Private Wealth Management Wealth Management Associate

Morgan Stanley•Boston, MA

9d•$68,000 - $120,000

About The Position

The PWM Wealth Management Associates provide exceptional service to our Private Wealth Advisor(s) (PWAs)/ teams on a daily basis. As senior members of the Private Wealth Management service team, through regular interactions with clients, individuals in this role build trusted relationships. Leading with a client first mindset, a successful candidate for this role will have strong interpersonal skills and their focus will be on delivering an exceptional client experience. In supporting Private Wealth Advisor(s) (PWAs)/ teams, this role will focus on assisting in areas such as leading the client on-boarding experience and ensuring administrative and operational tasks are handled with accuracy, efficiency and care. The role collaborates closely with team members to uphold our customized service model and provide seamless client experience that reflects our value and commitment to excellence.

Requirements

5+ years of work experience in a field relevant to the position required
Four-year college degree or professional certification preferred
Active Series 7 (GS), and Series 66 (AG/RA) or Series 63 (AG) and Series 65 (RA) required
Additional product licenses may be required
Strong leadership skills
Knowledge of financial services products, including but not limited to equities, bonds, options, mutual funds, annuities, insurance, and managed accounts
Technically proficient and quick learner of new and updated platforms
Detail oriented with superior organizational skills and ability to prioritize
Expert knowledge of basic personal computer, MS Office (particularly MS Excel) and internet applications
Exceptional writing, interpersonal and client service skills
Strong time management skills
Team player with the ability to collaborate with others
Ability to work in a fast-paced, evolving environment
Adaptable and ability to multi-task
Goal oriented, self-motivated and results driven

Responsibilities

Cultivating relationships with business partners and colleagues internally and externally
Supporting the PWA/team in enhancing new and existing client relationships by providing an exceptional client experience
Assisting the PWA/team in delivering against their client service model, including preparing for regular meetings as well as tracking follow-ups
Ensuring all client service functions are performed in a timely manner, assigning work to team members on a daily basis if/as needed
Providing Client Service Associate responsibilities at the request of the client and/or PWA/team, such as executing money movement transactions, answering general non-investment related questions concerning clients accounts, educating or enrolling clients in digital tools (e.g., MS Online), accepting or entering unsolicited orders and/or entering solicited orders in a clerical capacity
Remaining current on all policies, procedures and new platforms and sharing reminders and best practices with other service team members
Assisting the PWA/team in organizing around and executing against their business plan, partnering closely with other market stakeholders such as Practice Strategy Consultants and Branch Management
At the direction of PWA/team, executing against all administrative elements of digital and in person marketing strategies including conferences and seminars or webinars, websites, social media and regular email connectivity
At the request of the client and/or PWA/team, preparing and reviewing various client reports or financial plans from firm-approved systems for existing or prospective clients
At the request of the client and/or PWA/team, assisting with research using firm-approved systems
At the request of PWA/team, participating in existing client and/or prospective client meetings, representing the service lens
Participating in firm initiatives (e.g., training or education programs), special projects and/or other duties directed by local management