Business Development Specialist

Westmount Asset Management; Los Angeles (CA); On-site; USD 65,000 - 95,000; Full time

Job summary

Westmount Asset Management seeks a Business Development Specialist in Los Angeles to help cultivate client relationships via CPAs, trust attorneys, and pension administrators. The role collaborates with Senior BDOs to expand the firm’s network and refine marketing outreach.

You will be mentored by BDOs, learn the investment approach, and contribute to events and materials. A proactive, personable pro with financial services experience is ideal for this growth-focused position.

Qualifications

• Bachelor's degree required.
• 5+ years in the financial services industry.
• Strong interest in business development and self-motivation.
• Excellent verbal communication and presentation skills.
• CFP designation or existing COI relationships are a plus.

Responsibilities

• Develop new client relationships through COIs and the firm’s custodian network.
• Support crafting sales strategy, marketing materials, and events with BDOs.
• Learn investment methodology and messaging; aim for promotion to a BDO.

Skills

Verbal communication

Networking

Business development interest

Education

Bachelor's degree

Job description

Responsibilities

The Business Development Specialist will work alongside Senior Business Development Officers (BDOs) to develop new client relationships through existing channels of business, which include centers of influence (CPAs, trust attorneys, pension administrators), and the firm’s primary custodian. The Specialist will also help cultivate new channels of business by researching and creating new networking opportunities for the BDOs as well as expanding their own personal network.

The Specialist will work in tandem with the firm’s BDOs in crafting and executing sales strategy, reaching out to COIs to convey the firm’s messaging, reviewing prospective client portfolios, crafting and reviewing marketing materials, and setting up marketing events.

The Specialist will be trained and mentored by the BDOs to learn our investment methodology, messaging, and approaches to developing new business. We expect the Specialist to eventually be promoted to a BDO position at the firm.

Qualifications

• Bachelors degree
• 5+ years in the financial services industry
• Highly motivated and personable, with strong interest in business development
• Outstanding verbal communication and presentation skills
• Desirable: CFP designation, existing relationships with centers of influence