Investment Associate

CM Wealth, a multi-family office in Cleveland Ohio, is seeking an Investment Associate to join our four-person investment team.

Founded in 1983 as a single-family office, CM Wealth has evolved into a multi-family office with approximately $1.8 billion assets under management. We serve ultra-high net worth families, foundations and endowments, offering a full suite of services with a boutique approach.  Our services include customized plans for wealth transfer, estate planning, investment strategy, tax prep, bill pay, financial education, and philanthropy.

We invest with a long-term, multi-generational outlook focused on the objective of earning above-average returns. We invest in managers, not individual securities. Additionally, we manage a robust private capital program for the benefit of our clients that invests in venture, buyout, growth, real estate, credit and other private funds as well as makes co-investments into those sectors.

The Investment Associate will primarily support investment team members in their duties of diligence, portfolio management, and investment operations across a wide range of asset classes, including private markets. This person will learn diligence and investment processes for sophisticated ultra-high net worth portfolios, while also working closely with CM’s investment operations / back-office and client service team members. We welcome applicants from all backgrounds to apply.

Duties and Responsibilities:

The following reflects management’s definition of essential functions for this job but does not restrict the tasks that may be assigned. Management may assign or reassign duties and responsibilities to this job at any time in response to changing business circumstances or for other reasons.

Participate in regular research, committee, and sub-committee meetings. Develop an understanding of our various investment managers and serve as an internal source regarding managers’ performance and attribution. Develop a deep working knowledge of Addepar, CM’s wealth management platform and investment reporting system, and other software programs. Prepare client portfolio review presentations and various investment reports. Proof, identify, and correct any type of issues in Addepar system. Assist in the preparation of quarterly portfolio and market reviews; evaluate existing fund managers; maintain manager exposure, analysis, and attribution reports; present findings to the investment team. ­­­­Assist in conducting due diligence on new and existing public investment managers, private funds, and direct co-investments. Assist other client teams with the investment reporting aspects of client relationship management.  Be a team player and participate in other projects as needed.  

Qualifications:

Candidates should have 1-3 years of professional experience, ideally within investments.  Recent college graduates are welcome to apply.  Strong Microsoft Office (Excel, Word, and PowerPoint) skills are required.  Strong analytical skills, detail-oriented, and good aptitude with software programs. Other characteristics: self-starter, inquisitive, attention-to-detail, integrity, articulate, personable, good writing skills, and a firm understanding of financial markets. A bachelor’s degree is required.  

Contact:

Paul Bodnar, CIO pbodnar@cmwealthadvisors.com