Chief Investment Officer

Position Summary

The Chief Investment Officer (CIO) is a member of the firm's executive team and leads the firm’s Asset Management Group. Key responsibilities include executing the firm’s investment philosophy and process, and managing the trading platform across a multi-office enterprise.

Investment Strategy & Process

• Own and evolve the firm's strategic and tactical asset allocation frameworks
• Chair the Investment Committee; set agenda, drive debate, and document rationale for all changes to house views and model portfolios
• Oversee manager, fund, and strategy due diligence, selection, and ongoing monitoring (active, passive, alternatives, SMAs)
• Maintain and refine model portfolios across risk tiers, tax situations, and client segments
• Standardize investment implementation across all 12 offices, including model adherence monitoring, override/exception tracking by office and advisor, and consistent client experience firm-wide
• Establish a regional liaison structure (or equivalent) to ensure office-level advisor input reaches central research and IC decision-making without fragmenting the platform

Research & Communication

• Produce and present capital markets commentary for clients, and advisors
• Translate macro and market research into actionable, defensible portfolio positioning
• Serve as the firm's credible investment voice in client-facing settings, media, and advisor training

Platform & Governance

• Build and maintain relationships with custodians, asset managers, and research providers
• Ensure investment processes meet fiduciary standards
• Work with Compliance on suitability, disclosure, and best-execution matters tied to investment decisions

Alternatives Platform

• Oversee the firm's alternatives platform, including hedge fund and private equity solutions — sourcing, due diligence, structuring, and ongoing monitoring
• Set criteria for alternatives allocation within client portfolios, balancing liquidity, fee, and suitability considerations
• Formalize an institutional-grade due diligence process, including documented IC memo standards and a clear split between operational due diligence (ODD) and investment due diligence (IDD)
• Lead negotiation of institutional terms where applicable (share classes, side letters, co-investment access) given the firm's scale
• Own a manager research coverage model that specifies strategy/fund coverage breadth and review cadence across the platform

Trading & Operations Management (Asset Management Group)

• Lead the Asset Management Group (AMG) through direct reports, setting hiring plans, staffing structure, and performance standards for the broader trading and research team rather than managing individual staff directly
• Oversee all trading activities of the firm across offices, ensuring best execution, timely implementation of model changes, and adherence to trading policies and compliance controls
• Own enterprise-level operational infrastructure, including the management of the order management system / portfolio management system and rebalancing tools (Orion/Eclipse)
• Set and manage the AMG budget, including staffing, technology spend, and market data/research subscriptions
• Own and manage the AMG budget, including staffing, technology spend, and market data/research subscriptions
• Serve as the primary escalation point for firm-wide trading and operational issues within AMG, including cross-office workflow breakdowns and vendor/custodian escalations
• Partner with the CCO/Compliance function on firm-wide investment risk and regulatory matters

Advisor & Business Development Support

• Support advisor teams' new business efforts through investment analytics and proposal generation, including portfolio analysis, competitive comparisons, and pitch-ready materials for prospects

Leadership

• Define and maintain the AMG organization structure, including function head roles (Trading, Research, Alternatives), succession planning for the investment function, and bench depth across offices
• Mentor advisors and function heads on portfolio construction and client investment conversations
• Partner with executive leadership and the Executive Committee on firm strategy, including how investment platform decisions affect growth, M&A integration, or succession planning

Qualifications

• 15+ years of progressive investment experience, including senior portfolio management, asset allocation, or manager research at a multi-billion-dollar RIA, private bank, or asset management firm
• Prior experience managing an investment function through direct reports/function heads, not solely through individual contributor work
• CFA charter holder required; CAIA or advanced degree (MBA) a plus
• Demonstrated track record building or leading an investment committee/process across a multi-office or multi-entity platform
• Deep knowledge of both public markets and alternatives (private equity, private credit, hedge funds, real assets), including institutional-level due diligence and negotiation experience
• Experience owning trading desk operations and portfolio management technology decisions at an enterprise level
• Strong communicator — comfortable in front of HNW/UHNW clients, advisors, institutional stakeholders, and a firm's Executive Committee/board

Benefits

Competitive Executive Level Base Salary + Bonuses
Open Paid-time-off policy
We provide a flexible work environment to offer work/life balance.
401(k) plan with company match and profit sharing
Medical, dental, and vision insurance
Company Paid Life Insurance
Affordable Short- & Long-Term Disability Insurance
Affordable Accidental and Critical Illness Insurance
10.5 Paid holidays
Annual Performance Reviews
And Much More…
HBKS provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.