Investment Associate

About Wealth Enhancement

Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 75,000 households from our over 100 offices - and growing - nationwide.

Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.

Our Little Silver, NJ office is looking for an Investment Associate to assist in portfolio management and provide support to the Financial Advisor (FA) team in delivering the best financial advice through knowledge of managed portfolio offerings and financial market events. This role is responsible for creating effective and efficient portfolios using components of varied asset classes and styles. The Investment Associate will work closely with the team’s Trading Analyst for training and daily guidance. This is a great opportunity for someone looking to develop new skills and knowledge.

The is an on-site position.

In the spirit of pay transparency, we are excited to share the base salary range for this position is $55,000 - $75,000, exclusive of bonuses and benefits. This role is also eligible for a discretionary bonus plan. We encourage you to apply and provide us with your compensation expectations when you do. We’re big on open conversations, so, let’s have one

Primary Job Functions

Portfolio Rebalancing

• Conduct daily trading, including portfolio set-up and maintenance

• Fulfill trade requests from advisor team

• Attain and maintain expert level knowledge of Orion software

Work with FA team to enable them to deliver relevant investment information to clients and prospects

• Provide support in answering FA questions by leveraging investment experience and deep knowledge of internally managed portfolios

• Present findings in oral and/or written form to appropriate individuals or groups

• Produce tools that assist with client retention and acquisition

Lead investment-related projects to maintain and improve operational efficiency

• Own the monthly performance reporting process

• Understand and work closely with the team staff to facilitate a complete sharing of information

• Seek to understand other aspects of the team functions to enhance the team’s depth of knowledge

Contribute to the construction and management of portfolios to maximize risk-adjusted returns

• Evaluate portfolio reports and consider variances, risk factors, individual client concerns regarding liquidity and special circumstances such as legacy positions and taxation

• Asset allocation (strategic portfolio construction and qualitative analysis)

Industry/ Product/Company Knowledge

• Demonstrate knowledge and can accurately execute against WEG’s Suitability Guidelines, operational processes, and sales model

• Understand financial terminology and products

• Develop working proficiency with annuities, mutual funds, separately managed accounts, fixed income, stocks, options, alternative investments, hedge funds, charitable giving practices

• Attend Client Services and company educational events

• May attend vendor presentations

Education/Qualifications

• Bachelor's Degree (or equivalent experience) in business; finance, economics or related

• 2 years in Financial Services

• Organizational skills and attention to detail with the ability to prioritize workflow and projects

• Strong analytical and PC skills with problem-solving abilities

• Intellectual curiosity in capital markets

• Superior verbal and written communication skills.

• Proficient with Microsoft Office Suite or related software.

• Familiarity with Salesforce and Support Org functionality

• Experience with Workday preferred

WEG hires employees and makes decisions about their salary qualifications based on factors such as: the role to be performed; educational and professional experience, qualifications, skills and credentials; tenure, cost-of-living and demand for the role in the applicable market. Thus, the entire salary range for those who are classified as the Associate level is $51,450 to $84,000. 

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Comprehensive Benefits Offerings

Our benefits aim to balance four key elements that make life and work meaningful: health and wellness, financial well-being, professional development, and work/life harmony. You may participate in the following benefits & development opportunities:

• Training and professional development

• Medical, dental and vision coverage (Available to employees and their families)

• Health Savings Account (HSA) with employer contribution and Flexible Spending Accounts (FSA) for medical, dependent, and transit expenses

• Life and AD&D insurance – employer paid and voluntary options

• Short-term and long-term disability, workers compensation – employer paid

• 401k with match and profit sharing

• Wellness programs and resources

• Voluntary benefits, including pet insurance

• 18 days of paid time off (PTO), accrued annually (25 PTO days after 4 years of service)

• 12 paid holidays each year (10 pre-determined and 2 floating days)

• Paid parental leave and paid caregiver leave (Caregiver leave available after 6 months of tenure)

• Reimbursement for tuition, licensing, and other credentials (Available after meeting service requirements)

Should you need reasonable accommodation when completing the application form or during the selection process, contact the Human Resources Department at 763-417-1700

Information provided on this application will be kept confidential and only be shared with those involved in the selection process.
Equal Opportunity Employer, including disabled and veterans. This organization participates in E-Verify.

Click the following link to view Federal and E-Verify posters: Link

OSHA Requirements: This position requires the ability to stand or sit for long periods of time, file documents in high or low cabinets, to use the telephone and to use the computer systems.