Portfolio Manager Assistant

Portfolio Manager Assistant

Overview:

Exciting opportunity to join very highly regarded and expanding Wealth and Investment platform that is developing market leading levels of new business growth and asset growth.

Working within our dedicated US clients team this role presents an entry point into W1M where you can develop broad market knowledge while learning how we operate and service our clients that will enable you to grow and develop a long-term career offering plenty of progression either through our investment or advisory teams.

About the Company

W1M was founded with the merger of London & Capital and Waverton, two well established Wealth Managers who both have 40 years of history, in 2024. Since the merger we have gone from strength to strength growing from roughly 250 people to over 400 and increasing our AUM to around £28billion.

We focus on working with High and Ultra-High-Net-Worth individuals and families, Charities and Institutions offering a one stop shop for all wealth planning, investment and tax services including multi-jurisdictional situations.

Beyond our direct client relationships, we also maintain longstanding partnerships with Independent Financial Advisers providing access to our market-leading investment solutions.

We are continuing to expand with ambitious plans to increase our AUM to over £50 billion by 2030 based on the foundation of the quality of advice and services we provide to our clients, alongside peer-leading investment performance.

Internally we are a highly collaborative organisation free from the politics and bureaucracy of larger firms that gives everyone the opportunity to make a real difference and enhance the way we work. We have a sociable culture with several team events throughout the year and a welcoming and supportive environment.

Key Accountabilities

Portfolio Management Support:

• Daily production and interrogation of client portfolio cash balance and overdraft reports
• Use active cash management to cover such transactions as loan interest, investment management fees and external custodian fees via the instruction of cash transfers and the inputting of foreign exchange trades
• Liaise with external custodians to investigate reconciliation issues
• Ownership of the regular withdrawals process ensuring funds are available to meet diarised withdrawals
• Using Bloomberg and other financial data systems to update pricing for benchmarking requirements and to help set up new securities on portfolio management systems
• Collation of corporate action notifications for the Portfolio Management Team to review
• Ensuring static data in APX system, including both Management & reporting groups are correct and fixing incorrect data where appropriate

Client Reporting:

• Assist in preparing client meeting presentations, reports and investment proposals
• Provide portfolio information and analysis to help Portfolio Managers, Wealth Managers and Tax Team in order for client queries to be answered
• Conduct monthly reporting

Extended Responsibilities:

• Develop an understanding of W1M’s investment Strategy and it’s proposition, specifically of those that relate to the target clients of the US Private Wealth team
• Develop an understanding of US/UK clients, tax implications of realising gains and compliant investing
• Stay informed of broad financial markets through review of output from W1M’s investment team and other external sources
• Complete required continuing professional development (CPD), including mandatory internal compliance and training programmes

Background and Experience required

• Working towards completion of Level 4 qualification
• CISI Investment Advice Diploma
• CFA UK Investment Management Certificate (IMC)
• Minimum of 6 months experience working in Portfolio Management / Investment Management environment

About You

You are a motivated and detail-oriented individual with an interest in financial services and investment management. You enjoy working with data, have excellent organisational skills, and take pride in producing accurate, high-quality work. You are eager to learn, work effectively as part of a team, and are looking for an opportunity to develop your career within a professional investment…