The job title is misleading as it makes you believe that you will work with a broker dealer and learn the in's and out's of the industry. The job page categorizes it as administrative/clerical. That said, the job title should be in the lines of sales desk support assistant, etc.
HR got back to me pretty quickly after I applied online, probably around 2 weeks, but it was fairly quick in comparison to the apps I did with them months ago. There's no phone interview; HR just wants to set up the interview w/the hiring manager.
During the interview, the hiring manager brings you into a conference room. For me, that 1on1 time definitely told me this wasn't the job I was looking for. The HM was nice, but she was trying too hard to sugarcoat the internship. The HM says that the intern will be involved in "general activities" and do whatever needs to be done at the moment, and will be hands on everywhere--what she actually means is that this is your typical internship where you can pretty much expect to make copies etc. and be their slave. You will work in your station and learn their program that takes in statements from their sales group. If you expect to them to sponsor you for your licenses or any other training to become a broker, you can forget it. This is a computer job that has NOTHING to do with the financial services. You can be expected to prepare materials for their meetings and just be a support type of person. And when I say sugarcoat, take this for example: she said, if I wanted to, I can sit in their meetings, listen to their phone calls. If you want to learn that way, then go for it.
You spend about 10 minutes with the HM then she asks another manager to talk to you. This was another major indication that this wasn't the job the job title entails. My guess is the guy is not proficient with conducting interviews as he remained quiet many times and promoted those "awkward" silences. He didn't provide anything new other than his life story with the company. If you want to gain experience because of the attractive job title, go for it. But if you really want to learn how financial services work, become a broker dealer, and learn how they function, this is not for you. You're better off doing a financial representative job.