Company Description: Pathstone is an independently operated partner-owned advisory firm, offering families, family offices, and select nonprofit institutions comprehensive family office services and customized investment advice. We seek to make a difference in the lives of our clients and their families and offer a holistic and clear path for professional and personal growth.
Pathstone has 14 locations around the country but operates as one office and one team. Applicants should be individuals who thrive on collaboration and are eager to work with a growing and diverse team.
Our team members are encouraged to pursue their passions by serving on a variety of committees within the firm covering a variety of interesting topics. We also offer LinkedIn Learnings to our team members for opportunities for personal and professional enrichment. Our talented people are our greatest asset; therefore, we offer a competitive, comprehensive and flexible benefits program that helps meet the challenging needs of our employees and their families. Pathstone’s generous benefits include comprehensive medical, vision, and dental coverage, flexible spending, flexible PTO, life insurance, education support, 401k plan, parental leave, and more.
Qualifications: Ideal candidates for this position will have: § Bachelor’s degree or equivalent; Master’s degree is desirable § CFA, CAIA, CIPM candidate or certification/charter holder is preferred § Series 65; Series 7 and 63 are desirable § 5+ years related experience § Knowledge of and commitment to ESG and sustainable/impact investing § Entrepreneurial mindset with a passion for achievement § Creativity and the ability to generate innovative solutions § Flexibility to adapt to change and a fast-paced work environment § Demonstrated understanding of investments, banking and trust concepts including, but not limited to: asset allocation on managed portfolios, brokerage accounts, portfolio reviews, deposit and loan solutions, basic trust and estate characteristics and identification of wealth planning opportunities § Strong client relationship management skills § Business development skills § Excellent written/verbal communication and presentation skills; possesses the ability to facilitate and deliver a compelling message with a high degree of credibility, sense of humor, and engaging/dynamic presentation style across a variety of audiences/settings § Self-motivated with a strong work ethic; commitment to excellence, organizational and time management skills; possesses the ability to analyze and prioritize large amounts of information.
Job Description: The Associate Director, Client Advisory, is responsible for supporting and leading select relationships with new and existing clients (including foundations, endowments, high-net-worth individuals and families) to build, preserve and manage their wealth. The Associate Director will help clients develop and manage a customized investment strategy aligned to their financial and values-based objectives as applicable. S/he will support team members in a variety of ways including, but not limited to, production and review of client facing materials, investment analysis (e.g. portfolio rebalancing and optimization), client communications and internal operational support according to company policies and procedures. The preferred candidate will possess a deep understanding of wealth management and investment advisory services, possess strong business development and service capabilities, and a genuine interest and commitment to the integration of Environmental, Social and Governance (ESG) and impact considerations in investing. They will engage with clients and team members in all stages of the investment advisory process including business development, onboarding, planning, implementation, and ongoing management.
Job Responsibilities: The Associate Director will work closely with Pathstone team members in Denver, New York and elsewhere to ensure high quality client service with a significant focus on sustainable and impact investing. The Associate Director will serve as the Team Leader for a select group of clients and serve in a client service coordination (CSC) role with senior team members supporting other clients. The CSC role includes coordinating with reporting, operations and tax/accounting personnel to ensure client needs are met in a seamless manner across functional departments. Specific responsibilities will include:
· Work collaboratively and proactively with team members to ensure positive client and team member experience, while coordinating and providing investment, administrative, operational, tax and planning support as needed
· Provide day-to-day oversight of client accounts and proactive client communications to ensure timely implementation of advice, as well as documentation of client interactions and advice provided
· Establish and maintain lines of communication with all client decision makers
· Oversee quarterly reporting process
· Assist with asset allocation, portfolio construction and rebalancing
· Help ensure meaningful integration of ESG/impact in all aspects of client relationship
· Review and respond to client requests for ad hoc reporting and other deliverables
· Follow all company policies and procedures and best practices including regarding client transactions, approvals, preparation for client meetings, report reconciliation, etc.
· Participate in investment reviews with clients to validate the clients' current investment objectives and suggest appropriate changes when necessary
· Actively cultivate and maintain relationships with external sources of new business
· Serve as a resource and discussion partner on thought leadership in the sustainable investment space
Location: Denver, CO is preferred.
Pathstone is committed to creating a diverse environment and is proud to be an equal opportunity employer.