Portfolio Manager

Job Descriptions:

Are you passionate about investing, building meaningful client relationships, and collaboration? Coldstream is seeking an experienced Portfolio Manager to join its NE Portland team and play a key role in shaping investment strategy, managing sophisticated client portfolios, and mentoring the next generation of investment professionals. This is an exciting opportunity to make a direct impact within an employee-owned firm that values thoughtful advice, exceptional client service, and long-term relationships.

Arnerich Massena was founded in 1991 and specialized in providing portfolio management, investment advisory, and family office services for high-net-worth individuals, families, endowments, and foundations. The company was known for investing with vision, passion, and purpose, with a focus on both client service and community commitment. In July 2024, Arnerich Massena merged with Coldstream. Located in NE Portland, the team is now adding a Portfolio Manager position.

We have a hybrid work environment, with team members working in our office three days per week (Tuesday through Thursday, 8:00-5:00) and then able to work remotely the other two days if they choose.

Specific responsibilities include:

• Serve on the firm’s Investment Strategy Group (ISG), providing input on strategic and tactical asset allocation guidelines for portfolios firm-wide, including:

• Conducting due diligence on separate account managers

• Researching a range of investment vehicles

• Making recommendations on which to include on the firm’s list of recommended investments for use in client portfolios

• Client asset management, including development of investment policy statements and asset allocation recommendations, as well as implementation and ongoing management of client investment portfolios

• Oversee trading and rebalancing of client portfolios

• Develop operational processes and trading efficiencies

• Review and analyze portfolio returns and attribution to make recommendations for changes to portfolios

• Participate in client and prospective client meetings to answer portfolio-related questions, discuss Coldstream’s investment philosophy, and share new investment opportunities

• Compose timely investment commentary for clients and client-facing team members

• Mentor and develop a team of Associate PM and Portfolio Administrator

Required Experience:

• A Bachelor's degree, preferably in finance or a related field

• The CFA designation

• 5+ years of experience in investment management and/or financial advisory services with the demonstrated ability to manage investment portfolios for client familiesThe desire to be client-facing and ability to communicate (verbally and in writing) with clients of varying levels of investment sophistication

• Experience with Bloomberg, Morningstar, and Tamarac or other portfolio rebalancing systems

• Proficiency with Microsoft Outlook, Word, Excel, PowerPoint, and CRM software

• Proven background in process development and efficiency enhancements

Keyword: Portfolio Manager

From: Coldstream Wealth Management