Private Wealth Portfolio Strategist

Job Description Summary

We are fixed income experts at Raymond James. Our financial advisors seek us out for advice and solutions tailored to their top clients. We specialize in individual bonds, primarily municipal, but also taxable. We use our trading platforms and relationships with Raymond James retail traders to select bonds as part of a customized fixed income portfolio.

About the Role

We simplify complex topics like duration, credit, and reinvestment risk in easy-to-understand terms. Effective communication and confidence are key. In-depth knowledge of fixed income, especially municipal market knowledge, is essential. We also review and optimize existing client and prospect portfolios.

Essential Duties and Responsibilities

• Collaborate with financial advisors to develop fixed income strategies for high net worth and ultra-high net worth clients and prospects
• Construct custom-built portfolios of individual bonds across various product types
• Serve as a fixed income market expert and resource, providing timely market commentary and analysis to financial advisors
• Build and maintain relationships with financial advisors to assist in maintaining and growing their client base
• Educate financial advisors on the benefits of fixed income
• Participate in developing strategy and communication resources, as well as financial advisor recruiting and public speaking activities
• Build a relationship with all trading operations in support of portfolio creation and implementation
• Stay informed about market trends and communicate them effectively to both financial advisors and clients
• Create and distribute a Municipal Bond Investor Weekly commentary each month
• Work with PCG complex and branch managers on the recruitment process by conducting in-person meetings with prospective financial advisor recruits on the trading floor

Skills

• Excellent problem-solving skills to identify client needs through effective questioning and listening
• Ability to manage multiple client projects simultaneously, work closely with traders to execute trades in a timely and organized manner
• Advanced knowledge of the rate markets, spread products (especially municipal and corporate bonds), and fixed income portfolio management
• Advanced concepts and regulations related to fixed income capital markets
• The ability to articulate complex technical issues to a non-technical audience
• Strong communication and interpersonal skills to build relationships with financial advisors and their clients
• Ability to identify and position fixed income products to include in client portfolios
• A strong commitment to providing high-level customer service and a supportive, collaborative environment
• Ability to work independently and collaboratively within a team environment

Education/Previous Experience

Bachelor’s degree or equivalent in a related discipline and seven to ten years of financial experience. Alternatively, any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/Certifications

• FINRA Series 7

Other Applicable Licenses or Certifications

May be beneficial.

Salary Range

$35,568.00 - $130,000.00

Travel Required

Yes, 15% of the Time

Workstyle

Resident

Total Compensation

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave.

Benefits

• Medical
• Dental
• Vision
• Life Insurance
• Critical Illness Insurance and Accident Insurance
• Disability Benefits
• Retail Savings
• Paid Time Off (including vacation, holidays, and sick leave)
• Parental Leave

Company Culture

• Five Guiding Behaviors: Develop, Collaborate, Decide, Deliver, Improve
• Core Values: Client-first, Integrity, Independence, Conservative, Long-term View
• Equal Opportunity Employer