ZipRecruiter

Log In

1

1940 Act Attorney Jobs (NOW HIRING)

Tidal Financial Group

1940 Act Attorney

About the role We are seeking a junior to mid-level 1940 Act Attorney (2-7 years of experience) to support legal work related to 1940 Act-regulated investment companies, primarily ETFs. This role is ...

ultimus

VP, Legal Counsel

Elkhorn, NE

A J.D. and membership (or anticipated membership) in the bar of at least one state. * 5 years of experience as a 1940 Act attorney. * Management and leadership experience. KNOWLEDGE * Investment ...

Ultimus Fund Solutions

VP, Legal Counsel

Hauppauge, NY · On-site

$145K - $200K/yr

A J.D. and membership (or anticipated membership) in the bar of at least one state. * 5 years of experience as a 1940 Act attorney. * Management and leadership experience. KNOWLEDGE * Investment ...

MFS

Assistant Counsel

Boston, MA

Equivalent experience in a non-attorney role will also be considered on a case-by-case basis. * Strong working knowledge of the 1940 Act as well as the Investment Advisers Act of 1940. * Must be a ...

MFS Investment Management

Assistant Counsel

Boston, MA · On-site

Equivalent experience in a non-attorney role will also be considered on a case-by-case basis. * Strong working knowledge of the 1940 Act as well as the Investment Advisers Act of 1940. * Must be a ...

MFS

Counsel - Investment Management

Boston, MA

... attorney in investment management, financial services or industry-related firm, or experience at a law firm. * Strong knowledge of the 1940 Act as well as the Investment Advisers Act of 1940.

T Rowe Price

Managing Legal Counsel - ETFs

Owings Mills, MD · Hybrid

$48K - $66K/yr

The position will be a member of the 1940 Act Regulatory Oversight team in Owings Mills, MD. As ... Minimum of 10 years of direct, hands-on experience as a lawyer specializing in ETFs. * In-depth ...

next page

Showing results 1-20

All Jobs1940 Act Attorney Jobs

1940 Act Attorney information

See salary details

$48.5K

$127.4K

$203K

How much do 1940 act attorney jobs pay per year?

As of Jul 19, 2026, the average yearly pay for 1940 act attorney in the United States is $127,368.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,000.00 and $147,000.00 per year, depending on experience, location, and employer.

What is a 1940 Act Attorney job?

A 1940 Act Attorney specializes in legal matters related to the Investment Company Act of 1940 and the Investment Advisers Act of 1940. They provide counsel on regulatory compliance, fund formation, securities law, and corporate governance for investment companies, mutual funds, and asset managers. Their role includes drafting disclosure documents, handling SEC filings, and advising on fiduciary responsibilities. These attorneys often work in law firms, asset management firms, or regulatory agencies.

What are the key skills and qualifications needed to thrive in the 1940 Act Attorney position, and why are they important?

A 1940 Act Attorney needs extensive knowledge of the Investment Company Act of 1940, securities law expertise, and a Juris Doctor (JD) degree with bar admission. Familiarity with SEC filings, compliance systems, and legal research tools such as Westlaw or LexisNexis is essential. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills. These skills ensure the attorney can successfully advise financial institutions, maintain regulatory compliance, and mitigate legal risk in the highly regulated asset management industry.

What are the common challenges faced by a 1940 Act Attorney in a financial services firm?

As a 1940 Act Attorney, you’ll frequently navigate complex, evolving regulatory requirements and interpret how new SEC rules impact your clients’ operations. One of the main challenges is balancing robust legal compliance with business objectives, often requiring creative problem-solving and proactive risk management. You may also encounter tight deadlines for regulatory filings and need to collaborate closely with compliance, portfolio management, and product development teams. Staying current with industry trends and regulatory updates is vital to ensure your guidance remains accurate and actionable.

