Private Wealth Management Wealth Management Associate

Morgan Stanley - Chesterfield, MO

Full-time - Mid Level

Chesterfield, MO

5,001-10,000 employees

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Wealth Management Associate serves as a key point of contact for clients, providing support in account servicing, financial planning, and investment portfolio management. This role combines relationship management with marketing skills to foster long-term client relationships, ensuring a positive client experience and timely delivery of services under the guidance of Financial Advisors or Private Wealth Advisors.

Responsibilities

• Establish and cultivate trusting relationships with new and existing clients.
• Assist Financial Advisors in developing and delivering financial and investment strategies.
• Lead efforts to enhance client experience emphasizing value and service.
• Utilize financial planning tools to analyze complex financial information.
• Prepare performance reports and data for clients regarding account performance.
• Educate clients about specific products and services offered by the firm.
• Develop presentation materials and proposals for Financial Advisors.
• Participate in or conduct client meetings with Financial Advisors.
• Assist clients with executing orders in Brokerage and Advisory accounts.
• Conduct market and stock research for clients.
• Design and produce strategy reports for Financial Advisors.
• Conduct quarterly/annual business performance reviews with Financial Advisors.
• Manage events, webinars, and seminars in collaboration with Financial Advisors.
• Develop customized presentation materials to attract new clients.
• Collaborate with Financial Advisors on business plans and marketing strategies.
• Implement enhanced service protocols and new procedures for existing clients.
• Identify practice management opportunities by interfacing with various departments.
• Coordinate enrollment campaigns for existing clients.
• Assign work to the Client Service Associate as appropriate.
• Cultivate relationships with internal and external business partners.
• Provide tailored recommendations to Financial Advisors based on client situations.
• Participate in firm initiatives directed by local management.

Requirements

• 5+ years of work experience in a relevant field.
• Four-year college degree or professional certification preferred.
• Active SIE, Series 7, and 66 (or 63 and 65) licenses required.
• Knowledge of financial industry and investment products preferred.
• Strong understanding of compliance rules and regulations.
• Effective written and verbal communication skills.
• Strong computer skills, including Microsoft Office (Word, Excel, PowerPoint).
• Detail-oriented with superior organizational skills.

Nice-to-haves

• Experience in relationship management.
• Additional product licenses may be required.

Benefits

• Health insurance
• 401k plan
• Paid holidays
• Professional development opportunities