The Bessemer Giving Fund Associate Advisor role is an exciting opportunity to join a collaborative team of dedicated professionals that service Bessemer’s ultra-high net worth clients to achieve philanthropic goals through the Bessemer Giving Fund (BGF), the sponsoring organization for Bessemer’s donor-advised funds (DAFs). Bessemer Giving Fund is a philanthropic trust that allows Bessemer clients to contribute, hold and invest assets along with recommending grants to charities. This position will report to the Director of the Bessemer Giving Fund and will be responsible for functions related to executing our philanthropic mission. Prior DAF or philanthropic experience is preferred but not required. The specific duties include:
ACCOUNT ADMINISTRATION
- Reviewing grant recommendations out of Bessemer Giving Fund accounts and verifying charitable status.
- Constructing customized Excel spreadsheets to assist Bessemer Giving Fund account management and related projects.
- Filing correspondence and other documents in internal databases.
- Reviewing and processing Bessemer Giving Fund incoming mail.
- Maintaining confidentiality across all aspects of working in a multi-family office setting.
INVESTMENT MANAGEMENT
- Proposing and implementing investment programs including trading DAF accounts.
- Proactively monitoring asset allocation in DAF accounts through cross-functional communication.
- Initiating and reviewing trade orders for rebalancing of DAF accounts.
- Reviewing daily reports and ensuring accuracy of account breakdowns.
INTERDEPARTMENTAL SERVICES
- Handling day-to-day communication with Client Advisor teams to advise on Bessemer Giving Fund inquiries and processes.
- Assisting with preparing materials for presentations using Excel, Word, PowerPoint and other internal applications as needed.
- Presenting at numerous high-visibility internal meetings and trainings.
PHILANTHROPIC SERVICES
- Analyzing and researching charitable grant recipients.
- Assisting with tax and audit reporting preparations.
- Researching philanthropic and DAF trends.
QUALIFICATIONS
- Bachelor's degree required.
- One or more years of related business experience preferred (Donor-Advised Fund, Wealth Management, Tax, Audit, and/or Philanthropy).
- Proven interest in financial markets and/or philanthropy preferred.
- Strong skills in the following areas: analytical & independent problem-solving; written and verbal communication; organizational and ability to manage multiple tasks; interpersonal and communicative abilities
- Demonstrated leadership and teamwork qualities.
- Successful candidate must be goal-oriented, detailed oriented and a motivated self-starter.
- Proficient in Microsoft Office Suite – Excel, Outlook, PowerPoint, Word, and Salesforce. High proficiency in Excel is strongly preferred.
The base salary range for this position is $75,000 - $95,000 per year. This range reflects the minimum and maximum base salary we reasonably expect to pay for this role. In addition, this position may be eligible to participate in the relevant business unit’s incentive compensation plan, and other compensation programs as applicable. Eligible employees may participate in a 401(k) program with a generous profit-sharing contribution, medical, prescription dental, and vision coverage; life insurance; disability coverage; paid holidays; vacation; and sick time, subject to plan terms and Company policies.
About Bessemer Trust:
- Bessemer Trust is a family office, overseeing $250 billion in assets for 3,000 individuals and families of substantial wealth. Its more than 1,300 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.
- Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.
- Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer’s adherence to putting clients’ interests first, fiduciary mindset, and highly collaborative culture are at the heart of everything the firm does.
Key Facts:
- For more than 119 years, Bessemer Trust has operated continuously in a single line of business, independently owned by one family.
- Headquartered in New York’s Rockefeller Center, Bessemer Trust has 22 offices in total. Woodbridge, NJ, is one of the firm’s largest offices, which hosts a wide range of technology and operations professionals. In addition to its sizable presence in New York and Woodbridge, the firm provides client service through offices in Atlanta, Boston, Chicago, Dallas, Delaware, Denver, Garden City, Grand Cayman, Greenwich, Houston, Los Angeles, Miami, Naples, Nevada, Palm Beach, San Diego, San Francisco, Seattle, Stuart, and Washington, D.C.
- To watch a video about Bessemer Trust’s history, click here.
- To learn more about Bessemer Trust, click here.
About Our Employee Rewards and Benefits:
- We provide exceptional rewards and benefits that are among the best in the industry, giving our people access to a wide range of options, including:
- Competitive base salary plus discretionary annual bonus for select positions
- A 401(k) plan with a generous annual profit-sharing contribution
- Personalized development and career opportunities, including tuition reimbursement support
- Comprehensive medical, dental, and vision plans with zero contributions for employee coverage
- Employee assistance (EAP) and wellness programs
- Hybrid work environment: 60% in office, 40% remote for most positions
- Paid time off and paid parental leave
- Employer-paid life insurance and short- and long-term disability coverage
- Legal services and financial wellness plans at no cost to employees
Bessemer Trust is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. We encourage candidates of diverse backgrounds to apply.
Bessemer Trust Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Bessemer Trust and has not been reviewed or approved by Bessemer Trust.
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Affordable Benefits — Employee health coverage requires zero employee contributions for individual medical, dental, and vision, indicating notably low costs. Feedback suggests core insurance remains affordable alongside included EAP and wellness programs.
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Retirement Support — A 401(k) with a generous annual profit-sharing contribution is provided, complemented by employer-paid life insurance and short- and long-term disability coverage. This structure strengthens long-term savings as part of total rewards.
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Leave & Time Off Breadth — Paid time off is described as generous, starting at three weeks and rising to four weeks by year three, with paid parental leave also offered. Feedback suggests vacation and family leave policies are a notable advantage of the package.
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What We Do
Privately owned and independent, Bessemer Trust is a multifamily office that has served individuals and families of substantial wealth for more than 110 years. Through comprehensive investment management, wealth planning, and family office services, we help clients achieve peace of mind for generations.
