Portfolio Associate

Description

We are seeking a Portfolio Associate at our downtown Cleveland, Ohio wealth management firm. This position will provide comprehensive entry-level investment portfolio support to the Private Client Group and their clients. 

In this position you will:

Operations & Administration

• Develop knowledge of and utilize Tamarac Advisor View/Rebalancer, Addepar and other software systems to analyze and manage client portfolios
• Review and assist in maintaining client databases and investment policy information to uphold data integrity
• Develop intermediate knowledge of clients through reading internal CRM notes, studying client files, and collaborating with team members
• Organize and tracks client assignments to efficiently manage workload
• Assist with audit of client investment reports for accuracy and crafts impactful deliverables
• Use internal systems to manage work efforts and communicates effectively to drive consistent and professional client experiences
• Complete other duties as assigned

Portfolio Project Management

• Be responsible for investment portfolio construction, implementation of strategy, proactive portfolio oversight and centralized trading while maintaining the Clearstead Investment Philosophy
• Create firm level investment analysis or modeling to support sophisticated investment clients
• Organize and evaluate prospect investment data, contribute to the design of investment portfolio proposals, and collaborate  with team members in a positive and passionate manner to win new business
• Have interest and general knowledge of capital market dynamics and economic landscape, portfolio theory, market history and trends, and appreciation of individual investor behavioral traits
• Participate in Investment Research Committee meetings 
• Regularly communicate with Research Department on investment strategy

Client Service

• Communicate portfolio updates to assigned clients as needed and directed by Managing Directors
• Attend client meetings when requested by Managing Directors

Requirements

The successful candidate will have:

• Bachelor’s degree in Business Administration, Finance, Economics, or related field
• 1-3 years of investment and financial market experience within a professional services firm; experience within a financial services or wealth advisory firm a plus
• Strong interest in investments
• General familiarity with market history and trends
• Ability to work under pressure, organize and manage multiple priorities in a demanding environment where time management, attention to detail, follow-through and meeting deadlines are critical
• Demonstrated analytical skills
• Strong computer proficiency (e.g. Power Point, Word, Excel, Adobe and Outlook)
• Demonstrated client service skills
• Excellent interpersonal and communication skills, written and verbal
• Strong team player with the ability to interact with staff at all levels of the organization
• Commitment to company values

Clearstead is committed to building a culturally diverse workforce and strongly encourages applications from minorities and women.

We are an equal opportunity-employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability status, protected veteran status or any other characteristic protected by law.

The qualified candidate can expect:

• A flat, bureaucracy-free organizational structure that fosters creative thinking and involvement at all levels of the organization
• The opportunity to join a growing employee-owned firm that offers professional growth in an industry that is both dynamic and intellectually challenging
• An opportunity to work with institutions across the country
• A competitive base salary with an incentive bonus program
• 401(k) Savings plan with company contributions
• Health, Dental, Vision, and Long-term disability insurances
• Generous paid time off program

We are Clearstead…an independent institutional and wealth advisory firm in Cleveland, Ohio.

Our private clients are families, individuals, and related entities. Our institutional clients include retirement funds, endowments and foundations, higher educational institutions, and healthcare organizations. 

There’s a popular line at Clearstead, “There are no sharp elbows.” Employees have a voice in driving our success through our innovative, team-based approach. By empowering employees with rewarding careers, ownership, and valuing their perspectives we foster a culture of collaboration. This helps us attract and retain strong and motivated individuals.