Portfolio Manager Associate
Job: Portfolio Manager Associate (PMA)
NorthStar Advisory Group is an independent RIA that focuses on planning and investing for families and small businesses. NorthStar invests all assets through its proprietary models and investment strategies.
This role will report to the Chief Investment Officer (CIO) and work on trading and portfolio administration responsibilities. The role will interface with the entire team, including investing, research, financial planning, marketing, client service and administrators. Candidates should be passionate about wealth or asset management, eager to learn, leverage and grow their skillset. This is an entry level position with upward mobility. Candidates will work in a hybrid setting and will be required to come to New Hope, PA multiple days a week.
++Role includes:++
Trading & Account Management (roughly 67% of the time)
o Facilitate trades through our trade order management software system for stocks and ETF’s
o Trade individual bonds (corporates, muni’s, treasuries)
o Utilize our proprietary models to invest new accounts and client cash flows
o Manage cumulative taxation for client accounts
o Oversee stock and bond allocations
o Monitor investment model changes, account groupings, restriction lists
Investment Research (roughly 33% of the time)
o Listen to corporate earnings reports and complete templates
o Monitor news flow on financial markets and portfolio positions
o Analyze sector & industry themes
o Utilize quantitative models to identify investment ideas
o Learn & monitor technical analysis for entry and exit points
o Perform directed fundamental analysis for CIO
++Required Qualifications:++
· Bachelor’s degree (preferably in finance or economics), MBA a plus
· Candidate has experience or had an internship in financial services
· Proficient in Excel
· Ability to work in a team environment (virtual via Teams and Zoom)
· Strong attention to detail
· Ability to multi-task
· Excellent organizational skills
· Excellent communication skills
· Experience with any of the following: trade order management systems, Black Diamond, Schwab or FactSet a plus
++Compensation:++
· Compensation will include a salary and discretionary bonus
· Salaries are reviewed mid-year and bonuses at end of calendar year
· Total compensation will be commensurate with experience
++Benefits include:++
· Healthcare benefits
· 401k/profit share plan
· 15 days off (annually)
· Working hybrid