Wealth Management Associate

Morgan Stanley • Purchase, NY

1d • $35,360 - $90,000

About The Position

Wealth Management Associates provide exceptional service to clients and support Financial Advisors (FAs), Private Wealth Advisors (PWAs), and their teams. As senior members of the service team, they build trusted relationships through regular client interactions and a client-first approach. The role supports client experience and business development, including digital marketing, portfolio holdings and proposal tools, and financial planning. It also provides backup coverage for certain Client Service Associate responsibilities and may involve assigning work to service team members as needed.

Requirements

• At least 5 years of work experience in a field relevant to the position.
• Active Series 7 (GS) license.
• Series 66 (AG/RA), or Series 63 (AG) and Series 65 (RA) licenses.
• 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.
• Strong attention to detail, organizational skills, and ability to prioritize.
• Expert knowledge of basic personal computers, MS 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 orientation, self-motivation, and results-driven approach.

Nice To Haves

• Four-year college degree or professional certification.
• Additional product licenses may be required.

Responsibilities

• Cultivate relationships with internal and external business partners and colleagues.
• Support the FA/PWA/team in enhancing new and existing client relationships through an exceptional client experience.
• Help deliver the team's client service model by preparing for regular meetings and tracking follow-ups.
• Ensure client service functions are completed promptly and assign work to team members daily when needed.
• Provide backup coverage for traditional registered or unregistered Client Service Associate duties when requested, including money movement transactions, answering general non-investment account questions, educating or enrolling clients in digital tools, and accepting or entering unsolicited orders or entering solicited orders in a clerical capacity.
• Stay current on policies, procedures, and new platforms, and share reminders and best practices with other service team members.
• Help the FA/PWA/team organize and execute its business plan in collaboration with stakeholders such as Practice Strategy Consultants and Branch Management.
• Execute administrative elements of digital and in-person marketing strategies at the direction of the FA/PWA/team, including conferences, seminars, webinars, websites, social media, and regular email communications.
• Prepare and review client reports or financial plans using firm-approved systems for existing or prospective clients when requested.
• Assist with research using firm-approved systems when requested.
• Participate in existing-client and prospective-client meetings at the request of the FA/PWA/team, representing the service perspective.
• Participate in firm initiatives, including training or education programs, special projects, and other duties directed by local management.

Benefits

• Comprehensive employee benefits and perks.
• Potential commission earnings, incentive compensation, discretionary bonuses, and other short- and long-term incentive packages, depending on the position.

What This Job Offers

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