Senior UHNW Wealth & Portfolio Advisor

Lazard, Inc.; New York (NY); Hybrid; USD 175,000 - 225,000; Full time

Benefits offered by this job

Comprehensive benefits

Individualized employee experience

Job summary

Lazard Ltd, based in New York, is looking for a Portfolio & Wealth Advisor to enhance client relationships and financial planning. This role emphasizes proactive communication and investment strategy development for ultra high-net-worth clients.

The successful candidate will possess over 10 years of experience, strong analytical and business development skills, and familiarity with advanced financial tools like Addepar and Salesforce. The base salary ranges from $175,000 to $225,000, complemented by comprehensive benefits.

Qualifications

• Minimum of 10 years of relevant work experience.
• Extensive experience working with ultra high-net-worth clients.
• Strong communication skills and experience as a trusted advisor.

Responsibilities

• Nurture and deepen strong rapport with clients.
• Proactively identify and solve clients’ questions.
• Work closely with the Investment Team to develop investment strategies.

Skills

Strong communication skills

Client relationship management

Business development skills

Analytical thinking

Attention to detail

Experience with performance reporting and portfolio analysis (Addepar preferred)

Microsoft Word, Excel, PowerPoint skills

Ability to work in a team-based environment

Education

10+ years of relevant work experience

Tools

Salesforce (preferred)

Job description

New York, United States (Hybrid)

Job Description

Lazard is one of the world’s preeminent financial advisory and asset management firms.Our people and culture make the difference. While global in presence and reach, ours is a close, collaborativecommunity of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure and embrace of individual differences, allow creative ideas, original concepts, and unique perspectives to drive our business forward — and for careers to take flight.

Our wealth management business (Lazard Wealth)collaborates with our clients to help solve and simplify the complexities of wealth, while delivering sophisticated investment solutions and advice. We combine years of history and experience to help preserve and grow our clients’ wealth across generations. The principal areas of focus with clients are strategic advice and planning, investment management and direct private investments. Working in partnership with families, we customize an investment process that meets their specific needs.

We are seeking a Portfolio & Wealth Advisor to support the team’s relationship management efforts, investment coordination, and financial planning, among other responsibilities. In this role, you would be client-facing, and would be expected to interface with internal and external stakeholders with discretion, care, and pride in your work.

We’ll trust you to:

• Actively nurture and deepen strong rapport with clients to win confidence, establish mutual trust and gain intimate knowledge of their lives to be able to anticipate their needs; act as their trusted advisor
• Proactively identify, communicate, and solve clients’ questions
• Leverage internal and external resources on behalf of clients; steer client needs to completion through the organization and partner with external contacts as needed
• Proactively own projects related to existing and prospective client relationships, including onboarding and transition management
• Work closely with the Investment Team to develop an overall investment strategy based on the client’s risk/reward profile, objectives, and tax status; determining appropriate asset allocation and portfolio construction; and advising on concentrated stock positions, low-cost basis holdings and potential diversification strategies
• Stay abreast of and communicate market shifts and investing strategies, new investment opportunities, statutory requirements, tax laws, etc.
• Leverage and coordinate specialists and advisors to provide interdisciplinary expertise for client needs
• Advise families on integrated financial, tax, and estate planning strategies, including structuring wealth transition and legacy frameworks to preserve capital, optimize tax efficiency, and align long‑term family governance with philanthropic and succession objectives
• Proactively own and execute projects and logistics related to client portfolios including all areas of client’s wealth profile across investment management, wealth transfer, tax planning, insurance, and consolidated reporting

You’ll need to have:

• Minimum of 10 years of relevant work experience
• Extensive experience working with ultra high-net-worth clients on their investment and wealth management goals
• Strong communication skills and experience being the trusted advisor to our clients
• Working knowledge of capital markets and a detailed understanding of alternative investment strategies
• Strong business development skills, including experience building relationships with prospective high-net-worth clients to identify their needs and successfully transition them into the firm
• Ability to work in a team-based environment and to become an integral part of existing client relationship teams
• Highly motivated, extremely ethical, and professionally mature
• Analytical thinking, strong communication skills, creativity, intellectual curiosity and resourcefulness
• Attention to detail, strong work ethic, and a self-starter
• Experience with performance reporting and portfolio analysis (Addepar preferred)
• Strong Microsoft Word, Excel, PowerPoint and CRM skills (Salesforce preferred)
• Eagerness to integrate emerging technologies (AI) to gain efficiencies in workflows

What we offer

We strive to enhance the total health and well-being of our employees through comprehensive, competitive benefits. Our goal is to offer a highly individualized employee experience that enables you to balance your commitments to career, family, and community. When you work for Lazard, you are working for an organization that cares about your unique talents and passions, and will continue to invest in the development of your career.

We expect the base salary range for this role to be approximately $175,000-225,000 USD. Various factors contribute to determining the actual base compensation offered, including but not limited to the applicant’s years of relevant experience, career tenure, qualifications, level of education attained, certifications or other professional licenses held, relevant skills for the role. Base salary is one component of Lazard Asset Management’s compensation package, which also includes comprehensive benefits and may include incentive compensation.

Does this sound like you?

Apply! We’ll get in touch on the next steps.

Representation at Lazard

Lazard is an intellectual capital business committed to delivering the best advice and solutions to clients. To achieve these objectives, we focus on attracting, developing and retaining the best talent. We believe that a workforce comprised of people who represent a wide array of backgrounds, experiences and perspectives creates a rich variety of thought that empowers us to challenge conventional wisdom, solve problems creatively and make better decisions.

Lazard was built on the premise that a multicultural firm can best serve a global clientele. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respecting and appreciating individual differences. Doing so has been core to our success for over 175 years. We are committed to sustaining an environment where every colleague is supported in their professional pursuits, can maximize their individual potential and contribute to our collective success.

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Job Info

• Job Identification 6248
• Locations 30 Rockefeller Plaza, New York, NY, 10112, US (Hybrid)