Overview
Fiduciary Trust International is hiring a Portfolio Manager to join our Lincoln, MA office as part of our Advisory Solutions Group (ASG). ASG provides investment advisory and management services to a limited group of ultra-high-net-worth individuals, family offices, and non-profits. Working in partnership with our clients, ASG serves as their outsourced family office, extension of an existing family office, or as an outsourced CIO. ASG provides access to investment strategies and techniques used by the largest and most sophisticated institutional investors. Many of our clients are themselves professional investors. We invite the most complex and challenging situations.
Responsibilities
* Ownership of all aspects of managing multi-asset class, multi-manager client portfolios, with a particular focus on asset allocation, portfolio construction and implementation, and ongoing management and monitoring
* Develop and implement client specific investment strategies to align with client profiles and investment objectives. Document client specifications and guidelines appropriately within client IPS documents, reviewed annually and updated as needed in conjunction with client.
* Ongoing monitoring of client portfolios and positioning to determine alignment with targets as well as any potential investment shifts based on changing client factors, market opportunities, and/or new manager opportunities.
* Assess and analyze portfolio returns and risk to rebalance as needed on an after-tax basis. Utilize proprietary quantitative analysis tools and models to monitor risk and positioning.
* Work in close collaboration with fellow Portfolio Managers, Investment Associates, investment research colleagues, performance reporting team, and other members of the firm.
* Active participation in the ASG Investment Committee meetings and daily market research meetings. Share relevant client situations with peers to enhance solutions and outcomes.
* Manage and oversee a highly customized dedicated book of business.
* Maintain high level of communication with clients beyond and in between quarterly meetings. Share market developments, new opportunities, articulate current economic and market views, outlook, portfolio positioning and construction.
* Highly responsive to client inquiries, needs and requests. Complete special projects for clients with assistance from greater team.
* Supervise preparation of quarterly client performance reports and supplementary materials as well as overall preparation for client meetings.
* Lead the execution of client meetings. Provide clients with an understanding of the investment strategy and return attribution for their portfolios. Develop an understanding of client specific preferences related to reports and analyses.
* Articulate the firm’s overall capabilities, philosophy, and approach, including asset allocation, alternative assets, and related manager selection processes.
* Work with business development teams to cultivate new business for the firm. Foster client additions by providing added value and building strong relationships.
Qualifications
* Advanced degree and certifications preferred (i.e. CFA, CFP and/or MBA)
* Series 7 license preferred
* 10 + years’ portfolio management experience (required)
* Experience serving as a Portfolio Manager and Relationship Manager, working with a team to provide excellent service to clients to include ultra-high-net-worth individuals, family offices, foundations, and endowments
* Deep knowledge of the investment industry along with ability to analyze, interpret and present statistics in written and oral presentations
* Ability to understand and articulate more complex investment strategies and structure, including hedge funds, private equity and private real estate
* Excellent analytical skills and strong attention to detail
* Willingness to travel to various client and business locations
* Willingness to assist in many areas of dynamic, growing business
Learn More
* Fiduciary Trust International LinkedIn Company Page
* The Story of Fiduciary Trust International
Compensation
Compensation: Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non-monetary — designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. We expect the base salary for this position to range between $180K - $240K depending on level of relevant experience, plus discretionary bonus.
Equal Opportunity
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. If you believe that you need an accommodation or adjustment, due to a medical condition or disability, to search for or apply for one of our positions, please send an email to accommodations@franklintempleton.com.
Details
* Seniority level: Director
* Employment type: Full-time
* Job function: Finance
* Industries: Financial Services and Investment Management
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