Investment Associate

Investment Analyst

Full-Time |Minneapolis, MN | Wealth Management

Position Overview

Our client, a well-established and growing independent wealth management firm in the Minneapolis area, is seeking an Investment Analyst to join its Portfolio Management team. This role is central to delivering the quality of investment services that clients expect—working in close collaboration with Advisors, the Operations Team, and the Portfolio Management Team to execute portfolio trades and oversee client portfolios with precision and care.

Primary Responsibilities

Trading

• Implement equity, fixed income, and fund trades for client portfolios
• Review fund holdings for inter-class exchanges; process updates and coordinate informational letters to clients
• Monitor fixed income bond ratings across client holdings
• Assist with reviewing cash balance holdings in client portfolios
• Support the portfolio rebalancing process and partner with advisors and the operations team to enhance rebalancing workflows
• Maintain and monitor block trading schedules
• Implement trades in outside accounts, including 401(k) rebalances and HSA trades

Client Services

• Compile portfolio analysis reports and assist with investment recommendations
• Provide asset coding to the Operations Specialist to update securities coding in Advisor View
• Generate Advisor View, Rebalancer, and ad hoc reports as needed
• Assist in the performance review of quarterly reports, as needed

Due Diligence

• Attend firm Investment Committee meetings
• Assist the Investment Specialist with IQSS™ reporting and other assigned projects
• Support the review of fund holdings in client portfolios, including additions of new funds to the IQSS™ platform
• Assist with performance audits of fund managers, SMAs, and other investment vehicles

Additional Responsibilities

• Serve as backup for the Portfolio Management Specialist across various operational functions
• Provide backup support for other operational duties and tasks as needed
• Complete assigned projects as directed by leadership

Qualifications & Requirements

Education & Experience

• Bachelor's degree (4-year) required
• 3–7 years of experience in the financial services industry required
• Minimum 1–3 years of hands-on trading experience with mutual funds, ETFs, stocks, and bonds required
• Experience trading on the Schwab platform strongly preferred

Skills & Competencies

• Exceptional attention to detail with a strong orientation toward numbers and data accuracy
• Entrepreneurial mindset with a genuine interest in contributing to the growth of the firm
• Team-oriented with strong collaboration and communication skills
• Proficiency in Microsoft Word, Outlook, PowerPoint, and Excel required
• Experience with Tamarac and/or Tamarac Rebalancer a plus
• Comfort with learning and adapting to evolving software and technical tools

Schedule

• Expected weekly hours average 40–44 hours, with variability based on quarter-end reporting cycles and project demands