Associate Counsel, Wealth Management

Frontline Source Group; Dallas (TX); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

15% bonus

One-time equity grant

15 days PTO

Holidays

401(k) match

Healthcare premiums covered

Dental & vision

HSA/FSA options

Life insurance

Disability coverage

Relocation assistance

Job summary

Frontline Source Group seeks an Associate Counsel for its Wealth Management division in Dallas, TX. This direct-hire, in-office role supports a rapidly growing wealth management platform and collaborates with executive, regulatory and compliance teams.

The role involves drafting and negotiating commercial agreements, advising on regulatory issues, and managing outside counsel while guiding business initiatives and client transitions.

Qualifications

• 3–5 years of relevant legal experience in wealth management, asset management, financial services or a related commercial environment.
• Experience negotiating and drafting commercial agreements and other transactional documents.
• Strong knowledge of securities laws and FINRA rules; familiarity with Advisor Acts.

Responsibilities

• Serve as a transactional and commercial legal resource for the wealth management business.
• Review, draft and negotiate commercial agreements and other documents.
• Provide practical legal guidance on regulatory matters and business initiatives.

Skills

Transactional drafting

Contract negotiation

Regulatory knowledge

Financial services experience

Written & verbal communication

Team collaboration

Job description

Associate Counsel, Wealth Management

Our client in Dallas, Texas is seeking an Associate Counsel for their Wealth Management division. This is a direct-hire, in-office position. Client Profile Rapidly growing financial services organization with a significant wealth management platform supporting more than $50 billion in assets under management and advisement. The organization offers attorneys the opportunity to work closely with experienced legal, executive, regulatory and compliance leadership while developing their careers within an expanding business.

Associate Counsel, Wealth Management Role

• Serve as a transactional and commercial legal resource supporting a rapidly growing wealth management business
• Review, draft and negotiate commercial agreements and other transactional documents
• Support legal matters involving financial advisors, clients, advisor transitions and client transitions
• Assist with strategic, corporate and regulatory initiatives across the wealth management organization
• Partner closely with legal, executive, compliance and regulatory teams
• Provide practical legal guidance regarding commercial transactions, regulatory considerations and business initiatives
• Assist with legal and regulatory matters involving both registered investment advisory and broker dealer operations
• Work collaboratively with compliance and regulatory teams to support internal processes involving transactions, compliance and risk management
• Assist with arbitration, litigation and complaint matters involving the wealth management business
• Coordinate with and manage outside counsel as appropriate
• Assist with management of legal expenses
• Support E&O insurance matters for the organization and its financial advisors
• Develop relationships with stakeholders throughout the organization and provide responsive, solutions oriented legal counsel

Required Skills / Experience

• Approximately 3 to 5 years of relevant legal experience; exceptionally strong candidates with approximately 2 years of experience may also be considered
• Transactional legal experience within wealth management, asset management, financial services or a related commercial environment
• Financial services industry experience required
• Familiarity with the Investment Advisers Act of 1940, Securities Act of 1933, Investment Company Act of 1940, FINRA rules and state securities laws
• Strong commercial drafting and contract negotiation skills
• Strong critical thinking and problem solving capabilities
• Ability to understand business objectives and provide practical legal guidance
• Strong written and verbal communication skills
• Proactive approach with the confidence to provide legal advice and direction to business stakeholders
• Intellectual curiosity and interest in building a long term career within the independent wealth management industry
• Comfortable working within a fast growing environment where priorities and legal issues may evolve quickly
• Collaborative, service oriented approach and willingness to work within a team focused environment

Preferred Skills / Experience

• Experience with an independent RIA, broker dealer or law firm representing financial services clients strongly preferred

Features and Benefits

• 15% annual bonus opportunity
• One time grant of 25,000 Class B units
• 15 days PTO during the first year with increases based on tenure
• Two additional paid community service days
• Paid holidays, including employee birthday
• 401(k) with company match and immediate vesting
• Medical insurance with company paying 80% of premiums
• Dental and vision insurance
• Health Savings Account and Flexible Spending Account options
• Company paid life insurance
• Company paid short term and long term disability coverage
• Paid parental leave
• Employee Assistance Program
• Relocation assistance available
• Significant professional development and mentorship opportunity
• Career advancement opportunities within a growing legal organization