Associate Counsel, Wealth Management

About the role

Our client in Dallas, Texas is seeking an Associate Counsel for their Wealth Management division. This is a Direct Hire in office position.

Rapidly growing financial services organization with a significant wealth management platform supporting more than $50 billion in assets under management and advisement. The organization offers attorneys the opportunity to work closely with experienced legal, executive, regulatory and compliance leadership while developing their careers within an expanding business.

Responsibilities

• Serve as a transactional and commercial legal resource supporting a rapidly growing wealth management business
• Review, draft and negotiate commercial agreements and other transactional documents
• Support legal matters involving financial advisors, clients, advisor transitions and client transitions
• Assist with strategic, corporate and regulatory initiatives across the wealth management organization
• Partner closely with legal, executive, compliance and regulatory teams
• Provide practical legal guidance regarding commercial transactions, regulatory considerations and business initiatives
• Assist with legal and regulatory matters involving both registered investment advisory and broker dealer operations
• Work collaboratively with compliance and regulatory teams to support internal processes involving transactions, compliance and risk management
• Assist with arbitration, litigation and complaint matters involving the wealth management business
• Coordinate with and manage outside counsel as appropriate
• Assist with management of legal expenses
• Support E&O insurance matters for the organization and its financial advisors
• Develop relationships with stakeholders throughout the organization and provide responsive, solutions oriented legal counsel

Requirements

• Approximately 3 to 5 years of relevant legal experience; exceptionally strong candidates with approximately 2 years of experience may also be considered
• Transactional legal experience within wealth management, asset management, financial services or a related commercial environment
• Financial services industry experience required
• Familiarity with the Investment Advisers Act of 1940, Securities Act of 1933, Investment Company Act of 1940, FINRA rules and state securities laws