Wealth Management Associate

Morgan Stanley•Toms River, NJ

4d•$90,000 - $130,000

About The Position

Wealth Management Associates provide exceptional client service and support Financial Advisors, Private Wealth Advisors, and their teams. As senior members of service teams, they build trusted relationships through regular client interactions and a client-first approach. The role supports the delivery of an exceptional client experience and may include digital marketing, portfolio holdings and proposal tools, and financial planning. The Associate provides client-service coverage, helps maintain and enhance client relationships, prepares for meetings and tracks follow-ups, and ensures service functions are completed on time. The role also supports business planning and marketing execution, prepares client reports or financial plans using firm-approved systems, and may assist with research. Associates may participate in client or prospective-client meetings, firm initiatives, and special projects.

Requirements

Strong leadership skills.
Knowledge of financial services products, including equities, bonds, options, mutual funds, annuities, insurance, and managed accounts.
Technical proficiency and ability to learn new and updated platforms quickly.
Attention to detail, superior organizational skills, and ability to prioritize.
Expert knowledge of basic personal computers, Microsoft Office (particularly Excel), and internet applications.
Exceptional writing, interpersonal, and client-service skills.
Strong time-management skills.
Ability to collaborate with others as a team player.
Ability to work in a fast-paced, evolving environment.
Adaptability and ability to multitask.
Goal-oriented, self-motivated, and results-driven.
Must be legally authorized to work in the United States and must not require employment visa sponsorship now or in the future.

Responsibilities

Cultivate relationships with internal and external business partners and colleagues.
Support Financial Advisors, Private Wealth Advisors, and their teams in enhancing new and existing client relationships and delivering an exceptional client experience.
Help deliver the team's client service model, including preparing for regular meetings and tracking follow-ups.
Ensure client service functions are performed in a timely manner and assign daily work to team members as needed.
Provide backup coverage for Client Service Associate responsibilities when requested, including money movement transactions, general non-investment account questions, digital-tool education or enrollment, and clerical entry of unsolicited or solicited orders.
Stay current on policies, procedures, and platforms, and share reminders and best practices with other service team members.
Assist the team in organizing and executing its business plan, working with stakeholders such as Practice Strategy Consultants and Branch Management.
Execute administrative elements of digital and in-person marketing strategies at the team's direction, including conferences, seminars, webinars, websites, social media, and regular email connectivity.
Prepare and review client reports or financial plans for existing or prospective clients using firm-approved systems, when requested.
Assist with research using firm-approved systems when requested.
Participate in existing-client or prospective-client meetings when requested, representing the service perspective.
Participate in firm initiatives, training or education programs, special projects, and other duties directed by local management.

Benefits

Medical insurance
Prescription drug coverage
Dental insurance
Vision insurance
Health Savings Account
Dependent Day Care Savings Account
Life insurance
Disability and other insurance plans
Paid time off, including sick leave consistent with state and local law
Parental leave
10 paid holidays
401(k)
Short- and long-term disability
Other employee perks
Potential eligibility for an annual discretionary incentive compensation award and business-unit incentive compensation plan