About Cresset
Cresset is a firm built by clients, for clients. As an independent, award-winning multi-family office and private investment firm, we are reimagining the way wealth is experienced. Our purpose is to help ensure that both wealth and life are fully optimized-integrated, intentional, and aligned with each client's vision of success.
We provide access to the caliber of talent, ideas, and investment opportunities typically available to the largest single-family offices and institutions. Our approach is personalized, entrepreneurial, and client-first.
Proudly owned by our clients and employees, Cresset was built to endure. We are creating a 100+ year firm-one focused on delivering an exceptional experience, not only for the families we serve but for the team that serves them. Recognized by Barron's and Forbes among the nation's top RIA firms, and as one of the industry's best places to work,* Cresset is guided by long-term relationships, shared success, and a belief that wealth should serve a life well lived.
Job Description
Cresset is seeking an Investment Analyst to join Cresset's Wealth Advisory team. The Investment Analyst will provide comprehensive support to our high net worth clients by working closely with experienced Wealth Advisors. A successful candidate will be entrepreneurial, able to operate both independently and collaboratively, and support the day-to-day operations of client relationships. This role is ideal for those who wish to develop client advisory skills under the guidance and mentorship of an experienced Wealth Advisory team.
Key Responsibilities
Portfolio Management
- Review client portfolios and assist Advisors with the development, presentation, and implementation of investment recommendations to clients, including portfolio construction, proposals, rebalancing, phase-in planning, and quarterly performance reviews
- Collaborate with the National Investments Team to apply the firm's best thinking to client portfolios while considering client-specific needs regarding cash flow, taxation, liquidity, risk, and other considerations
- Assist with the implementation of client portfolio trades, including execution, margin maintenance, and settlement
- Develop and maintain investment policy statements (IPS)
Financial Planning
- Oversee the production and maintenance of net worth statements, financial plans, and cash flow projections
- Where appropriate, attend prospect and client meetings to gather information to create financial plans and investment strategies
- Learn and understand current wealth planning trends, legislative developments, and techniques; partner with the Wealth Strategy team to enhance client planning
Operations
- Coordinate with the Client Associate to ensure tasks and requests are handled, including new client onboarding, account maintenance, new investments, redemptions, transfers, and money movement requests
- Document client notes, investment changes, and activities in Salesforce
- Review clients' quarterly performance reports and collaborate with Reporting to identify and resolve issues
- Prepare client meeting materials; may attend client and/or prospect meetings
- Support client Private Investment reporting in partnership with Client Associate and coordination of outside fund administrators and portals
- Manage completion of deliverables from start to finish with the Client Associate and/or various internal and external parties as needed