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Discretionary Investment Management Jobs (NOW HIRING)

Our core business is providing discretionary investment management services to both institutions and private clients across the US, UK, Europe, Canada, Australia, Asia and the Middle East. The ...

Director of Investments

San Antonio, TX ยท On-site

$160K - $200K/yr

Five or more years of experience in investment research, portfolio management or discretionary investment management, preferably with an institutional investment manager or a registered investment ...

Our core business is providing discretionary investment management services to both institutions and private clients across the US, UK, Europe, Canada, Australia, Asia and the Middle East. The ...

Our core business is providing discretionary investment management services to both institutions and private clients across the US, UK, Europe, Canada, Australia, Asia and the Middle East. The ...

Our core business is providing discretionary investment management services to both institutions and private clients across the US, UK, Europe, Canada, Australia, Asia and the Middle East. The ...

Our core business is providing discretionary investment management services to both institutions and private clients across the US, UK, Europe, Canada, Australia, Asia and the Middle East. The ...

Our core business is providing discretionary investment management services to both institutions and private clients across the US, UK, Europe, Canada, Australia, Asia and the Middle East. The ...

Our core business is providing discretionary investment management services to both institutions and private clients across the US, UK, Europe, Canada, Australia, Asia and the Middle East. The ...

Our core business is providing discretionary investment management services to both institutions and private clients across the US, UK, Europe, Canada, Australia, Asia and the Middle East. The ...

Our core business is providing discretionary investment management services to both institutions and private clients across the US, UK, Europe, Canada, Australia, Asia and the Middle East. The ...

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Discretionary Investment Management information

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$32.5K

$71K

$140K

How much do discretionary investment management jobs pay per year?

As of Aug 8, 2026, the average yearly pay for discretionary investment management in the United States is $70,976.00, according to ZipRecruiter salary data. Most workers in this role earn between $52,500.00 and $78,000.00 per year, depending on experience, location, and employer.

What is the difference between Discretionary Investment Management vs Financial Advisor?

AspectDiscretionary Investment ManagementFinancial Advisor
CredentialsChartered Financial Analyst (CFA), Certified Financial Planner (CFP)CFP, Series 7, Series 66
Work EnvironmentManaged portfolios, investment firms, banksIndependent practice, banks, advisory firms
Employer & IndustryAsset management firms, private banksFinancial planning firms, banks, independent advisors
Primary FocusMaking investment decisions on behalf of clientsProviding comprehensive financial advice, including investments

Discretionary Investment Managers have the authority to make investment decisions for clients without prior approval, focusing mainly on portfolio management. Financial Advisors offer broader financial planning services, including investment advice, but typically require client approval for transactions. Both roles often hold similar certifications and work within the financial services industry, but their scope and decision-making authority differ.

What does a discretionary investment management do?

A discretionary investment manager is responsible for making investment decisions on behalf of clients without needing prior approval for each trade. They analyze market conditions, select securities, and manage portfolios to meet clients' financial goals, often using specialized tools and adhering to regulatory standards.

How does a discretionary investment manager typically collaborate with clients and internal teams to tailor investment strategies?

Discretionary Investment Managers work closely with clients to understand their financial goals, risk tolerance, and investment preferences, often beginning with detailed consultations and regular check-ins. Internally, they collaborate with research analysts, portfolio managers, and compliance professionals to design and adjust portfolios that align with both client objectives and market conditions. This team-based approach ensures that investment decisions are well-informed, timely, and compliant with regulatory standards. Ongoing communication and transparency with both clients and colleagues are essential to building trust and delivering successful outcomes.

What are the key skills and qualifications needed to thrive as a discretionary investment manager?

To thrive as a Discretionary Investment Manager, you need a strong background in finance, portfolio management, and investment analysis, typically supported by a finance degree and relevant certifications such as CFA or CIM. Proficiency with portfolio management systems, financial modeling tools, and market data platforms like Bloomberg is essential. Strong analytical thinking, decision-making under pressure, and excellent client communication skills help set top performers apart. These competencies are crucial for making informed investment decisions, managing client portfolios effectively, and building trust with clients.

What is discretionary investment management?

