Sr. Portfolio Advisor, Global Family Office Group

Northern Trust; Chicago (IL); On-site; USD 165,000 - 225,000; Full time

Benefits offered by this job

Discretionary bonus

Comprehensive benefits package

Job summary

Northern Trust’s Global Family Office Group seeks a Sr. Portfolio Advisor to oversee investment activities for large, high-net-worth client portfolios.

You will develop allocations, select managers, and partner with the client service team to implement investment strategies across asset classes. The role requires 15+ years in investment or portfolio management within family offices or UHNW settings, with strong client engagement and communication skills.

Qualifications

• Knowledge of investment and portfolio management theory, execution options, accounting/financial principles, and all asset classes.
• Experience managing family office or ultra-high net worth portfolios across market cycles.
• Strong alternatives experience across all asset classes at fund/manager level with deep client engagement skills.
• Ability to translate complexity into simple terms and lead client investment relationship reviews.

Responsibilities

• Manage investment activities for a full set of large and sensitive high net worth personal trusts and individual investment portfolios.
• Develop, recommend, and direct the execution of investment allocations and manager selection for family office clients.
• Analyze and plan the overall investment strategy with revisions as goals change, collaborating with client service teams.
• Maintain an influential client-facing presence, communicating requirements and coordinating portfolio activity.
• Demonstrate mastery with new investment strategies, tools, capabilities, and portfolio research.
• Lead client reporting and communication on investments.

Skills

Investment knowledge

Portfolio management

Client relationship skills

Analytical thinking

Strategic planning

Presentation skills

Job description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Job Title: Sr. Portfolio Advisor, Global Family Office Group

Job Description

Northern Trust’s Global Family Office Group is a 40-year-old full-service family office provider— investment and non-investment related – and manages $200bn for 500+ families globally. The GFO Investment Practice is part of the Northern Trust Wealth Management business and leverages the NT Wealth Management investment platform. This position will be the primary portfolio advisor for 10–15 family office portfolios over time, with numerous beneficiaries and interested parties within each relationship. The role requires familiarity with family office structures, trust types, sophisticated investment vehicles, and all investment asset classes. The SPA also partners closely with Northern Trust Asset Management OCIO partners on client relationships and investment implementation.

Primary Responsibilities

• Manage investment activities for a full set of large and sensitive high net worth personal trusts and individual investment portfolios
• Develop, recommend, and direct the execution of investment allocations and manager selection for family office clients.
• Analyze and plan the overall investment strategy with continuous revision as goals and objectives change and in the context of client needs, working closely and proactively with the broader client service team to identify and execute on various investment-related responsibilities.
• Maintain an integral and influential presence within the client-facing team, ensuring communication of client requirements and coordinate portfolio activity.
• Consistently demonstrate mastery with new investment strategies, tools and capabilities, and portfolio research and investment methodologies
• Lead client reporting and communication on a regular basis regarding investments.

Internal Platform and Team Expectations

• Accountable for personal adherence to best practices as measured by the PM Dashboard and related reporting.
• Accountable for personal execution of initiatives, new capability rollouts, and required investment training as the GFO investment platform further develops.
• Partner with compliance peers to ensure sound governance and risk management processes in investment implementation.
• Serve as a strong team player with a collaborative approach who is excited to be part of a fast-growing, highly successful team serving Northern Trust Wealth Management's largest family office clients.
• Act as an individual contributor with no management responsibility but is expected to continuously contribute to progress and best practice development alongside the investment team.

Knowledge And Experience

• Knowledge of investment and portfolio management theory and execution options, accounting and financial principles, associated investment strategies and instruments, and all asset classes.
• Experience managing family office or ultra-high net worth portfolios with performance responsibility across multiple market cycles, including experience advising clients in protracted down markets.
• Strong alternatives experience across all asset classes at the fund/manager level and deep client engagement skills are required.
• The successful candidate will have the ability to translate complexity into simplicity for individuals in the format that works best for them, and the ability to lead client investment relationship reviews, set agendas, and drive toward investment goals.

Experience

• Minimum 15 years of investment, asset allocation or research experience, alongside client experience in an ultra high net worth or family office setting.

Salary Range

$164,600.00 - $225,000.00 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.