Trust Portfolio Manager
About The Position
Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 90,000 households from our over 175 offices - and growing - nationwide. Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com. Our Sioux Falls, SD office has an exciting opportunity for a Trust Portfolio Manager! As a Trust Portfolio Manager, you will play a key role in maintaining client portfolios for our trust company. You will be responsible for executing investment strategies, monitoring performance, maintaining target allocations, and providing trading recommendations while ensuring compliance with account investment objectives. This role requires analytical skills, strong attention to detail, basic understanding of modern portfolio theory, and the ability to effectively communicate with peers about investments. This is a hybrid position (typically in-office 3 days per week). In the spirit of pay transparency, we are excited to share the base salary range for this position is $115,000.00 to $135,000.00, exclusive of bonuses and benefits. This role is also eligible to participate in the annual corporate bonus plan. We encourage you to apply and provide us with your compensation expectations when you do. We're big on open conversations, so, let's have one.
Requirements
- Bachelor's degree in finance, economics, business, or related field.
- Minimum 5 years of experience in trading or investment related role.
- Proficient in trading industry practices and portfolio performance measurement.
- Strong written and verbal communication abilities.
- Strong analytical and problem-solving capabilities.
- Detail-oriented with commitment to accuracy.
- Ability to work independently and manage multiple priorities.
Nice To Haves
- basic understanding of modern portfolio theory
Responsibilities
- Implement investment strategies aligned with account objectives.
- Monitor portfolio performance and risk metrics.
- Monitor portfolio drift and rebalance accounts as needed.
- Prepare and present portfolio performance reports.
- Meet with trust officers to review account specific investment strategies and performance.
- Maintain accurate records for investment decisions and related account activity.
- Provide basic investment insights to support team members with account reviews and administration.
- Report to investment committee.
- Assist with implementation of new processes and business standards.
- Support special projects as assigned.
Benefits
- Training and professional development
- Medical, dental and vision coverage (Available to full-time employees and their families)
- Health Savings Account (HSA) with employer contribution and Flexible Spending Accounts (FSA) for medical, dependent, and transit expenses
- Life and AD&D insurance – employer paid and voluntary options
- Short-term and long-term disability, workers compensation – employer paid
- 401k with match and profit sharing
- Wellness programs and resources
- Voluntary benefits, including pet insurance
- 18 days of paid time off (PTO), accrued annually (25 PTO days after 4 years of service)
- 12 paid holidays each year (10 pre-determined and 2 floating days)
- Paid parental leave and paid caregiver leave (Caregiver leave available after 6 months of tenure)
- Reimbursement for tuition, licensing, and other credentials (Available after meeting service requirements)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
