Family Office Analyst

Brown Brothers Harriman•Philadelphia, PA

4d•Onsite

About The Position

At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships. We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career. Join us as a Family Office Analyst BBH Capital Partners is the trusted and preferred advisor for private businesses, their owners, and wealthy families. BBH Capital Partners’ mission is to protect and grow our clients' capital over meaningful periods of time, focusing on scalable investment strategies that lead to differentiated results. Brown Brothers Harriman is currently recruiting a Family Office Analyst (FOA) to join our Capital Partners, multi-family office (MFO) team in Philadelphia. In this role you will support the Relationship Manager (RM) by serving as the primary contact point for both high-net-worth clients and endowment & foundation clients. Our Endowment & Foundation (E&F) partners with nonprofit organizations to manage investment portfolios, provide capital, and deliver strategic advice. You will manage day-to-day activities of the RM’s client base and ensure that client needs are met. The FOA manages all account maintenance activities, prepares investment materials for client meetings, supports business development efforts, and participates in client and prospect meetings as appropriate.

Requirements

Bachelor’s degree
3 years of industry experience required
Demonstrated interest in the Wealth Management field
Client service experience and aptitude strongly preferred
Strong organizational, analytical, and written/oral communication skills
Strong attention to detail
Ability to work effectively in a team environment
Proficient in MS Office, particularly Excel

Nice To Haves

CFA certification or a demonstrated interest in pursuing a CFA a plus

Responsibilities

With the RM, the FOA serves as a part of the “trusted advisor” team to clients by combining asset allocation and investment advice with trust and estate planning issues and specialized lending services
Deepen client relationships and develop trust and confidence with clients through flawless execution, extensive phone contact, and participation in client meetings
Coordinate day-to-day activities of dedicated client base and ensure client needs are being met and that BBH services are properly delivered
Work with Relationship Managers to obtain prospects by helping to organize marketing events and by developing personal and professional networks
Assist Relationship Manager or Office Head with presentations for client meetings on specific client information such as holdings, capital activity and performance in client accounts
Participate in prospect and client meetings, including but not limited to discussions surrounding our service offerings
Coordinate all core portfolio activities on behalf of the RM
Serve as primary interface on behalf of clients with the central management teams within BBH
Identify accounts that should be re-balanced or re-papered in preparation for account reviews, including reviewing asset allocation and making sure guidelines for investing have not changed
Create client meeting materials
Manage all non-strategic decisions (checks, funds transfers, gifting etc.)
Interact with 3rd party service providers
Troubleshoot client account issues such as portfolio reporting/activity, client reference data, RM client data requests, and resolving non-receipt of mailing.
As primary day-to-day contact point with clients, elevate all at-risk issues to RM, or OM
Ensure total compliance at the account level and oversee and respond to all compliance reports (i.e. overdraft reports, approved trades, delinquent documentation, IPSs)
Initiate all account maintenance activities, including account reviews/approvals, documentation, meeting materials, address or name changes and performance evaluations
Oversee Administrative Assistant (AA) efforts relating to the completion of client requests on behalf of the client base
Document start of relationship (e.g. new account documents, fee schedule)
Ensure client account materials are up to date and accurate (e.g. IPS)
Act as the go-to person for questions, mentoring, and training
Foster a positive atmosphere within the office and with clients, and encourage teamwork and compatibility while supporting goals and objectives of the business
Consistently represent professional behavior and etiquette, and serve as a model for other employees
Manage self (e.g. time tracking, progress notes and self-assessments) to develop professionally and personally by utilizing internal resources at BBH
Ensure adherence of clients and staff to agreed-upon terms of relationship at BBH
Work to retain and grow revenues
Take on additional special projects across the firm (e.g. compliance projects across BBH)
Keep abreast of internal/external market activity and be well-read and conversant on economic and political news
Maintain a high level of knowledge concerning investment management, banking, trust and estate planning, specialized lending services, and overall market trends