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 meetingsClient 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 OfficerMorgan Stanley
EOE committed to diversifying its workforce.
M/F/D/VJob: Wealth Management Title: Private Wealth Management Portfolio Management Associate Location: North Carolina-Charlotte Requisition ID: 3248121
