Overview
Lenox Advisors brings together sophisticated solutions in wealth management and insurance services to high-net-worth individuals and their families. As a wholly owned subsidiary of NFP Corp., an Aon Company, we combine the culture of a boutique firm with the stability and backing of a large corporation. NFP is a Best Places to Work award winner in Business Insurance and a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor.
To learn more, please visit: https://www.NFP.com.
Job Summary
The Portfolio Analyst will work closely with our Asset Managers and the SVP of Asset Management on client matters such as analyzing client portfolios, reviewing wealth management analyses, and making asset allocation recommendations. The role supports liaison efforts between Portfolio Management Teams and Asset Managers, performs due diligence on specific investment choices and vendors, and provides valuable analysis and insights to assist in pitches and reviews via portfolio analysis and planning software. The analyst helps in establishing appropriate asset allocations and identifying strengths and weaknesses in client portfolios, whether or not they are invested with us. The Portfolio Analyst also operationalizes our analysis and due diligence software and provides secondary coverage for managed and brokerage portfolio trades. This role requires attention to detail and comfort when speaking with internal and external clients, and includes trade execution and trade strategy as well as maintaining software used by the asset management team.
Job Accountabilities Participating member of the firm’s Investment Committee
Participating member of the firm’s Annuity Committee
Participating member of the firm’s Complex Product Committee
Contributing member of large market Update and training calls
Analyzes performance, style, and risk measures for investment portfolios
Reviews client accounts and prepares portfolio reviews at the request of Relationship Managers and Asset Managers, including portfolio review, portfolio observation write-ups, reinvestment analysis, and Monte Carlo simulations
Recommends manager selections within managed accounts and variable annuities
Evaluates outside accounts to make asset allocation recommendations
Uses software tools to analyze clients’ outside accounts and current portfolios (Y:Charts, Right Capital, eMoney, Excel, Morningstar Annuity, Envestnet, Tamarac)
Fidelity Institutional Trading platforms (Wealthscape) — security, debt & fund order entry
Creates “portfolio observations” and recommendations addressing questionable investment strategies
Performs due diligence on portfolio managers and documents all due diligence conversations
Keeps abreast of market conditions through vendor conference calls and market outlooks
Provides analysis of new and existing vendors and reviews software and technology enhancements
Maintains and updates software to reflect changing market environments and coordinates updates to capital market assumptions across platforms
Assists senior analysts, SVP of Asset Management, and Operations on special projects
Acts as lead trader for unmanaged full-service brokerage accounts and maintains trading readiness for managed accounts
Maintains and updates strategic model portfolios in Right Capital
Provides ongoing support to newly developed investment and variable annuity solutions
Job Competencies
Required Knowledge
Experience with broad asset classes such as equity, fixed income, and alternatives
Experience with a broad range of investment vehicles (open/closed funds, private offerings, process and event-driven alternatives, separately managed accounts)
Knowledge of industry regulation, practices, and competitors
Writing and delivering attribution analyses
Ability to discuss capital markets and economic fundamentals
Experience with due diligence reviews of money manager solutions
Knowledge of variable annuity solutions and optional riders
Required Skills/Abilities
Advanced time management skills
Understanding of regulatory regimes (SEC, FINRA, DOL, IRS)
Strategic thinking and confident questioning
Excellent listening, communication and presentation skills
Documentation and note-taking abilities
Willingness to be mentored and collaborate with leadership and client portfolio management
Experience with portfolio accounting, order/trading, billing, compliance, reporting, performance, or CRM systems
Ability to propose system improvements to drive operational efficiencies
Required Behaviors/Attitudes
Intellectual curiosity about capital markets and the economy
Fosters a learning environment
Strong organizational skills and ability to manage dependencies and project sequencing
Results and delivery oriented
Protects the firm; exhibits a service mindset
Clear, concise communication; team-oriented and collaborative
Proactive, self-starter attitude; aims for operational excellence
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Lenox Advisors brings together sophisticated solutions in wealth management and insurance services to high-net-worth individuals and their families. As a wholly owned subsidiary of NFP Corp., an Aon Company, we combine the culture of a boutique firm with the stability and backing of a large corporation. NFP is a Best Places to Work award winner in Business Insurance and a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor.
