Private Wealth Management Portfolio Management Associate

POSITION SUMMARY

The Portfolio Management (PM) Associate is an integral member of a Wealth Management team who assists Financial Advisors / Private Wealth Advisors with developing financial plans and investment strategies based on client goals. The Portfolio Management Associate creates a consistent and positive client experience to help ensure all commitments are completed and delivered in a timely manner. This role requires an in-depth understanding of market conditions, trends and overall economic outlook in order to provide both client and portfolio management support to the team.

DUTIES and RESPONSIBILITIES

Portfolio Management & Business Development:

• Makes asset allocation recommendations to the group and sets up the portfolio in conjunction with the Financial Advisor / Private Wealth Advisor

• Proactively evaluates and upgrades platforms for the Portfolio Management Group; implements decisions by using the LYDIA trading platform

• Determines scope of and performs necessary database and internet research, screenings, and produces monthly or quarterly reports using proprietary software

• Critically examines current holdings to evaluate if portfolio action is warranted

• Attends research meetings

Client Support

• Regularly meets with clients to discuss investment strategy options and perform market reviews with or on behalf of the Financial Advisor / Private Wealth Advisor

• Manages clients' estate, trust, retirement, and insurance objectives with the Financial Advisor / Private Wealth Advisor

• Screens new client prospects that are developed through leads and referrals to determine suitability for addition to group

• Develops marketing and seminar material and helps distribute targeted presentations to clients on behalf of the Financial Advisor / Private Wealth Advisor

EDUCATION, EXPERIENCE, KNOWLEDGE, and SKILLS

Education and/or Experience

• 2+ years of experience in a field relevant to the position required

• Four-year college degree or professional certification preferred

• Active Series 7 (GS) and Series 66 (AG/RA) or Series 63 (AG) and Series 65 (RA)

• Additional product licenses may be required

Knowledge/Skills

• Enjoys working with people and solving problems

• Effective written and verbal communication skills

• Proficient in applicable software applications

• Knowledge of financial industry and investment products preferred

• Successful completion of Portfolio Management Coursework or holds the CFA designation

• Strong understanding of applicable compliance rules, regulations and firm policies

• Detail-oriented with superior organizational skills and ability to prioritize tasks

• Able to work independently and effectively on a team

• Ability and interest in working in a fast-paced, evolving environment

Reports to

Business Service Officer

Morgan Stanley

EOE committed to diversifying its workforce.

M/F/D/V