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. 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’s current portfolio, reviewing wealth management analyses, and making asset allocation recommendations. The Portfolio Analyst will contribute to liaison efforts between Portfolio Management Teams and our Asset Managers and associates regarding asset allocation and market updates while performing due diligence on specific investment choices and vendors. A main purpose of this role is to provide Asset Managers and Advisors with analysis and insights into prospects and existing client portfolios to assist in pitches and reviews via our portfolio analysis and planning software. The analyst helps gather assets and maintain client relationships by establishing appropriate asset allocations and identifying strengths or weaknesses in investment portfolios. The role is the main point of contact for operationalizing our analysis and due diligence software and provides secondary coverage to managed and brokerage portfolio trades. This role requires attention to detail and comfort speaking with internal and external clients. The analyst is responsible for trade execution and trade strategy and maintains/upates 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 (up to 150 participants) market update and training calls Analyzes performance, style, and risk measures for investment portfolios Reviews client’s account(s) and prepares portfolio reviews at the request of Relationship Managers and Asset Managers, including portfolio reviews, portfolio observation write-ups, reinvestment analysis to show before and after strategy implementation, and Monte Carlo simulations Recommends manager selections within managed accounts and variable annuities Evaluates client’s outside accounts to make proper asset allocation recommendations Uses software tools to analyze clients’ outside accounts and current portfolio for proper allocation recommendations. Tools include Y:Charts, Right Capital, eMoney, Excel, Morningstar Annuity, Envestnet and Tamarac Fidelity Institutional Trading platforms (Wealthscape) for security, debt & fund order entry Create “portfolio observations” for clients that highlight questionable investment strategies and provide recommendations Performs due diligence on portfolio managers to determine fit for client needs 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 possible software and technology enhancements Maintain and update software to keep data current with market changes; coordinate annual updates to capital market assumptions across platforms Assist Senior Analysts, SVP of Asset Management, and Operations on special projects Act as a lead trader for unmanaged full-service brokerage accounts, with ongoing readiness for managed trading Maintain and update strategic model portfolios in Right Capital, aligned with firm capital market assumptions Provide ongoing support to newly developed investment and variable annuity solutions Job Competencies
Required Knowledge Experienced with broad asset class categories such as equity, fixed income and alternative investments; experienced with funds, private offerings, process and event-driven alternatives, and separately managed accounts; knowledge of industry regulation; ability to write and deliver attribution analyses; ability to discuss capital markets and economic fundamentals; experienced with due diligence reviews of money manager solutions; knowledge of variable annuity solutions and riders. Required Skills/Abilities
Required Skills/Abilities Advanced time management; understanding of regulatory regime (SEC, FINRA, DOL, IRS); strategic thinking and confidence; excellent listening, communication and presentation skills; documentation and note-taking; willingness to be mentored; experience with portfolio accounting, order/trading, billing, compliance, reporting, performance or CRM systems; ability to recommend system improvements for operational efficiency. Required Behaviors/Attitudes
Required Behaviors/Attitudes Intellectual curiosity about capital markets and the economy; learning mindset; organizational skills; understanding dependencies and project sequencing; results-oriented; guardian instinct to protect the firm; clear and crisp communication; team-oriented with a service attitude; collaborative work style; positive working environment; proactive and self-starter; commitment to operational excellence; view change as a competitive advantage.
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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. 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’s current portfolio, reviewing wealth management analyses, and making asset allocation recommendations. The Portfolio Analyst will contribute to liaison efforts between Portfolio Management Teams and our Asset Managers and associates regarding asset allocation and market updates while performing due diligence on specific investment choices and vendors. A main purpose of this role is to provide Asset Managers and Advisors with analysis and insights into prospects and existing client portfolios to assist in pitches and reviews via our portfolio analysis and planning software. The analyst helps gather assets and maintain client relationships by establishing appropriate asset allocations and identifying strengths or weaknesses in investment portfolios. The role is the main point of contact for operationalizing our analysis and due diligence software and provides secondary coverage to managed and brokerage portfolio trades. This role requires attention to detail and comfort speaking with internal and external clients. The analyst is responsible for trade execution and trade strategy and maintains/upates 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 (up to 150 participants) market update and training calls Analyzes performance, style, and risk measures for investment portfolios Reviews client’s account(s) and prepares portfolio reviews at the request of Relationship Managers and Asset Managers, including portfolio reviews, portfolio observation write-ups, reinvestment analysis to show before and after strategy implementation, and Monte Carlo simulations Recommends manager selections within managed accounts and variable annuities Evaluates client’s outside accounts to make proper asset allocation recommendations Uses software tools to analyze clients’ outside accounts and current portfolio for proper allocation recommendations. Tools include Y:Charts, Right Capital, eMoney, Excel, Morningstar Annuity, Envestnet and Tamarac Fidelity Institutional Trading platforms (Wealthscape) for security, debt & fund order entry Create “portfolio observations” for clients that highlight questionable investment strategies and provide recommendations Performs due diligence on portfolio managers to determine fit for client needs 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 possible software and technology enhancements Maintain and update software to keep data current with market changes; coordinate annual updates to capital market assumptions across platforms Assist Senior Analysts, SVP of Asset Management, and Operations on special projects Act as a lead trader for unmanaged full-service brokerage accounts, with ongoing readiness for managed trading Maintain and update strategic model portfolios in Right Capital, aligned with firm capital market assumptions Provide ongoing support to newly developed investment and variable annuity solutions Job Competencies
Required Knowledge Experienced with broad asset class categories such as equity, fixed income and alternative investments; experienced with funds, private offerings, process and event-driven alternatives, and separately managed accounts; knowledge of industry regulation; ability to write and deliver attribution analyses; ability to discuss capital markets and economic fundamentals; experienced with due diligence reviews of money manager solutions; knowledge of variable annuity solutions and riders. Required Skills/Abilities
Required Skills/Abilities Advanced time management; understanding of regulatory regime (SEC, FINRA, DOL, IRS); strategic thinking and confidence; excellent listening, communication and presentation skills; documentation and note-taking; willingness to be mentored; experience with portfolio accounting, order/trading, billing, compliance, reporting, performance or CRM systems; ability to recommend system improvements for operational efficiency. Required Behaviors/Attitudes
Required Behaviors/Attitudes Intellectual curiosity about capital markets and the economy; learning mindset; organizational skills; understanding dependencies and project sequencing; results-oriented; guardian instinct to protect the firm; clear and crisp communication; team-oriented with a service attitude; collaborative work style; positive working environment; proactive and self-starter; commitment to operational excellence; view change as a competitive advantage.
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