Portfolio Management Associate / Analyst

Frisch Financial Group is a growing financial planning and investment management firm located in Melville, NY and we are seeking a Portfolio Management Associate to join our team. As a fee-only RIA, we always put our clients’ interests first. For the past 20 years, we have strived to stand out from our competitors, and we have been consistently recognized as a top-tier financial planning firm. We are a team-oriented firm that is passionate about providing excellent service to our clients. We value honesty and integrity in our work and we strive to work hard and smart. We have been recognized in the community including Financial Advisor Women’s Choice Award (10 consecutive years), Forbes Top Women Wealth Advisors in NY, Best In State Wealth Advisors – Forbes, Top Ranked Wealth Management Firm - AdvisoryHQ To find out more about us, please visit our website at frischfinancial.com.

The PMA will work directly with our Investment Team and participate in Investment Committee meetings. There is room for growth in this position to take on additional and more complex investment tasks.

Salary and Benefits

• The salary range for this position will be $75K-90K based on experience
• Health insurance
• 401(k)
• Profit share
• Participation in the firm’s incentive compensation plan after one year
• Mentorship opportunities and career path
• Great firm culture with healthy work-life balance
• Partial work from home opportunities after sufficient training period

Responsibilities

• Develop investment proposals and provide trade recommendations tailored to a client’s existing portfolio
• Execute transactions on brokerage platforms including account rebalances, block trading and one-off transactions
• Manage cash requirements including negative balances, NSFs and management fees
• Data input, editing, and upkeep in Black Diamond
• Participate in meetings and discussions internally and with clients to provide insights and analysis on investment performance and strategy
• Compliance reporting
• Assist with portfolio analysis and quarterly commentary
• Responding to client inquiries related to stocks, mutual funds and ETFs
• 401(k)/529 review
• Assist in portfolio management activities including performance monitoring, risk analysis and asset allocation
• Support the development and implementation of investment strategies based on client objectives and risk tolerance
• Bachelor’s degree in finance, economics or related field required; CFA or progress toward CFA designation is a plus
• Experience in portfolio analysis with mutual funds, stocks and ETFs

Requirements

• 1-3 years of trading and industry experience
• Demonstrate strong attention to detail, critical thinking skills, and the ability to analyze financial data
• Ability to handle sensitive and/or confidential client information
• Analytical and problem-solving mindset
• Ability to work independently as well as within a team and prioritize tasks appropriately
• Communicate effectively with team members and stakeholders, both orally and in writing
• Experience with Black Diamond and Schwab Advisor Center is not required, but would be a plus

Qualified candidates will start the process by having a 15-30 minute phone interview conducted by our consultant who is the hiring manager for this position. If there is ground to move forward, you will be required to fill out a Career History Form and if you are selected to advance in the process, you will meet with the firm. Qualified candidates will be asked to take assessments on detail orientation, and a Caliper assessment.

We are an Equal Opportunity Employer.