Challenge your thinking and build an amazing career with the best people in the financial services industry! Baird’s Financial Advisors provide advice, strategies, and solutions to high-net worth individuals and families across the United States, serving as true partners. True wealth management goes beyond managing investments. At Baird, we understand it begins with learning all we can about what our clients want for themselves and their families. We work closely with them to prioritize their goals, utilizing Baird’s resources and expertise to create a tailored plan to ensure success as they’ve defined it. Our 1,700+ private wealth associates serve clients coast-to-coast from 100 + locations in over 30 states. We have been recognized on Barron’s Top Wealth Management Firms for 10 consecutive years and hold over $137 billion in client assets. Check out this video to learn more about our Private Wealth Management business.
The Advisory Solutions Associate - Private Investment Management (PIM) will help execute on the long-term PIM strategy and will be responsible for the day-to-day management of the programs as well. The candidate that fills this role will work across several areas to develop the program guidelines, technology, reporting tools, and best practices that will allow Baird FAs to compete in an increasingly competitive business.
By forging strong relationships with Baird PIM managers, the Advisory Solutions Associate will be expected to be a true partner with PIM managers in the delivery of great client outcomes. This particular position is designed to gain exposure to all aspects of the PIM program, including the creation of investment philosophy statements, educating FAs on the use of the advisory trading platform, helping FAs manage their PIM business with industry best practices in mind, and idea sharing amongst the growing population of PIM FAs at Baird. Ideal support of the PIM solution also includes successful collaboration within the Advisory Solutions team to ensure a cohesive strategy across the investment platform and proper support of the PIM Managers, many of whom incorporate multiple investment solutions into their business model.
As an Advisory Solutions Associate - PIM, you will:
Work with Baird FAs and recruits through the PIM application process.
Educate new PIM managers on program best practices.
Work with existing PIM Managers to develop new strategies or modify existing strategies.
Partner internally with Legal/Compliance, Operations, Investment Solutions, Marketing & Communications, and other areas as necessary to ensure the consistent application of broader strategic initiatives.
Develop and deliver educational content that is relevant to portfolio managers.
Proactively develop ideas and initiatives to sustainably grow the PIM platform.
Continue to enhance and increase advisor leverage of trading platform.
Enhance internal processes to that make the PIM program more efficient and scalable.
Develop expertise on the entire advisory platform to effectively partner on broader initiatives within Advisory Solutions and to provide more holistic, book-level practice management guidance to the field.
What makes this opportunity great:
Compelling careers working side-by-side with the best in the business
Fast paced environment that will enable you to grow as a professional
Support and flexibility to grow and be your best at work, at home, and in the community
What we look for:
Bachelor’s Degree with 4-6 years of relevant professional experience in the financial services industry required
Series 7 & 66 licensed required within 12 months of start date
Ability to learn and effectively navigate Baird’s Private Wealth Management technology platforms (Thomson ONE, Fiserv, ValueOne, Envestnet, etc.)
Exceptional client service skills including both written and verbal
Strong computer skills, including proficient in Microsoft Office suite (Word, Excel, PowerPoint)
History of delivering consistent, high quality performance
Strong organizational skills – ability to prioritize and manage multiple tasks simultaneously
Ability to act as a team player, assisting others in the department when necessary, is mandatory.
Possesses a high attention to detail
Strong analytical skills
The Investment Solutions team within Baird Private Wealth Management plays a key role in ensuring that Baird Financial Advisors have the tools and capabilities across the investment, lending, and liquidity platforms necessary for delivering great outcomes for our clients. The Advisory Solutions platform has been one of the fastest growing solutions within Baird PWM, with an almost 18% annual growth rate over the last five years, and now accounts for almost $70B in Baird PWM client assets. The Private Investment Management (PIM) solution accounts for over $19B in AUM in client assets and represents one of the fastest growing advisory solutions on the platform.