HNW Portfolio Manager

niche recruitment; Little Canada (MN); Hybrid; USD 127,000 - 170,000; Full time

Job summary

niche recruitment seeks a Sr/Portfolio Manager to join a high-performing cross-border wealth management team serving UHNW clients. You will identify the portfolio closest to clients' goals and develop a plan to smoothly transfer assets, working with planning, tax and investment specialists.

The role is hybrid, based out of Toronto, with in-office 3 days per week and multiple levels available based on experience.

Qualifications

• Client relationship management experience with UHNW clients.
• Strong investment management and financial planning skills.
• Experience coordinating with planning, tax and investment teams.
• Familiarity with Know Your Client and FATCA compliance processes.

Responsibilities

• Client relationship management responsibilities for high net worth households.
• Providing investment management and financial planning services in accordance with clients’ needs.
• Overseeing a potential team including an APM and client service associate.
• Collaborating with planners, trust/estate specialists, life insurance and cross-border experts.
• Completing annual client portfolio reviews with KYC/AML/FATCA documentation.

Skills

Client relationship management

Investment management

Financial planning

Cross-border client handling

Team leadership

KYC AML FATCA compliance

Job description

Sr/PM Job Summary Join a high performing, client centric, down-to-earth team with a growing $7B high net worth cross border wealth management firm. As a Sr/Portfolio Manager you will be part of a holistic planning, tax and investment team serving U/HNW $5-50M+ cross border clients. With a conservative long-term investment philosophy you are identifying the portfolio most closely aligned with the clients’ goals and developing a plan to smoothly transfer assets. This is a hybrid role based out of Toronto, in office 3 days. There are multiple positions available at different levels due to growth in the team, each candidate will be assessed based on their experience.

Primary Responsibilities

• Client relationship management responsibilities for high net worth households.
• Providing investment management and financial planning services in accordance with the clients’ needs.
• Depending on experience, overseeing a support team potentially consists of an APM and client service associate.
• Work alongside a team of financial planners, trust/estate specialists, life insurance specialists, and cross-border specialists.
• Complete annual (at minimum) client portfolio management reviews which include the completion of Know your Client (KYC), AML/ATF, and FATCA compliance documentation.
• Engaging with clients to establish investment objectives, portfolio asset allocation guidelines, and investment policy statements for individual clients.
• Asset allocation modeling and developing transition plans to migrate existing legacy holdings of new clients to model allocations.