Private Wealth Advisor Associate for UHNW Families

Pennington Partners & Co.; Washington (District of Columbia, MD); On-site; USD 120,000 - 190,000; Full time

Benefits offered by this job

Salary with bonus

Robust benefits package

Health & Wellness stipend

PTO 15 days + holidays + parentalLeave

Job summary

Pennington Partners & Co. is seeking an Associate Private Wealth Advisor to work with portfolio managers and advisors across the United States, delivering tailored wealth and investment advice to ultra-high-net-worth families.

You will design integrated plans across investments, tax planning, and estate strategies, coordinating with CPAs and internal teams for seamless execution. Strong communication and discretion are essential to success.

Qualifications

• Bachelor's degree required; a graduate degree in finance, business, or a related field is strongly preferred.
• Progressing toward a CFP, CFA, CPWA, CEPA, or CAIA certification.
• 3–5 years of experience in finance, ideally at a private investment firm, registered investment advisor, family office, or investment research consultancy.
• Familiarity with alternative investments (private equity, private credit, hedge funds, real assets) and multi-asset portfolio construction.
• Working knowledge of income tax planning concepts and their intersection with investment strategy.
• Strong critical thinking and analytical skills, with the ability to synthesize complex information into clear, actionable recommendations.
• Excellent written and verbal communication skills, including the ability to present sophisticated ideas in plain language to non-technical clients.
• Exceptional organizational skills and the ability to manage multiple priorities simultaneously in a fast-paced, entrepreneurial environment.
• High degree of discretion and professionalism when working with ultra-high-net-worth individuals and families.

Responsibilities

• Support the partners along with the Client Relationship team in delivering a seamless, coordinated client experience to our clients, drawing on deep knowledge of asset classes, investment vehicles, and market trends.
• Develop a thorough understanding of each family's financial objectives, risk tolerance, and values, and help design and implement tailored wealth plans that integrate investment management, income tax planning, and estate planning strategies.
• Coordinate with outside CPAs, family accountants, and internal teams to ensure seamless execution across all client activities.
• Monitor existing investments for compliance with client investment policy statements and the terms of each investment, while staying current on market developments, regulatory changes, and emerging trends.
• Contribute to portfolio-level initiatives led by the investment committee, including research into new alternative investment strategies and asset allocation analysis.
• Support income tax planning efforts to help families minimize liabilities and maximize after-tax wealth.
• Leverage relationships with general partners and investment professionals to monitor fund developments; design reports to track markets and portfolio activity; and assist in developing agendas for investment conferences and firm events.
• Take on special projects and other assignments as the needs of the firm and clients evolve.

Skills

Strong communication

Analytical skills

Discretion and professionalism

Project management

Client interaction

Education

Bachelor's degree

Graduate degree preferred

Job description

Pennington Partners & Co. is seeking an Associate Private Wealth Advisor to work with portfolio managers and advisors across the United States, delivering tailored wealth and investment advice to ultra-high-net-worth families.

You will design integrated plans across investments, tax planning, and estate strategies, coordinating with CPAs and internal teams for seamless execution. Strong communication and discretion are essential to success.