What are the responsibilities and job description for the Wealth Management Associate position at NorthStar Advisory Group?
Job: Portfolio Manager Associate (PMA)
NorthStar Advisory Group is an independent RIA that focuses on planning and investing for families and small businesses. NorthStar invests all assets through its proprietary models and investment strategies.
This role will report to the Chief Investment Officer (CIO) and work on trading and portfolio administration responsibilities. The role will interface with the entire team, including investing, research, financial planning, marketing, client service and administrators. Candidates should be passionate about wealth or asset management, eager to learn, leverage and grow their skillset. This is an entry level position with upward mobility. Candidates will work in a hybrid setting and will be required to come to New Hope, PA multiple days a week.
Role includes:
Trading
- Facilitate trades through our trade order management software system for stocks and ETF’s
- Trade bonds (corporates, muni’s, treasuries)
- Utilize our proprietary models to invest new accounts and client cash flows
- Manage taxation
- Oversee stock and bond allocations
- Monitor investment model changes, account groupings, restriction lists
- News flow on financial markets and portfolio positions
Portfolio Admin
- Monitor portfolio exposures
- Run and analyze quantitative models
- Create and review client presentations
- Listen to corporate earnings reports and complete templates
- Maintain performance on models
- Adhoc reports
Required Qualifications:
- Bachelor’s degree (preferably in finance or economics), MBA a plus
- Candidate has experience or had an internship in financial services
- Proficient in Excel
- Ability to work in a team environment (virtual via Teams and Zoom)
- Strong attention to detail
- Ability to multi-task
- Excellent organizational skills
- Excellent communication skills
- Experience with any of the following: trade order management systems, Black Diamond, Schwab or FactSet a plus
Compensation:
- Compensation will include a salary and discretionary bonus
- Salaries are reviewed mid-year and bonuses at end of calendar year
- Total compensation will be commensurate with experience
Benefits include:
- Healthcare benefits
- 401k/profit share plan
- 15 days off (annually)
- Working hybrid
Salary : $50,000 - $60,000
