Wealth Management Associate

Morgan Stanley • West Des Moines, IA

10d

About The Position

The Wealth Management Associate is often the first point of contact for clients seeking account servicing, financial planning, and investment portfolio support. Working under the direction of a Financial Advisor or Private Wealth Advisor, the associate combines relationship management, marketing skills, and product knowledge to cultivate long-term client relationships. The role works across the advisory team and firm to respond promptly and accurately to client questions and concerns, and helps deliver a consistent, positive client experience by ensuring commitments are completed on time.

The associate supports client relationships and financial strategies, prepares reports and presentation materials, assists with business development and marketing, and coordinates events and client communications. The position also provides operational and practice-management support, collaborates with internal and external business partners, and may assign work to the team’s Client Service Associate. The role reports to the Business Service Manager.

Applicants must be legally authorized to work in the United States and must not require employment visa sponsorship now or in the future.

Requirements

• At least 5 years of work experience in a field relevant to the position.
• Active SIE, Series 7, and Series 66 licenses, or Series 63 and Series 65 licenses.
• Additional product licenses may be required.
• Enjoys working with people and solving problems.
• Effective written and verbal communication skills.
• Strong understanding of applicable compliance rules, regulations, and firm policies.
• Ability to work independently and effectively as part of a team.
• Leadership skills.
• Strong computer skills, including Microsoft Word, Excel, and PowerPoint.
• Detail-oriented, with strong organizational skills and the ability to prioritize tasks.
• Ability and interest in working in a fast-paced, evolving environment.
• Legally authorized to work in the United States without requiring employment visa sponsorship now or in the future.

Nice To Haves

• Four-year college degree or professional certification.
• Knowledge of the financial industry and investment products.

Responsibilities

• Establish and cultivate trusting relationships with new and existing clients, helping them understand investments and planning strategies with guidance from team members as needed.
• Assist Financial Advisors or Private Wealth Advisors in developing and delivering financial and investment strategies aligned with clients’ goals and concerns.
• Lead team-wide efforts to organize, streamline, and improve the client experience, emphasizing value, service, and attention to detail.
• Use the firm’s financial planning tools to analyze complex financial information and lead presentations in partnership with Financial Advisors or Private Wealth Advisors.
• Prepare client performance reports and other data, including account performance evaluations, portfolio holding analyses, and quarterly investment performance monitors.
• Educate clients about products and services offered by the firm.
• Develop presentation materials and proposals to support new business opportunities.
• Participate in or conduct client meetings with or on behalf of Financial Advisors or Private Wealth Advisors, as appropriate.
• Work with clients on executing orders in Brokerage and Advisory accounts.
• Assist clients with market and stock research.
• Design and produce strategy reports and other communications for use with clients and prospects as part of marketing initiatives.
• Conduct quarterly or annual business performance reviews in partnership with the Financial Advisor or Private Wealth Advisor.
• Organize, market, and set up events, webinars, and seminars in collaboration with the Financial Advisor or Private Wealth Advisor.
• Develop customized presentation materials and manage performance measurements on existing accounts to market to and attract new clients.
• Collaborate with the Financial Advisor or Private Wealth Advisor to develop business plans and marketing strategies, which may include targeted events and customized seminars.
• Develop, implement, and communicate enhanced service protocols and new procedures, products, and portfolio enhancements to existing clients.
• Identify and implement practice-management opportunities by working with departments across the firm.
• Coordinate enrollment campaigns and meetings for existing clients.
• Assign work to the team’s Client Service Associate as appropriate.
• Cultivate and develop relationships with internal and external business partners.
• Provide tailored recommendations to the Financial Advisor or Private Wealth Advisor concerning client situations and potential opportunities.
• Participate proactively in firm initiatives directed by local management.

Benefits

• Morgan Stanley states that it offers comprehensive employee benefits and perks and support for employees and their families throughout their work-life journey.
• Opportunity to move among areas of the business for employees who demonstrate passion and commitment.

What This Job Offers

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