Wealth Planner

Business Overview:

The Fraenkel Group has 15 members on the team. We follow a consistent approach to portfolio management that focuses on a rigorous decision-making process, buying industry leaders with strong management. Our goal is to deliver solid, long-term performance with a portfolio strategy that emphasizes conservation growth.

Position Overview:

We are looking for a Wealth Planner in our NYC office to join the Fraenkel Group.

Primary Responsibilities:

• Constructing and formulating client wealth planning analyses focusing on retirement cash flow, asset allocation, wealth simulation analysis (Monte Carlo Simulation), income tax, estate and risk management strategies

• Supporting the portfolio manager and members of team by providing subject matter expertise on all matters regarding personal finance

• Assisting with conducting eMoney training sessions expanding overall usage of eMoney planning software

• Provide trading and administrative support for active portfolio manager and members of team

• Allocate executed trades based on target portfolio weighting by PM

• Responsible for portfolio holdings reports and portfolio analysis

• Obtain and compile data from various sources for internal and external reporting

• Process account openings/closings, transfers, and other client requests

• Create, monitor, and update financial data reports

• Daily review and maintenance of client accounts, including any administrative changes or cash/security movements and insufficient funds for scheduled remittances

• Assist in the creation, coordination, and completion of client reporting

• Perform ad hoc projects as needed

Experience & Skills Qualifications:

• 3+ years of experience in financial planning. CFP® designation required with prior experience working directly with clients in a planning capacity

• SIE, Series 7 and 66 required (or willingness to attain within firm’s timeline) and CFP designation

• Experience with eMoney financial planning software

• Proficiency in Microsoft Office software (e.g. Word, Excel, PowerPoint, and Outlook)

• Familiarity with Charles River, Aladdin, Salesforce, FactSet, and Bloomberg

• Ability to prioritize and handle multiple tasks simultaneously in a fast-paced environment

• Strong time management and organizational skills

• Team oriented and yet also be able to work independently with minimal guidance/supervision

• Ability to take initiative and meet clear deadlines

• Detail oriented

Compensation Details

The salary range for this role is $125,000-$150,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact [email protected].

Learn about the Applicant Privacy Notice.