Investment Analyst

Pitcairn Trust Company, LLC•Conshohocken, PA

About The Position

Pitcairn’s innovative Shared Single-Family Office ® model provides unparalleled service to wealthy families and other family offices. Since the firm’s founding in 1923, Pitcairn has helped ultra-high-net-worth families and its members navigate the individual, interpersonal, and institutional challenges that come with wealth. We understand multigenerational family wealth in a way that few other wealth advisory firms do. Our comprehensive family office services include investment advisory, tax, trust and estate planning, risk management, philanthropy, household-level financial services, as well as family education and family governance support. The Investment Analyst supports Pitcairn's investment research and due diligence work, helping build, analyze, and maintain the strategies that make up client portfolios across public equity, fixed income, real assets, hedge funds, and private markets. The position is intentionally generalist. Rather than covering a single sleeve, you will work across asset classes and develop an understanding of how they fit together, which we believe is the more effective way to learn this business. Pitcairn's platform spans daily liquid funds, semi-liquid structures such as tender offer funds, and traditional drawdown private funds. Each carries its own mechanics around subscriptions, redemptions, capital calls, valuation, and reporting, and those mechanics shape much of the work. We do not expect you to arrive knowing these differences, but we do expect an interest in learning them.

Requirements

Bachelor's degree in business, finance, economics, or a related quantitative field.
Two to four years in an investment or investment-adjacent role: investment management, due diligence, research, performance reporting, asset allocation, or investment consulting.
Working familiarity with at least one of the following: public equity, fixed income, hedge funds, private equity or private credit, or real assets. Depth in one area is more valuable to us than general familiarity with all of them, and we are prepared to teach you the rest.
Exposure to asset allocation or portfolio construction frameworks and the math beneath them: mean-variance optimization and the efficient frontier, risk and return contribution, correlation and covariance estimation, and their practical limits. We do not expect you to have built a Capital Market Assumptions set or Strategic Asset Allocation yourself, but you should be able to reason about the inputs.
Advanced Excel required.
PowerPoint skills highly desired.

Nice To Haves

Familiarity with institutional research and technology platforms such as Morningstar, PitchBook, Venn, Tamarac, Backstop Solutions, and CENTRL is a plus, as is experience with AI tools, SQL, or Python, though none is required.
Intellectual curiosity, including a willingness to follow a question past the first answer.
Strong analytical skills and attention to detail, with the organization to keep several workstreams moving at once and accountability for your own work.
Clear writing and comfortable verbal communication, since much of the role involves explaining findings to colleagues and clients who were not part of the underlying work.
Ability to work independently and as a member of a team, and to self-manage in an environment spread across multiple locations.

Responsibilities

Support due diligence and manager research across asset classes, including background work, performance and risk analysis, and drafting investment memos.
Help maintain coverage of managers already on the platform, preparing for update calls, tracking what has changed since the last conversation, and flagging what deserves a closer look.
Contribute to investment analyses, educational pieces, and presentations for the Family Office Group, clients, and prospects.
Assist with asset allocation modeling and portfolio analytics that inform client and prospect recommendations, including Capital Market Assumptions, Strategic Asset Allocation targets, and the optimizations of scenario and sensitivity analysis.
Maintain Pitcairn's investment data and research management system current across technology platforms, including manager communications, materials, and performance data.