PWM Portfolio Management Associate

POSITION SUMMARY:
The Portfolio Management Associate works with a Portfolio Manager(s) with at least $100 million in PM assets or more than 150 PM accounts with PM assets greater than $50 million to carry out the job responsibilities outlined below.

DUTIES and RESPONSIBILITIES:

• Regularly meets with clients to discuss investment strategy options and perform market reviews with or on behalf of the Financial Advisor
  
• Manages clients' estate, trust, retirement and insurance objectives with the Financial Advisor
  
• Develops marketing and seminar material and helps distribute targeted presentations to clients on behalf of the Financial Advisor
  
• Screens new client prospects that are developed through leads and referrals to determine suitability for addition to group
  
• Makes asset allocation recommendations to the group and sets up the portfolio in conjunction with the Financial Advisor
  
• Critically examines current holdings to evaluate if portfolio action is warranted
  
• Proactively evaluates and upgrades platforms for the Portfolio Management Group and maintains all hardware; implements decisions by using the LYDIA trading platform
  
• Determines scope of and performs necessary database and internet research and screening and produces monthly or quarterly reports using proprietary software
  
• Attends research meetings
  
• Complies with all industry rules and regulations and Firm policies
  

Qualifications:

EDUCATION, EXPERIENCE, KNOWLEDGE, and SKILLS:
Education and/or Experience

• Minimum of 5 years of post-high school education and/or work experience in a field relevant to the position required
  
• Four-year college degree or professional certification preferred
  
• Active Series 7, 63 and 65 or Series 7 and 66
  
• Additional product licenses may be required
  

Knowledge/Skills

• Proficient in applicable software applications
  
• Financial industry and product knowledge
  
• Successful completion of Portfolio Management Coursework or holds the CFA designation.)
  
• Ability to interact and communicate effectively with colleagues and clients
  
• Excellent written and verbal communication skills
  

Reports To:

• Business Service Manager with potential dotted line to the Group Director