Managing Director, Wealth Management Team (Beverly Hills, Silicon Valley)

Masterworks

$300K — $500K+*
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of experience in financial advising, private banking, or alternative investments
  • Proven track record with UHNW and HNW clients
  • Strong understanding of portfolio construction and alternative asset allocation
  • Exceptional interpersonal skills for building trust with sophisticated investors
  • Results-driven with a competitive mindset for closing business
  • Comfortable in high-touch, relationship-driven environments
  • Series 65 license required (or ability to obtain)

Responsibilities

  • Launch and lead a private wealth team of 2-4 advisors
  • Manage the operational aspects of an art gallery
  • Attend and facilitate evening events to engage with clients
  • Accountable for raising $2-4 million or more per month
  • Conduct client entertainment through in-person meetings or events

Benefits

  • Daily catered lunches
  • Free admission to art museums and galleries
  • Comprehensive health, dental, and vision coverage
  • Paid parental leave and PTO
  • 401k with employer matching
  • Commuter benefits and company outings
Full Job Description
Role Overview

As 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)

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