Portfolio & Wealth Advisor - Lazard Wealth

Lazard • New York, NY

2d • $175,000 - $225,000

About The Position

Lazard Wealth collaborates with clients to help solve and simplify the complexities of wealth, while delivering sophisticated investment solutions and advice. We combine years of history and experience to help preserve and grow our clients’ wealth across generations. The principal areas of focus with clients are strategic advice and planning, investment management and direct private investments. Working in partnership with families, we customize an investment process that meets their specific needs. We are seeking a Portfolio & Wealth Advisor to support the team’s relationship management efforts, investment coordination, and financial planning, among other responsibilities. In this role, you would be client-facing, and would be expected to interface with internal and external stakeholders with discretion, care, and pride in your work.

Requirements

• Minimum of 10 years of relevant work experience
• Extensive experience working with ultra high-net-worth clients on their investment and wealth management goals
• Strong communication skills and experience being the trusted advisor to our clients
• Working knowledge of capital markets and a detailed understanding of alternative investment strategies
• Strong business development skills, including experience building relationships with prospective high-net-worth clients to identify their needs and successfully transition them into the firm
• Ability to work in a team-based environment and to become an integral part of existing client relationship teams
• Highly motivated, extremely ethical, and professionally mature
• Analytical thinking, strong communication skills, creativity, intellectual curiosity and resourcefulness
• Attention to detail, strong work ethic, and a self-starter
• Experience with performance reporting and portfolio analysis (Addepar preferred)
• Strong Microsoft Word, Excel, PowerPoint and CRM skills (Salesforce preferred)
• Eagerness to integrate emerging technologies (AI) to gain efficiencies in workflows

Responsibilities

• Actively nurture and deepen strong rapport with clients to win confidence, establish mutual trust and gain intimate knowledge of their lives to be able to anticipate their needs; act as their trusted advisor
• Proactively identify, communicate, and solve clients’ questions
• Leverage internal and external resources on behalf of clients; steer client needs to completion through the organization and partner with external contacts as needed
• Proactively own projects related to existing and prospective client relationships, including onboarding and transition management
• Work closely with the Investment Team to develop an overall investment strategy based on the client’s risk/reward profile, objectives, and tax status; determining appropriate asset allocation and portfolio construction; and advising on concentrated stock positions, low-cost basis holdings and potential diversification strategies
• Stay abreast of and communicate market shifts and investing strategies, new investment opportunities, statutory requirements, tax laws, etc.
• Leverage and coordinate specialists and advisors to provide interdisciplinary expertise for client needs
• Advise families on integrated financial, tax, and estate planning strategies, including structuring wealth transition and legacy frameworks to preserve capital, optimize tax efficiency, and align long‑term family governance with philanthropic and succession objectives
• Proactively own and execute projects and logistics related to client portfolios including all areas of client’s wealth profile across investment management, wealth transfer, tax planning, insurance, and consolidated reporting

Benefits

• Comprehensive, competitive benefits
• Highly individualized employee experience that enables you to balance your commitments to career, family, and community
• Organization that cares about your unique talents and passions, and will continue to invest in the development of your career

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed