Private Wealth Manager

About the Company

Founded in 2016, Pennington Partners is an award-winning multi-family office that serves entrepreneurial founders, high-income earners, and multi-generational families through integrated wealth and investment solutions. Managing more than $5 billion across advisory mandates, private funds, and affiliated entities, Pennington Partners brings rigor with an entrepreneurial spirit.

Make sure to apply with all the requested information, as laid out in the job overview below.

Our culture is vibrant, intelligent, and relentlessly driven. We are an ensemble of exceptional professionals with diverse, multi-disciplinary backgrounds who value independent judgment, integrity, and fresh thinking. While the firm continues to gain scale and institutional structure, we remain deeply committed to our entrepreneurial roots—valuing agility, creativity, and an unwavering client focus.

About the Position

The Private Wealth Manager/Portfolio Manager is Pennington's ambassador to our Operating Partner Families in different markets across the United States. Working with some of the most successful families in the country brings with it a commitment to client service and portfolio management excellence.

This individual will take great pride in delivering personalized solutions to enhance the lives and wealth strategies of our Operating Partner Families. They understand how clear, concise communication combined with reliable execution and follow-through play an important part of our success as a firm.

What You'll Do

• Leading a multi-disciplinary team to serve the needs of our clients. Providing expert investment advice, leveraging deep knowledge of various asset classes, investment vehicles, and market trends.
• Collaborating with Operating Partner Families to understand their financial objectives, risk tolerance and values. Developing and implementing tailored wealth plans, integrating investment management, income tax planning and estate planning strategies.
• Constructing and managing highly customized investment portfolios aligned with each family's unique goals, risk profile and values. Foster a culture of transparency, trust and collaboration within the family, promoting responsible wealth management and service.
• Monitoring and managing existing investments to ensure compliance with the terms of the investments and with client investment policy statements. Staying informed about market development, regulatory changes, and emerging trends to optimize investment strategies.
• Participating in the Portfolio initiatives that evaluate and improve the asset allocation process of the firm's investment committee, including conducting research into new alternative investment strategies. Offering guidance on income tax planning, ensuring families minimize liabilities and maximize after-tax wealth.
• Utilizing relationships with general partners and other investment professionals to monitor fund developments; designing reports to track markets, investments, and other activities; and assisting in developing agendas for investment conferences and other events.
• Performing related assignments or special projects as may be required.

What You'll Need

• Minimum of a BA/BS degree. Graduate degree preferred, not required.
• CFA, CPWA, CEPA, or CAIA accredited certifications are required.
• Highly motivated and have the ability to work in an entrepreneurial environment.
• 5+ years of experience in finance, preferably at a private investment firm, private bank, investment advisory firm, or investment research consultant.
• Demonstrated skills interfacing with clients and a passion for improving their lives.
• Strong written and verbal communication skills, including the ability to succinctly explain complex ideas.
• Ability to multitask, thrive, and adapt in a dynamic, fast-paced environment.
• Extraordinary organizational and project management skills.

What You'll Get

We offer competitive and comprehensive benefits to help you prioritize your wellness and your career development. Working with a company that leverages our Core Values: Developing One's Greatest Potential, Thinking Big, Client Obsession, Tikkun Olam (Repair Our World).

• Salary
  • Competitive compensation (base salary + target bonus)
• Benefits
  • Robust benefits package with a choice of PPO Health Insurance Plans covering medical, dental, vision, disability, and group term life insurance. Optional HSA Plan, with a $600 employer contribution. 401K Plan with employer match, commuter parking benefit, cell phone reimbursement.
• Health & Wellness – $100/month stipend to use on the choice of fitness, meditation classes, meal kits, CSA, and more. Oura Ring welcome gift and one-year subscription to the Oura Ring app, and Pennington welcome swag! Worldwide emergency travel assistance coverage.
• Paid Time Off
  • 15 days PTO, sick leave, bereavement leave, 11 federal holidays and 3 floating holidays. Paid maternity and paternity leave for biological and adoptive parents, plus the option to work from home after paid leave ends to extend time with your growing family, and a $4,000 childcare stipend to help you transition back to work. xhyhwjd

EQUAL EMPLOYMENT OPPORTUNITY

It is the policy of Pennington Partners to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law. It is Pennington Partners' policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.