POSITION SUMMARY:The Wealth Management Associate is often the first point of contact with clients on a broad array of services related to account servicing, financial plans and investment portfolios. Under the direction of the Financial Advisor / Private Wealth Advisor, this industry professional combines relationship management with marketing skills, and product knowledge to cultivate longstanding relationships with clients. This self-starter must be able to work across the team and across the firm to respond quickly and accurately to client questions and concerns. The Wealth Management Associate is an integral member of the advisory team and is responsible for delivering a consistent, positive client experience to help ensure all commitments are completed and delivered in a timely manner.DUTIES and RESPONSIBILITIES:Client Support:Establishes and cultivates trusting relationships with new and existing clients, proactively helping them understand their investments and planning strategies, often with guidance and input from team membersAssists Financial Advisors / Private Wealth Advisors in the development and delivery of financial and investment strategies that aim to address each client's specific goals and concernsLeads a team-wide effort to organize, streamline and enhance a client experience that emphasizes value, service and attention to detailThoroughly understands and utilizes the firm's financial planning tools to analyze complex financial information and lead presentations in partnership with the Financial Advisors / Private Wealth AdvisorsPrepares performance reports and other data for clients that may involve evaluating account performance, analyzing investment portfolio holdings and generating quarterly investment performance monitorsProvides ongoing support in educating clients about specific products and services offered at the firmDevelops presentation materials and proposals to assist Financial Advisors in cultivating new business opportunitiesMay participate in or conduct client meetings with or on behalf of the Financial Advisors / Private Wealth AdvisorsWorks with clients on the execution of orders in Brokerage and Advisory accountsAssists clients with market and stock researchDesigns and produces strategy reports and other types of communications for Financial Advisor / Private Wealth Advisor to use with clients and prospects as part of the overall marketing initiativeConducts quarterly/annual business performance reviews in partnership with the Financial Advisor / Private Wealth AdvisorManages events, webinars and seminars by organizing, marketing and setting up the venue in collaboration with the Financial Advisor / Private Wealth AdvisorBusiness Development & Operational Support:Develops customized presentation materials and manages performance measurements on existing accounts to market and attract new clientsCollaborates with the Financial Advisor / Private Wealth Advisor to develop an overall business plan and marketing strategy that may include targeted events and customized seminarsDevelops, implements and communicates enhanced service protocols and new procedures, products and portfolio enhancements to existing clientsIdentifies and implements practice management opportunities by interfacing with various departments across the firmCoordinates enrollment campaigns/meetings for existing clientsAssigns work to team's Client Service Associate as appropriateCultivates and develops relationships with business partners internally and externallyProvides tailored recommendations to the Financial Advisor / Private Wealth Advisor about specific client situations and opportunities to considerProactively participates in firm initiatives directed by local managementEDUCATION, EXPERIENCE, KNOWLEDGE, and SKILLS:Education and/or Experience5+ years of work experience in a field relevant to the position requiredFour-year college degree or professional certification preferredActive Series 7 (GS), and Series 66 (AG/RA) or Series 63 (AG) and Series 65 (RA)Additional product licenses may be requiredKnowledge/SkillsEnjoys working with people and problem solvingEffective written and verbal communication skillsKnowledge of financial industry and investment products preferredStrong understanding of applicable compliance rules, regulations and firm policiesAble to work independently and effectively on a teamDemonstrates leadership skillsStrong computer skills, including knowledge of Microsoft Office (Word, Excel and PowerPoint)Detail-oriented with superior organizational skills and ability to prioritize tasks • Ability and interest in working in a fast-paced, evolving environmentAbility and interest in working in a fast-paced, evolving environmentREPORTS TO:Business Service OfficerExpected base pay rates for the role will be between $35,000 - $85,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs. 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).
