Investment Associate (Greater Philadelphia Area)

Fiduciary Trust International is a premier investment and wealth management firm with a commitment to growing and protecting wealth across generations. We offer a dynamic and collaborative approach to managing wealth for high-net-worth and ultra high-net-worth individuals and families, family offices, endowments, foundations, and institutions. Unlike other firms, our investment managers, tax and estate planning professionals work together to develop holistic strategies to optimize clients' portfolios while mitigating the impact of taxes on their wealth. As a fiduciary, the guidance we provide is always in the best interests of our clients, without conflict or competing benefits. We offer boutique customization and deep expertise in specialized investment, tax and planning strategies alongside sophisticated technology and custody platforms.

Fiduciary Trust International is owned by Franklin Templeton, a diversified firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you'll get exposed to different cultures, people, and business development happening around the world.

Position Summary:

Our Radnor, PA office, located in the suburbs of Philadelphia, is hiring an Investment Associate (IA) to join our office of 60 investment and trust professionals. The IA provides support to Portfolio Managers in all aspects of the investment process. Associates have responsibility to implement and execute our firm's investment policy and broad investment strategies, including asset allocation, recommended securities and other investment vehicles to achieve stated client goals and objectives.

The role is also expected to serve as training for junior investment professionals who are interested in developing a career in an asset management firm. Associates need to be independent, critical thinkers who are self-starters with the ability to work effectively within a fast-paced multi-disciplinary investment environment. To succeed in this position, Associates need to have the ability to multi-task and prioritize projects without compromising attention to detail or follow-through. Associates must be comfortable articulating investment policy views and analysis into actionable investment recommendations.

Key Responsibilities:

• Conduct regular account reviews with Portfolio Managers (PM's) and suggest appropriate actions to uphold asset allocation and portfolio construction views

• Provide research support for the equity strategy teams by monitoring and gathering specific fundamental research data on stock recommendations - This may include providing research meeting notes and coordinating meetings with external Analysts and/or company management

• Enter and execute trades while allocating the trades based on guidelines provided by the Portfolio Managers

• Provide portfolio data and analytics, and work with the Portfolio Managers to create presentations for client and prospect meetings

• Provide analytical performance reports while working closely with the Portfolio Managers to interpret the performance data

• Monitor portfolios for concentrated positions, discretionary status, and client directed holdings to mitigate portfolio risks

• Liaise with Performance department and Client Service Administrators to ensure portfolios are properly set up for performance measurement, including benchmarks and composites

• Manage small accounts following investment policy and mutual fund recommendations, or as guided by Portfolio Managers

• Provide cash flow analysis and wealth projections

• Assist in the creation and implementation of investment policy statement for new and existing clients

• Maintain awareness of client account activity (withdrawals, income sources, etc.)

• Provide administrative support as needed, which will include but not limited to processing cash disbursements, preparing presentation materials and other functions on an ad hoc basis.

Ideal Qualifications:

• Bachelor's degree, preferably majoring in Finance or Economics

• CFP designation (or working towards completion) a strong plus

• 2-5 years of relevant investment/asset management or financial services experience

• Experience in asset allocation, macroeconomics or high net worth asset management preferred

Knowledge, Skills and Abilities:

• Strong written, communication and interpersonal skills with the ability to work effectively with a wide variety of senior investment leaders and personalities

• Strong presentation skills with the ability to articulate investment policy views and current market conditions

• Ability to work collaboratively in a peer-to-peer and team environment

• Ability to communicate research findings and investment views through regular meetings, reports, emails and one-on-one direct exchanges

• Build and maintain strong relationships across all investment disciplines within the organization

• Ability to analyze quantitative and qualitative market relevant data from a variety of sources

• Proactive and creative individual that is able to analyze quantitative and qualitative market relevant data from a variety of sources

• Strong ability to multi-task and prioritize projects

• Excellent attention to detail and follow-through

• Strong technological knowledge and experience with tools necessary for research, implementation and reporting (e.g. Microsoft Office, FactSet, Bloomberg, Thomson Reuters Eikon, Morningstar Direct, etc.)

Compensation Range: we offer employees a competitive and valuable range of total rewards-monetary and non-monetary-designed to support the whole person and to recognize their time, talents, and results. Along with base compensation, other compensation is offered such as a discretionary bonus, 401k plan, health insurance, and other perks. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At FTI, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. We expect the salary for this position to range between $80K - $101K USD. Base pay offered may vary depending on job-related knowledge, skills and experience.

Learn more about our Firm here, The Story of Fiduciary Trust International.

Experience our welcoming culture and reach your professional and personal potential!

Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there's a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.

By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life's adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.

Learn more about the wide range of benefits we offer at Franklin Templeton

• Most benefits vary by location. Ask your recruiter about benefits in your country.

Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to 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.

Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation to search for or apply for one of our positions, please send an email to accommodations@franklintempleton.com. In your email, please include the accommodation you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.