More about 1940 Act Attorney jobs
What cities are hiring for 1940 Act Attorney jobs? Cities with the most 1940 Act Attorney job openings:
What are the most commonly searched types of 1940 Act Attorney jobs? The most popular types of 1940 Act Attorney jobs are:
What states have the most 1940 Act Attorney jobs? States with the most job openings for 1940 Act Attorney jobs include:
What job categories do people searching 1940 Act Attorney jobs look for? The top searched job categories for 1940 Act Attorney jobs are:
1940 Act Attorney jobs near you
Infographic showing various 1940 Act Attorney job openings in the United States as of July 2026, with employment types broken down into 25% Internship, 69% Full Time, 3% Part Time, 1% Contract, and 2% Summer. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $127,368 per year, or $61.2 per hour.
1940 Act Attorney

1940 Act Attorney

Tidal Financial Group

Remote

Full-time

Posted 12 days ago

Job description

Tidal Financial Group is a leading ETF investment technology platform dedicated to creating, operating, and growing ETFs. We combine expertise and innovative partnership approaches to offer comprehensive, value-generating ETF solutions.
Our platform offers best-in-class strategic guidance, product planning, trust and fund services, legal support, operations support, marketing and research, and sales and distribution services.
About the role
We are seeking a junior to mid-level 1940 Act Attorney (2-7 years of experience) to support legal work related to 1940 Act-regulated investment companies, primarily ETFs. This role is designed for an attorney who is continuing to build subject matter expertise and deepen their experience in the ETF and broader asset management space.
In this role, you will work closely with senior attorneys, internal business teams, and clients to assist in providing clear, practical legal guidance and executing on key regulatory and product-related initiatives. A core focus will be drafting and supporting the review and filing of ETF registration statements and related disclosures, while helping facilitate efficient and well-coordinated review processes with external counsel and the SEC.
The Tidal Legal team delivers business-oriented, solutions-focused legal guidance and partners closely with internal stakeholders, clients, and third-party service providers. This position offers the opportunity to take ownership of meaningful workstreams while contributing to the launch and ongoing operation of ETFs in a collaborative, team-first environment.
What you'll do
  • Support the provision of legal counsel on matters related to SEC-registered investment advisers, investment companies, and fund administration firms, with a focus on delivering clear, practical guidance
  • Assist in drafting and updating registration statements, including prospectuses and Statements of Additional Information (SAIs), as well as annual updates and other regulatory filings, with an emphasis on clarity and accuracy
  • Draft and refine investment strategy and risk disclosures, including for funds utilizing derivatives or other complex strategies, applying "plain English" principles in drafting disclosures with guidance from senior team members
  • Collaborate cross-functionally with internal teams and clients to support ETF launches and ongoing fund operations, helping ensure alignment and smooth execution
  • Conduct legal research and help prepare written and oral guidance on a variety of 1940 Act-related issues, communicating findings clearly to both legal and non-legal audiences
  • Assist in preparing filings and documentation for new products and services, including trust formations and proxy or information statements
  • Contribute to ongoing process improvements that enhance efficiency, organization, and consistency across fund launches and compliance workflows
  • Take ownership of assigned workstreams, managing timelines and priorities to support timely and high-quality delivery
  • Perform other responsibilities as assigned

Qualifications
The successful candidate will have the following skills and experience:
  • 2-7 years of relevant legal experience, with exposure to the Investment Company Act of 1940 and/or Investment Advisers Act of 1940
  • Experience at a law firm or in-house legal department supporting registered funds or investment advisers preferred
  • A J.D. and active membership (or eligibility) in good standing with at least one U.S. state bar
  • Familiarity with registration statements and regulatory filings for investment companies is strongly preferred
  • Strong drafting skills, with the ability to write clearly and apply "plain English" principles to legal disclosures
  • Solid research and analytical skills, with strong attention to detail and a thoughtful, solutions-oriented approach
  • Effective communication skills, with the ability to work collaboratively with internal stakeholders and clients
  • Strong organizational skills and the ability to manage multiple workstreams with appropriate supervision
  • A proactive, accountable approach to meeting deadlines and managing competing priorities

Preferred Qualifications
  • Prior experience working specifically with ETFs or similar investment products
  • Exposure to interactions with the SEC, including comment letter processes
  • Interest in financial markets and the asset management industry

Apply