Associate, Client Advisory

Company: Pathstone

Office: San Francisco, CA

Job Title: Associate, Client Advisory

Job Type: Full Time

Start Date: Summer 2025

Company Description: Pathstone is a dynamic, rapidly growing, partner-owned wealth management firm that serves ultra-high net worth families, single family offices, and foundations and endowments. Our comprehensive range of services and deep expertise goes far beyond investment advice. We provide tax planning and compliance, insurance and risk management, lifestyle management, wealth and estate planning, trust services, and philanthropy services. We have 20 office locations and more than $100 Billion in Assets Under Advisement and Administration. The number of Pathstone team members has more than doubled in the past five years.

As a Certified B Corporation, Pathstone seeks to make a difference in the lives of our clients and their families as well as to offer a positive and supportive work environment for our employees. Our team members are encouraged to pursue their passions by serving on committees and initiatives addressing topics of importance to our business. Our talented people are our greatest asset and therefore we offer a competitive, comprehensive, and flexible benefits program that helps meet the needs of our team members and their families. Pathstone’s generous benefits include comprehensive medical, vision, and dental coverage, flexible spending, flexible PTO, life insurance, education support, 401k plan, parental leave, and more.

We seek Client Advisory Associates in our San Francisco office. These are 2-year, entry-level associate positions with the potential for top-performing associates to expand and extend their engagements for up to an additional 3 years in the Senior Associate position.

Description of Role:

In the Client Advisory department at Pathstone, we work in teams to manage investment portfolios for high-net-worth families and institutions. Each team is structured to have one or two portfolio managers (PMs) who determine investment strategy and manager selection. The associates and senior associates work alongside the PMs to produce performance reports and presentations, provide exceptional client service and assist with building client portfolios.

In your work, you will learn about the financial markets, asset allocation, portfolio construction and various investment managers across a wide range of asset classes, including cash, fixed income, equities, hedge funds, private equity, venture capital, and real assets. You also could participate in special projects, such as asset class deep dives, portfolio reviews, and spending analyses. In addition, you may help to coordinate complex estate-planning transactions such as transfers of interest, partnership distributions, and charitable gifting. You will also learn to manage risk across client relationships by closely adhering to firm and regulatory policy, procedures, and processes.

You will work with a small number of clients and provide high quality client service, with frequent interactions with clients, family office staff, tax advisers and investment managers. Associates are an integral part of the team and could join both internal investment meetings as well as client meetings. 

Associates typically spend their days completing independent work for clients, primarily using Excel and PowerPoint, as well as other software programs including Addepar and Salesforce. We will provide training on these programs, but a working knowledge is always a great start. Most importantly, we are looking for smart and dedicated team players who are eager to learn and contribute.

What Success Looks Like:

• Within your first 30 days, you will participate in a robust training program to learn more about the firm, Pathstone’s investing strategy and reporting systems, and join your client teams.
• Within your first 90 days, you will assist your teams with portfolio reporting, financial analyses and producing client presentations. You will work closely with our Data Operations team on data review, and work with our Investment Operations team to facilitate the execution of transactions for your clients, while providing outstanding client service.
• Within your first year, you will have completed several quarterly cycles of portfolio reporting and presentations, built meaningful relationships with your client teams and portfolio managers, and have had the opportunity to be involved in several firm-enhancing initiatives, from our various committees to recruiting, training, and mentorship.

You Are a Great Fit If You:

You do not have to match all the listed requirements exactly to apply. Pathstone believes that our organization and culture are made stronger through diverse perspectives and experiences.

• Have a bachelor’s degree and less than two years of work experience by Summer 2025 (start date TBD, but likely end of June 2025).
• Have an interest in financial markets and client service.
• Enjoy working collaboratively and problem-solving in a diverse team environment where accountability and initiative are required.
• Possess a keen interest in developing deep knowledge of client service, portfolio management, investments, and financial markets.
• Value and model the attributes that make our firm great: collaboration, excellence, good judgement, initiative, innovation, integrity, and leadership.
• Believe that diversity, equity and inclusion drive more robust dialogue and improved decision-making and share our commitment to fostering an inclusive culture.
• Are an intellectually curious, creative problem-solver who is not afraid to ask questions.
• Demonstrate strong oral and written communication skills as well as the desire and ability to provide excellent client service.
• Possess top-notch organizational skills and a strong ability to balance time-sensitive priorities while maintaining a high level of attention to detail.
• Thrive in a fast-paced, deadline-oriented environment with multiple supervisors.
• Prioritize operating ethically and professionally, demonstrate a strong sense of integrity, and consistently exercise good judgement.
• Welcome feedback and are quick to act upon it.
• Operate with a positive, proactive, “no-job-is-too-small” attitude.
• Demonstrate proficiency in Microsoft Excel, PowerPoint and Word.
• Are comfortable with and able to quickly learn new technology platforms.
• Professionals from all majors, experiences, and backgrounds are invited to apply.

Pay Transparency:

Pathstone’s expected starting base compensation for the position as of the time of posting is $75,000 – $90,000 per year. The actual base compensation selected for this role will be set based on a variety of factors, including (but not limited to) experience, education, specialty and training. The successful candidate(s) may also be eligible for a discretionary and/or annual bonus award.

Visa Sponsorship:

Please note, we are unable to provide visa sponsorship for the position offered. Accordingly, we are unable to hire individuals who require, or will require, employment visa sponsorship either now or in the future.

California Privacy Notice:

Pathstone’s applicant privacy notice for residents of California is available here: https://hallcapital.com/california-personnel-privacy-notice/

Pathstone is an equal opportunity employer continually seeking to diversify its staff and will consider all qualified applicants with criminal history in a manner consistent with the requirements of the Fair Chance Ordinance of San Francisco and New York City’s Fair Chance Act.

ChatGPT Disclaimer: In posing the screening questions below, we are seeking to understand how your personal experiences have informed and reflect your interest and fit for this role. We recognize that AI tools may be helpful in crafting responses to these questions, but we ask that you please refrain from using AI tools (such as ChatGPT) to compose a response that is not authentic to you or impedes our ability to get to know you.

Salary : $75,000 - $90,000