Associate, Portfolio Strategy

NewEdge Family Office; New York (NY); Sur place; USD 85 000 - 100 000; Plein temps

Avantages offerts par ce poste

Health insurance

Dental insurance

Vision insurance

Disability insurance

Life insurance

Paid time off

Parental leave

401(k) match

Résumé du poste

NewEdge Family Office in New York seeks an Associate to support the Principal, Portfolio Strategy, who guides the team’s investment strategy, sets asset allocation targets for equity and fixed income models, and oversees day-to-day trading for roughly 70 families.

Duties include building investment proposals with PowerPoint, executing rebalances, forecasting liquidity, and collaborating with Relationship Managers to translate risk tolerance into portfolio constraints; you will also assist due

Qualifications

• Five years in private wealth, family office, or institutional portfolio management.
• Genuine interest in investing and markets.
• Working knowledge of rebalancing, tax-aware trading, and cash management.
• Attention to detail, comfort with high volume, strong ownership and clear communication.
• Bachelor’s degree in finance, economics, or related field.

Responsabilités

• Build investment proposals and client-facing materials; you will be accountable for numbers in final decks.
• Trade and rebalance portfolios to model targets with tax-aware lot selection.
• Forecast liquidity for calls, distributions, taxes, and spending; ensure cash availability for near-term needs.
• Collaborate with Relationship Managers to translate family risk tolerance into usable constraints.
• Support the Principal’s research and diligence on private funds and illiquid investments.
• Handle complex structures across trusts, LLCs, and multi-EIN entities.

Connaissances

Portfolio management

Attention to detail

Clear communication

Ownership

Formation

Bachelor’s degree in finance or economics

Outils

Addepar

Description du poste

Our clients are complex and highly transactional. The Associate supports the Principal, Portfolio Strategy, who guides the team’s investment strategy, sets asset allocation targets for our equity and fixed income models, and oversees day-to-day trading for roughly 70 families.

The role has two core demands. The first is trading and liquidity management: we fund about 2,000 capital calls a year, and every obligation must be raised in a way that keeps the portfolio aligned with targets. The second is portfolio construction: you build the investment proposals we present to prospects and to existing clients in quarterly reviews. Creative, proactive, and solutions-oriented thinking is critical to success.

You will also work with Relationship Managers to understand each family’s cash needs, risk tolerance, and investment appetite, and help evaluate private fund offerings.

Duties/Responsibilities:

Build investment proposals:

• Produce PowerPoint proposals for prospects and for quarterly client reviews, covering performance, positioning, and recommended changes. We use AI tools to speed up production, and you are accountable for every number and statement in the final deck.
• Prepare talking points and backup for the Principal and Advisors, and join selected client meetings when asked.

Trade and rebalance:

• Execute rebalancing to model targets on Schwab and Fidelity, with tax-aware lot selection and wash-sale awareness.

Cash Management:

• Forecast liquidity for calls, distributions, taxes, and spending. Ensure cash is available for near term needs, while limiting excess cash.

Partner with Relationship Managers:

• Translate each family’s risk tolerance and preferences into implementable portfolio constraints.

Support the Principal:

• Prepare trades for review (about 99% are reviewed) and support the Principal’s investment work.
• Support diligence on private funds (PE, real estate, private credit, hedge funds) and recommend commitment sizing for illiquid investments.

Handle complex structures:

• Work across trusts, LLCs, and multi-EIN family entities.
• Monitor drift, reconcile positions, document decisions, and escape exceptions early.

System Experience:

Qualifications:

Required:

• 5 years in private wealth, family office, or institutional portfolio management, with preferred trading experience
• Genuine interest in investing and markets
• Working knowledge of rebalancing, tax-aware trading, and cash management
• Attention to detail, comfort with volume, ownership, clear communication
• Bachelor’s degree in finance, economics, or a related field

Preferred:

• Experience with Addepar reporting system
• Understanding of alternative asset classes and risk factors
• Progress toward CFA Charter strongly preferred

Salary: $85,000 - $100,000, based on experience

Who We Are:

NewEdge Capital Group provides best-in-class technology-enabled solutions and support services to financial advisors and their clients. Comprised of NewEdge Wealth, NewEdge Advisors, and NewEdge Securities, they have over $120 billion in client assets and support over 450+ financial advisors servicing several thousand households, family offices and institutions comprising more than 75,000 client accounts.

What We Offer:

Compensation includes a competitive base salary, with the opportunity to qualify for bonuses or commissions based on the position. NewEdge Capital Group offers a comprehensive benefits package to eligible employees, including health, dental, and vision insurance, short- and long-term disability coverage, life insurance, paid time off, paid parental leave, 401(k) match (subject to applicable waiting periods), and additional voluntary and supplemental benefits to elect based on your needs.

Applications will be accepted on an ongoing basis.