Four-year degree in Business, Economics, Accounting, or Finance
MBA preferred
10+ years as a portfolio manager in banking or securities
Knowledge of global equity and fixed income markets
Familiar with fiduciary principles and investment concepts
General understanding of tax code
CFA/CFP preferred; SIE, Series 7 required (or to obtain); Series 63, 65, or 66 required (or to obtain)
Responsibilities
Serve high net worth and institutional clients as Portfolio Manager
Conduct portfolio management and client service
Hold investment review meetings and business development calls
Develop investment objectives and plans for major client relationships
Invest assets according to policy guidelines to achieve returns
Collaborate with Trust Administration and Financial Consultants
Prepare and deliver professional presentations and communicate effectively
Benefits
Flexible work schedule: 4 days in Seattle office, 1 day remote
Access to a strong team with expertise in client communication and investment policy development
Opportunities to engage in business development and invest in client relationships
Professional growth through collaboration with seasoned Trust Administrators and Estate Planners
Commitment to ethical practices and maintaining client confidentiality
Full Job Description
About the Role:
Serves high net worth and institutional clients as Portfolio Manager within Baird Trust Company. Ongoing tasks include portfolio management, client service and investment review meetings, business development calls and serving on the Investment Committee.
This position offers flexibility with 4 days/week in our Seattle, WA office and 1 day remote.
The Impact You'll Make:
Serves high net worth and institutional clients within Baird Trust Company
Ongoing tasks include portfolio management, client service and investment review meetings, business development calls and serving on the Investment Committee
Develop satisfied clients through frequent contact for portfolios/relationships of a substantial size and complexity
Consult with major client relationships to develop investment objectives and implement a suitable investment plan and maintain an Investment Policy Statement for each relationship
Invest assets according to investment policy guidelines to deliver a competitive rate of return within the given level of risk
Working with Trust Administration interpret the intentions of the trust or agency agreement and build an investment policy to accomplish those objectives
Working with Financial Consultants/Relationship Managers, participate in the development of new business opportunities by meeting with prospects, preparing and presenting proposals for investment management
Keep informed of market trends and analyze the effect of these trends on client investment portfolios
Follow established investment policies and procedures including annual account reviews and working to minimize and/or document exceptions
Maintain awareness of new investment strategies, techniques and products through regular contact with other industry professionals and through internal and external research
Preparing and delivering clear, effective, and professional presentations. Communication skills and professional demeanor to interact with clients, prospects and all levels of management and colleagues within the firm. Providing appropriate recommendations for resolution of complex financial issues
Collaborate with Trust Administrators, Estate Planners and Financial Consultants/Relationship Managers to accomplish objectives
Work ethically and with integrity, including maintaining client and firm confidentiality
Interpret and apply policies and identify and recommend changes as appropriate
What You'll Bring to Baird:
Four (4) year degree in Business, Economics, Accounting, or Finance
MBA (preferred)
10+ years prior experience as a portfolio manager in a banking or securities industry, or an equivalent combination of education and experience
Knowledge of global equity and fixed income markets along with knowledge of global economic conditions
Familiarity with fiduciary principles and prudent investment concepts
General understanding of the tax code
Licenses/Certifications:
CFA / CFP preferred
SIE, Series 7 required - or ability to obtain
Series 63, 65, or 66 required - or ability to obtain
Compensation and Benefits:
$191,500 -$277,200 annual salary range
Bonus potential up to 50% of base pay
Compensation and bonus are commensurate with experience, performance and/or firm profitability
Check out our Total Rewards at Baird, which is a summary of our benefits and compensation
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About Robert W. Baird
Robert W. Baird & Co. is an employee-owned, international wealth management, capital markets, private equity, and asset management firm with offices in the United States, Europe, and Asia. Baird offers investment banking, institutional sales and trading, research coverage, corporate services, and wealth management. The firm has approximately 4,600 associates serving the needs of individual, corporate, institutional, and municipal clients and more than $305 billion in client assets as of December 31, 2020.
