What are the responsibilities and job description for the Private Banker position at ELCO Consulting?
COMPANY DESCRIPTION:
Our client is a newly formed, well capitalized multi-family office with headquarters in NYC. Employees of this firm work in the office 3 days per week on average.
JOB DESCRIPTION:
Our client is seeking an experienced and detail-oriented Client Advisor to take primary day-to-day
responsibility for managing the investment activity of one of the anchor family clients. This role will
involve actively monitoring and coordinating all aspects of the client’s investment portfolio, tax strategy, liquidity planning, and investment-related administration. While initially the candidate will focus exclusively on one anchor family, the expectation is that over time each of the Client Advisors will become familiar with all anchor families in order to provide team collaboration and best practices across the client base.
JOB REQUIREMENTS:
-At least 5 years of experience working for a wealth management firm, multi-family office, single family office, or other financial services firm advising UHNW families with sophisticated, complex investment portfolios.
-Undergraduate degree required; preference for candidates with advanced degree or relevant professional certifications (CFA, CFP etc)
-Experience monitoring and/or coordinating multi-asset portfolio management, private
investments, and alternative assets.
-Experience coordinating with investment managers, legal teams, tax advisors, and fund
administrators.
-Familiarity with investment-related entity structures, including trusts, LLCs, and private
partnerships.
-Exposure to investment documentation, fund agreements, and financial structuring.
Salary : $150,000 - $200,000
