Address
Form of work
SalaryInvestment Consultant
Job Number:
3245740
POSTING DATE: Jan 9, 2024
PRIMARY LOCATION: Americas-United States of America-Florida-Miami
JOB: Wealth Management
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Professional
DESCRIPTION
Description - External
The Investment Consultant position is on a FA/PWA team that is responsible for the development, maintenance and oversight of the investment strategy and asset allocation for clients serviced by the team. This role will work within the firms Portfolio Management program.
DUTIES and RESPONSIBILITIES:
- Leverage the firms Portfolio Management ("PM") program to open investment advisory accounts and manage their investment strategy on a discretionary basis o The Portfolio Management program is administered by the Portfolio Management Group ("PMG"), a sub-division of the Consulting Group ("CG")
- Supports Financial Advisors in analyzing portfolios and developing advanced PM solutions and strategies based on the clients investment objectives
- Lead meetings to discuss investment strategy options and performance
- Manage client interaction by participating and driving client prospecting and meetings
- Develops and over sees investment functions including, but not limited to the oversight of policies, procedures, reporting and performance metrics via firm approved resources, the development of asset allocation models and implementation of strategy
- Makes asset allocation recommendations and sets up the portfolio within the Portfolio Management program.
- Critically examines and rebalances current portfolio holdings when necessary
- Reviews and develops recommendations as to the appropriate benchmarks for the current asset allocation
- This role will not sell, manage, or provide recommendations for any accounts outside of the firms Portfolio Management program (This includes, but is not limited to the any other brokerage program or managed account programs that the firm may offer)
QUALIFICATIONS
Qualifications - External
Education and/or Experience
- College degree or professional certification required
- 10 or more years of relevant work experience preferred
- Active Series 7, 63 and 65 or Series 7 and 66, or successful completion of Series 7 and Series 66 exams within the time frame provided by applicable company policy
- Additional product licenses may be required
- Minimum of 5 years FINRA Registration preferred
Knowledge/Skills
- Financial industry and product knowledge
- Effective written and verbal communication skills
- Knowledge of applicable compliance rules and regulations and firm policies
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
