Portfolio Advisor at Northern Trust

Phoenix, Arizona, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Wealth ManagementIndustries

Requirements

5 or more years of investment experience

Responsibilities

Manages investment activities for fee revenue producing accounts, representing investment oversight on large and sensitive high net worth individuals and families, trust appointments, and court appointed accounts
Manages accounts that often require complex decision making or special handling (e.g., nature of relationship, size/type of assets managed, sensitive client issues, fiduciary requirements, understanding tax considerations, multi-generational structures, and coordinating shared authority with outside attorneys/consultants/trustees)
Develops, recommends, and directs the execution of investment programs designed to achieve investment objectives for accounts or family relationships. Reviews and analyzes investment portfolios to develop the appropriate asset allocation and select underlying investment strategies with an understanding of the clients/beneficiaries preferences
Ascertains the purpose or intentions of the trust/agency agreement and the level of investment authority granted to the trustee/agent. Analyzes and plans the overall investment strategy of the trust/agency account(s) with continuous revision of account objectives in the context of client needs
Sources new business leads and opportunities from clients, COIs, community engagement, and personal network. Performs financial or investment analysis on specific individual assets or portfolios, as needed
Maintains extensive and regular contact with personal trust relationship managers, clients, co-trustees, consultants, the bank’s legal area, and outside attorneys to ensure communication of trust/agency requirements and coordinate investment portfolio activity
Maintains a current awareness of new investment strategies and instruments through regular contact with the investment research team and other industry professionals, as well as through personal research
Functions as senior staff member and/or technical expert on a peer review team providing regular review of portfolio activities, and in the investment management oversight process. Serves on standing investment services committees and on ad hoc unit committees as appropriate
Direct participant in the development of new investment business with Private Client Services team, Wealth Strategists, and Managing Director by preparing, developing, and delivering presentations that include GDWM, investment proposals, market/investment outlooks, and discussions on personal investment services with prospects, COIs, and leads
Ensures the completion of all training curriculum, compliance reporting, and investment trade processing is handled timely, with sense of care and accuracy on assigned accounts