AllianceBernstein Holding LP

Manager

AllianceBernstein Holding LP$114K — $124K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Strong interpersonal, communication, and leadership skills
  • Ability to work independently under pressure and as part of a team
  • Bachelor's degree and Series 7 license required
  • 3+ years of managerial experience required
  • Knowledge of Private Wealth Management services and procedures

Responsibilities

  • Recruit, develop, and manage teams of Associates and Coordinators
  • Drive positive culture through engagement in investment knowledge and career development
  • Partner with Managing Directors and Wealth Advisors for business continuity
  • Implement procedures and department policies with teams
  • Liaise with leadership in other business units to enhance client results
  • Serve as a resource for Wealth Advisors on service inquiries
  • Manage operational and client risk through diligent communication
  • Review and approve transactions and exceptions

Benefits

  • Comprehensive employee benefits package
  • Opportunities for career development and advancement
  • Access to extensive resources and support teams
  • Engaging work environment focused on team culture
  • Opportunity to work with high net worth clients and complex financial products
Full Job Description
We are seeking a Manager of Client Services to join Bernstein's Private Wealth Management office in Los Angeles. This position is responsible for managing all aspects of Los Angeles's Private Wealth Management sales support and client service functions. Key responsibilities include the following:
  • Recruit, develop and manage multiple teams of Associates and Coordinators responsible for the support function of Wealth Advisors and their clients
  • Drive a positive culture through hands-on engagement with teams in areas such as investment knowledge, career development and feedback
  • Partner with the Managing Directors and Wealth Advisors to ensure continuity of business and client service excellence
  • Implement procedures and department policies with teams
  • Liaise with leadership in other business units (i.e. portfolio management, legal, operations, etc.) to drive results for clients
  • Serve as a resource to Wealth Advisors and teams regarding service-related inquiries and exceptions
  • Manage operational, firm and client risk through due diligence and effective communication
  • Review and approve various transactions and exceptions
  • Oversee resource distribution and headcount


Job Qualifications

Ideal candidate should have knowledge of the Private Wealth Management business (services, procedures, etc.). The ideal candidate also:
  • Possesses strong interpersonal, communication and leadership skills
  • Works well independently under pressure and as part of a team
  • Bachelor's degree and Series 7 license
  • 3+ years managerial experience


Desired Qualifications

Managers must become Series 24 licensed within six months of starting.

Department Description

Bernstein Private Wealth Management ("Bernstein"), also a subsidiary of AllianceBernstein L.P. (AB), provides advanced planning strategies and a wide array of investment management services to high net worth families, endowments and foundations, and institutions to help them reach specific financial objectives. Bernstein Private Wealth Management is distinguished among major wealth managers by its single focus and the resulting alignment of interests and accountability this brings to each client relationship. Bernstein's integrated approach allows the firm to tailor each client's portfolio, minimizing the effects of tax and volatility, with investment strategies that draw on AB's deep research expertise across asset classes and geographies.

Salary Disclosure

In accordance with applicable law, the minimum and maximum base annual salary for this role is as follows: Base Salary Range: $114,000 to $124,000. Actual base salaries may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base salary is just one component of total compensation at AB, which may include, depending on eligibility, benefits, commissions, year-end incentive compensation, and other incentives.

Los Angeles, California

About AllianceBernstein Holding LP

AllianceBernstein Holding L.P. is a global asset management firm that provides investment management and research services to institutional, high-net-worth and retail investors. The company offers a range of investment products and services, including mutual funds, hedge funds, separately managed accounts, and private equity funds. AllianceBernstein has a presence in over 20 countries and manages assets worth over $600 billion. The company is committed to delivering superior investment performance and providing innovative solutions to its clients.
Learn more about AllianceBernstein Holding LP
Market Cap
$3.4 billion
Industry
Net Income
$279.3 million
5 Year Trend
+11.7%
Revenue
$308.4 million
NASDAQ

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