Associate Investment Portfolio Manager

Northstar Financial Planning is a growing privately owned wealth management firm with over $260 million in assets under management. Founded in 1994, we are an independent Fee-Only Registered Investment Advisory firm committed to prioritizing our clients’ best interests. Our team is dedicated to delivering exceptional investment management and financial planning services. We employ a passive investment strategy focused on capturing market returns, utilizing mutual funds and ETFs to construct diversified client portfolios. Our approach emphasizes long-term growth, cost efficiency, and evidence-based investment practices, avoiding stock picking or active trading.

Position Overview: The Associate Investment Portfolio Manager (APM) will play a key role in supporting the firm’s portfolio management and client service efforts. This role requires a detail-oriented professional with a strong understanding of passive investment strategies and financial markets, as well as a commitment to delivering outstanding client experiences. The APM will collaborate with senior team members, leverage technology to enhance portfolio efficiency, and help refine investment processes. This position offers opportunities for professional growth within a client-focused, evidence-based investment firm.

Key Responsibilities:

Portfolio Management

• Assist in constructing, trading, and rebalancing client portfolios.
• Conduct research on allocation models, mutual funds, and ETFs to ensure alignment with the firm’s investment approach.
• Incorporate tax-efficient strategies to optimize client outcomes.
• Stay updated on market trends, economic data, and regulatory changes impacting investment strategies.

Client Service and Reporting

• Create investment proposals for prospective clients.
• Collaborate with advisors to develop customized investment plans and investment policy statements tailored to each client's financial objectives.
• Manage client cash flow needs, handling both distributions and contributions.
• Monitor portfolio performance and audit client performance reporting.
• Respond to client inquiries regarding portfolio performance, allocation, and market developments.

Operations

• Coordinate with custodians and other service providers to ensure accurate execution of trades and portfolio updates.
• Maximize the use of technology to create efficiencies in the investment management process.
• Maintain compliance with industry regulations and internal policies in all portfolio management activities.

Qualifications:

Bachelor’s degree in Finance, Economics, or a related field. Advanced degrees or certifications (e.g., CFA, CFP) are a plus.
Series 65 license.
2+ years of experience in portfolio management, investment research, or a related field.
Strong understanding of passive investment strategies, mutual funds, and ETFs.
Proficiency with portfolio management software, financial modeling tools, and CRM systems. Experience with Schwab, I-Rebal, and Redtail a plus.
Excellent analytical, organizational, and communication skills.
Commitment to fiduciary principles and delivering exceptional client outcomes.

Key Attributes:

Detail-oriented with a high degree of accuracy.

Strong problem-solving skills and a proactive approach to challenges.

Ability to collaborate effectively within a team environment.

Passion for continuous learning and staying current on investment best practices.

Why Join Us:

Be part of a collaborative and client-focused team.

Contribute to a firm that prioritizes evidence-based investing and long-term value creation.

Enjoy professional growth opportunities and support for career advancement.

Salary and Benefits:

Competitive salary based on experience with room for growth.

Incentive compensation opportunity

401(k) with matching contributions and profit sharing

Mentorship and professional growth opportunities

Flexible working environment

If you are a dedicated investment professional with a passion for passive strategies and client success, we encourage you to apply for the Associate Portfolio Manager role.

We are an equal opportunity employer.

The Process:

Qualified candidates will start the process by having a 20-minute phone interview. If there is ground to move forward, you will be required to fill out an application and if you are selected to advance in the process, you will meet with the firm. Qualified candidates will be asked to take assessments in the process. A background and credit check will be required.