_duration":"","article_time":"","rbcwm_enable_toc":false,"rbcwm_toc_selector":"h2"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Summer interns get valuable two-way learning experience<\/title>\n<meta name=\"description\" content=\"At RBC Wealth Management, corporate interns get the opportunity to work side-by-side with executives and help the firm address specific business challenges.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rbcwealthmanagement.com\/en-us\/community\/insights\/here-for-a-purpose-rbc-wealth-management-us-summer-interns-get-valuable-two-way-learning-experience\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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