Discretionary investment management is a service where a professional portfolio manager makes investment decisions on behalf of a client, based on the client's agreed-upon objectives and risk tolerance. The manager has the authority to buy and sell securities without requiring client approval for each transaction, allowing for timely and efficient portfolio management. This approach is commonly used by individuals who prefer to delegate day-to-day investment decisions to experts, trusting them to act in their best interest within the established guidelines.
More about Discretionary Investment Management jobs
What states have the most Discretionary Investment Management jobs? States with the most job openings for Discretionary Investment Management jobs include:
What job categories do people searching Discretionary Investment Management jobs look for? The top searched job categories for Discretionary Investment Management jobs are:
Infographic showing various Discretionary Investment Management job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $70,976 per year, or $34.1 per hour.

Investment Managing Director, Private Clients

Cambridge Associates LLC.

Boston, MA โ€ข On-site

$300 - $450/hr

Other

Posted 15 days ago


Job description

## Investment Managing Director, Private ClientsApplylocations: Bostontime type: Full timeposted on: Posted 2 Days Agojob requisition id: JR0000354**Firm Overview:**Cambridge Associates (โ€œCAโ€) is a leading global investment firm. CAโ€™s goal is to help endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios that generate outperformance so that they can maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, and investment consulting. Headquartered in Boston, Massachusetts, CA has offices in key markets in North America, the United Kingdom, Europe, Asia, and Oceania. Our worldwide teams ensure our clients benefit from decades of global presence, local expertise, and relationships with the top global investment managers across the world. For more information, please visit www.cambridgeassociates.com. **Job Description Summary:**POSITION OVERVIEW We are seeking to hire an experienced investor at the Managing Director level who will work as part of an investment team to manage private client assets, constructing and managing client portfolios and communicating timely information to clients. Client portfolios range in size from $100 million to several billion dollars. Our investment teams function as the non-discretionary or discretionary investment manager for families in multiple jurisdictions throughout the US. They are guided by these objectives: ยท Generate top decile/quartile investment performance ยท Maintain high client satisfaction ยท Develop the next generation of talent The Managing Director will serve as a senior investment leader on the team, responsible for day-to-day oversight of investment portfolios, team management, and client engagement. Focus areas include leading client relationships (both discretionary and non-discretionary) interacting directly with key decision makers (family members, Board or IC members, Family Office staff and outside advisors), driving investment strategy and asset allocation, investment manager selection and evaluation, risk management, and investment performance monitoring. The Managing Director is also responsible for the management and development of the broader investment team. In addition to their work with existing clients, the Managing Director will partner with Global Client Solutions to pursue new client relationships. Responsibilities regarding new business development include building referral networks through strong work with existing clients and related outside advisors, partnering with business development professionals to qualify prospective clients, and leading pitches in conjunction with other investment team members. **Job Description:**RESPONSIBILITIES* Lead investment team in creating and developing diversified portfolios to meet customized client objectives* Select and evaluate investment managers for all asset classes* Work with and present directly to clients; develop robust relationships with sophisticated clients, GPs, and centers of influence* Develop and implement investment objectives, policies, and asset allocations for complex portfolios and trust structures* Represent Cambridge Associates externally through marketing presentations, conferences and other business development opportunities* Provide mentorship and leadership of the investment team, fostering a culture of excellence, innovation, and continuous improvementQUALIFICATIONS* BA/BS required. An MBA or CFA strongly preferred* Minimum of 20 years of investment experience ideally at an investment firm, a large institutional investor, or family office* Well-developed network in the family office community* Exceptional communication and negotiation skills with clients โ€“ ability to break down complex concepts, strong presence, careful listening, ability to adapt in the moment to concerns expressed, conviction articulating a path forward* Deep investment acumen and capital markets experience; skilled at identifying and evaluating managers and building resilient relationships* Commercially successful in building and retaining books of business* Boston or New York; Boston preferredBase salary range for this role:Pay Range Minimum:0Pay Range Maximum:0In addition to the listed salary range, this position is eligible for an annual performance-based bonus and a comprehensive, competitive benefits package. Actual placement within the stated salary range will be determined based on factors such as skills, experience, and qualifications, as well as internal equity.The firm is committed to the concept and practice of equal employment opportunity and will not discriminate against any employee or applicant on the basis of race, color, religion, age, sex, national origin, sexual orientation, gender identity, disability, or veteran status. It is expected that all employees will follow a similar policy toward their co-workers. #J-18808-Ljbffr