Job DescriptionAre you passionate about investing, building meaningful client relationships, and collaboration? Coldstream is seeking an experienced Portfolio Manager to join its NE Portland team and play a key role in shaping investment strategy, managing sophisticated client portfolios, and mentoring the next generation of investment professionals. This is an exciting opportunity to make a direct impact within an employee-owned firm that values thoughtful advice, exceptional client service, and long-term relationships.
We have a hybrid work environment, with team members working in our office three days per week (Tuesday through Thursday, 8:00-5:00) and then able to work remotely the other two days if they choose.
Specific responsibilities include:- Serve on the firm's Investment Strategy Group (ISG), providing input on strategic and tactical asset allocation guidelines for portfolios firm-wide, including:
- Conducting due diligence on separate account managers
- Researching a range of investment vehicles
- Making recommendations on which to include on the firm's list of recommended investments for use in client portfolios
- Client asset management, including development of investment policy statements and asset allocation recommendations, as well as implementation and ongoing management of client investment portfolios
- Oversee trading and rebalancing of client portfolios
- Develop operational processes and trading efficiencies
- Review and analyze portfolio returns and attribution to make recommendations for changes to portfolios
- Participate in client and prospective client meetings to answer portfolio-related questions, discuss Coldstream's investment philosophy, and share new investment opportunities
- Compose timely investment commentary for clients and client-facing team members
- Mentor and develop a team of Associate PM and Portfolio Administrator
Experience and Skills- A Bachelor's degree, preferably in finance or a related field
- The CFA designation
- 5+ years of experience in investment management and/or financial advisory services with the demonstrated ability to manage investment portfolios for client familiesThe desire to be client-facing and ability to communicate (verbally and in writing) with clients of varying levels of investment sophistication
- Experience with Bloomberg, Morningstar, and Tamarac or other portfolio rebalancing systems
- Proficiency with Microsoft Outlook, Word, Excel, PowerPoint, and CRM software
- Proven background in process development and efficiency enhancements
Job BenefitsIn terms of pay expectations, we assess each candidate individually based on their experience and qualifications and offer competitive compensation that reflects the value they bring to the team. Base pay typically starts between $160-200k.
As a Best Workplaces awardee, we pride ourselves on our collaborative and supportive culture. We've created a full benefits package that focuses on the growth, health, and wellness of our team members:
- Pay: Competitive base pay plus annual bonus
- Benefits: Fully paid premiums for medical/dental/vision, short-term and long-term disability, and life insurance
- 401(k): 100% company match up to 4% of your annual pay
- Stock: Opportunity to purchase equity and become an owner of the firm
- Paid Time Off: 20-28 days per year (increases with tenure) - plus 10 holidays and an extra paid day off each year to do volunteer work
- Career development: 100% training/certification/licensing/dues reimbursement plus a formal mentoring program
- Parking: heavily subsidized parking (you pay $36 per month) or transit pass
- Wellness reimbursement
- Paid Parental leave: 12 weeks paid for all new parents
- Paid sabbaticals every 10 years and anniversary bonuses every 5 years
