What are the responsibilities and job description for the Senior Associate, Operations position at Hightower Advisors?
Our Story
Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of “well-th. rebalanced.” Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).
Your Future Team
Hightower’s Operations Department, a division of the Business Services & Operations Department strives to provide industry-leading support to our advisor teams.
You will report to the Manager, Operations and be self-motivated with a high attention to detail. To be successful in this role, you have a customer service attitude with the ability to think outside of the box in a fast-paced environment. An understanding of traditional Brokerage back-office Operations will serve you well.
What You’ll Do
You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.
Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of “well-th. rebalanced.” Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).
Your Future Team
Hightower’s Operations Department, a division of the Business Services & Operations Department strives to provide industry-leading support to our advisor teams.
You will report to the Manager, Operations and be self-motivated with a high attention to detail. To be successful in this role, you have a customer service attitude with the ability to think outside of the box in a fast-paced environment. An understanding of traditional Brokerage back-office Operations will serve you well.
What You’ll Do
- Open and close client accounts on multiple custodial systems
- Process account maintenance requests on multiple custodial systems
- Outgoing cashiering review and approvals
- Various Transfer of Assets processing including, ACATs, DTC Gifting and DRS Transfers
- Daily review, research and settlement of issues
- Provide support for any additional paperwork processing and questions
- Periodic/standing plan establishment and maintenance
- Special projects as needed
- Series 7, 63/65 or 66, 24 required
- Minimum three years branch operations and/or client service experience
- Experience working with high-net-worth advisors/representatives
- Experience with margin, options, fixed income and managed accounts
- Experience working across a broad aspect of broker/dealer operations including account establishment and maintenance, cashiering, ACAT, SWP/PIP
- Ability to work in a fast-paced environment
- Microsoft Office Suite skills
- Knowledge of Fidelity WealthScape and/or Pershing NetX360
- Knowledge of SalesForce is helpful
- Coverage on the first day of employment for medical, dental, and vision insurance
- Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver)
- Mother’s lounge onsite
- Flexible PTO plan
- Hybrid model work schedule (minimum 50% in office)
- Free brand-new gym in the Chicago office
- 401k matching plan
- HSA employer contributions
- Student loan assistance
- Pet insurance
- Base salary of $70,000-$80,000 plus discretionary bonus (exact base salary amount will be dependent on experience)
You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.
Salary : $70,000 - $80,000
