Associate

AllianceBernstein LP • New York, NY

17h

About The Position

Bernstein Private Wealth Management is seeking an Associate to partner with Financial Advisors and help grow the Private Wealth Management platform. Associates support high-net-worth and ultra-high-net-worth clients by contributing to asset allocation recommendations, capital markets positioning, portfolio analytics, and wealth and legacy planning. They provide client-service and operational support, help prepare for client and prospect meetings, and build relationships to understand and address servicing needs.

Associates participate in the Associate Development Program (ADP), a comprehensive training program intended to build investment knowledge and quantitative, qualitative, communication, leadership, and professional skills. Training covers proprietary investments, services, policies and procedures; trusts and estates; wealth planning; investment management philosophies; financial management strategies; client service, partnership, and sales; and career management, coaching, and specialized skills. As Associates progress—typically over approximately three years and after demonstrating milestones and core competencies—they may advance to other opportunities at Bernstein, including client service, Leadership, Wealth Strategies, Investment Strategies, or building a business as an Advisor.

The role is based in New York, New York. The base salary range is $80,000 to $86,000 annually. Actual base salary may depend on education, training, experience, past performance, and other job-related factors. Total compensation may also include, depending on eligibility, commissions, incentive compensation, and other awards.

Requirements

• Strong analytical skills.
• Strong written and verbal communication skills.
• Ability to build relationships.
• Ability to work effectively as a team player in a rigorous and challenging environment.
• Client-focused and detail-oriented, with the ability to multitask and work under pressure in a fast-paced atmosphere.
• Bachelor's degree, excellence in academics, and strong leadership experience.
• Proficiency in Microsoft Word and Excel.

Nice To Haves

• One to two years of client service experience.
• Financial services industry experience.
• Existing securities licenses, including SIE, Series 7, or Series 63.

Responsibilities

• Collaborate and network with senior professionals throughout the firm to support career success.
• Partner with Financial Advisors to build their business and provide client-service and support functions.
• Perform portfolio analysis and support account creation and maintenance.
• Prepare for client and prospect meetings.
• Build relationships with clients and prospective clients to understand and support their servicing needs.
• Provide a high level of customer service and support.

Benefits

• Health insurance coverage
• Employee wellness program
• Life insurance
• Disability insurance
• Retirement savings plan
• Paid holidays
• Sick time off
• Vacation time off
• Potential commissions and year-end incentive compensation, depending on eligibility
• Potential short- and long-term incentives and department-specific awards, depending on eligibility
• Sponsorship for required securities exams, including SIE, Series 7, and Series 63

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level