Investment Analyst

PCM Encore; New York (NY); Hybrid; USD 130,000 - 210,000; Full time

Job summary

PCM Encore is seeking an experienced Investment Analyst & Portfolio Operations Specialist to support our investment management and wealth advisory team. This hybrid role blends research, portfolio management, and client support for high-net-worth clients.

The ideal candidate will maintain investment models, oversee allocations and rebalancing, and contribute to investment communications. You’ll work with Morgan Stanley platforms and leverage equity ownership opportunities within a rapidly

Qualifications

• Bachelor's degree in Finance, Economics, Accounting, Business, or related field.
• 3–7+ years in investment management, wealth management, family office, or institutional environments.
• Proficient in Excel and investment reporting tools; Series 7/63, or 65/66; CFA/CIMA/CAIA/CFP/IACCP preferred.

Responsibilities

• Maintain investment models across asset classes including equities, fixed income, and alternatives.
• Oversee portfolio allocation, rebalancing, and performance reporting.
• Support client communications and investment committee discussions.
• Collaborate with custodians and advisory teams to resolve investment issues.
• Develop investment presentations and client-facing materials.

Skills

Asset allocation

Performance reporting

Rebalancing methodologies

Alternative investments

Excel

Communication

Project management

Education

Bachelor's degree in Finance, Economics, Accounting, Business, or related field

Tools

Charles Schwab Advisor Services

Morgan Stanley Wealth Management platforms

Portfolio accounting systems

Job description

Help Build the Wealth Management Firm of the Future.

What if you could combine the resources of a leading wealth management institution, the technology of a Silicon Valley startup, and an ownership opportunity in a rapidly growing firm founded by a proven entrepreneur? That’s what we’re building at PCM Encore.

PCM Encore is a rapidly growing, founder-led wealth management firm and multi-family office. In less than two years, we’ve grown to more than $2 billion in client assets by combining sophisticated investment management, tax strategy, family office services, and a technology-driven approach to client acquisition and service.

Technology Is at the Center of Everything We Do

We believe the wealth management industry is on the verge of a fundamental transformation driven by artificial intelligence, automation, and better software. Most wealth management firms rely on legacy technology and processes that haven’t meaningfully changed in decades. We’re building something different. Our advisors work alongside software engineers, investment professionals, and entrepreneurs to develop proprietary technology designed to eliminate repetitive work, improve client outcomes, and dramatically increase advisor productivity.

Our ambition is simple: Give exceptional wealth management professionals the technology and resources to accomplish more than they could anywhere else. We want our people spending less time on administrative tasks and more time doing what matters: solving complex problems, building client relationships, and delivering exceptional advice.

PCM Encore was founded by Mike Paulus, former Founding President of Addepar and co-founder of Assurance IQ. Mike helped build Addepar into one of the wealth management industry’s leading technology platforms before co-founding Assurance IQ, which was acquired by Prudential for $2.35 billion. Today, we’re bringing that same entrepreneurial approach to wealth management. We’re combining Silicon Valley’s approach to technology, talent, and innovation with the sophistication and personal relationships that define exceptional wealth management.

An Institutional-Quality Platform Without the Bureaucracy

Through our strategic relationship with Morgan Stanley and Graystone Consulting, led by Mark Curtis, our clients benefit from sophisticated investment capabilities and institutional resources. Our platform combines traditional wealth management with advanced tax planning, proprietary investment opportunities, accounting, and comprehensive family office services. We believe advisors should have access to exceptional resources without sacrificing the agility, autonomy, and personal service of an independent firm.

Build Equity, Not Just a Career

At most established wealth management firms, you’re helping build someone else’s business. At PCM Encore, we want our employees to participate directly in the value they help create. Our compensation philosophy includes broad-based equity ownership and revenue-sharing opportunities, aligning our team’s success with the long-term growth of the firm. We’re looking for ambitious people who want more than a conventional career path. People who want to take ownership, influence how the business operates, and help build something that could become one of the defining wealth management companies of the next generation.

Why Join Now?

• We’ve already demonstrated significant early traction, growing to more than $2 billion in client assets in under 24 months.
• We’re investing in technology, expanding our capabilities, and assembling a team of exceptional professionals who want to rethink how wealth management works.
• Joining now means having a meaningful voice in how the company develops, working directly with its founders, and participating in the growth of a business with substantial ambitions.
• We’re not looking for people who simply want to work at another wealth management firm. We’re looking for people who want to help build a better one.

