Behavioral Finance Jobs (NOW HIRING)

• Attractive base salary to start based on current business profile, eventually payout based

• 45-50% of revenue generated for legacy business

• Negotiable percentages for larger books of business

• Benefits include 401K, medical, dental, vision

• Complete ownership of the business you bring to company

• A built-in way to "cash out" should you wish to

Lead advisors are the primary manager of the client relationship. They are responsible for managing existing client relationships and for formulating and implementing advice and may rely on specialists for expertise and recommendations. They also develop new client relationships and often work with, train and supervise other client service team members..

• Client relationship development and management, including frequent client contact

• Client service, including planning updates, portfolio changes and reviews

• Client asset management, including coordination of complete financial planning and wealth management. Depending upon the situation, the firm can manage portfolio assets and leave the advisor to service clients.

• Staff supervision, development and reviews for direct reports (assistant typically)

Someone who seeks to work with UHNW clients ($10-25MM+) with a current client base of clients between $1-$10MM or higher. Depending upon size of business and career goals could be a partner in the firm with strong resources, and to provide a personal touch to clients. NOT looking for someone who wants to be at a large firm. They provide services to a range of clients; business founders to billion dollar families; need someone flexible to variety & eager to build relationships over time.

Must have a successful book of business they can bring over; AUM at least $20-30MM, closer to $50-75MM is ideal. 5+ yrs ideal, 10-12 years max. Entrepreneurial mindset. Fiduciary Investment Advisor approach, NOT a broker approach. Series 7 business is not desired; a very small amount is tolerated.

• AUM of $50MM+

• Fiduciary Investment Advisor and/or financial planning orientation

• Investment style: Asset allocation based, blend of active and passive, open to alternative investments

• Business development mindset, work with or have aspirations to work with HNW (high net-worth) clients (5- 25MM+)

• Share a passion for client service and entrepreneurial spirit

• Desire to work in a team structure

• Appreciate the role of Behavioral Finance (Founder is a thought leader in this area)

• Full back-office functionality and support, including client transition support

• Shared IT, administrative and marketing assistance

• Trading team

• Compliance and legal support

• Errors & omissions and cybersecurity insurance

• Billing functionality and support

• Sophisticated performance reporting software - Addepar

• Your choice of Schwab or Pershing as custodian

• Access to E-Money Advisor financial planning software

• Join an independent team of best-in-class advisors with deep UHNW (Ultra-high net worth individuals) experience

• A differentiated institutional investment approach

• Expertise in Behavioral Finance and the psychology of money

• Turnkey practice management solutions with a strong in-house operations team

• Best-in-class tech stack including sophisticated performance reporting software

• High payout and benefits; potential for monetization of your business

• Started in 2016 by two partners from Mercer Investment Consulting with CFAs, our firm has a strong tradition in institutional consulting as well as Behavioral Finance publishing and research

• Ten advisory staff employees, many with advanced credentials and degrees, two external advisory partners, one local investment research firm with 15 investment researchers

• We have over $3 billion in assets under advisement as of 12/31/2022.

• "Wrote the book" on Behavioral Finance

• We are a fee-based advisory practice with a focus on transparency of fees and conflicts of interest

• Objective is to maintain a low client to advisor ratio

Investment Management

• Investment policy statement (IPS) development

• Asset allocation and manager selection recommendations

• Monitoring and rebalancing

• Private equity program development and modeling

Financial Planning

• Goal setting

• Budgeting, cash flow management

• Insurance planning, scenario planning

• Estate and tax planning scenarios

Strategic Coordination

• Estate and gift tax planning

• Tax minimization strategies

• Coordinate with other professional service providers

Administrative Services

• Customized consolidated reporting

• Private equity subscription documents

• Processing capital calls

• Coordinating K-1's

• Cloud based bill Pay services for families

Family Education

• Saving & investing overview

• Alternative and private investment education

• Customized family education

• Market environment updates

• Whitepapers

Family Governance

• Mission development

• Values development and communication

• Assist with family meetings

• Advise on family office structure

Charitable Giving Strategies

• Develop philanthropic plan

• Manage Private Foundations

• Coordinate with estate plans

Safeguarding your assets

• Has SEC regulated Policies and Procedures for trading and money movement