Wealth Management Client Services Associate

Silvercrest Asset Management Group; New York (NY); On-site; USD 75,000 - 85,000; Full time

Benefits offered by this job

Discretionary bonus

Medical, dental, and vision coverage

401(k) plan

Paid time off

Job summary

Silvercrest Asset Management Group is seeking a highly organized Client Associate to support a portfolio manager and client team with account administration and client service. The role requires strong follow up and communication, professionalism, and comfortable collaboration within a high performing team.

Base salary with discretionary bonus and robust benefits offer a comprehensive compensation package. The role involves coordinating cash/securities transfers, maintaining client information

Qualifications

• Bachelor’s Degree or significant industry experience.
• Experience with a financial advisory firm a plus.
• Strong organizational skills with good follow up and communication skills.
• Software experience, including MS Office, Word and Excel.
• Ability to multitask effectively in a high performing team environment.
• Eager to learn, with a strong work ethic.
• Professional and personable in relating to clients and coworkers.

Responsibilities

• Assist portfolio manager with client support, including cash and securities transfers, account information, and website access.
• Communicate with team and, as necessary, others in the firm on an ongoing basis concerning all client related matters.
• Organize client files and preserve client related information and activity.
• Interface with client custodians, accountants, and attorneys on an ongoing basis.
• Maintain client information on internal systems such as APX, Outlook, and Excel.
• Work closely with custodians and internal operations to ensure accuracy of security set up, cost basis, holdings, and other account information.
• Prepare new account paperwork, advisory and custodial, for client signature and facilitate account opening and funding.
• Review accounts monthly or quarterly, as needed, for adequate cash balances to cover fees, tax payments and income distributions, including Capital Calls and Private Equity distributions.
• Maintain and review fund activity including investor and underlying manager activity, transfers, redemptions, and subscriptions, as well as accurate NAV reporting and reconciliation.
• Assist in the preparation of client meeting material.
• Meet and greet visiting clients, providing refreshments, as needed.
• Assist clients with miscellaneous needs, including bill pay services, payroll, tax payments, and monitoring of cash balances as necessary.

Skills

Strong organizational skills

Follow-up & communication

Multitasking

Professional & personable

Education

Bachelor’s degree or significant industry experience

Tools

MS Office

Word

Excel

Job description

Silvercrest Asset Management Group is seeking a highly organized Client Associate to support a portfolio manager and client team with account administration and client service. The role requires strong follow up and communication, professionalism, and comfortable collaboration within a high performing team.

Base salary with discretionary bonus and robust benefits offer a comprehensive compensation package. The role involves coordinating cash/securities transfers, maintaining client information