To learn more, please visit: https://www.NFP.com.
Job Summary
The Portfolio Analyst will work closely with our Asset Managers and the SVP of Asset Management on client matters such as analyzing client portfolios, reviewing wealth management analyses, and making asset allocation recommendations. The role supports liaison efforts between Portfolio Management Teams and Asset Managers, performs due diligence on specific investment choices and vendors, and provides valuable analysis and insights to assist in pitches and reviews via portfolio analysis and planning software. The analyst helps in establishing appropriate asset allocations and identifying strengths and weaknesses in client portfolios, whether or not they are invested with us. The Portfolio Analyst also operationalizes our analysis and due diligence software and provides secondary coverage for managed and brokerage portfolio trades. This role requires attention to detail and comfort when speaking with internal and external clients, and includes trade execution and trade strategy as well as maintaining software used by the asset management team.
Job Accountabilities Participating member of the firm’s Investment Committee
Participating member of the firm’s Annuity Committee
Participating member of the firm’s Complex Product Committee
Contributing member of large market Update and training calls
Analyzes performance, style, and risk measures for investment portfolios
Reviews client accounts and prepares portfolio reviews at the request of Relationship Managers and Asset Managers, including portfolio review, portfolio observation write-ups, reinvestment analysis, and Monte Carlo simulations
Recommends manager selections within managed accounts and variable annuities
Evaluates outside accounts to make asset allocation recommendations
Uses software tools to analyze clients’ outside accounts and current portfolios (Y:Charts, Right Capital, eMoney, Excel, Morningstar Annuity, Envestnet, Tamarac)
Fidelity Institutional Trading platforms (Wealthscape) — security, debt & fund order entry
Creates “portfolio observations” and recommendations addressing questionable investment strategies
Performs due diligence on portfolio managers and documents all due diligence conversations
Keeps abreast of market conditions through vendor conference calls and market outlooks
Provides analysis of new and existing vendors and reviews software and technology enhancements
Maintains and updates software to reflect changing market environments and coordinates updates to capital market assumptions across platforms
Assists senior analysts, SVP of Asset Management, and Operations on special projects
Acts as lead trader for unmanaged full-service brokerage accounts and maintains trading readiness for managed accounts
Maintains and updates strategic model portfolios in Right Capital
Provides ongoing support to newly developed investment and variable annuity solutions
Job Competencies
Required Knowledge
Experience with broad asset classes such as equity, fixed income, and alternatives
Experience with a broad range of investment vehicles (open/closed funds, private offerings, process and event-driven alternatives, separately managed accounts)
Knowledge of industry regulation, practices, and competitors
Writing and delivering attribution analyses
Ability to discuss capital markets and economic fundamentals
Experience with due diligence reviews of money manager solutions
Knowledge of variable annuity solutions and optional riders
Required Skills/Abilities
Advanced time management skills
Understanding of regulatory regimes (SEC, FINRA, DOL, IRS)
Strategic thinking and confident questioning
Excellent listening, communication and presentation skills
Documentation and note-taking abilities
Willingness to be mentored and collaborate with leadership and client portfolio management
Experience with portfolio accounting, order/trading, billing, compliance, reporting, performance, or CRM systems
Ability to propose system improvements to drive operational efficiencies
Required Behaviors/Attitudes
Intellectual curiosity about capital markets and the economy
Fosters a learning environment
Strong organizational skills and ability to manage dependencies and project sequencing
Results and delivery oriented
Protects the firm; exhibits a service mindset
Clear, concise communication; team-oriented and collaborative
Proactive, self-starter attitude; aims for operational excellence
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