Private Wealth Associate

AllianceBernstein LP • Los Angeles, CA

1d • $76,000 - $88,000

About The Position

Bernstein Private Wealth Management is seeking a Private Wealth Associate to partner with Financial Advisors and support the growth of its private wealth management platform. Associates help advise high-net-worth and ultra-high-net-worth clients and families through asset allocation recommendations, capital markets positioning, portfolio analytics, and wealth and legacy planning. The role includes client service, business support, and relationship-building responsibilities, working collaboratively with Advisors and other senior professionals across the firm.

Associates participate in the Associate Development Program (ADP), a comprehensive training program designed to build investment knowledge and the quantitative and qualitative skills needed for long-term career success. Training covers proprietary investments, services, policies and procedures; trusts and estates, wealth planning, investment management philosophies, and financial management strategies; client service, partnership and sales; and communication, leadership, career management, coaching, and specialized professional skills. Associates may pursue future opportunities in client service, leadership, wealth strategies, investment strategies, or as Advisors. As Associates demonstrate core competencies and achieve milestones—typically over approximately three years—they may advance to other opportunities at Bernstein Private Wealth Management.

Bernstein Private Wealth Management takes a holistic approach to advising high-net-worth clients, offering a network of resources tailored to clients’ values and needs. It is a business unit of AllianceBernstein, which has 4,400 employees across 51 locations in 25 countries and more than $700 billion in assets under management. The position is located in Los Angeles, California. The stated base annual salary range is $76,000–$88,000; actual salary may vary based on education, training, experience, past performance, and other job-related factors. Total compensation may also include eligible benefits, commissions, year-end incentive compensation, and other incentives.

Requirements

• Bachelor’s degree with academic excellence.
• Strong analytical skills.
• Strong written and verbal communication skills.
• Ability to build relationships.
• Team-oriented approach and ability to thrive in a rigorous, challenging environment.
• Client-focused and detail-oriented approach.
• Ability to multitask and work under pressure in a fast-paced atmosphere.
• Proficiency in Microsoft Word and Excel.

Nice To Haves

• One to two years of client service experience.
• Financial services industry experience.
• SIE, Series 7, or Series 63 licenses; the firm will sponsor required series exams.

Responsibilities

• Partner with Financial Advisors to help build their business and provide service and support.
• Conduct portfolio analysis and assist with account creation and maintenance.
• Prepare for client and prospect meetings.
• Build relationships with clients and prospective clients to understand and support their servicing needs.
• Provide a high level of customer service and support.
• Collaborate and network with senior professionals throughout the firm.
• Support clients with asset allocation recommendations, capital markets positioning, portfolio analytics, and wealth and legacy planning.

What This Job Offers

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