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Beacon Trust · 8 hours ago

Wealth Management Portfolio Manager III

Morristown, NJ

Full-time

Onsite

Senior Level, Lead/Staff

$134K/yr - $191K/yr

8+ years exp

Beacon Trust is focused on providing wealth management services, and they are seeking a Wealth Management Portfolio Manager III to manage investment accounts for high net worth individuals. This role involves direct portfolio management, client relationship building, and collaboration with financial planning teams to enhance client investment strategies.

Financial Services

Responsibilities

Performs portfolio management responsibilities including:

Solicits existing portfolio customers in an effort to increase and retain AUM and cross sell Bank& BTC products and services. Initiates and participates in new business development presentations to prospective clients. Attends networking functions and business community meetings to expand social network and spread BTC reputation

Manages individual equity, fixed income and alternative investment accounts and asset allocation for high-net-worth client accounts

Helps set and record asset allocation and total return objectives based on management’s investment philosophy and each client’s objectives. Be responsible and accountable for diversification & stock selection for each client

Builds a high level of client confidence in BTC’s capabilities and in his/her knowledge of investment management. Articulates investment strategies. Keeps informed of material changes in client circumstances. Stays abreast of various legal and tax consequences of investment strategies

Interacts with client base on a close basis in order to generate client’s confidence that the comprehensive management strategies are tailored to their needs and meet/exceed their expectations

Communicates regularly with client’s external advisors in the legal, tax and accounting professions and build referral relationships with them

Contributes actively in investment meetings

Maintains accurate records in accordance with Bank & BTC regulatory policies (including Sales Force and Reg 9)

Performs other duties as required

Qualification

Portfolio managementClient relationship managementFinancial analysisBusiness developmentAsset allocation strategiesCFA certificationCustomer serviceMicrosoft Office proficiencyCommunicationInterpersonal skillsOrganizational skills

Required

Bachelor's degree in Management, Finance or Business Administration

8 or more years related within financial industry with client portfolio management responsibility for managing discretionary and non-discretionary investment accounts for high net worth individuals & families

Strong ability to analyze equity and fixed income securities and be able to initiate portfolio recommendations

Possess broad knowledge of various asset classes as well as allocation strategies & investments in equity and fixed income markets

Prior experience in business development and proven success in client relationships

Strong platform experience in making professional presentations

Excellent customer service delivered in a timely professional manner

Proficient with software programs (Microsoft Word, Excel & Outlook), financial analysis programs and discounted cash flow models

Possess high degree of honesty and integrity. Demonstrated commitment to the highest ethical standards when dealing with clients and the public

Excellent communication, interpersonal and organizational skills needed to deal with a mix of personalities and egos

Series 65 required, or must obtain within 90 days of hire