POSITION SUMMARY:The Portfolio Management (PM) Associate is an integral member of a Wealth Management team who assists Financial Advisors / Private Wealth Advisors with developing financial plans and investment strategies based on client goals. The Portfolio Management Associate creates a consistent and positive client experience to help ensure all commitments are completed and delivered in a timely manner. This role requires an in-depth understanding of market conditions, trends and overall economic outlook in order to provide both client and portfolio management support to the team.DUTIES and RESPONSIBILITIES:Portfolio Management & Business Development:Makes asset allocation recommendations to the group and sets up the portfolio in conjunction with the Financial Advisor / Private Wealth AdvisorProactively evaluates and upgrades platforms for the Portfolio Management Group; implements decisions by using the LYDIA trading platformDetermines scope of and performs necessary database and internet research, screenings, and produces monthly or quarterly reports using proprietary softwareCritically examines current holdings to evaluate if portfolio action is warrantedAttends research meetingsClient Support:Regularly meets with clients to discuss investment strategy options and perform market reviews with or on behalf of the Financial Advisor / Private Wealth AdvisorManages clients' estate, trust, retirement, and insurance objectives with the Financial Advisor / Private Wealth AdvisorScreens new client prospects that are developed through leads and referrals to determine suitability for addition to groupDevelops marketing and seminar material and helps distribute targeted presentations to clients on behalf of the Financial Advisor / Private Wealth AdvisorEDUCATION, EXPERIENCE, KNOWLEDGE, and SKILLS:Education and/or Experience2+ years of experience in a field relevant to the position requiredFour-year college degree or professional certification preferredActive Series 7 (GS) and Series 66 (AG/RA) or Series 63 (AG) and Series 65 (RA)Additional product licenses may be requiredKnowledge/SkillsEnjoys working with people and solving problemsEffective written and verbal communication skillsProficient in applicable software applicationsKnowledge of financial industry and investment products preferredSuccessful completion of Portfolio Management Coursework or holds the CFA designationStrong understanding of applicable compliance rules, regulations and firm policiesDetail-oriented with superior organizational skills and ability to prioritize tasksAble to work independently and effectively on a teamAbility and interest in working in a fast-paced, evolving environmentReports to:Business Service OfficerMorgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
