Role OverviewAs a
Managing Director for Masterworks Advisers, you will be responsible for:
- Launching a private wealth team of 2-4 advisors within your city
- Overseeing an art gallery which the private wealth team operates out of, with art by artists like Banksy, Basquiat, and others rotating through it
- Leading and attending an event every evening, from 4pm-7pm, which Masterworks will deliver prospective clients to
At the daily events, you and your team will meet around ~20 prospects per day in-person at the gallery, educating them on multi-million dollar art, and the benefits of allocating to this new asset class. You will be based in either Beverly Hills or Silicon Valley.
Key Responsibilities- Fundamental management (hiring and coaching) of 2-4 financial advisors and a gallery manager
- Capital raising accountability of $2-4mm+ per month
- Attend evening gallery events at 4pm, 5pm, and 6pm M-F to meet UHNW clients that our marketing team has invited to the gallery
- Client entertaining with in-person breakfasts or lunches, or at events
Required- 10+ years of experience in financial advising, private banking, or alternative investments, or similar relationship-driven roles
- Proven track record of building new relationships and managing long-term relationships with UHNW and HNW clients
- Strong understanding of portfolio construction and alternative asset allocation
- Exceptional in-person interpersonal skills with the ability to establish trust and credibility with sophisticated investors
- Results-driven, competitive mentality with demonstrated ability to close business
- Comfort operating in high-touch, relationship-driven environments
- Ability to work 11am - 7pm M-F
- Series 65 license from FINRA (or ability to obtain)
Preferred- Experience with alternative investments (art, private equity, real assets, or hedge funds)
- Strong interest in contemporary art and cultural markets
- CFP, CFA, or similar credentials (not required)
Benefits include:Daily catered lunches • Free admission to art museums and galleries • Health, dental, and vision coverage with FSA options • Paid Parental Leave • PTO • Paid Company Holidays • 401k • Commuter Benefits • Happy hours, company outings, and more
Compensation: $300k-$1mm (base salary + commission)