Wealth Management Client Associate

Silvercrest Asset Management; Richmond (VA); On-site; USD 60,000 - 90,000; Full time

Job summary

Silvercrest Asset Management Group LLC is seeking a highly organized, detail-oriented candidate to support the portfolio management team with account openings, transfers, and client communications. The role requires strong MS Office skills and familiarity with investment products, as well as excellent client service abilities.

The successful candidate will interface with custodians, accountants, and third-party managers, maintain accurate client data, and assist in preparing meeting materials

Qualifications

• 3 years’ experience with a financial advisory firm preferable, but not required
• Understanding of a broad range of investment products, experience with client service, MS Office proficiency including Excel and Word

Responsibilities

• Provide support to portfolio management team including new account openings, money movement and asset transfers, monitoring client accounts, and telephone support.
• Communicate with portfolio management team and, as necessary, others in the firm on an ongoing basis concerning all client-related matters.
• Correspondence with clients regarding account information, cash and securities transfers, and other requests as they arise.
• Interface with client custodians, accountants, attorneys, and third-party investment managers.
• Maintain accurate client information on internal and third-party systems.
• Work closely with custodians and internal operations to ensure accuracy of security set-up, cost basis, holdings, and other account information.
• Review accounts regularly to ensure there are adequate cash balances to cover upcoming liquidity needs including management fees, tax payments, distributions, hedge fund subscriptions, and private equity capital calls.
• Assist in the preparation of meeting materials for current and prospective clients.
• Prepare paperwork for client signature, including Silvercrest advisory agreements, custodial forms, and subscription and redemption documents for alternative investments such as hedge funds and private equity funds.
• Act as a liaison to Silvercrest’s family office group to assist with bill paying, tax payments, and other miscellaneous needs as they arise.
• Additional duties and projects as required to support clients and the team.

Skills

Client service

Investment products knowledge

Tools

Schwab Advisor Center

DocuSign

Advent APX

Job description

Silvercrest Asset Management Group LLC is seeking a highly organized, detail-oriented candidate to support the portfolio management team with account openings, transfers, and client communications. The role requires strong MS Office skills and familiarity with investment products, as well as excellent client service abilities.

The successful candidate will interface with custodians, accountants, and third-party managers, maintain accurate client data, and assist in preparing meeting materials