Multi-Asset Portfolio Manager
Baltimore, Anne Arundel County, Maryland, 21276, USA
Listed on 2026-06-18
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Finance & Banking
Portfolio & Asset Management, Wealth Management, Financial Advisor / Consultant
Role Summary
The Portfolio Manager will join the Models Portfolio Management team in the Multi-Asset Division, co‑managing a growing suite of model portfolio solutions for the wealth management channel, including core portfolios and customized strategies. The mandate is to play a meaningful role in one of the firm’s fastest‑growing and strategically important investment areas, with direct impact on a multi‑billion‑dollar franchise.
Responsibilities- Co‑manage a suite of multi‑asset model portfolios across risk profiles, objectives, tax considerations, and wealth‑management use cases.
- Formulate strategic and tactical asset‑allocation decisions across global equities, fixed income, alternative investments, and other diversifying exposures.
- Contribute to portfolio design, investment selection, rebalancing decisions, and implementation of investment views across model portfolios.
- Work closely with risk and investment analytics teams to monitor portfolio exposures, factor risks, and performance attribution.
- Participate in or lead internal investment discussions, including recommendations on asset‑allocation shifts, investment selection, and risk management.
- Design and manage custom model portfolios that align client‑specific objectives, constraints, tax considerations, and implementation requirements with the team’s investment perspectives.
- Develop scalable approaches for custom model construction, including allocation frameworks and rebalancing guidelines.
- Partner with product and distribution teams to understand market demand, competitive positioning, and opportunities to enhance the model portfolio offering.
- Translate investment insights into clear, compelling communications, including trade updates, quarterly reviews, presentation materials, and white papers.
- Partner with distribution teams to support platform due diligence, client reviews, webinars, and other client engagement activities, including travel as appropriate.
- Clearly articulate portfolio positioning, market views, investment rationale, and performance drivers to external clients and internal stakeholders.
- Serve as a subject‑matter expert on multi‑asset portfolio construction, model‑portfolio usage, custom‑model design, and wealth‑management implementation.
- Bachelor’s degree required and 10+ years of relevant investment experience, with a focus on multi‑asset strategies.
- Advanced degree (CFA, MBA, or equivalent) preferred.
- Demonstrated track record of success in managing multi‑asset portfolios.
- Proven ability to partner with senior investment professionals and influence organizational outcomes.
- Outstanding analytical and communication skills.
- Strong project‑leadership skills and ability to drive initiatives to completion.
- Ability to work independently and collaboratively in a dynamic, global environment.
- Experience in model‑portfolio delivery.
- Commercial mindset and understanding of advisor, platform, and end‑client needs.
FINRA licenses are not required and will not be supported for this role.
Work FlexibilityThis role is eligible for hybrid work, with up to one day per week from home.
Base Salary Ranges- Maryland, Colorado, Washington, and remote workers: $–$.
- Washington, D.C.: $–$.
- New York, California: $–$.
Placement within the range is based on relevant experience and skills for the role. Base salary is one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined on company and individual performance.
Benefits- Competitive compensation
- Annual bonus eligibility
- A generous retirement plan
- Hybrid work schedule
- Health and wellness benefits, including online therapy
- Paid time off for vacation, illness, medical appointments, and volunteering days
- Family care resources, including fertility and adoption benefits
T. Rowe Price is an equal‑opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.
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