Management Associate, Wealth Advisory

Glenmede; Philadelphia (Philadelphia County); Hybrid; USD 70,000 - 100,000; Full time

Benefits offered by this job

Health benefits

HSA contributions

401k match

Tuition reimbursement

Commuter benefits

Parental leave

Paid time off

Job summary

Glenmede is seeking a Management Associate to support Relationship Managers, Wealth Advisors and Fiduciary Specialists in client service, trust and account administration. The role includes compliance, coordinating meetings, and contributing to firm initiatives in a hybrid Philadelphia office.

You will build knowledge in wealth management topics, assist with daily transactions, and develop presentations while maintaining privacy and high standards of accuracy.

Qualifications

• Bachelor’s degree in accounting, finance or related field.
• 1–3 years of experience in financial services, preferably fiduciary.
• Advanced degree (JD, MBA) preferred.
• Knowledge of trust accounting and investment systems helpful.
• Strong Microsoft Office skills and client confidentiality.

Responsibilities

• Independently handle routine to moderately complex client inquiries with relationship management support.
• Prepare presentations for meetings and coordinate with investment, tax or other departments.
• Maintain client information in the CRM per firm best practices.
• Assist with administrative duties and transition relationships as needed.

Skills

Communication

Organizational skills

Problem solving

Attention to detail

Team orientation

Self-motivation

Confidentiality

Education

Bachelor’s degree in accounting or finance

Advanced degree (JD, MBA) preferred

Tools

Global Plus

Salesforce

Wealth View

Microsoft Office

Job description

OVERVIEW

This position will operate in a hybrid work environment, 3 days per week in the office (Philadelphia, PA). The primary function of the Management Associate is to assist and support the designated Relationship Managers, Wealth Advisors and Fiduciary Specialists with advisory‑related client service, trust and account administration, compliance requirements, and other functions required to ensure excellent relationships with clients and business partners and success with firm‑wide initiatives.

RESPONSIBILITIES

Relationship Management and Client Service

• Independently handle certain routine to moderately complex client inquiries as part of the relationship management team.
• Respond to client requests in the normal course of business, take needed action to resolve (with guidance from senior team members where appropriate) and keep all relevant parties informed.
• Cover situations that arise when other team members are out of the office.
• Act as initial point of contact for client and internal communications, manage information flow, prioritize needs, assist with and draft communications, as required.
• Assist relationship management team in maintaining client information and communications in the CRM system in accordance with firm best practices.
• Prepare presentation material for meetings and coordinate with investment, tax or other departments to ensure deadlines are met.
• Develop a strong foundational understanding of wealth management topics such as financial, estate and income tax planning.
• Plan and coordinate all aspects of client meetings.

Trust/Account Administration and Advice

• Develop a strong knowledge of all aspects of Wealth Advisory functions, policies, procedures and best practices, including financial planning and its supporting systems (Global Plus, Salesforce, Wealth View).
• Develop strong foundational knowledge of administrative, legal, compliance and tax principles regarding trust administration as well as fundamentals of financial planning.
• Become a subject matter expert on all aspects of basic administrative duties including daily transaction processing for cash and securities transfers, check requests, gifts, deposits, routine and semi‑complex client requests, account opening, overdraft resolution and any other functions essential to the basic management of client accounts and demonstrate the ability to perform all of these duties without oversight.
• Coordinate with Securities Operations and other business partners until transactions or matters are resolved to full completion.

Complex Analysis, Advanced Administration and Project Initiatives

• Review and prepare discretionary requests for approval (with the supervision of Relationship Manager/Wealth Advisor).
• Review relevant documents and prepare trust summaries, understand and implement power to adjust, trust terminations, distributions, receipt and releases, special asset policies and procedures, attainment of age and other trust administration requirements.
• As necessary, transition relationships to new relationship management teams to support internal succession planning.
• Participate in special projects and firm‑wide initiatives to foster understanding of multidisciplinary wealth management practice areas, effective working relationships with colleagues and peers and to develop presentation skills.

Business Development

• Attend Glenmede sponsored events as requested.

Firm Building

• Assist and train others, as needed, and perform other duties and responsibilities as assigned.

REQUIRED QUALIFICATIONS

• Bachelor’s degree preferably in accounting, finance or related field required.
• 1‑3 years of experience in financial services, preferably in a fiduciary environment required.

PREFERRED QUALIFICATIONS

• Advanced degree preferred (JD, MBA).
• Interest in or progress toward CTFA or CFP designations is preferred.
• Knowledge of trust accounting and investment systems strongly preferred.
• Superior team orientation.
• Advanced knowledge of Microsoft Office.
• Self‑starter with a great deal of initiative.
• Full understanding of client privacy and confidentiality.
• Excellent verbal and written communication skills.
• Demonstrated competence in the following: organizational and problem‑solving skills; ability to work well under pressure; and consistent accuracy and attention to detail.

Benefits Overview

• Competitive health and welfare benefits, including company HSA contributions
• Numerous voluntary benefit choices available
• Superior 401k match
• Tuition reimbursement
• Company subsidized commuter benefits
• Generous paid time off, including parental leave
• Plus more!

Glenmede is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to any legally protected characteristics. To learn more about Glenmede’s policy on equal employment opportunity, please visit https://www.glenmede.com/equal-opportunity-employer/.