Why join a registered investment advisor (RIA) firm?
The RIA industry is one of the fastest-growing segments of financial services, with independent advisors managing more than $4 trillion in assets. As an RIA firm, Watts Capital provides tailored advice based on investors’ goals; offers a simple, transparent fee structure; provides advice for our clients’ complex needs; and builds strong, long-term client relationships.
Why work for our firm?
Watts Capital is a rapidly growing team of wealth managers, financial planners, portfolio managers, and operations and administrative staff focused on meeting our clients’ financial goals. We differentiate ourselves in the marketplace through our provision of comprehensive financial planning, our proprietary investment offerings that complement our open architecture investment platform, and our exceptional team that enjoys working with each other to produce the best results for clients.
Career Path and Resources
We offer a clear, realizable career path for our employees based on measurable performance objectives. We provide training, mentorship, and educational opportunities, with a preference for promoting from within our talent pool. At Watts Capital, we combine talented staff in partnership with industry leading technology to offer our clients a superior experience.
Senior Wealth Managers are the primary managers of the client relationship and are the most experienced advisors in the firm. The position has the responsibility of managing existing client relationships and formulating and implementing advice, and may rely on technical specialists to develop recommendations within a given area of expertise. Senior Wealth Managers are also expected to develop new client relationships and often work with, train, and supervise other staff in client service delivery.
Duties and Responsibilities
Senior Wealth Managers can expect to focus their work in the following areas:
Client relationship development and management, including ongoing and regular client contact and communications
Client service, including planning updates, portfolio changes and reviews, and new opportunity identification
Client asset management, including coordination of complete financial planning and wealth management (analysis, estate planning, tax strategies for assets under management, and portfolio management)
The lead advisor position typically requires the following qualifications:
Minimum of 3–5 years’ experience in investment management and/or financial advisory services with a demonstrated ability to develop and manage client relationships
Minimum $15 million transportable AUM.
Bachelor’s degree from an accredited college or university;
CFP® designation (preferred); MBA (ideal)
Series 65 or 66 FINRA licenses
Financial planning/wealth management acumen, judgment, and experience
Excellent communication and listening skills
A team player, with strong coaching and leadership skills
Desire/ability to work successfully in a small company environment
Salary and Benefits
Pay and benefits are competitive based on industry standards and experience level
Benefits include dental, vision, health care, and 401(k)
Financial support for professional accreditation and continuing education requirements
A brief cover note on why the Senior Wealth Manager position at Watts Capital may be a good fit for you.
A link to your Linkedin profile.
5 openings. Telecommuting is allowed.
Additional Salary Information: Compensation for the Senior Wealth Manager position is performance-based.
About Watts Capital
Watts Capital Partners, LLC is a rapidly growing SEC-registered investment advisor based in New York City. The firm differentiates itself in the marketplace through:
1) Providing comprehensive financial planning addressing all areas of a client's financial life. We employ the CFP framework planning framework, combined with Emoney and other planning tools
2) Proprietary investment products with GIPS-compliant performance records that complement our open architecture investment platform. The products include
>Long-only stock strategy focused on industry disruptors
>Long-only fixed income model with a systematic tactical overlay.
>Long/short ETF strategy with 10+ year GIPS-compliant track record.
>Private equity in the technology, telecom, and space sectors.
>High-yielding REIT investing in recently renovated multifamily properties.
3) Recruiting exceptional individuals that enjoy working as a team to best meet each client's requirements. We view our team as family.
Our platform for professionals emphasizes:
>Continual coaching to improve each professional's skills.
>Teaming with Watts Capital senior staff to make each client meeting as effective as... possible.
>Continually improving our technology platform to empower our professionals to serve their serve their clients in the best way they see fit.
Our principals hold CFP accreditation, as well as other designations, including CDFA, CFA, and CAIA. Our clients benefit from our team's years of work experience at major firms including JPMorgan, Merrill Lynch, Barclays/Lehman, American Express and McKinsey & Company.