At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships. We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career.
Brown Brothers Harriman is currently recruiting a Relationship Associate (RA) to join our Capital Partners team in New York. Capital Partners focuses on providing Investment Advisory and Wealth Management advice to families and institutions with at least $10 million of investable assets. As a Relationship Associate (RA), you will support Sr. Relationship Associates (Sr. RA) and Relationship Managers (RM) by serving as a point of contact for high-net-worth clients and institutional contacts on behalf of the Sr. RA or RM. You will manage the day-to-day activities of the RM’s client base and ensures that client needs are met, including managing all account maintenance activities, resolving all account related problems, preparing client presentation materials and on occasion participating in client meetings. To be successful, you will need excellent verbal and written communication skills, a dedication to superior client service, and a passion for wealth management.
Some of your key responsibilities include:
Relationship Management
Coordinate day to day activities of dedicated client base and ensure client needs are being met and that BBH services are properly delivered.
Serve as point of contact for all portfolio related questions (e.g., cash availability, money transfers, reporting concerns).
Assist Sr. RA, RM or Office Head with presentations for client meetings on specific client information such as holdings, capital activity and performance in client accounts.
Participate in prospect and client meetings, including but not limited to, discussions surrounding our service offerings.
Investment Execution
Implement and execute all core portfolio activities including those related to investments in Equities, Fixed Income and Cash Management on behalf of the RM.
Serve as interface on behalf of client with central management teams within BBH.
Identify accounts that should be rebalanced or repapered in preparation for account reviews, including reviewing asset allocation and making sure guidelines for investing have not changed.
Create client meeting materials.
Assist with the management of all non-strategic decisions (checks, funds transfers, and gifting etc.).
Interact with 3rd party service providers (e.g., outside custodian, NFC, Schwab, Merrill SPA).
Interface with the Trust Company regarding distributions and terminations.
Troubleshoot client account issues such as portfolio reporting/activity, client reference data, RM client data requests, assistance with understanding statement or non-receipt of mailing.
Risk Management & Administration
As day-to-day contact point with clients, elevate all at risk issues to Sr. RA and/or RM.
Document start of relationship (e.g., new account documents, fee schedule).
Ensure total compliance at the account level and oversee and respond to all compliance reports (i.e., overdraft reports, approved trades, delinquent documentation, Investment Policy Statements (IPS)).
Initiate all account maintenance activities, including account reviews/approvals, documentation, meeting materials, address or name changes, and performance evaluations.
Assist in efforts relating to the completion of client requests.
Ensure client account materials are up to date and accurate (e.g. IPS).
Qualifications:
Bachelor’s degree required
0-3 years of relevant work experience
Demonstrated academic interest and achievement as evidenced through strong academic credentials and/or extracurricular activities
Client service experience and aptitude required
Strong organizational and analytical skills
Strong attention to detail
Ability to work effectively in a team environment
Proficient in MS Office, particularly Excel
This role is based in our New York City location and is fully in-person, with 5 days per week in office.
Salary Range
$80k-$90k base salary + annual bonus target
BBH’s compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. BBH's total rewards package recognizes your contributions with more than just a paycheck—providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being.
We value diverse experiences. We value diverse experiences and transferrable skillsets. If your career hasn’t followed a traditional path, includes alternative experiences, or doesn’t meet every qualification or skill listed in the job description, please do go ahead and apply.
About BBH:
Brown Brothers Harriman (BBH) is a premier global financial services firm, known for premium service, specialist expertise, technology solutions and partnership approach to client management. Across Investor Services and Capital Partners, we work with an enviable roster of sophisticated clients who make BBH their first call when they are tackling their hardest challenges. Delivering for our clients and each other energizes us.
We believe that how we do our work is just as important as what we do. We are relentless problem solvers who know our best ideas come from collective debate and development—so we are never possessive about our ideas. Every day we come together as a diverse community of smart and caring people to deliver exceptional service and expert advice—creating success that lasts. No matter where you sit in the organization, everyone is empowered to contribute their ideas. BBHers can pick up the phone and call any colleague, and they are happy to help. Expanding your impact beyond your daily role is part of how we operate as trusted partners to one another.
We believe stability is a competitive advantage, but being stable means having the knowledge, skill, and discipline to evolve, often—pushing the boundaries of innovation. As a private partnership, every investment we make is in the relationships, technologies, products and development we believe are in the long-term interests of our clients and our people. Our long-tenured leaders are experts in their areas and are actively involved in the day-to day business, taking the time to provide guidance and mentoring to build the next generation of BBHers. Because we know, our success begins with yours.
Go to BBH.com to learn more about our rewards and benefits, philanthropy, approach to sustainability or how we support you to thrive personally, physically and financially.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.Similar Jobs
What We Do
Brown Brothers Harriman (BBH) is a privately-held financial institution that has been a thought leader and solutions provider for over 200 years. We serve the most sophisticated individuals and institutions with expertise in Private Banking, Investment Management and Investor Services. Our 5,000 employees operate from 17 locations throughout North America, Europe and Asia.
