Investment Consultant - Portfolio Manager Specialist

Morgan Stanley; Scottsdale (AZ); On-site; USD 150,000 - 210,000; Full time

Job summary

Morgan Stanley is seeking a senior Portfolio Manager Specialist to join the Portfolio Management program. The role focuses on developing, maintaining and overseeing investment strategies and asset allocation for clients served by the FA/PWA team.

The position requires extensive industry knowledge, advanced analytical skills, and the ability to lead client discussions. You will collaborate with Financial Advisors to optimize portfolios and drive results across multiple client programs.

Qualifications

• Bachelor’s degree or equivalent professional certification required.
• 10+ years of relevant work experience preferred.
• Active Series 7 and 63; must maintain investment adviser representative registration where required.
• Minimum of 3 years FINRA registration; 5 years preferred.
• Morgan Stanley PM Certification: complete FA discretionary application and PM coursework before designation.

Responsibilities

• Leverage the PM program to open investment advisory accounts and manage their investment strategy on a discretionary basis.
• Support Financial Advisors in analyzing portfolios and developing PM solutions and strategies based on clients’ objectives.
• Lead meetings to discuss investment strategy options and performance.
• Manage client interactions by participating in and driving prospecting and meetings.
• Develop and oversee investment functions including policies, reporting and performance metrics; develop asset allocation models and implement strategy.
• Critically examine and rebalance current portfolio holdings when necessary.
• Review and develop recommendations on appropriate benchmarks for asset allocation.

Skills

Financial industry knowledge

Effective communication

Compliance knowledge

Client relationship management

Education

Bachelor's degree or equivalent

10+ years relevant experience

Series 7 & 63 licenses

RA registration

Morgan Stanley PM Certification

Job description

The Portfolio Manager Specialist is a senior level position on a FA/PWA team that is responsible for the development, maintenance and oversight of the investment strategy and asset allocation for clients serviced by the team. This role will work within the firm’s Portfolio Management program.

DUTIES AND RESPONSIBILITIES:

The Portfolio Management program is administered by the Portfolio Management Group("PMG"), a sub- division of the Consulting Group("CG").

• Leverage the firm’s Portfolio Management ("PM") program to open investment advisory accounts and manage their investment strategy on a discretionary basis
• Support Financial Advisors in analyzing portfolios and developing advanced PM solutions and strategies based on clients’ investment objectives
• Lead meetings to discuss investment strategy options and performance
• Manage client interaction by participating and driving client prospecting and meetings
• Develop and oversee investment functions including, but not limited to the oversight of policies, procedures, reporting and performance metrics via firm approved resources, the development of asset allocation models and implementation of strategy
• Critically examine and rebalance current portfolio holdings when necessary
• Review and develop recommendations as to the appropriate benchmarks for the current asset allocation

EDUCATION AND/OR EXPERIENCE

• Minimum of bachelor’s degree or comparable professional certification required
• 10 or more years of relevant work experience preferred
• Active Series 7, 63 and must maintain investment adviser representative (RA) registration, where required, in their place of business state and any other state(s) where the individual maintains a physical place of business. Additional product licenses may be required Product and state licenses must be in parallel to Financial Advisors on the Team
• Minimum of 3 years FINRA Registration required, 5 years preferred
• Morgan Stanley PM Certification - If accepted as a candidate for this role, individuals must complete the FA discretionary application and complete the required PM coursework prior to obtaining the designation

KNOWLEDGE/SKILLS

• Financial industry and product knowledge
• Effective written and verbal communication skills
• Knowledge of applicable compliance rules and regulations and firm policies

REPORTS TO:

• Branch Manager or Associate Market Manager

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that’s differentiated - and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.