About Masterworks
Masterworks Advisers is a Registered Investment Adviser that advises clients on art-related investment products. We allow anyone to invest in SEC‑qualified shares of multi‑million dollar paintings by artists like Banksy, Basquiat, and Picasso. We have introduced over 1 million individuals to the $2.2 trillion art market. Masterworks has been covered by The New York Times, CNBC, The Wall Street Journal, and the Financial Times, and was recognized as one of the Top 50 Startups in the US by LinkedIn. In 2021, we achieved unicorn status with a $110 M Series A at a valuation exceeding $1 billion. We are based at 1 World Trade Center in New York City’s Financial District.
Role Overview
As a Managing Director for Masterworks Advisers, you will be responsible for launching a private wealth team of 2–4 advisors within your city and overseeing a gallery that the team operates out of, featuring rotating art from artists like Banksy and Basquiat.
You will lead and attend an evening event every day from 4 pm–7 pm, delivering prospective clients to Masterworks. At these events you and your team will meet ~20 prospects per day in‑person at the gallery, educating them on multi‑million dollar art and the benefits of allocating to this new asset class.
Compensation
You will receive a base salary plus commission on the AUM of clients you and your team activate through in-person events. Total compensation can range from $300,000 to over $1,000,000 (base salary + commission) for high performers who build a long-term book of business.
Key Responsibilities
- Fundamental management (hiring and coaching) of 2–4 financial advisors and a gallery manager.
- Capital raising accountability of $2–4 million+ per month.
- Attend evening gallery events at 4 pm, 5 pm, and 6 pm Monday–Friday to meet UHNW clients that our marketing team has invited to the gallery.
- Client entertaining with in-person breakfasts, lunches, or events.
Requirements
- 10+ years of experience in financial advising, private banking, or alternative investments, or similar relationship‑driven roles.
- Proven track record of building new relationships and managing long‑term relationships with UHNW and HNW clients.
- Strong understanding of portfolio construction and alternative asset allocation.
- Exceptional in-person interpersonal skills with the ability to establish trust and credibility with sophisticated investors.
- Results‑driven, competitive mentality with demonstrated ability to close business.
- Comfort operating in high‑touch, relationship‑driven environments.
- Ability to work 11 am – 7 pm Monday–Friday.
- Series 65 license from FINRA (or ability to obtain).
Preferred
- Experience with alternative investments (art, private equity, real assets, or hedge funds).
- Strong interest in contemporary art and cultural markets.
- CFP, CFA, or similar credentials (not required).
Benefits
- Daily catered lunches.
- Free admission to art museums and galleries.
- Health, dental, and vision coverage with FSA options.
- Paid parental leave.
- PTO.
- Paid company holidays.
- 401k.
- Commuter benefits.
- Happy hours, company outings, and more.