Portfolio Consultant III

About the role

As a Portfolio Consultant III, you will drive investment management services for Wealth Advisors, serving as the main point of contact for investment and portfolio management. This role involves consulting on portfolio strategy, objectives, and ensuring accurate completion of investment implementations. You will be deeply involved in the investment process, supporting newly acquired firms in assimilating to our investment platform and models, and developing investment deliverables for prospective clients. Collaboration with Wealth Advisors, Operations, Portfolio Management, Compliance, and Trading departments is key to ensuring strategic alignment and delivering exceptional service. This position offers excellent opportunities for career acceleration and advancement within the company, including areas such as Portfolio Management, Investment Operations, and Wealth Management.

Responsibilities

• Provide concierge-level service and communication, including clearly explaining investment philosophy and available strategies.
• Proactively and timely update Wealth Advisor Teams on portfolio implementation status.
• Deliver an excellent experience to Wealth Advisor Teams in developing and implementing investment strategies.
• Work both independently and within a team on multiple time-sensitive projects with a high degree of accuracy and attention to detail.
• Lead presentations on various investment topics to Wealth Advisor teams.
• Support new Portfolio Consultants in developing core competencies within the investment platform.
• Demonstrate a comprehensive understanding of capital markets, portfolio design, and management.
• Match Advisor implementation goals with available investment strategies effectively.
• Exhibit expertise in complex investment vehicles, models, and platforms, including public and private markets.
• Draft, support, and audit analytics, proposals, and deliverables for Wealth Management Teams.
• Maintain a strong grasp of overall processes and workflows to troubleshoot portfolio inquiries.
• Collaborate with key central teams to coordinate process improvements.
• Manage standardized workflows and investment processes.
• Concurrently manage portfolio implementations to meet or exceed Service Level Agreements.
• Audit implementations to ensure outcomes align with target portfolio objectives.
• Lead the training of new hires to prepare the team for delivering exceptional investment management services.

Requirements

• Bachelor’s degree from an accredited institution (preferably in Business, Economics, Psychology, or Finance).
• CFP® and/or Series 65 certification required.
• CFA or advanced degree preferred.
• Minimum of 3 years of financial industry-related experience.
• Working knowledge of Orion and Morningstar preferred.
• Advanced knowledge of MS Excel, including advanced data analytics.
• Strong problem-solving skills and experience.
• Excellent analytical and organizational skills.
• Strong written and verbal communication skills, with a highly collaborative approach.
• Highly organized and detail-oriented.
• Ability to manage and prioritize multiple tasks.

Schedule

This professional role requires availability during standard business hours of Monday through Friday from 8 AM to 5 PM. At times, early or late hours may be required to meet business tasks and deadlines for external and internal client needs. Travel is assumed up to 10% of the time.

Pay

Actual base pay within this range will be based on factors including geographic location, relevant experience, education, skills, and licenses/certifications. This position is also eligible for incentive compensation through Mercer Advisors’ programs.

Base Pay Range: $76,500 - $90,000 USD

Benefits

• Company-paid Basic Life & AD&D Insurance.
• Company-paid Short-Term and Long-Term Disability Insurance.
• Supplemental Life & AD&D, Short-Term Disability, Accident, Critical Illness, and Hospital Indemnity Insurance.
• Three Cigna medical plan offerings, including two High Deductible Health Plans and a Traditional Co-Pay medical plan.
• Kaiser Medical plans available in California.
• Health Savings Account (HSA) with company contributions if enrolled in either HDHP medical plan.
• Two comprehensive Dental Plans.
• Vision Insurance Plan.
• Dependent Care Savings Account for child and dependent care.
• 14 Company Paid Holidays, including a full week off at Thanksgiving.
• Generous paid time off program for vacation and sick days.
• Employee Assistance Plan.
• Family Medical Leave.
• Paid Parental Leave (8 weeks).
• Maternity benefits utilizing company-paid STD, any supplemental STD, plus Parental Leave (8 weeks).
• Adoption Assistance Reimbursement Program.
• Company-paid Concierge Services for aging parents, young children, and life’s challenges.
• 401(k) Retirement Plan with both Traditional and Roth options, per pay period match, and an after-tax option.
• Pet Insurance.
• Personalized financial planning and guidance from Mercer Advisors professionals at preferred employee pricing.