At Abbot Downing, we focus on each client’s needs by providing specialized solutions that address the financial and human dimensions of unique wealth. Backed by the strength and global resources of Wells Fargo, we work to help our clients plan and sustain a vison that will support their fundamental values across generations. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.
Abbot Downing serves families and individuals, as well as endowments and foundations, to help preserve and grow assets while building legacies across generations. We go beyond traditional financial planning and asset management services to help clients address the financial, social and personal dimensions of wealth. Abbot Downing's 300 professionals serve clients in all 50 states. Our service model gives clients the attentiveness of a boutique firm complemented by the robust services of one of the strongest, most respected financial institutions in the world.
This role is a Sr Portfolio Manager position within our Midwest Region, operating out of our Houston office. Develops, recommends, and directs execution of investment strategies for a group of ultra-high net worth (UHNW) clients. Manages largest and most complex investment portfolios for UHNW accounts and/or fiduciary (irrevocable and revocable trust) accounts. With broad investment strategy authority and acting independently within established investment policy guidelines, manages large and potentially the most important UHNW client accounts. Shapes the client investment policy statement in consultation with other Abbot Downing (AD) colleagues to develop strategies around client objectives with commensurate asset allocation targets and ranges. Leverages all aspects of the investment platform for client benefit and has an advanced level of understanding of all available investment solutions including individual securities, proprietary models, pooled vehicles, third party separately managed accounts and other complementary or real asset strategies. Conducts extensive dialogue with clients around investment risk and establishing acceptable levels of risk within the portfolios and holds routine investment reviews with clients. Stays abreast of market developments, engages in firm wide investment discussions and may be enlisted to support national products, committees or strategies. Develops new business through sales/marketing efforts while leveraging key partners and opportunities. Confers with external client advisors (i.e., attorneys, accountants, etc.) and other centers of influence in their community. May act as a team leader for the investment business within their region or office. Willingness/ability/skills to help mentor and grow investment team within the office and the region.
Required Qualifications: •10+ years of investment management experience
Desired Qualifications: •A BS/BA degree or higher •Advanced Microsoft Office skills •A Master of Business Administration (MBA) •High net worth client experience •CIMA-Chartered Institute of Management Accountants, CFA-Chartered Financial Analyst or comparable professional designation
Other Desired Qualifications: •Minimum 3 years' experience managing HNW or UHNW investment portfolios •7+ years' experience in investment/securities industry •Proven ability to generate new business and maintain internal and external referral sources •Experience presenting investment updates to clients and previous involvement in client sales presentations •Excellent communication skills with the ability to explain advanced complex ideas in a format comprehensible to clients •Demonstrated collaborative and cross discipline teamwork skills •Demonstrated ability to present compelling information to sophisticated groups effectively •Knowledge of core planning, banking and alternative strategy/ products and techniques used by UHNW clients and their other advisors to facilitate holistic management of multi-generational asset pools
Internal Number: Job ID #5457090
About Abbot Downing
Abbot Downing serves families and individuals, as well as endowments and foundations, to help preserve and grow assets while building legacies across generations. We go beyond traditional financial planning and asset management services to help clients address the financial, social and personal dimensions of wealth. Abbot Downing's 300 professionals serve clients in all 50 states. Our service model gives clients the attentiveness of a boutique firm complemented by the robust services of one of the strongest, most respected financial institutions in the world.
