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Associate Portfolio Manager
Wealth Enhancement Group Acquisition - San Marino, CA
posted 4 days ago
About the position
Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 61,000 households from our over 100 offices - and growing - nationwide. Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. Our San Marino office in LA is looking to hire an Associate Portfolio Manager. The Associate Portfolio Manager role is responsible for assisting the investment strategy team to provide investment and portfolio research to enhance the investment selection and communication process to team advisors and operations. Under supervision, this role will conduct market research as instructed and complete daily portfolio management workflows. Successful Associate Portfolio Managers are given greater responsibility and input into decisions with the ultimate goal of growing into a Portfolio Manager role.
Responsibilities
- Research individual securities, sectors and industries as directed and present findings
- Conduct analysis on individual securities such as stocks, bonds, and ETFs
- Learn and implement custom models using platforms such as FactSet and other portfolio management tools
- Present findings in oral and/or written form to appropriate individuals or groups
- Conduct daily trading, including portfolio set-up and maintenance
- Set-up trades for block trades
- Communicate and execute all trade with proper counter parties
- Fulfill trade requests from advisor team
- Trade error resolution
- Attain and maintain expert level knowledge with Orion and other software
- Work with external custodians trading platforms
- Monitor Trading Performance
- Oversee anything that affects our portfolio management
- GIPS Compliance
- Software updates and troubleshooting as needed
- Trade Reconciliation
- Integrate with investment team to develop and maintain a deep understanding in the team's custom investment strategy and a general understanding of broader strategies available
- Contribute to team meetings/discussion by sharing insights based on personal experience and expertise
- Seek to understand other aspects of investment team function to enhance the team's depth of knowledge
- Assist investment team with special projects as required
- Participation with enthusiasm in one-time special investment related projects.
Requirements
- Bachelors degree
- Progress toward Charted Financial Analyst designation required
- 3+ years of experience in Financial Services or related field
- 1-2 years of experience in portfolio management or investment research
- In-depth knowledge of all securities products
- Proficient with Microsoft Office Suite, advanced Excel skills
- Familiarity with Salesforce and Orion preferred
- Familiarity with custom models including FactSet highly preferred
- Superior verbal and written communication skills
- Strong quantitative, financial analysis, and problem-solving skills
- Highly flexible and adaptable, with a strong attention to detail
- Proficiency in Chinese preferred
- Series 65 within first 6 months of employment
Nice-to-haves
- Familiarity with Salesforce and Orion
- Familiarity with custom models including FactSet
- Proficiency in Chinese
Benefits
- Training and professional development
- Medical, dental and vision coverage
- 401k - with match and profit sharing
- Health care spending and savings accounts
- Dependent care and transit spending accounts
- Wellness programs and resources
- Life and AD&D insurance - employer paid and voluntary options
- Short-term and long-term disability - employer paid
- Employee assistance plan
- Accident and critical illness
- Pet insurance
- Identity theft
- Paid Time Off
- 12 paid holidays each year
- Paid parental leave and paid caregiver leave
- Tuition reimbursement
