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Portfolio Manager

Willis Eckfeldt

Portfolio Manager

Mercer Island, WA
Full Time
Paid
  • Responsibilities

    Job Description

    WILLIS ECKFELDT, a personal financial planning, and investment firm in Mercer Island, is searching for a PORTFOLIO MANAGER to deliver trading, portfolio allocation, and financial planning excellence to the team and families we serve. This position will provide hands-on support to the advisors and clients, helping maintain and enhance overall efficiencies.

    The PORTFOLIO MANAGER must possess exceptional organizational skills and can prioritize tasks and manage time effectively. Must be able to maintain organizational systems and adapt to fit different managers’ styles. The ideal candidate will be professional and poised and value integrity and honesty. We seek someone with strong leadership and project management skills, who takes pride in owning their work with excellent follow through. Must be extremely service oriented. This is not an advisory position and will not lead to becoming an advisor.

    Key Responsibilities of the PORTFOLIO MANAGER:

    • Oversee client trades under direction of advisors

    o Execute trades on the following platforms: Clientworks (LPL Financial), Wealthscape (Fidelity), Schwab Advisor Center (Charles Schwab), DST Vision, various mutual fund websites

    • Manage portfolio allocations and provide advisors with specific recommendations

    o Review existing client portfolio allocations to determine if a rebalance is appropriate

    o Prepare reallocation of new client portfolios

    o Build up cash in accounts for distributions/withdrawals or management fees

    • Direct financial planning and retirement planning operations

    o Make investment and planning recommendations and present to advisors

    o Monitor plans on a semi-annual or annual basis and update as needed

    o Communicate with clients during financial plan construction process

    o Identify planning opportunities for prospective and current clients

    • Monitor and provide guidance for money movement

    o Monitor cash level in client accounts for distributions/withdrawals, management fees, excess cash

    • Oversee billing of advisory accounts

    o Before the end of each quarter review advisory accounts for sufficient cash to cover management fees

    o Calculate and make necessary adjustments to AUM percentage fee for specific clients

    • Establish client account paperwork and process internally and externally.
    • Enhance, perform, and monitor workflows required to service clients.
    • Ability to work with custodian interface by completing new account applications and various account maintenance forms, processing cash and securities transactions, and following up on transactions as needed.
    • Monitor and maintain databases including Orion, Redtail, and eMoney.
    • Establish client accounts and process internal and external asset movements through custodial platforms which are LPL, Fidelity, Schwab, and American Funds.
    • Prepare advisors for meetings with appropriate forms, reports, data, and research.
    • Help support staff such as checking mail, sending packages to clients, bringing coffee to clients, etc.

    WHAT THE SUCCESSFUL PORTFOLIO MANAGER WILL HAVE:

    • Bachelor’s degree in finance, business, or other related field.
    • Minimum 5 years of trading and planning experience in the financial services industry.
    • Deep understanding of all aspects of financial planning.
    • Experience with Orion and Eclipse trading platform, or other performance reporting/trading/rebalancing software such as Tamarac.
    • Experience with eMoney preferred, or other planning software such as MoneyGuidePro.
    • Proficient in all aspects of the Microsoft Office suite with strong Word and Excel skills, and ability to learn new software and technologies.
    • Series 7 and Series 66 licenses (or willing to obtain within a specified timeframe).
    • Self-starter, problem-solver and goal-oriented team player.
    • Able to respond in a timely manner, organize tasks, and adjust to changing priorities based on the needs of the firm.
    • Excellent written and verbal communication skills with strong attention to detail and accuracy.
    • Ability to work independently as well as effectively in a team environment. Must be able to lead a team and lead on team projects. Strong interpersonal and relationship building skills. Punctual.
    • Self-confidence, professionalism, personal integrity and an understanding of fiduciary responsibility and regulatory procedures.
    • Ability to maintain utmost discretion in working with sensitive and confidential information.

    OVERVIEW OF WILLIS ECKFELDT

    Willis Eckfeldt is a small, highly successful financial services company based in Mercer Island. We are committed to providing unexcelled service to our clients, helping them to prosper through our attention to their financial needs and goals combined with in-depth investment research and cutting-edge strategies. It’s our mission to offer a personalized, hands-on approach to a select clientele thus we strive to be responsive and empathetic as well as trusted and knowledgeable.

    OUTSTANDING BENEFITS INCLUDE:

    • Competitive compensation
    • Health, Dental, Vision
    • Life, Long and Short-Term Disability
    • Educational fees for certification
    • Parking or commuter subsidy
    • Generous Paid Time Off
    • 401k options
    • Weekly restorative yoga
    • Team building activities and Staff appreciation events

    Willis Eckfeldt places a high priority on work life integration by placing value on employees’ whole self through in-office mind/body practices, creating a supportive, harmonious, and enriching work atmosphere; thus personality and “fit” are as important as skills and work ethic.

    All Things HR, an external HR Consulting Company, has partnered with Willis Eckfeldt to assist with the hiring process. If this position looks like a fit for you, submit your resume and cover letter.

    Company Description

    Willis Eckfeldt is a small, highly successful financial services company based in Mercer Island. We are committed to providing unparalleled service to our clients, helping them to prosper through our attention to their financial needs and goals combined with in-depth investment research and cutting-edge strategies. It’s our mission to offer a personalized, hands-on approach to a select clientele thus we strive to be responsive and empathetic as well as trusted and knowledgeable.