Institutional Consultant

Challenge your thinking and build an amazing career with the best people in the financial services industry! Baird’s Financial Advisors provide advice, strategies, and solutions to high-net worth individuals and families across the United States, serving as true partners. True wealth management goes beyond managing investments. At Baird, we understand it begins with learning all we can about what our clients want for themselves and their families. We work closely with them to prioritize their goals, utilizing Baird’s resources and expertise to create a tailored plan to ensure success as they’ve defined it. Our 1,700 private wealth associates serve clients coast-to-coast from over 160 locations in over 33 states. We have been recognized on Barron’s Top Wealth Management Firms for 10 consecutive years and hold over $255 billion in client assets. Check out this video to learn more about our Private Wealth Management business.

The Institutional Consultant is a client-facing role that provides investment advice to institutional clients, predominantly endowments, foundations and Native American and Alaska Native communities on the determination of investment objectives, establishment of investment policy, selection of investment managers, and the monitoring of portfolios.

Responsible for cultivating new/existing relationships with institutional clients with investable assets of $25M or more and proactively helps to resolve issues and concerns. Conducts quarterly/annual portfolio performance reviews and responds to client’s ad hoc requests. Provides support on products and services and directs consulting projects.

Must be located in a city with a major airport and close proximity to a Baird branch location.

• Present (in person or virtually) regular updates on capital markets and investment performance to executive-level committees and other stakeholders.
• Present and respond to investment committees throughout the RFP process.
• Be responsible for construction of portfolio recommendations and evaluate client portfolios focusing on generating optimal risk/return characteristics, investment strategies and their impact for large and jumbo market clients.
• Independently assist institutional clients with market and stock research.
• Coordinate the resolution of complex issues/concerns received from the institutional client.
• Develop relevant offerings leveraging existing internal capabilities.
• Present at events to highlight Baird’s capabilities.
• Develop and maintain a thorough understanding of the firm’s wealth management solutions and resources.
• Become uniquely adept at telling the Baird story in the community/with clients.
• Proactively identify and pursue new client relationship to grow and maintain a strong client base.
• Heavy focus on foundation, endowments, trusts, pension funds and non-profits.
• Coordinate and assist in the creation and reconciliation of quarterly reporting packages.
• Create RFP responses and board packages.

• Unique culture that values diverse backgrounds and perspectives while emphasizing teamwork and a strong sense of partnership.
• Team of associates passionate about achieving great results for clients and give back to the communities where we live and work.

• Minimum 10 years’ experience in investment consulting or related field.
• CFA designation required or actively pursuing CFA or relevant experience coupled with related industry credentials.
• Ability to confidently present to senior level executive and committee members.
• SIE, Series 7, Series 66.
• Additional product licenses may be required.
• Strong technical analysis skills and past manager analysis experience.
• Proficient in Microsoft Excel, Word, Powerpoint and Adobe Acrobat.
• Preferred experience with Morningstar Direct and other Market Data software applications.
• Ability to translate the impact of macro economic events on client portfolios.
• Financial industry and product knowledge.
• Knowledge of applicable compliance rules and regulations.
• Proficient in applicable software applications.
• Ability to interact and communicate effectively with colleagues and clients.
• Excellent written and verbal communication skills.
• Evidence of strong leadership skills or previous supervisory experience.
• Must be willing to travel.
• Experience in developing, reviewing and recommending improvements to investment policy statements.
• Knowledgeable of investment committee best practices and governance structures.

Compensation Information:

• $120,000-$170,000 annual salary*
• Bonus potential of up to 35% of base salary

• Compensation and bonus are commensurate with experience, performance, and/or firm profitability

Additional benefits include:

• Medical/Dental/Vision
• B/Well programs
• Competitive bonding leave
• HSA Contribution
• FMLA
• EAP
• 10 paid holidays and competitive PTO package
• Life and disability insurance
• Retirement – 401k match and profit-sharing
• Tuition Reimbursement

Accepting applications on a rolling basis.

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Baird is committed to inclusion & diversity for our clients, our associates and the communities where we live and work. This commitment stems from our culture of integrity, genuine concern for others and respect for the individual. We view inclusion & diversity as an ongoing journey – one of shared responsibility, continuous improvement and a focus on progress. We invite you to join us as we work together to foster an environment where diversity unites rather than divides us.