United States onlyLocation Designation: Fully Remote
When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.
The business unit you will be joining
New York Life’s Wealth Management Solutions is comprised of NYLIFE Securities LLC (broker-dealer) and Eagle Strategies LLC. Eagle Strategies provides retail investment advisory services through about 1,250 affiliated investment advisor representatives (IARs) and more than $20B in assets under management (AUM). Eagle IARs provide comprehensive investment advisory and financial planning capabilities. Through our "protection first" planning philosophy and backed by solutions that leverage New York Life’s financial strength and mutuality, our advisors can tailor a plan to help their clients reach their long-term goals and withstand unforeseen fluctuations through insurance, annuities, brokerage (including stocks, bonds, mutual funds, and specialty asset classes), and other products.
We believe the best financial solutions are built when an advisor has a thorough understanding of their clients’ current financial picture and their short- and long-term goals. Our advisors assess their clients’ needs and identify appropriate solutions that put their clients on a path toward achieving their financial dreams and aspirations over the client's lifetime– from wealth-building to retirement to legacy.
Role Overview
We are looking for a Corporate Vice President, Portfolio Specialist for Eagle Strategies LLC. The role will provide flexibility to work remote. Responsibilities include the following:
- Provide support to advisers in preparation of recommendations or in presenting solutions to clients.
- Assist IARs either in-person, remotely via telephone or other electronic mediums in assessing investment management needs and offerings for clients.
- Prepare formal cases and recommendations analyzing investment alternatives for clients; including analyzing existing investment portfolios and comparing and contrasting the different management options available with the Lifetime Wealth Portfolios (LWP) platform.
- Interface extensively with various personnel with the Wealth Management Distribution unit and collaborate to triage the overall division’s response and support of specific adviser case opportunities and client requests.
- Prepare training content for the various learning modules currently under consideration for the Wealth Management course and curriculum path.
- Interface with the Wealth Management training unit to develop various materials and collateral necessary to adequately prepare new IARS to serve clients’ investment management needs within an advisory capacity.
- Deliver in-person, on-site training with General Offices (GOs) and as part of larger, formal adviser conferences, as required.
- Prepare ad-hoc reports and analysis on the performance and positioning of the investment managers available on the LWP platform. Periodically publish reports on a topical basis for adviser use with clients.
Qualifications
- Bachelor’s degree required. CFA and/or MBA preferred.
- Series 7 and 66 required.
- Minimum 5-7 years’ experience working within the investment management division of a wirehouse, independent/regional RIA, or insurance broker-dealer.
- Prior sales or investment consulting experience required.
- Experience working with insurance agents in a career agency structure a plus.
- Deep knowledge of the capital markets and be capable of explaining complex investment management concepts and theory to IARs and clients.
- Superior quantitative skills and be facile in differentiating between various investment management offerings.
- Strong interpersonal and communication skills.
- Advanced Excel skills and have strong knowledge of investment research tools such as Morningstar Direct and Bloomberg.
- Understanding of insurance products and how they can be incorporated into solutions to problems identified within a comprehensive client financial plan.
- A minimum level of travel is expected and required.
Salary range: $115,000 - $175,000
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.
Please note: This role requires FINRA licensed and/or FINRA Associated Person pre-hire fingerprinting.
Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.
