Position: Associate, Strategic Advisory
Department: Emigrant Partners
Reports To: Director of Research & Consulting
Employment Status: Full-Time, Exempt (Hybrid in office)
Office Location: 22 Vanderbilt New York, NY
Emigrant Partners Overview:
Emigrant Partners (“EP”) is a long-term capital and strategic advice partner that makes minority investments into wealth and alternative asset management firms. Our Strategic Advisory team works closely with our portfolio companies to support their growth goals and objectives, while also creating thought leadership, events and research that continuously educate our network. As one of the earliest minority investors in the space, EP’s 20 partner firms include industry leaders that collectively advise on more than $100 billion of assets. Our investment model allows our partner firms to remain independent and empowers founders and the next generation to continue running the day-to-day operations of the businesses. EP affords the opportunity to be part of an ambitious, dynamic, tight knit, and entrepreneurial team with a pristine reputation and strong track record. EP is owned by Emigrant Bank, led by Howard P. Milstein and the Milstein family.
Job Description:
EP is looking for a talented, highly motivated Associate to join the Strategic Advisory team and work with our partner firms to support their strategic plans, growth initiatives and human capital needs. This role will work closely with senior members of the Strategic Advisory team to deliver data-driven insights, develop research reports and educational materials for our partner firms, and build analytical models that will inform growth strategies and decision-making. The ideal candidate will understand the wealth management industry and importantly, will be able to transform research and data into insights and perspectives for our partner firms and teams within Emigrant Partners. In addition, this individual should have strong writing skills that can be applied when creating reports, presentations and communications for both internal and external use.
Responsibilities:
• Collect and analyze partner firm and industry data to develop clear and concise reports and summaries that support highly customized partner firm project work. Must be able to blend quantitative and qualitative approaches as part of our consulting and engagement process and present data in an actionable, efficient style
• Contribute directly to project-based value creation initiatives that inform the direction of our partner firms’ growth strategies, organizational design, compensation plans and technology investments
• Develop and manage proprietary databases that examine partner firm financial performance, as well as key compensation metrics and best practices
• Directly support Managing Director and Director of the Strategic Advisory team on the development of thought leadership, educational modules and proprietary research that is distributed externally and to the EP Partner firm network
• Develop presentations, project plans and workbooks that support the execution of Strategic Advisory initiatives and projects. Liaise directly with partner firms to ensure projects maintain momentum and hit key milestones and deadlines
Qualifications:
• 3-5 years of experience, with a background in consulting, private equity or investment banking
• Bachelor’s degree
• Outstanding analytical and problem-solving skills
• Experience in the wealth & asset management sector is helpful, but not required
• Advanced proficiency in Microsoft Excel and PowerPoint including financial modeling, analytical, and research skills
• Self-starter with a strong work ethic, problem-solving mindset, and eagerness to learn
• Highly adaptable, disciplined and capable of working independently
• Strong interpersonal and communication skills, with exceptional attention to detail
What Success Looks Like:
• Produces accurate and timely analyses that evolves and improves throughout a project or research process
• Data-driven, analytical, and problem-solving skills support insights and recommendations, while also inviting questions and critical thinking into projects and processes
• Simplifies the complex
• Associate can see how his/her work contributes directly to the success of our partner firms
• Actively contributes to a positive company culture and work environment of collaboration and shared success
Compensation Range:
• $200k - $250k all-in cash compensation split across base and bonus
Top Skills
What We Do
Emigrant Partners is a capital and advice partner that makes minority investments into wealth, asset, and alternative asset managers. Currently, we are partners with 20 growth-oriented firms collectively advising on over $100 billion of AUM/AUA. We provide our partner firms long-term, stable capital, and growth support through our strategic guidance. Our model allows partner firms to retain control over their strategy, investment decisions, and day-to-day operations.
