Client Advisory Intern

Bessemer Trust Company, N.A.; Boston (MA); On-site; USD 55,000 - 62,000; Part time

Job summary

Bessemer Trust invites motivated students to join its Client Advisory Internship in Boston. Work alongside Wealth Advisory and Client Advisory teams to gain hands-on experience in asset allocation modeling, portfolio analysis, and client presentations.

You'll be trained on proprietary software and contribute to multi-disciplinary client service across wealth management disciplines. The internship emphasizes real-world learning, capstone projects for senior management, and collaboration with

Qualifications

• Pursuing a bachelor’s degree; rising senior required.
• Interest in financial services and private wealth management preferred.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational abilities.
• Effective written and verbal communication skills; professional demeanor.

Responsibilities

• Support Wealth Advisory with reporting, analysis, and presentations for prospective clients.
• Work with Quantitative Analysis to provide portfolio analyses and models.
• Collaborate with Investment, Tax, Estate Planning and other professionals to understand client portfolios and goals.
• Assist with preparation of materials for prospective client meetings and presentations.
• Participate in projects across the firm to showcase comprehensive wealth-management approaches.
• Perform routine duties and support client advisory team as needed.
• Assist with cash management and processing of payments and activities.

Skills

Analytical skills

Problem solving

Attention to detail

Written communication

Verbal communication

Organizational skills

Team collaboration

Discretion

Education

Bachelor’s degree in progress

Tools

Microsoft Office Suite

Job description

Two International Place Suite 2220, Boston , Massachusetts 02110 , United States

Job Description

Description:

The Client Advisory Intern will work alongside Client Advisory and Wealth Advisory professionals serving high-net-worth and ultra-high-net-worth individuals and families. Throughout the internship, the intern will gain exposure to Bessemer Trust’s integrated approach to wealth management, including investment management, wealth planning, tax and estate planning, client service, and new business development.

The internship will provide hands-on experience in areas including asset allocation modeling, investment portfolio analysis, fixed income portfolio analysis, tax transition portfolio analysis, client communication, cash management, reporting, and client and prospective client presentations. The internship will culminate in a capstone presentation to senior management focused on bringing together the various aspects of wealth advisory.

The Client Advisory Intern will also be trained in the use of proprietary and licensed software and databases.

Wealth Advisory Responsibilities:

• Support the Wealth Advisory team with reporting, analysis, and presentation requests for prospective clients
• Work with the Quantitative Analysis group to provide the Wealth Advisory team with portfolio analyses and proprietary models
• Collaborate with Investment, Tax, Estate Planning, and other professionals across the firm to develop a thorough understanding of prospective clients’ portfolios, goals, and broader financial situations
• Assist with the preparation of materials used in prospective client meetings and presentations
• Participate in individual and group projects designed to provide exposure to Bessemer’s comprehensive approach to wealth management
• Other responsibilities as assigned

Client Advisory Responsibilities:

• Support Client Advisory teams in preparing for client meetings and responding to day-to-day client service needs
• Assist with routine communications and service requests involving clients and their outside advisors
• Perform cash management functions and assist with the processing of payments and other account activity
• Prepare customized client reports, schedules, analyses, and presentation materialsWork with Investment, Tax, Estate Planning, and other specialists across the firm to support comprehensive advice for clients
• Gain exposure to the management of complex, multigenerational wealth and the coordination required across a client’s broader advisory team
• Assist the Client Advisory team with individual and group projects as needed

Qualifications:

• In pursuit of a Bachelor’s degree (rising senior required)
• Strong interest in financial services; exposure to Private Wealth Management, Investment Management, Investment Banking, or a related field preferred
• Strong analytical and problem-solving skills
• Excellent attention to detail
• Intellectual curiosity and an enthusiasm for learning
• Effective communicator with excellent written and verbal communication skills
• Strong organizational skills and ability to manage multiple priorities
• Collaborative mindset and ability to work effectively as part of a team
• Professionalism and discretion when working with confidential information
• Proficiency in the Microsoft Office Suite

Compensation:$40-$45 per hour depending on grade level and work experience

The Bessemer Trust Internship Program:

Our summer internship program offers real world experience working side-by-side with experts from departments and offices across our firm. Working within your designated team, you will manage individual and group projects, interact with senior leaders, network with fellow interns, and attend a variety of career development sessions virtually and in person at our New York headquarters. Throughout the program, you will receive ongoing coaching and guidance from your supervisor to support your development, help you navigate your responsibilities, and set you up for success.

Company Information and Culture:

Bessemer Trust is a family office, overseeing $250 billion in assets for over 3,000 individuals and families of substantial wealth. Its more than 1,300 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.

Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.

Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer’s adherence to putting clients’ interests first, fiduciary mindset, and highly collaborative culture are at the heart of everything the firm does.

Key Facts:

• For 119 years, Bessemer Trust has operated continuously in a single line of business, independently owned by one family.
• Headquartered in New York’s Rockefeller Center, Bessemer Trust has 22 offices in total. Woodbridge, NJ, is one of the firm’s largest offices, which hosts a wide range of technology and operations professionals. In addition to its sizable presence in New York and Woodbridge, the firm provides client service through offices in Atlanta, Boston, Chicago, Dallas, Delaware, Denver, Garden City, Grand Cayman, Greenwich, Houston, Los Angeles, Miami, Naples, Nevada, Palm Beach, San Diego, San Francisco, Seattle, Stuart, and Washington, D.C.
• To watch a video about Bessemer Trust’s history,click here .

Bessemer Trust is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. We encourage candidates of diverse backgrounds to apply

Position Type

Part-time

Regular/Temporary

Temporary

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