Associate, Portfolio Strategy
About The Position
The Associate, Portfolio Strategy supports the Principal, Portfolio Strategy, who guides the team’s investment strategy, sets asset allocation targets for equity and fixed income models, and oversees day-to-day trading for approximately 70 families. The role centers on trading and liquidity management—including helping fund approximately 2,000 capital calls annually while keeping portfolios aligned with targets—and portfolio construction, including building investment proposals for prospects and quarterly client reviews. The Associate works with Relationship Managers to understand each family’s cash needs, risk tolerance, and investment appetite, and helps evaluate private fund offerings. The position calls for creative, proactive, solutions-oriented thinking, strong attention to detail, and accountability for the accuracy of investment materials and transactions.
Requirements
- At least 5 years of experience in private wealth, a family office, or institutional portfolio management.
- Genuine interest in investing and markets.
- Working knowledge of portfolio rebalancing, tax-aware trading, and cash management.
- Strong Excel skills.
- Attention to detail, comfort handling volume, ownership, and clear communication.
- Bachelor’s degree in finance, economics, or a related field.
Nice To Haves
- Trading experience is preferred.
- Experience with the Addepar reporting system.
- Understanding of alternative asset classes and their risk factors.
- Progress toward the CFA Charter is strongly preferred.
Responsibilities
- Build PowerPoint investment proposals for prospects and quarterly client reviews, covering performance, positioning, and recommended changes; verify every number and statement in final materials.
- Prepare talking points and supporting materials for the Principal and Advisors, and attend selected client meetings when requested.
- Execute portfolio rebalancing to model targets on Schwab and Fidelity, using tax-aware lot selection and awareness of wash-sale rules.
- Forecast liquidity needs for capital calls, distributions, taxes, and spending; maintain sufficient cash for near-term needs while limiting excess cash.
- Work with Relationship Managers to translate families’ risk tolerances and preferences into implementable portfolio constraints.
- Prepare trades for Principal review and support the Principal’s investment work.
- Support due diligence on private equity, real estate, private credit, and hedge funds, and recommend commitment sizing for illiquid investments.
- Work across trusts, LLCs, and multi-EIN family entities.
- Monitor portfolio drift, reconcile positions, document decisions, and escalate exceptions early.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
