Portfolio Associate - Wealth Management

The Portfolio Associate works closely with Senior Portfolio Managers and is responsible for helping to manage multi-asset class portfolios in individual trust, taxable and non-taxable, and retirement accounts. This position reports to the Chief Investment Officer. A hybrid work schedule is available for this position.

A career at Nixon Peabody is the opportunity to do work that matters. It’s the chance to use your knowledge to shape what’s ahead. To share, to innovate, to learn at a firm that taps the power of collective thinking.

We’ve created a dynamic, energizing environment that promotes success for our clients and each other. We offer fast growth, connectedness and training in business as well as law. And our rigorous standards assure you are part of a diverse team of top talent at every turn.

At Nixon Peabody, our priority is to attract, retain and promote talented individuals who have an array of racial, ethnic, social, economic, religious, professional, personal, and other backgrounds. Therefore, we encourage talented individuals with diverse backgrounds and experiences to apply.

If you’re someone who’s looking toward the future, we’d love to hear from you.

Location: Boston, MA

Responsibilities:

• Assist in the initiation, documentation and completion of routine regulatory account reviews.
• Invest with return/risk objectives consistent with each trust or account’s Investment Policy Statements (IPS), applying the group’s target global themes to individual portfolios.
• Deliver account performance and market reviews in client meetings and contribute to new business meetings as needed.
• Initiate, recommend, document and implement portfolio recommendations based on the firm’s long term investment approach, working closely with Senior Portfolio Manager’s and Private Client partners/trustees.
• Compile necessary reports/client data for client/trustee meetings.
• Work collaboratively to onboard new client accounts, including account opening information gathering/documentation, IPS creation, reaffirmation letter review.
• Help manage, evaluate, and monitor complex or high value investment portfolios, focused on investing and/or raising cash for individual, multi-generational trusts and retirement accounts.
• Perform other duties as assigned.

To perform this job successfully, you must be able to perform each essential job responsibility listed above, satisfactorily, with or without reasonable accommodation. Nixon Peabody retains the right to change or assign other duties to this position. The requirements listed below are representative of the skills and abilities required

Job Requirements:

• Experience managing portfolios for total return, income and/or growth objectives
• Excellent communication skills, both verbal and written
• Solid presentation skills for client meetings and new business opportunities
• Bachelor’s Degree required with a finance focus preferred. Work experience in lieu of a degree will be considered
• Experience managing taxable accounts and trusts
• Experience with PM/order entry systems, financial systems and tools for analysis (FactSet, Bloomberg, Morningstar, etc.)
• 2-4 years of portfolio management experience required with a focus on high value portfolios and/or trust accounts preferred
• Proven ability to work in a fast-paced, collaborative environment
• Strong interpersonal skills with a client service focus
• Self-starter with a results-driven personality

Nixon Peabody LLP is an Equal Opportunity / Affirmative Action Employer: Disability / Female / Gender Identity / Minority / Sexual Orientation / Veteran.

To comply with Federal law, Nixon Peabody participates in E-Verify. All newly-hired employees are verified through this electronic system established by the Department of Homeland Security (DHS) and the Social Security Administration (SSA) to confirm their identity and employment eligibility. Please refer to the Notice of E-Verify Participation and the Right to Work posters on the Nixon Peabody Careers page for more information

Job Type: Full-time

Benefits:

• 401(k) matching
• Paid time off
• Health insurance

Physical setting:

• Office

Schedule:

• Monday to Friday

Work Location: Hybrid remote in Boston, MA 02109