Summer interns find few advisory jobs

Jon P. Yankee, a partner at Fox Joss & Yankee LLC in Reston, Va., which manages about $200 million in assets, said he's hired two interns this summer and will keep its program going despite the down market.

“We've put a lot of energy into the whole hiring process and really developed a process for those we call "summer associates,'” he said.

Mr. Yankee said that the interns complete projects and prepare to be-come associate advisers.

“When we're looking to hire, former interns will have a leg up be-cause they'll know what we're like, and we'll know whether they fit into our culture,” he said.