Portfolio Administrator

Are you looking for an opportunity to advance your career in wealth management and increase your investment knowledge? Coldstream Wealth Management is looking for a Portfolio Administrator to support two of our wealth management teams in Bellevue and Kirkland.

In this position, you’ll have the opportunity to work directly with the team’s Portfolio Manager and Associate Portfolio Manager daily and participate in our firm-wide Investment Strategy Group (ISG), which makes investment decisions for Coldstream as a whole. The team has a hybrid environment with members working in office Tuesday through Thursday and allowing work from home Monday and Friday.

Responsibilities will include:

• Generating and executing daily trade orders and model-based portfolio rebalancing
• Providing research and analysis to support the portfolio management team in their investment-related decisions
• Facilitating new client setup in (Tamarac)
• Supporting Wealth Managers and the portfolio management team on ad hoc projects
• Participating in ongoing monitoring and reporting regarding private investments
• Assisting in ongoing due diligence for public markets managers
• Create and maintain documentation regarding wealth manager investment practices
• Answering team members’ questions related to the rebalancer (Tamarac) and funds’ custodian-specific attributes (minimums, fees, restrictions, etc.)
• Monitoring cash and yield alternatives and communicating best thinking to team
• Executing model portfolio audits and projects
• Utilizing Salesforce CRM to communicate and execute requests

Keyword: Portfolio Administrator
Required Experience:

• A Bachelor’s degree in Economics, Finance, or a related field
• FINRA Series 65 or willingness to obtain it within the first 12-18 months (Coldstream to cover the cost)
• 1-2 years of experience as an analyst with an RIA, asset manager, or similar firm; knowledge of private investments is a plus
• High proficiency with Excel
• Strong organizational skills, detail orientation, and the ability to manage multiple priorities
• The ability to communicate effectively with a wide range of people in a professional manner, using proper grammar, tact, courtesy, and good judgment
• Experience with Bloomberg and/or Morningstar is preferred
• Experience with CRM software is a plus as is experience with Tamarac or a similar trading platform
• Intellectual curiosity and a passion for learning about investing and financial markets

Benefits:

In terms of pay expectations, we assess each candidate individually based on their experience and qualifications and offer competitive compensation that reflects the value they bring to the team. Base pay typically starts at $70k - $80k plus an annual bonus and a generous benefits package. Licensed individuals are able to participate in our New Business Incentive program as well.

As a Best Workplaces awardee, we pride ourselves on our collaborative and supportive culture. We’ve created a full benefits package that focuses on the growth, health, and wellness of our team members:

• Pay: Competitive base pay plus annual bonus
• Benefits: Fully paid premiums for medical/dental/vision, short-term and long-term disability, and life insurance
• 401(k): 100% company match up to 4% of your annual pay
• Stock: Opportunity to purchase equity and become an owner of the firm
• Paid Time Off: Starting at 20 days per year (increases with tenure) - plus 10 holidays and an extra paid day off each year to do volunteer work
• Career development: 100% training/certification/licensing/dues reimbursement plus a formal mentoring program
• Parking: heavily subsidized parking (you pay $36 per month) or transit pass
• Wellness reimbursement
• Paid Parental leave: 12 weeks paid for all new parents
• Paid sabbaticals every 10 years and anniversary bonuses every 5 years

Coldstream is an employee-owned, independently operated wealth management firm that’s been earning the trust of affluent families and businesses since 1996. We offer a comprehensive, holistic approach to planning and focus on providing unparalleled advice and exceptional service. We welcome new colleagues who believe in our same approach, value open communication, and believe in trusting, life-long relationships. The firm has offices in Bellevue, Mercer Island, Seattle, Kirkland, Portland, Bend, Boise, and Kenai, Alaska. For more on Coldstream, please visit www.coldstream.com .

Coldstream is committed to inclusion and diversity. To us, diversity means employing team members of different races, genders, ages, physical abilities, national origins, religions, sexual orientations, ethnicities, political ideologies, educational and military backgrounds, and more. We welcome, support, and respect all team members, and we value the wide variety of experiences, opinions, and talents that they bring to the company. As we grow, we continue to cultivate an environment in which all team members’ perspectives and contributions are treated with respect, and every individual feels confident that they belong and are empowered to be their best.

From: Coldstream Wealth Management