Portfolio Manager

Vaco by Highspring; New York (NY); On-site; USD 250,000 - 300,000; Full time

Job summary

A thriving investment advisory firm in New York is seeking an experienced Portfolio Manager to become the leading advisor for a sophisticated client base. The role requires a minimum of 12 years in wealth advisory, with a proven ability to manage a sizable book of business. Responsibilities include developing investment strategies and ensuring seamless execution through collaboration with research and trading teams. Preferred candidates will hold CFA, MBA, or CFP designations and possess exceptional interpersonal skills. A competitive salary of $250K - $300K+ annually is offered.

Qualifications

• Minimum of 12 years in wealth advisory, private banking, or client-facing portfolio management.
• Proven track record of managing and transitioning a book of business.
• Deep understanding of asset allocation and risk management.
• Exceptional interpersonal skills for building trust with clients.
• CFA, MBA, or CFP designations preferred.
• FINRA Series 65 or Series 7 licensing is a plus.

Responsibilities

• Serve as the lead advisor for a sophisticated client base.
• Develop and implement bespoke investment strategies.
• Act as a bridge between clients and internal teams.
• Manage and expand existing book of business.
• Deliver consultative updates on performance and market shifts.
• Support the development of junior advisory professionals.

Skills

Wealth advisory

Client-facing portfolio management

Interpersonal skills

Risk management

Asset allocation

Education

CFA

MBA

CFP

Job description

Client: Thriving Investment Advisory Firm
Role: Portfolio Manager
Salary: $250K - 300K+/annually
Location: New York, New York

Key Responsibilities

• Strategic Advisory: Serve as the lead advisor for a sophisticated client base, guiding them through complex financial landscapes, risk tolerance assessments, and long-term planning.
• Portfolio Strategy: Develop and implement bespoke investment strategies leveraging firm-wide research, ensuring alignment with individual client time horizons and objectives.
• Internal Collaboration: Act as a bridge between your clients and our internal research, trading, and compliance teams to ensure seamless execution and portfolio integrity.
• Client Retention & Growth: Manage and expand your existing book of business while proactively identifying new opportunities through your professional network.
• High-Touch Communication: Deliver clear, consultative updates on performance, market shifts, and tactical strategy adjustments.
• Mentorship: Contribute to the firm's culture of excellence by supporting the development of junior advisory professionals and participating in firm-wide strategic initiatives.

Qualifications & Requirements

• Experience: Minimum of 12 years in wealth advisory, private banking, or client-facing portfolio management.
• Book of Business: A proven track record of managing and successfully transitioning a book of business (AUM expectations are negotiable based on candidate profile).
• Technical Expertise: Deep understanding of asset allocation, risk management, liquidity planning, and the broader macroeconomic environment.
• Communication: Exceptional interpersonal skills with the "soft skills" required to build deep, lasting trust with sophisticated principals.
• Credentials: CFA, MBA, or CFP® designations are highly preferred.
• Licensing: FINRA Series 65, Series 7, or equivalent licensing is a plus.