What are the responsibilities and job description for the Relationship Associate - Investment Management (Greater Philadelphia Area) position at Franklin Templeton Investments?
Fiduciary Trust International is a premier investment and wealth management firm with a commitment to growing and protecting wealth across generations. We offer a dynamic and collaborative approach to managing wealth for high-net-worth and ultra high-net-worth individuals and families, family offices, endowments, foundations, and institutions. Unlike other firms, our investment managers, tax and estate planning professionals work together to develop holistic strategies to optimize clients’ portfolios while mitigating the impact of taxes on their wealth. As a fiduciary, the guidance we provide is always in the best interests of our clients, without conflict or competing benefits. We offer boutique customization and deep expertise in specialized investment, tax and planning strategies alongside sophisticated technology and custody platforms.
Fiduciary Trust International is owned by Franklin Templeton, a diversified firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you’ll get exposed to different cultures, people, and business development happening around the world.
Position Summary: Our Radnor, PA office, approximately 30 minutes outside of Philadelphia, is hiring a Relationship Associate (RA) to join our office of approximately 50 investment and trust professionals. The RA provides support to our Portfolio Managers and interacts with clients on a regular basis, managing ongoing client deliverables while serving as an integral member of the client team.
What are the ongoing responsibilities of a Relationship Associate (Investment Management)?
Frequent interaction with clients, servicing clients’ accounts, including:
- Setting up regular remittances and gifts; responding to account-related questions (investment and non-investment related),
- On-going client service/account maintenance inclusive of investment objectives, compliance letters, regular distributions, cost basis, gain/loss reporting, research reports
- Opens and closes client accounts, including contract preparation and account funding
- Ensures cash is available to process periodic and recurring client requests such as checks, cash transfers, and gifts and tax payments in an efficient and timely manner. Reviews and resolves overdrafts
- Works with Investment Officers / Portfolio Managers to prepare meeting presentations for current and prospective clients as well as quarterly reports
- Assists Officers with preparation of investment programs and follows up with clients
- Resolves issues regarding trades, tender offers and other corporate actions
- Supporting professional staff with various administrative requests
What ideal qualifications, skills & experience would help someone to be successful?
- Bachelor’s degree
- 3 – 7 years’ experience in financial services required, preferably with an investment management or wealth management firm. Must have a solid foundation of investment knowledge. Trust knowledge preferred.
- Knowledge of various investment and trust systems preferred
- Strong verbal and written communication skills and interpersonal skills; must be able to effectively communicate with Senior Portfolio Managers and sophisticated clients
- Demonstrated ability to provide courteous and professional service to clients; must be client-service oriented with strong relationship management skills
- Excellent organization and prioritization skills
- Proficient in Microsoft Office (Excel, PowerPoint)
- Detail-oriented with an ability to effectively multi-task
- Ability to work from our Radnor, PA office five days per week
Compensation Range: Along with base compensation, other compensation is offered such as a discretionary bonus, 401k plan, health insurance, and other perks. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Franklin Templeton, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. We expect the base salary for this position to range between $70,000 - $85,000.
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The Story of Fiduciary Trust International
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Experience our welcoming culture and reach your professional and personal potential!
Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there’s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.
By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life’s adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.
Learn more about the wide range of benefits we offer at Franklin Templeton
- Most benefits vary by location. Ask your recruiter about benefits in your country.
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.
Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation or adjustment to search for or apply for one of our positions, please send an email to
accommodations@franklintempleton.com
. In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.Salary : $70,000 - $85,000
