PGIM Custom Harvest - Associate, Relationship Management (Direct Indexing & Separately Managed Accounts)

Prudential Annuities Distributors (PAD); The Ironbound (NJ); On-site; USD 75,000 - 105,000; Full time

Benefits offered by this job

Annual bonus

Health benefits

401(k) plan

Job summary

PGIM Custom Harvest in the United States seeks an Associate to focus on Retail Separately Managed Accounts. The Associate will work to strengthen relationships and ensure that clients are satisfied.

This role requires 4+ years in client services within investment management or capital markets, with knowledge of SMA, ETFs, and direct indexing, plus FINRA licenses 7 & 66. The team offers development opportunities and exposure to a broad set of wealth-management solutions.

Qualifications

• 4+ years of experience in client services within investment management, brokerage, or capital markets.
• Knowledge of retail separately managed accounts and direct indexing.
• Specific knowledge of ETFs and structured products.
• Excel data analysis functions (COUNTIF, VLOOKUP, etc).
• FINRA licenses 7 & 66.

Responsibilities

• Develop and review client transition proposals with financial advisors.
• Prepare and review client performance reports with financial advisors and PGIM wholesalers.
• Perform new account analysis and coordinate acceptance.
• Liaise with FA/clients as well as internal stakeholders.
• Respond to account related inquiries arising from Client Portal.
• Ensure the resolution of Financial Advisor/Client inquiries and requests.

Skills

Client services

SMA knowledge

ETFs

Structured products

Excel functions

Tools

FINRA licenses (7 & 66)

Job description

Job Classification: Sales - Sales

PGIM Custom Harvest is looking for an Associate to focus on Retail Separately Managed Accounts. The Associate will work to strengthen relationships and ensure that clients are satisfied. PGIM Custom Harvest, a division of PGIM Global Wealth, is a pioneer in the development of tax‑beneficial investment strategies using exchange‑traded funds (ETFs) for clients seeking improved after‑tax outcomes. We provide full exposure to a client‑selected benchmark while generating tax alpha through customized SMA portfolios of ETFs. PGIM Custom Harvest manages $7.1 billion on behalf of a wide range of RIAs and wealth managers.

What you will do

• Development and review of client transition proposals with financial advisors for prospective clients
• Preparation and review of client performance reports with financial advisors and PGIM wholesalers for existing clients
• Perform new account analysis and coordinate acceptance
• Liaison with FA/clients as well as internal stakeholders
• Respond to account related inquires arising from Client Portal
• Ensure the resolution of Financial Advisor/Client inquiries and requests.

What you can expect

• Development and review of client transition proposals with financial advisors for prospective clients
• Preparation and review of client performance reports with financial advisors and PGIM wholesalers for existing clients
• Perform new account analysis and coordinate acceptance
• Liaison with FA/clients as well as internal stakeholders
• Respond to account related inquires arising from Client Portal
• Ensure the resolution of Financial Advisor/Client inquiries and requests.

What you will bring

• 4+ years of experience in client services within investment management, brokerage, or capital markets
• Demonstrated knowledge of retail separately managed accounts and direct indexing
• Specific knowledge of ETFs and structured products
• Excel data analysis functions (COUNTIF, VLOOKUP, etc)
• Knowledge of financial regulations and best practices FINRA 7 & 66 licenses

Salary Range Disclosure

Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $75,000 to $105,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.

About PGIM Global Wealth

PGIM Global Wealth is a diversified distributor of asset management capabilities, with over 100 actively managed funds globally. We are dedicated to helping clients tackle their toughest investment challenges and base the foundation of our investment strategy around collaboration and innovation. Our leadership team welcomes new ideas and challenging the status-quo and are committed to developing talent for long-term success. At PGIM Global Wealth, we consider it a great privilege and responsibility to help investors participate in opportunities across the global markets while meeting their toughest investment challenges. We offer a diversified suite of actively managed funds across a broad spectrum of asset classes and investment styles, with over $95 billion in assets under management.

What we offer you

• Market competitive base salaries, with a yearly bonus potential at every level.
• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
• 401(k) plan with company match (up to 4%).
• Company-funded pension plan.
• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period).
• Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.
• To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers.
• Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
• Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is an equal opportunity employer

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.

Accommodation instructions

If you need an accommodation to complete the application process, please email [e-mail].

Technical issue instructions

If you are experiencing a technical issue with your application or an assessment, please email [e-mail] to request assistance.

PGIM corporate information

PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives. For more information about PGIM, visit pgim.com. Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com. PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

Our Commitment to an Inclusive Workplace

Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.