Senior Wealth Management Professional – CIO
Salem Partners Wealth Management ("SPWM") a Registered Investment Advisor, is seeking an experienced, dedicated Senior Wealth Management Professional/CIO to lead its investment platform. A dedicated professional who has a holistic and comprehensive wealth management approach and can support the needs of our high net worth individuals within a family office environment. SPWM was created and built by principals of Salem Partners LLC, an investment banking firm located in Los Angeles that focuses on middle market capital raising and M&A.
Candidate will be responsible for oversight of SPWM. Candidate will gather and analyze client information and propose a customized financial analysis and investment solutions to meet clients stated objectives and risk tolerance. Candidate will implement investment strategies utilizing external separate account managers to construct a portfolio. The candidate must also evaluate these external managers and perform due diligence on the products. Candidate will be responsible for the evaluation, design, and oversight of the client's total financial plan. Enhance client relationship through frequent communication re investment strategy and performance evaluation. Monitor portfolios to ensure they track within performance expectations. Meet with clients quarterly to discuss portfolio performance and to make sure financial plan remains in line with objectives. Ability to bring assets into the firm is valued, but not required, as clients will continue to be generated by Salem Partners investment banking activity.
Investment planning experience working with high net worth individuals. Strong client relationship skills required. Min 5-10 years of experience. The candidate needs to be very detailed oriented, analytical, be a strong communicator and have a broad market knowledge and a solid understanding of asset allocation, and be comfortable implementing the investment strategy.
Salem Partners Wealth Management ("SPWM") is a Registered Investment Advisor. The firm was founded in 2004 and is focused on Financial Planning for high net worth individuals. SPWM was created and built by principals of Salem Partners LLC, an investment banking firm located in Los Angeles that focuses on middle market capital raising and M&A.