Location: Hybrid – New York City (preferred), alternatively Aspen or Denver, CO; Willing to explore remote for the right candidate, but would prefer relocation to New York / Denver / Aspen

Department: Client Service / Wealth Advisory / Investment Management

Reports To: Dual reporting to Head of Wealth Advisory and Investment Policy Committee Chair

Role Overview

We are a growing multi-family office seeking an experienced and highly motivated Investment Analyst & Portfolio Operations Specialist to support our investment management and wealth advisory team. This hybrid role combines investment research, portfolio management, investment operations, and client support responsibilities.

The ideal candidate will possess strong analytical capabilities, exceptional attention to detail, and a deep understanding of portfolio construction and investment implementation. They will play a critical role in maintaining the firm’s investment models, overseeing portfolio allocation and rebalancing activities, supporting client communications, and ensuring the operational excellence of our managed account platform. This position offers significant exposure to portfolio strategy, alternative investments, and direct interaction with high-net-worth and ultra-high-net-worth clients.

Key Responsibilities

Investment Management & Research

• Maintain and update firm investment models across asset classes, including:
• Public equities
• Fixed income
• Alternative investments
• Private investments
• Cash management solutions
• Support investment due diligence and manager research for existing and prospective investment solutions.
• Monitor investment performance and risk metrics across firm-managed portfolios.
• Identify portfolio enhancement opportunities and evaluate new investment strategies, managers, and products.
• Assist in developing recommendations for portfolio changes and strategic allocations.
• Monitor managed accounts to ensure allocations remain aligned with client objectives and model targets.
• Review portfolios for drift and coordinate rebalancing activities as necessary.
• Support implementation of investment decisions, trading workflows, and operational processes.
• Ensure the accuracy of portfolio holdings, performance reporting, and account-level data.
• Coordinate with custodians, portfolio accounting systems, and advisory teams to resolve investment-related issues.
• Assist in maintaining investment policies, procedures, and operational controls.
• Participate in client meetings involving complex portfolios, alternative investments, or sophisticated investment planning needs.
• Provide analysis and insights regarding portfolio performance, attribution, and investment recommendations.
• Help translate investment concepts and portfolio strategy into clear, client-friendly language.
• Support advisors in preparing for client reviews and investment committee discussions.

Investment Communications & Content Development

• Maintain and update investment presentations, market commentary, and portfolio strategy materials.
• Develop internal and client-facing content explaining investment philosophy, portfolio positioning, and recommended changes.
• Collaborate with leadership to ensure consistency of investment messaging across the organization.
• Assist with preparation of quarterly investment updates and client communications.
• Utilize portfolio management and CRM systems to support investment oversight and reporting.
• Generate portfolio analytics and reporting using firm technology platforms.
• Improve workflows and identify opportunities to increase efficiency through technology and automation.

Qualifications

Required

• Bachelor's degree in Finance, Economics, Accounting, Business, or related field.
• 3-7+ years of experience in investment management, wealth management, family office, registered investment advisor (RIA), or institutional investment environments.
• Strong understanding of:
• Asset allocation
• Performance reporting
• Rebalancing methodologies
• Alternative investments
• Excellent analytical and quantitative skills.
• Strong written and verbal communication abilities.
• Demonstrated ability to manage multiple priorities while maintaining exceptional attention to detail.
• Proficiency in Microsoft Excel and investment reporting tools.
• Series 7 & 63, or Series 65 or Series 66
• One of the following designations, in preferential order: Chartered Financial Analyst (CFA), Certified Investment Management Analyst (CIMA®), Chartered Alternative Investment Analyst (CAIA®), Certified Financial Planner (CFP®), Investment Adviser Certified Compliance Professional (IACCP®)

Preferred

• Experience supporting high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients.
• Knowledge of private equity, private credit, hedge funds, real assets, and other alternative investment structures.
• Experience with the following platforms:
• Charles Schwab Advisor Services
• Morgan Stanley Wealth Management platforms
• Familiarity with portfolio accounting, performance attribution, and investment operations processes.

Desired Characteristics

• Intellectual curiosity and passion for investing.
• Strong organizational and project management skills.
• Ability to communicate sophisticated investment concepts to both advisors and clients.
• Process-oriented mindset combined with strategic thinking.
• Team-first attitude with a willingness to take ownership of outcomes.
• High degree of professionalism, discretion, and client service orientation.

What Success Looks Like

Within the first 6 months, this individual will:

• Assume ownership of investment model maintenance and monitoring.
• Provide proactive oversight of portfolio allocations and rebalancing activity.
• Become a trusted resource for advisors and clients regarding portfolio construction and performance.
• Enhance the firm’s investment communications and client-facing materials.
• Identify and implement operational improvements that increase efficiency and scalability.
• Contribute meaningfully to investment research and strategic portfolio recommendations.