The Portfolio Manager Specialist is a senior level position on a FA/PWA team that is responsible for the development, maintenance and oversight of the investment strategy and asset allocation for clients serviced by the team. This role will work within the firm’s Portfolio Management program.
DUTIES AND RESPONSIBILITIES:
•Leverage the firm’s Portfolio Management (“PM”) program to open investment advisory accounts and manage their investment strategy on a discretionary basis
The Portfolio Management program is administered by the Portfolio Management Group (“PMG”), a sub- division of the Consulting Group (“CG”)
•Support Financial Advisors in analyzing portfolios and developing advanced PM solutions and strategies based on clients’ investment objectives
•Lead meetings to discuss investment strategy options and performance
•Manage client interaction by participating and driving client prospecting and meetings
•Develop and oversee investment functions including, but not limited to the oversight of policies, procedures, reporting and performance metrics via firm approved resources, the development of asset allocation models and implementation of strategy
•Critically examine and rebalance current portfolio holdings when necessary
•Review and develop recommendations as to the appropriate benchmarks for the current asset allocation
EDUCATION AND/OR EXPERIENCE
•Minimum of bachelor’s degree or comparable professional certification required
•10 or more years of relevant work experience preferred
•Active Series 7, 63 and must maintain investment adviser representative (RA) registration, where required, in their place of business state and any other state(s) where the individual maintains a physical place of business. Additional product licenses may be required
Product and state licenses must be in parallel to Financial Advisors on the Team
•Minimum of 3 years FINRA Registration required, 5 years preferred
•Morgan Stanley PM Certification – If accepted as a candidate for this role, individuals must complete the FA discretionary application and complete the required PM coursework prior to obtaining the designation
KNOWLEDGE/SKILLS
•Financial industry and product knowledge
•Effective written and verbal communication skills
•Knowledge of applicable compliance rules and regulations and firm policies
REPORTS TO:
•Branch Manager or Associate Market Manager
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.
Skills Required
- Bachelor's degree or comparable professional certification
- Active Series 7 registration
- Active Series 63 registration
- Investment adviser representative registration where required by state
- Additional product and state licenses as required
- Minimum of 3 years of FINRA registration
- Licenses must be held in parallel with the Financial Advisors on the team
- Completion of the FA discretionary application and required portfolio management coursework
- Morgan Stanley Portfolio Management certification
- 10 or more years of relevant work experience
- 5 years of FINRA registration
Morgan Stanley Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Morgan Stanley and has not been reviewed or approved by Morgan Stanley.
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Healthcare Strength — Health coverage is characterized as comprehensive, with medical, dental, vision, and added supports like One Medical and mental-health sessions. Feedback suggests the overall package is strong to excellent for a large financial-services employer.
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Retirement Support — Retirement programs include a 401(k) with company matching and related financial benefits. These features are frequently highlighted as part of a broad, competitive package.
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Parental & Family Support — Family benefits are noted for generous paid parental leave, fertility support, and caregiver leave. Feedback suggests these offerings stand out as a strength within the package.
Morgan Stanley Insights
What We Do
Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide its more than 60,000 employees in 1,200 offices across 41 countries.
