Full Job Description
Investment Associate (HNW, Wealth Management)-838298
Fiduciary Trust International is a wealth management firm founded in 1931 by families for families, with a singular focus on growing and protecting our clients’ wealth through generations. We work closely with individuals, families and foundations to build and manage personalized investment portfolios, and to develop estate plans that extend wealth to future generations. And, we are part of Franklin Templeton, one of the largest investment firms in the world. That means we can combine a personalized experience with access to sophisticated research and investment solutions.
Franklin Templeton is dedicated to delivering strong results and exceptional service to clients, team members and business partners. Over 12,000 employees working in 34 countries around the world are dedicated to servicing investment solutions for our clients in more than 160 countries. Our success has been a direct result of the talent, skills and persistence of our people, and we are looking for qualified candidates to join our team.
The role of the Investment Associate is designed to provide support to Portfolio Managers in all aspects of the investment process. They will have responsibility to implement and execute our firm’s investment policy and broad investment strategies, including asset allocation, recommended securities and other investment vehicles to achieve stated client goals and objectives.
The role is also expected to serve as training for junior investment professionals who are interested in developing a career in an asset management firm. They need to be an independent and critical thinker who is a self-starter with the ability to work effectively within a fast-paced multi-disciplinary investment environment. To succeed in this position, they need to have the ability to multi-task and prioritize projects without compromising attention to detail or follow-through. They must be comfortable articulating investment policy views and analysis into actionable investment recommendations.
PRIMARY DUTIES AND RESPONSIBILITIES:
Conduct regular account reviews with Portfolio Managers and suggest appropriate actions to uphold asset allocation and portfolio construction views
Provide research support for the equity strategy teams by monitoring and gathering specific fundamental research data on stock recommendations – This may include providing research meeting notes and coordinating meetings with external Analysts and/or company management
Enter and execute trades while allocating the trades based on guidelines provided by the Portfolio Managers
Provide portfolio data and analytics, and work with the Portfolio Managers to create presentations for client and prospect meetings
Provide analytical performance reports while working closely with the Portfolio Managers to interpret the performance data
Monitor portfolios for concentrated positions, discretionary status, and client directed holdings to mitigate portfolio risks
Liaise with Performance department and Client Service Administrators to ensure portfolios are properly set up for performance measurement, including benchmarks and composites
Manage small accounts following investment policy and mutual fund recommendations, or as guided by Portfolio Managers
Provide cash flow analysis and wealth projections
Maintain awareness of client account activity (withdrawals, income sources, etc.)
Assist in the creation and implementation of investment policy statement for new and existing clients
EDUCATION AND CERTIFICATIONS:
Finance or Economics preferred
CFA designation (or working towards completion) preferred
2-5 years of investment management / asset management or financial services experience required
Experience in asset allocation, macroeconomics or high net worth asset management preferred
Knowledge, Skills and Abilities:
Strong written, communication and interpersonal skills with the ability to work effectively with a wide variety of senior investment leaders and personalities
Strong presentation skills with the ability to articulate investment policy views and current market conditions
Ability to work collaboratively in a peer-to-peer and team environment
Ability to communicate research findings and investment views through regular meetings, reports, emails and one-on-one direct exchanges
Build and maintain strong relationships across all investment disciplines within the organization
Ability to analyze quantitative and qualitative market relevant data from a variety of sources
Proactive and creative individual that is able to analyze quantitative and qualitative market relevant data from a variety of sources
Strong ability to multi-task and prioritize projects with excellent attention to detail and follow-through
Strong technological knowledge and experience with tools necessary for research, implementation and reporting — Microsoft Office, FactSet, Bloomberg, Thomson Reuters Eikon, Morningstar Direct, etc.
What makes Franklin Templeton Investments unique?
In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards—the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.
Highlights of our benefits include:
Three weeks paid time off the first year
Medical, dental and vision insurance
401(k) Retirement Plan with 75% company match on your pre-tax and/or Roth contributions, up to the IRS limits
Employee Stock Investment Program
Tuition Assistance Program
Purchase of company funds with no sales charge
We believe that being a good corporate citizen is good business. To us, corporate citizenship means being accountable, serving our clients, being an employer of choice, managing our environmental impact, and supporting our communities. An emphasis on corporate citizenship is embedded in our culture and values, and is an important element of how we achieve success.
We are also committed to your learning and development with resources focused around Experience, Exposure, and Education, to help you achieve your professional development goals. Take some time to, meet some of our people, and see what it means to say, “I AM Franklin Templeton”.
Franklin Templeton Investments is an Equal Opportunity Employer. We are committed to equal employment opportunity for all applicants and existing employees and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. We invite you to visit us at http://www.franklintempletoncareers.com/ to learn more about our company and our career opportunities.
JOB FUNCTION: Investment Management and Research
PRIMARY LOCATION: United States-New York-New York