Wealth Management Associate

Who We Are

Ellevest is an investing and wealth management company built by women, for women. In a sea of financial services, we stand apart with our mission to get more money in the hands of women, no matter where they’re starting or how far they’ve come. We started by building the only gender-aware online investing platform that takes totally un-ignorable realities (like pay gaps, different salary curves, and women’s longer lifespans) into account. Then we added financial planning services for Ellevest clients, plus a full-service wealth management service that helps high net worth people, families, and institutions align their financial power with their values.

Ellevest was co-founded by Wall Street veteran, Sallie Krawcheck. Prior to Ellevest, Krawcheck was one of the only financial executives of her generation to have held C-suite roles at the largest global banks — as CEO of Merrill Lynch, Smith Barney, US Trust, and Sanford Bernstein and as CFO of Citi. As a venture-funded business, we’ve beat impossibly long odds to raise $145 million in venture-capital funding (women CEOs raise $1 out of every $10,000 Series B fintech dollars). Our investors include: Rethink Impact, Venus Williams, Valerie Jarret, Pivotal Ventures, and Melinda Gates’ family office.

Diversity, Equity & Inclusion

Ellevest is an equal opportunity employer and we value diversity at our company. Data shows that diverse teams are more innovative, make better decisions, and lead to greater employee engagement. When hiring, we look for culture add, not culture fit. That means hiring people who bring new perspectives and different experiences to our team. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

About This Position

As a Wealth Management Associate at Ellevest, you will play a critical role in growing our Wealth Management client base. You will work closely with other members of the Wealth Management team to ensure a best-in-class experience for our HNW and UHNW clients. You will work in partnership with the Financial Advisors, Client Services & Investment teams to create bespoke investment proposals and deliverables for prospects and clients, while working on strategic projects such as creating new proposal presentations for target audiences. You will play a key role in scaling our proposal process and creating processes and workflows that fuel our growth. 

Day-to-day you will:

• Help Financial Advisors win new business opportunities by working closely with Financial Advisors and Investments to create bespoke investment proposals 
• Collaborate with various firm stakeholders to complete Request for Proposals (RFPs) in order to win new institutional opportunities 
• Analyze prospective client portfolios via portfolio screens (i.e. health checks) to analyze how our clients’ portfolios are invested vs. ESG factors 
• Support Ellevest's Wealth Management team in implementing our client experience
• Manage and create content for Wealth Management’s approved content library and help liaise with investment managers to create/request marketing materials 
• Partner with the Head of Wealth Management and Chief Investment Officer on managing key initiatives crucial to the growth and development of the Wealth Management business. This includes but is not limited to: 
  • Impact Reporting 
  • Collection of quarterly fund/manager commentary
  • Custom Family Office presentations 
  • Financial Planning
• Mentor analysts and provide guidance as they build complex investment proposals

We’re looking for:

• 4-6 years of work experience in an analyst and/or associate position within financial services – specifically the private wealth/asset management sphere (Series 65 License and/or CFP® designation preferred but not required. Note: Given our status as a Registered Investment Advisor, we cannot carry FINRA Series 6, 7, 63, or 66 licenses.)
• Markets knowledge and experience
• Outstanding communication skills, intellectual curiosity
• Strong attention to detail 
• Interest in and knowledge of financial markets and asset classes 
• Adapt to a fast-paced & dynamic work environment; this includes working independently and on a team
• Ability to work under pressure and constantly reprioritize to meet tight deadlines
• Passion for our women-oriented mission

Ellevest's compensation framework is based on relevant data, benchmarking and research for comparable companies and on our internal pay equity policies. The prospective annual salary range for this role is $105,000 - $115,000. In addition to base salary, Ellevest compensation offering for full-time employees will also include the following benefits: equity, 401k plan with employer contribution, medical, dental and vision health insurance (80% of premiums covered by employer), unlimited paid time off and flexible scheduling, paid parental leave, learning and development opportunities, financial support for accessing reproductive healthcare, free access to Ellevest digital offering and discounts on Financial Planning and Wealth Management offerings. The actual offer, reflecting the total compensation package and benefits, will be determined by a number of factors including (but not limited to) the applicant's experience, skills, certifications, as well as internal equity among our team. 

Working at Ellevest

Ellevest was founded in New York City, but today, our fully remote team is spread across the whole United States. As a member of the team, you can expect to do work that directly impacts our mission and the lives of real women every day.

We’re also dedicated to building a work environment where everyone on our team can grow and thrive, with flexible working hours and time off; remote work policies designed for transparency and effective cross-team collaboration; ongoing team building and professional development; and more.

Do you think you could thrive in this role?

Please send us your application — even if you don’t check every single box. No two people’s career paths look exactly alike, and skill sets come in many different forms. We can’t wait to hear about yours.

Note: Instead of a cover letter, we ask you to answer the questions at the bottom of this application.

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Last updated on Jul 26, 2024