Position Title: High Net Worth Portfolio Manager
We are seeking an experienced High Net Worth Portfolio Manager to oversee investment portfolios for high-net-worth and ultra-high-net-worth clients at an established, privately owned financial services firm in Providence, Rhode Island. This role will be responsible for developing investment strategies, managing asset allocation, monitoring portfolio performance, and providing personalized financial guidance. The Portfolio Manager will also work closely with ownership, trust officers, and financial professionals to strengthen investment operations and support long-term client relationships.
The ideal candidate is a seasoned investment professional with extensive portfolio management experience, strong knowledge of financial markets, and a deep understanding of fiduciary responsibilities. They are confident discussing investment strategies with senior leadership, thrive in a collaborative environment, and bring a hands-on approach to managing sophisticated client portfolios.
Salary Range: $135,000 - $180,000 / annually, DOE
Responsibilities - Manage investment portfolios for high-net-worth and ultra-high-net-worth clients, including equities, fixed income, and alternative investments
- Develop and implement customized investment strategies based on client objectives, risk tolerance, and tax considerations
- Oversee asset allocation, portfolio diversification, and investment selection to optimize long-term performance
- Monitor portfolio performance, evaluate market conditions, and adjust investment strategies as needed
- Provide investment guidance and communicate portfolio strategies, market insights, and performance directly to clients
- Collaborate with trust officers, attorneys, and tax professionals to coordinate comprehensive wealth management strategies
- Ensure investment decisions align with fiduciary responsibilities, trust requirements, and clients' best interests
- Partner directly with ownership to discuss investment opportunities, portfolio theories, and income-generating strategies
- Support the development of internal investment management capabilities and mentor junior investment professionals
- Strengthen client relationships, support retention efforts, and identify opportunities for business growth
Requirements - 7-15+ years of portfolio management experience
- Proven experience managing investment portfolios for high-net-worth or ultra-high-net-worth clients
- Strong understanding of investment management, asset allocation, portfolio construction, and financial markets
- Demonstrated knowledge of trusts, fiduciary responsibilities, and tax-efficient investment strategies
- Proven track record of managing sophisticated investment portfolios and delivering sound investment recommendations
- Ability to communicate complex investment strategies and portfolio theories clearly to clients and senior leadership
- Strong analytical, decision-making, and relationship management skills
- Hands-on, collaborative approach with the ability to manage a broad range of responsibilities
- Proficiency in Microsoft Office Suite, including Word, Excel, and Outlook
- Bachelor's degree required
- CFP or CFA designation preferred
- Experience with SEI Trust 3000 and/or SWP trust accounting systems preferred
- Ability to work onsite in Providence, Rhode Island
Benefits - Comprehensive medical insurance with employer contributions
- Dental and vision insurance options
- 401(k) retirement plan with a 4% employer match
- Additional profit-sharing contributions after one year of employment
- 20 days of paid time off
- 3 paid sick days
- Performance-based bonus opportunities
- Free onsite parking
- Stable, privately owned organization with a collaborative and supportive work environment
- Casual dress code and a flexible weekday schedule
- Opportunity to take ownership of investment management responsibilities and contribute to the firm's long-term success
If you are an accomplished Portfolio Manager who values autonomy, meaningful client relationships, and the opportunity to make a lasting impact within an established financial services firm, we encourage you to apply!
#LI-KJ1
