Wealth Management Analyst
About the Role
Wealth Management Analysts provide exceptional service to our clients and support Financial Advisor(s) (FAs)/Private Wealth Advisor(s) (PWAs)/teams on a daily basis. As a key member of the service team, this role focuses on assisting in areas such as digital marketing, portfolio holdings and/or proposal tools, financial planning, reporting, and analysis.
Responsibilities
Client Service
- Provide coverage for an FA/PWA/team, including:
- Assisting the FA/PWA/team in delivering against their client service model, including preparing for regular meetings and tracking follow-ups
- Providing backup coverage for traditional registered or unregistered Client Service Associate responsibilities at the request of the client and/or FA/PWA/team, such as:
- Executing money movement transactions
- Answering general non-investment related questions concerning client accounts
- Educating or enrolling clients in digital tools (e.g., MS Online)
- Accepting or entering unsolicited orders and/or entering solicited orders in a clerical capacity
- Remaining current on all policies, procedures, and new platforms
Business Development Support
- Assist the FA/PWA/team in organizing and executing against their business plan, partnering closely with other market stakeholders such as Practice Strategy Consultants and Branch Management
- Execute administrative elements of digital and in-person marketing strategies, including:
- Conferences and seminars or webinars
- Websites and social media
- Regular email connectivity
- Prepare and review various client reports or financial plans from firm-approved systems for existing or prospective clients at the request of the client and/or FA/PWA/team
- Assist with research using firm-approved systems
- Participate in existing client and/or prospective client meetings, representing the service lens
- Participate in firm initiatives (e.g., training or education programs), special projects, and/or other duties directed by local management
Requirements
- 2+ years of work experience in a field relevant to the position
- Four-year college degree or professional certification preferred
- Active Series 7 (GS), and Series 66 (AG/RA) or Series 63 (AG) and Series 65 (RA) required
- Additional product licenses may be required
Skills
- Knowledge of financial services products, including but not limited to equities, bonds, options, mutual funds, annuities, insurance, and managed accounts
- Technically proficient and quick learner of new and updated platforms
- Detail-oriented with superior organizational skills and ability to prioritize
- Expert knowledge of basic personal computer, MS Office (particularly MS Excel), and internet applications
- Exceptional writing, interpersonal, and client service skills
- Strong time management skills
- Team player with the ability to collaborate with others
- Ability to work in a fast-paced, evolving environment
- Adaptable and ability to multi-task
- Goal-oriented, self-motivated, and results-driven
About Morgan Stanley
At Morgan Stanley, we raise, manage, and allocate capital for our clients—helping them reach their goals. We do it in a way that’s differentiated, and we’ve done that for 90 years. Our values—putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back—guide the decisions we make every day to do what's best for our clients, communities, and more than 80,000 employees in 1,200 offices across 42 countries.
At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
Pay
Expected base pay rates for the role will be between $68,000.00 and $120,000.00 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.