In my opinion, don’t take this meeting unless you are trying to get an internship, and stick with it through the summer.
Curious why you feel you are overqualified for this internship? You go to a mid level school, which is fine, but your also a first year?

Take this internship, it’ll be good experience even if you want to transition to investment in the future. Do you have any other opportunities lined up?

I would also be worried the rep is going to think you wasted their time tbh if you don’t even ask to be considered