Wealth Advisor, Portfolio Manager - Chicago, IL

As a Wealth Advisor, Portfolio Manager at Bartlett, you will provide top-tier client service while managing and monitoring client investments. Your responsibilities will include building relationships with high-net-worth individuals, developing new business opportunities, and collaborating with financial planning teams to ensure clients' needs are met. You'll also engage with next-generation beneficiaries and maintain relationships with other professional advisors to secure comprehensive wealth management.

To qualify for the Wealth Advisor, Portfolio Manager role at Bartlett, candidates should have a Bachelor's Degree in Finance or a related field, with a strong preference for a CFA designation. Additionally, a minimum of 10 years of relevant client-facing experience in wealth management, especially with high-net-worth clients, is crucial. Candidates need a solid understanding of investment strategies and a commitment to ethical standards in financial advisory.

Bartlett prides itself on having a top workplace culture built on teamwork, integrity, and diligence. As a Wealth Advisor, you'll experience an engaging and collaborative work environment that emphasizes professional growth and development. The company values open communication and supports a hybrid work schedule, aiming to foster both personal and professional success.

Wealth Advisors, Portfolio Managers at Bartlett primarily work with high-net-worth individuals and families. The focus is on providing customized investment management and financial planning solutions to meet the unique goals and objectives of these clients. Your role will involve understanding their financial ambitions and delivering strategies that ensure their wealth is effectively managed and preserved.

Bartlett looks for Wealth Advisors who demonstrate strong interpersonal skills, integrity, and a strategic mindset. Ideal candidates are self-starters who can work independently and collaboratively. A commitment to ethical practices, excellent communication skills, and proficiency in technology solutions are also essential to excel in this role.

When building relationships with high-net-worth clients, I focus on listening to their concerns and understanding their financial goals. My approach involves regular, proactive communication and the establishment of trust through integrity and transparency. I aim to create a personalized experience that addresses their unique needs.

My investment strategy process begins with thoroughly assessing the client’s financial objectives and risk tolerance. I research market trends and align investment selections with the client’s goals. I continuously monitor these strategies and adjust them as needed, always aiming for transparent communication with the client on portfolio performance.

I have extensive experience collaborating with diverse teams, including financial planners, legal advisors, and accountants. I believe that incorporating multiple perspectives ensures comprehensive financial solutions for clients and allows for effective risk management within their portfolios.

Handling difficult conversations involves empathy and clear communication. I make it a priority to create a safe space where clients can express any concerns. I present financial data and projections honestly, guiding them through the potential impacts of decisions while supporting them in making informed choices.

To stay abreast of industry trends and changes, I engage in continuous education through professional development programs, industry workshops, and networking with peers. I regularly read industry publications, follow market news, and utilize technology to stay informed about best practices in wealth management.

I once worked with a client dealing with significant portfolio loss during market volatility. I arranged a meeting to discuss their concerns and laid out a clear recovery plan tailored to their risk tolerance. By maintaining open communication and transparency, we were able to realign their strategy and regain their trust.

I evaluate investment performance based on a combination of metrics including total return, risk-adjusted returns, and benchmarks. I also consider client-specific objectives and how well the investment aligns with their long-term financial goals.

Ensuring compliance involves a thorough understanding of regulatory requirements and implementing best practices in my daily operations. I regularly review compliance protocols and engage in training to ensure all investment strategies and client communications adhere to industry standards.

Ethically responsible practices are vital in wealth management as they build trust with clients, ensuring transparency and integrity in financial dealings. Upholding ethical standards protects clients' interests and fosters long-lasting relationships, which are critical for successful financial advisory.

Some of the most significant challenges facing Wealth Advisors today include navigating complex regulatory environments, managing client expectations amid market volatility, and the increasing need for personalized, technology-driven solutions. Adapting to these challenges requires continuous learning and proactive client engagement.