Investment Associate (Portfolio Management)

Franklin Templeton • New York, NY

14d • Onsite

About The Position

Fiduciary Trust International is a premier investment and wealth management firm with a commitment to growing and protecting wealth across generations. We offer a dynamic and collaborative approach to managing wealth for high-net-worth and ultra high-net-worth individuals and families, family offices, endowments, foundations, and institutions. Unlike other firms, our investment managers, tax and estate planning professionals work together to develop holistic strategies to optimize clients’ portfolios while mitigating the impact of taxes on their wealth. As a fiduciary, the guidance we provide is always in the best interests of our clients, without conflict or competing benefits. We offer boutique customization and deep expertise in specialized investment, tax and planning strategies alongside sophisticated technology and custody platforms. Fiduciary Trust International is owned by Franklin Templeton, a dynamic firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you’ll get exposed to different cultures, people, and business development happening around the world. Position Summary Fiduciary Trust International is hiring an Investment Associate (IA) to join our office located at One Madison Avenue. You will serve as a key partner to Portfolio Managers in all aspects of the investment process, including the design, execution, and ongoing management of client portfolios in alignment with the firm’s investment policies and client-specific objectives. The IA role is expected to serve as training for junior investment professionals who are interested in developing a career in wealth management.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or a quantitative field is required
• 1–5 years' experience in wealth management, asset management, or related financial services; early career professionals and recent college grads encouraged to apply
• Foundational understanding of financial markets, asset classes, and trade execution/allocation processes
• Ability to conduct portfolio analytics, performance reporting, and cash flow projections
• Proficient in calculating and interpreting key investment metrics
• Strong proficiency in Microsoft Excel for data analysis and modeling
• Working knowledge of portfolio management/trading systems (e.g. Charles River, Aladdin) and CRM software
• Strong technological knowledge of tools like FactSet, Bloomberg, Thomson Reuters Eikon, Morningstar Direct
• Excellent written and verbal communication skills
• Ability to translate complex investment data into clear, client-facing reports and materials
• Demonstrated attention to detail and portfolio compliance monitoring
• High level of professional maturity, independence, and accountability
• Strong desire for a long-term career in wealth management

Nice To Haves

• Experience in a fiduciary environment is a plus
• Progress toward or completion of the CFA designation desirable

Responsibilities

• You will collaborate with Portfolio Managers to define client investment goals and strategies
• You will execute trades and ensure accurate allocations per Portfolio Manager instructions
• You will conduct account reviews and recommend rebalancing or tactical adjustments
• You will prepare portfolio analytics and performance reports for client discussions
• You will assist in developing client-facing materials and proposal content
• You will monitor portfolios for risk factors and compliance issues
• You will support portfolio setup with benchmarks and performance composites
• You will independently manage smaller client accounts under firm guidelines
• You will conduct cash flow analyses and long-term wealth projections
• You will maintain awareness of client account activity for continuity
• You will assist in drafting and updating Investment Policy Statements (IPS)
• You will make informed decisions in cash management and discretionary actions
• You will contribute to client servicing and trade allocation strategies
• You will apply investment knowledge to support portfolio integrity and growth
• You will work closely with Portfolio Managers and Client Service Administrators
• You will collaborate with the Performance Measurement team for accurate reporting
• You will support cross-functional efforts in client servicing and investment strategy
• You will engage with internal teams to ensure compliance and portfolio alignment
• You will contribute to meetings and discussions with clients and prospects
• You will coordinate with team members to maintain high service standards
• You will communicate insights across departments to inform investment decisions

Benefits

• Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards.
• We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program.

What This Job Offers

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