About Company
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management, and investment management services. With offices in more than 41 countries, our firm’s employees serve clients worldwide including corporations, governments, institutions, and individuals. For over 85 years, our culture of putting clients first, doing the right thing, and giving back to our communities has been the driving force behind our success. We are dedicated to providing our clients with the finest thinking, products, and services, and we believe our people are our greatest asset in achieving this mission.
Job Description
We are urgently seeking a highly motivated and detail-oriented Portfolio Associate to join our dynamic Wealth Management team in Durango, Colorado. This is a critical role that supports Financial Advisors in delivering exceptional service and sophisticated financial solutions to our valued clients. As a Portfolio Associate, you will play an integral part in managing client portfolios, processing transactions, and ensuring the smooth operation of client accounts. This position requires a proactive individual with a strong understanding of financial markets, excellent communication skills, and a commitment to operational excellence. If you thrive in a fast-paced environment and are passionate about supporting high-net-worth individuals and institutions in achieving their financial goals, we invite you to apply. This role offers significant exposure to the complexities of wealth management and ample opportunities for professional growth within one of the world’s leading financial institutions.
Key Responsibilities
- Assist Financial Advisors in all aspects of client service and portfolio management, including account opening, maintenance, and transfer processes.
- Prepare client review materials, performance reports, and financial planning documents, ensuring accuracy and timeliness.
- Process trades, money movements, and other client requests efficiently and in compliance with firm policies and regulatory requirements.
- Serve as a primary point of contact for client inquiries, providing prompt and accurate information or escalating to the Financial Advisor as needed.
- Conduct research on investment products, market trends, and economic conditions to support portfolio construction and client recommendations.
- Maintain organized client files and CRM records, ensuring all client interactions and relevant data are meticulously documented.
- Collaborate with internal departments (e.g., operations, compliance, legal) to resolve client issues and streamline processes.
- Identify opportunities to enhance client service delivery and operational efficiency, contributing to the team's overall success.
- Stay abreast of industry regulations, firm policies, and financial market developments to ensure compliance and best practices.
Required Skills
- Bachelor's degree in Finance, Business Administration, Economics, or a related field.
- Minimum of 3 years of experience in financial services, wealth management, or a related client-facing role.
- FINRA Series 7 and Series 66 (or Series 63 & 65) licenses are required or must be obtained within a defined timeframe.
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint, Outlook).
- Strong analytical and problem-solving abilities with keen attention to detail.
- Excellent verbal and written communication skills.
- Ability to work independently and as part of a team in a fast-paced, high-pressure environment.
- Demonstrated commitment to client service excellence and ethical conduct.
Preferred Qualifications
- Experience with CRM systems (e.g., Salesforce) and financial planning software.
- Familiarity with Morgan Stanley's proprietary systems and platforms.
- A Master's degree or advanced professional designation (e.g., CFA, CFP®).
- Proven ability to manage multiple priorities and deadlines effectively.
Perks & Benefits
- Comprehensive medical, dental, and vision insurance plans.
- 401(k) retirement plan with company match.
- Generous paid time off, including vacation, sick leave, and holidays.
- Parental leave and family support programs.
- Professional development opportunities and tuition reimbursement.
- Employee wellness programs and resources.
- Discounted financial services and products.
- Access to a global network of professionals and mentors.
How to Apply
To be considered for this urgent hiring opportunity, please click on the application link below. Ensure your resume and cover letter clearly highlight your relevant experience and qualifications for the Portfolio Associate role. We look forward to reviewing your application.