Sr. Portfolio Advisor, Global Family Office Group

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) guides the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. With more than 135 years of financial experience and over 24,000 partners, we serve sophisticated clients using leading technology and exceptional service.

About the role

Northern Trust’s Global Family Office Group is a 40-year-old full-service family office provider—both investment and non-investment related—and manages $200bn for 500+ families globally. The GFO Investment Practice is part of the Northern Trust Wealth Management business and leverages the NT Wealth Management investment platform. This position will be the primary portfolio advisor for 10–15 family office portfolios over time, with numerous beneficiaries and interested parties within each relationship. The role requires familiarity with family office structures, trust types, sophisticated investment vehicles, and all investment asset classes. The Sr. Portfolio Advisor also partners closely with Northern Trust Asset Management OCIO partners on client relationships and investment implementation.

Responsibilities

• Manage investment activities for a full set of large and sensitive high-net-worth personal trusts and individual investment portfolios.
• Develop, recommend, and direct the execution of investment allocations and manager selection for family office clients.
• Analyze and plan the overall investment strategy with continuous revision as goals and objectives change, working closely and proactively with the broader client service team to identify and execute on various investment-related responsibilities.
• Maintain an integral and influential presence within the client-facing team, ensuring communication of client requirements and coordinating portfolio activity.
• Demonstrate mastery with new investment strategies, tools, capabilities, portfolio research, and investment methodologies.
• Lead client reporting and communication on a regular basis regarding investments.
• Adhere to best practices as measured by the PM Dashboard and related reporting.
• Execute initiatives, new capability rollouts, and required investment training as the GFO investment platform develops.
• Partner with compliance peers to ensure sound governance and risk management processes in investment implementation.
• Serve as a collaborative team player in a fast-growing, highly successful team serving Northern Trust Wealth Management's largest family office clients.
• Act as an individual contributor, continuously contributing to progress and best practice development alongside the investment team.

Requirements

• Knowledge of investment and portfolio management theory and execution options, accounting and financial principles, associated investment strategies and instruments, and all asset classes.
• Experience managing family office or ultra-high-net-worth portfolios with performance responsibility across multiple market cycles, including advising clients in protracted down markets.
• Strong alternatives experience across all asset classes at the fund/manager level and deep client engagement skills.
• Ability to translate complexity into simplicity for individuals in the format that works best for them.
• Ability to lead client investment relationship reviews, set agendas, and drive toward investment goals.

Qualifications

Minimum 15 years of investment, asset allocation, or research experience, alongside client experience in an ultra-high-net-worth or family office setting.

Pay

Salary range is $164,600.00 - $225,000.00 USD (good faith estimate of base pay). Northern Trust provides a discretionary bonus program that may include an equity component.

Benefits

• Retirement benefits (401k and pension).
• Health and welfare benefits (medical, dental, vision, spending accounts, and disability).
• Paid time off, parental and caregiver leave.
• Life and accident insurance.
• Other voluntary and well-being benefits.

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future.