Investment Managing Director, Private Clients

Cambridge Associates•Boston, MA

8d•Onsite

About The Position

Cambridge Associates (CA) is a leading global investment firm that helps endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios. CA offers services including outsourced CIO, non-discretionary portfolio management, and investment consulting. Headquartered in Boston, MA, CA has offices globally. We are seeking an experienced investor at the Managing Director level to join an investment team managing private client assets. This role involves constructing and managing client portfolios, communicating with clients, and generating top-tier investment performance while maintaining high client satisfaction and developing talent. The Managing Director will oversee investment portfolios, manage client relationships (discretionary and non-discretionary), drive investment strategy and asset allocation, select investment managers, manage risk, monitor performance, and develop the investment team. The role also includes partnering with Global Client Solutions for new business development, building referral networks, qualifying prospective clients, and leading pitches.

Requirements

BA/BS required
Minimum of 20 years of investment experience ideally at an investment firm, a large institutional investor, or family office
Well-developed network in the family office community
Exceptional communication and negotiation skills with clients – ability to break down complex concepts, strong presence, careful listening, ability to adapt in the moment to concerns expressed, conviction articulating a path forward
Deep investment acumen and capital markets experience; skilled at identifying and evaluating managers and building resilient relationships
Commercially successful in building and retaining books of business

Nice To Haves

An MBA or CFA strongly preferred

Responsibilities

Lead investment team in creating and developing diversified portfolios to meet customized client objectives
Select and evaluate investment managers for all asset classes
Work with and present directly to clients; develop robust relationships with sophisticated clients, GPs, and centers of influence
Develop and implement investment objectives, policies, and asset allocations for complex portfolios and trust structures
Represent Cambridge Associates externally through marketing presentations, conferences and other business development opportunities
Provide mentorship and leadership of the investment team, fostering a culture of excellence, innovation, and continuous improvement