Associate Portfolio Manager
Full-Time ▪ Wealth Management Services ▪ Nashville, TN
The Role
The Associate Portfolio Manager position within Truxton Wealth Management Services (WMS) is designed to prepare promising investment professionals to be Portfolio Managers. We expect Associate Portfolio Managers to support and assist our team of Portfolio Managers with analytical support, trading and administrative operations, and client presentations and communications. The position will feature a rotation with one-on-one work with each of our Portfolio Managers and regular check-ins to gauge interests and needs. We are looking for self-motivated candidates who display an eagerness to learn, a passion for investments, and a desire to serve our clients.
Who We Are
Truxton Trust Company is a provider of private banking, wealth management, trust, capital markets, and family office services for wealthy individuals, their families and their business interests. Serving clients across the world, Truxton’s vastly experienced team of professionals provides customized solutions to its clients’ complex financial needs. Founded in 2004 in Nashville, Tennessee, Truxton Trust upholds its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of financial holding company, Truxton Corporation (OTCPK: TRUX). For more information, visit truxtontrust.com.
Our mission: To do the right thing every day, putting our clients’ interests first, with distinctive, comprehensive financial solutions that protect and promote client prosperity and quality of life.
What You Will Be Doing
- Shadowing Portfolio Managers, performing client-specific work and assisting with management of investment focus areas
- Evaluating various domestic and international equity asset classes and sectors to identify investment risks and opportunities
- Maintaining strong knowledge and command of current and anticipated capital market conditions and how it relates to WMS portfolio positioning
- Providing broad analytical support for the WMS investment platform on third party investment products including Separately Managed Accounts, ETF’s, Mutual Funds, and alternative asset managers
- Learning foundational command of trust administration, tax and investment management
- Partnering with Wealth Advisors on specific client and prospect cases to develop an understanding of the process
- Facilitating internal and external investment-related discussions and communications, consistent with WMS’s philosophy and style.
- Providing world-class service to clients and prospects through effective articulation and communication of investment concepts, strategies, recommendations, and results
- Analyzing the portfolios of clients and prospects using custodial statements and various software systems
- Learning to implement and maintain client portfolios, ensuring consistency with investment policy, WMS asset allocation guidelines, appropriate risk controls, and desired tax efficiency
- Creating, reviewing and maintaining investment related content such as client proposals and reviews, market and economic updates, and topical investment commentaries
- Serving as advocates for Truxton WMS by seeking new client relationships and deepening existing client relationships
What We Are Looking For:
Attributes and Abilities
- You have a strong foundational command of the investment and comprehensive wealth management industry, practices and issues
- You are able and eager to understand client's financial situations and personal circumstances
- You are able to deliver distinctive and thoughtful client service and expertise in a manner that secures client confidence
- You are a problem solver, able to both diagnose challenges and solve them efficiently
- You are curious and excited to learn when presented with a new issue
- You embrace our culture of entrepreneurship and teamwork
Experience and Skills
- 3+ years of relevant wealth and investment management experience
- Proficient in robust analytical systems such as FactSet and Bloomberg
Education and Designations
- Bachelor’s Degree in Finance, Accounting, or Economics preferred
- Pursuing or holding a professional designation (CFP, CFA, CTFA, CPA, etc.)
Why You Should Work Here
- Truxton is a highly profitable and growing company that has been recognized by American Banker as the 19th best community bank (and top-ranking TN bank) based on 3-year Return on Average Equity.
- Opportunities to grow your expertise, take on new challenges, and gain exposure to a wide range of sophisticated work across private banking, wealth management, asset-liability management, treasury management, deposit operations, and capital markets.
- Because we are a smaller company, you will have the opportunity to chart your own course and contribute to initiatives that go beyond your job title.
- Truxton supports and encourages a culture of learning, both through internal development and pursuit of professional designations.
If working for Truxton appeals to you but you don’t think you are a match for this role, we still encourage you to send a resume and cover letter explaining how you might contribute to our team.
What We Offer
- 401k + company match
- Medical, life, dental, and vision insurance
- Paid federal holidays
- Paid vacation Time
- Employee assistance program (EAP)
- Short-term and long-term disability insurance