Portfolio Analyst

True North Advisors • Dallas, TX

7d • Onsite

About The Position

True North Advisors is seeking a Portfolio Analyst to join its team in the Dallas, Texas office. The firm is an independent registered investment advisor serving high-net-worth individuals and institutional clients. The role analyzes, implements, and monitors portfolio strategies across varied account types, tax structures, investment vehicles, and client-specific constraints. It also supports portfolio transitions, household-level portfolio analysis, investment implementation, and the integration of acquired advisory firms.

The Portfolio Analyst works with advisors and investment professionals to develop tax-efficient implementation strategies and helps maintain the firm’s trading platforms, investment data, model governance, and workflows. The role also identifies opportunities to automate and improve processes and serves as a subject matter expert in portfolio implementation, trading workflows, custodian capabilities, account structures, and investment technology.

This is a full-time position based in True North Advisors’ Dallas office. The firm describes itself as an independent RIA with more than $5.8 billion in assets and notes that it builds portfolios using public, alternative, and private investments. True North was established in 2000 and emphasizes trustworthy, objective advice, personalization, and simplicity.

Requirements

• Bachelor’s degree required.
• 0–5+ years of experience preferred; candidates across a range of experience levels will be considered.
• Strong understanding of portfolio construction, asset allocation, diversification, risk management, and investment implementation best practices.
• Advanced Excel skills required.
• Exceptional attention to detail, analytical thinking, and problem-solving abilities.
• Ability to manage competing priorities and work effectively in a fast-paced environment.
• Strong written and verbal communication skills.
• Ability to work independently and collaborate across investment, advisory, operations, and technology teams.
• Ability to exemplify True North’s core values.
• Must consent to a credit report and background check.

Nice To Haves

• Increasing responsibility within portfolio management, trading, and investment implementation functions is preferred.
• Experience trading, rebalancing, and managing portfolios across multiple custodians, account types, and client objectives is strongly preferred.
• Experience within an RIA, wealth management firm, family office, or institutional investment manager is strongly preferred.
• Experience managing portfolio transitions involving concentrated positions, embedded gains, illiquid holdings, account restrictions, and legacy investments.
• Experience with separately managed accounts, mutual funds, ETFs, individual equities, fixed income securities, alternative investments, limited partnerships, and other investment vehicles.
• Experience with RedBlack, Addepar, or other institutional portfolio management and rebalancing software is strongly preferred.
• Experience with Schwab Advisor Center, Fidelity Wealthscape, Pershing NetX360, and other wealth management technology platforms is preferred.

Responsibilities

• Analyze, implement, and monitor portfolio strategies across account types, tax structures, investment vehicles, and client-specific constraints.
• Evaluate and manage portfolio transitions involving concentrated positions, embedded capital gains, illiquid holdings, legacy investments, account restrictions, and tax-sensitive implementation considerations.
• Perform household-level portfolio analysis across multiple accounts and registration types, considering investment objectives and cash flow requirements.
• Coordinate implementation of separately managed accounts, third-party managers, alternative investments, and custom investment strategies.
• Review and reconcile account restrictions, investment guidelines, liquidity needs, and tax considerations to keep portfolios aligned with client objectives and investment policy requirements.
• Monitor portfolio drift, risk exposures, asset allocation changes, cash positioning, and implementation exceptions across client relationships.
• Partner with advisors and investment professionals to develop tax-efficient implementation strategies for new and existing client relationships.
• Assist with integration of acquired advisory firms, including portfolio analysis, account mapping, asset classification review, model alignment, and investment implementation planning.
• Maintain and enhance trading platforms, investment data integrity, model governance frameworks, and implementation workflows.
• Identify opportunities for automation, process optimization, and scalable operational improvements across the firm’s investment platform.
• Serve as a subject matter expert on portfolio implementation, trading workflows, custodian capabilities, account structures, and investment technology platforms.

Benefits

• Competitive base salary.
• Competitive bonus potential based on successful execution of firm goals and individual performance metrics.
• 15 days of paid time off for new employees, increasing to 18 days after the second year and increasing thereafter according to a schedule.
• Volunteer time off.
• Telecommuting opportunities.
• 401(k) with employer contribution.
• Medical, dental, and vision benefits.
• Health savings account with a $2,000 annual employer contribution.
• Employer reimbursement for professional designations and continuing education.
• Free financial planning services for employees and their spouses.
• Collaborative culture with year-round engagement events, including happy hours, coffee chats, and lunches.

What This Job Offers

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