Overall Function
The Investment Analyst position will play an integral role in supporting our financial planning team, growing our AUM, and in providing the highest level of service to our clients. Through continuous growth, it is our aim to hopefully develop the individual within this position to eventually lead and manage our firm’s investment department. Without this role, our planning team could not devote their full efforts to our client’s needs; therefore, we view this role as central to our success and growth as a team. ROLE IS BASED IN CHICAGO AREA
Core Values
Grow: You are always looking to take the next step forward, you do not accept the status quo, and you aim to always better yourself
Trustworthy: You are do what you say you are going to do and you are both honest and truthful in your communication internally as well as with clients
Ethical: You are always choosing to do what is right, even if no one is looking
Dedicated: You care about the work, about the clients, and about your team, you get it done, you put ‘we’ before ‘me’, and you keep the promises that you make
Positive Attitude: You are looking for the gain, not living in the gap, you give others positive energy, you provide others with a positive experience, and you are not an energy vampire
And if you have the following…
You are passionate about the process and about efficiency, you possess a knack for maximizing time, prioritizing tasks, and streamlining workflow
You are intellectually curious, always asking “why,” connecting the dots, and seeking to solve problems
You are obsessed with details, with organization, and with the right order of things
You can work both autonomously and collaboratively and can pivot between different areas of support to lend a helping hand
You have excellent oral and written communication skills and the ability to communicate complex ideas simply to clients
You have confidence in a variety of settings, are able to hold your own, to think on your feet, and to answer questions directly
Bonus points for...
Broad knowledge and experience with MS Office applications such as: Word, Excel, and Outlook
Ability to assess client needs and communicate effectively with clients
Condensing data points and forming them into a story for all levels of clients
Holding your Illinois Life & Health license; or obtain within first three months of hire
Experience in the Financial Services industry or other professional designations
This position requires that you have……
2 years or more of experience in the financial or investment industry
Experience with Portfolio Management
Exposure to Alternative Investments
Bachelor’s Degree in business related field, preferred
Series 7 License
Progress towards or currently hold a CFA® designation, preferred
Knowledge of and experience using MorningStar / YCharts
Proficiency in dealing with high-net-worth clients, preferred
Investment Research
Review client’s statements, analyze their current positions, their risk tolerance, and be able to provide recommendations that will help implement the investment components of the overall financial plan
Build or run out the investment reports in MorningStar or YCharts that act as suitability documents to back up the rational of the recommendations
Review asset allocations, asset location, distribution strategies as well as ways to mitigate a client’s tax burden when in the distribution phase of a financial plan
Keep abreast of the markets and be able to communicate NM’s stance or rational by listening / watching NM’s weekly investment-based webinars or podcasts
Ad hoc, deep dives into complex client accounts or servicing issues
Portfolio Management
Help construct model portfolios for advisory clients and build custom portfolios for individual high-networth households
Own the quarterly rebalancing of model portfolios while monitoring for portfolio tilts in between rebalances
Understand and incorporate sophisticated investment vehicles into individual portfolios; such as but not limited to Direct Indexing, Alternative Investments, Signature Managed Accounts, and Goal Level Management
Manage outside relationships with fund family vendors and other third-party investment consultants
Client Support
Attend client review meetings with the advisor to help convey recommendations, the underlying investment rational to the client, and how the investment component works with the overall financial plan
Hold review meetings with top investment clients to review changes to their portfolio, to answer their questions, and to seek for additional areas to provide help
Salary & Benefits
$75,000 - $110,000 base salary (dependent on licenses, credentials, and experience)
Build your salary by continual professional development
Bonus potential based on performance
Opportunity to gain equity in the firm
Benefits: 401(k) with Match & Profit Sharing, Short-term Disability, Long-term Disability, Health, Vision, and Dental
