Private Wealth Associate

AllianceBernstein • Los Angeles, CA

1d • $76,000 - $88,000

About The Position

Bernstein Private Wealth Management advises high-net-worth and ultra-high-net-worth clients. Private Wealth Associates partner with Financial Advisors to support the growth of the Private Wealth Management platform and provide client service. The role includes contributing to asset allocation recommendations, capital markets positioning, portfolio analytics, and wealth and legacy planning for individuals and families.

Associates collaborate with senior professionals across the firm, support Financial Advisors with portfolio analysis, account creation and maintenance, and meeting preparation, and build relationships with clients and prospective clients to understand and address their servicing needs. They are expected to provide a high level of customer service.

Associates take part in the Associate Development Program (ADP), a comprehensive training program designed to build investment knowledge and develop quantitative, qualitative, communication, leadership, and professional skills. Training covers proprietary investments, services, policies and procedures; trusts and estates; wealth planning; investment management; financial management strategies; client service; partnership and sales; career management; coaching; and specialized skills. Career paths may include client service, leadership, wealth strategies, investment strategies, or becoming an Advisor. Associates typically progress to other opportunities after approximately three years, as milestones and core competencies are achieved.

The role is based in Los Angeles, California. The stated base annual salary range is $76,000–$88,000. Total compensation may also include, depending on eligibility, benefits, commissions, year-end incentive compensation, and other incentives.

Requirements

• Bachelor's degree with excellence in academics.
• Strong analytical skills.
• Strong written and verbal communication skills and an ability to build relationships.
• Ability to work effectively as a team player in a rigorous and challenging environment.
• Client-focused and detail-oriented approach.
• Strong 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.
• Existing licenses, including SIE, Series 7, or Series 63; the firm will sponsor required series exams.

Responsibilities

• Partner with Financial Advisors to support business growth and provide service and support functions.
• Provide portfolio analysis and assist with account creation and maintenance.
• Prepare for client and prospective-client 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.
• Participate in the Associate Development Program and develop investment, client service, communication, leadership, and other professional skills.

What This Job Offers

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