This role has fiduciary responsibility for the investment management process for accounts managed by the Ameriprise National Trust Bank, including making recommendations to process enhancements. Work directly with advisors and their clients to develop investment strategies for new trusts and monitor the execution of activities to ensure they are fulfilled by the advisor. Manage trust assets and be responsible for maintaining positive client relationships, quality customer service, positive audit results, and client retention.
Work with advisors to develop Investment Policy statements and recommend investment strategies suitable to account objectives. Monitor account investment performance and review with advisor. Review legacy positions and recommend investment models, position concentration mitigation strategies, and the management of special assets (real estate, MOG, closely held business) with reference to clients' tax situations and recommend financial advisor's interaction with clients on findings. Help advisors to facilitate and coordinate investment activity with co-trustees. Respond to client inquiries regarding investments and conduct periodic investment reviews.
Act as fiduciary investment manager of portfolio of accounts including setting investment objectives, monitoring of investment objectives and performance, account investment reviews, and performing transactions as needed (distributions, rebalancing, etc.). Review and approve advisor recommended buy/sell transactions for assigned portfolios.
Actively participate in the Investment Sub-Committee. Participate in other projects (e.g., investment management topics, ILIT and insurance assets in trusts, proxy voting, corporate actions, etc).
Contribute to the investment side of the sales process for personal trust; review and analyze portfolios, propose change, and monitor account establishment and funding of trusts.
Review asset statements, trust agreements and other supporting documentation to gain understanding of case; coach advisors through the portfolio implementation process; review all necessary supporting materials that are provided by advisor to prepare file for account acceptance.
Bachelors degree or equivalent experience.
5+ years' investment management experience.
Good written and oral communication skills.
Effective presentation skills.
Strong organizational skills and attention to detail.
Experience in trust investment management.
Good analytical and problem solving skills.
About Our Company
With the right company, life can be brilliant. At Ameriprise, we're not just in the business of managing our clients' finances we also help our advisors and employees reach their true potential, too. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work. You'll also have plenty of opportunities to make your mark at the office and a difference in your community. So if you're talented, driven and want to work for a strong ethical company that cares, take the next step to create a brilliant career at Ameriprise Financial.