Portfolio Consultant II
About The Position
The Portfolio Consultant II will facilitate investment management services for Wealth Advisors, serving as a main point of contact for investment and portfolio management. Primary responsibilities include meeting with Advisors to consult on portfolio strategy, objectives, and ensuring accurate completion of investment implementations. This position is responsible for investment implementation for qualified accounts and transitioning taxable accounts to Mercer Advisors portfolio models, directly impacting the client experience. Success in this role is creating a great experience for Advisors by completing investment related support and analysis in a timely and efficient manner. This role provides excellent opportunity for career acceleration and advancement to many areas within the company including Portfolio Management, Investment Operations, and Wealth Management.
Requirements
- Bachelor's degree from an accredited institution preferred (preferably Business, Economics, Psychology, or Finance related)
- CFP® and/or Series 65 required
- Minimum 2 years of financial industry related experience
- Working knowledge of Envestnet, Orion and Morningstar preferred
- Advanced knowledge of MS Excel preferred, including advanced data analytics
- Demonstrable problem-solving experience and skills
- Strong communication skills, both written and verbal and highly collaborative approach
- Organized and detail oriented
- Ability to manage and prioritize multiple tasks
Nice To Haves
- CFA or advanced degree preferred
Responsibilities
- Communicate effectively to understand client objectives to execute desired outcomes.
- Provide status updates on portfolio implementations proactively and timely.
- Deliver an excellent experience to our Wealth Advisor Teams in developing and implementing investment strategies
- Must have the ability to work both independently as well as within a team on multiple time-sensitive projects with a high degree of accuracy and attention to detail.
- Working knowledge of capital markets and portfolio design.
- Ability to effectively match Advisor implementation goals with available investment strategies.
- Drafting, supporting, and auditing Envestnet proposals (and related software deliverables) for Wealth Management Teams.
- Understanding of account configuration options including cash reserves, rebalancing frequency, and do-not-buy / do-not-sell restrictions
- Working knowledge of short-term and long-term capital gains tax to help transition portfolios over desired time-horizons.
- Responsible for executing standardized workflows and investment processes
- Manage portfolio implementations concurrently to meet or exceed Service Level Agreements
- Provide recommendations on process improvements to increase efficiency and enhance client experience
- Collect and submit accurate portfolio level data for implementation and resolve issues quickly
- Audit implementations to ensure outcome is consistent with target portfolio objectives
- Support the training of new hires, ensuring the team is well-prepared to deliver exceptional investment management services.
Benefits
- Company Paid Basic Life & AD&D Insurance
- Company Paid Short-Term and Long-Term Disability Insurance
- Supplemental Life & AD&D; Short-Term Disability; Accident; Critical Illness; and Hospital Indemnity Insurance
- Three Cigna medical plans offerings including two High Deductible Health Plans and a Traditional Co-Pay medical plan.
- Kaiser Medical plans available in California
- Health Savings Account (HSA) with company contributions if enrolled in either HDHP medical plan.
- Two comprehensive Dental Plans
- Vision Insurance Plan
- Dependent Care Savings Account for child and dependent care.
- 14 Company Paid Holidays including a full week off at Thanksgiving.
- Generous paid time off program for vacation and sick days
- Employee Assistance Plan
- Family Medical Leave
- Paid Parental Leave (8 weeks)
- Maternity benefits utilizing company paid STD, any supplemental STD, plus Parental Leave (8 weeks) to provide time for recovery, baby bonding, and enjoying your family time.
- Adoption Assistance Reimbursement Program
- Company Paid Concierge Services for you and your loved ones for the spectrum of caring needs for your aging parents, young children, life’s challenges and more.
- 401(k) Retirement Plan with both Traditional and Roth plans with per pay period match as well as an after-tax option
- Pet Insurance
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
501-1,000 employees
