Sr Portfolio Manager- HNW

Fiduciary Trust Company International has been a trusted investment manager for individuals, families and foundations for more than 80 years. With world-class capabilities in investment management, trust and estate services, and custody services, we have the expertise to meet the requirements of the most sophisticated clients and their advisors, and can help assure that their families’ needs will be met long into future generations.  

In 2001, Fiduciary Trust joined forces with Franklin Resources, Inc., a global investment management company operating as Franklin Templeton Investments. At Franklin Templeton Investments, we are dedicated to delivering strong results and exceptional service to clients, team members and business partners. Over 9,000 employees working in 60 offices around the world are dedicated to servicing investment solutions for our clients in more than 150 countries. For over 65 years, our success has been a direct result of the talent, skills and persistence of our people, and we are looking for qualified candidates to join our team.

What is the Sr Portfolio Manager responsible for?

The Senior Portfolio Manager- High Net Worth Investment Management, is responsible for the delivery of the firm’s full scope of investment services across a diverse ultra high net worth client base. This role is multi-faceted with a primary focus of providing investment advice, investment management and client servicing. The senior portfolio manager is responsible for the development and implementation of the client’s overall portfolio investment strategy, including client profiling, portfolio construction and implementation of the firm’s investment policy. The senior portfolio manager will work with clients to determine their financial goals and investment objectives. Investment mandates may range from global multi-asset class to single asset class strategies. The senior portfolio manager has the responsibility to understand, implement and monitor the firm’s investment policy and broad investment strategies, including asset allocation, recommended investment vehicles and individual securities to achieve stated client goals and objectives. The role requires a comprehensive understanding and monitoring of capital markets, global macro and policy dynamics and its implications for various asset classes including global equities, fixed Income and alternative strategies. The senior portfolio manager also evaluates all relevant investment research in order to build and rebalance portfolios within risk parameters and in an after-tax framework.

The position requires strong written and verbal communication skills.  In working with ultra high net worth clients, a solid understanding of tax, trust and estate planning knowledge is important.  In addition, the Senior Portfolio Manager will work with a team to provide additional services for clients, including financial planning, tax, trust and estate services to build and maintain client relationships for a diverse client base, including domestic and international individuals, families, and foundations.  The role also requires working with business development to strategize approach in acquiring new business.

What are the ongoing responsibilities of a Sr Portfolio Manager?

Investment Management

• Responsible for the development and implementation of broad investment strategy. This requires working with clients to develop client profiles and investment objectives. It also requires the monitoring of global macro events and assessing the implications on markets and client portfolios.

• Responsible for the assessment and analysis of portfolio returns and risk in client portfolios to rebalance as needed on an after-tax basis.

• Responsible for the determination of absolute and relative valuations of investment securities in client portfolios. Responsible for the integration of both global macro and market valuation into a well-defined investment view, rationale, strategy and portfolio construction applied across a diverse client base and communicated to clients.

• Manage assigned accounts according to specific client investment objectives and constraints including idea generation; the execution and the monitoring of the assets held in the portfolio to ensure maximization of portfolio performance; and through marketing efforts, make presentations to existing clients, prospective clients and referral sources. 
• Interface with the strategy teams and research groups to understand and implement the firm’s recommendations; monitor cash balances; review portfolio investment results; communicate strategy and results to clients

Client Servicing

• Responsible for articulation of our current economic and market views, outlook, portfolio positioning and construction.
• Responsible for effective management and oversight of a highly customized dedicated book of business.
• Create presentation material that provides information to clients for their understanding of the investment strategy and returns for their portfolios.  
• Responsible for ensuring that we are meeting the ever changing objectives and needs of our clients.

Business Development

• Responsible for the articulation of the firm’s overall capabilities, philosophy and approach generally, including asset allocation, equity, fixed income and manager selection processes. Work with business development to provide investment analysis and proposals to gain new business. Foster client additions by providing added value and building strong relationships.

What ideal qualifications, skills & experience would help someone be successful?

• Requires a bachelor's degree.

• CFA or MBA or equivalent highly preferred.

• Minimum of 10 years of high net worth or ultra high net worth portfolio management experience required.

• Minimum of 5 years of portfolio management.

• CFP or CPWA preferred

• Familiar with the ultra high net worth clients and their needs.

• Complete knowledge of the investment industry along with ability to analyze, interpret and present statistics in both written and oral presentations.

What makes Franklin Templeton Investments unique?

In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards—the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.

Highlights of our benefits include: 

• Three weeks paid time off the first year  
• Medical, dental and vision insurance  
• 401(k) Retirement Plan with 75% company match on your pre-tax and/or Roth contributions, up to the IRS limits 
• Employee Stock Investment Program  
• Tuition Assistance Program  
• Purchase of company funds with no sales charge  
• Onsite fitness center and recreation center  
• Onsite cafeteria  

We believe that being a good corporate citizen is good business. To us, corporate citizenship means being accountable, serving our clients, being an employer of choice, managing our environmental impact, and supporting our communities. An emphasis on corporate citizenship is embedded in our culture and values, and is an important element of how we achieve success.

We are also committed to your learning and development with resources focused around Experience, Exposure, and Education, to help you achieve your professional development goals. Take some time to, meet some of our people, and see what it means to say, “I AM Franklin Templeton”.

Franklin Templeton Investments is an Equal Opportunity Employer. We are committed to equal employment opportunity for all applicants and existing employees and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. We invite you to visit us at http://www.franklintempletoncareers.com/ to learn more about our company and our career opportunities.