Ultra High Net Worth Portfolio Strategist

Company: Bank of America
Location: Washington
Posted on: May 4, 2025

Job Description:

Ultra High Net Worth Portfolio Strategist page is loadedUltra High Net Worth Portfolio StrategistApply locations Washington time type Full time posted on Posted 2 Days Ago job requisition id 25014316Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!The UHNW Advisory Strategist will support Financial Advisors in the business development of UHNW prospects and clients by partnering with Financial Advisors to deliver customized portfolio construction expertise and facilitate engagement with UHNW capabilities across the firm. Strategists will anchor on deep investment expertise to deliver custom asset allocation and traditional and alternative manager selection. Advice and guidance is informed by our Chief Investment Office around portfolio construction, investment manager selection and asset allocation and personalized to specific client circumstances. Additionally, Strategists will partner with Specialists across the bank to deliver appropriate solutions spanning: custom lending, trust and estate planning, philanthropic services, business sales and beyond.Job Responsibilities:

• Develop relationships with UHNW focused Financial Advisors in assigned territory to educate on team's capabilities and the value proposition of the UHNW Portfolio Strategies and Analyst.
• Strategize with those Advisors on how to approach deepening existing UHNW client relationships in their book and how to present full suite of solutions to prospective clients.
• Lead the portfolio construction process for new money opportunities with UHNW clients and prospects.
• Deliver investment expertise that begins with robust client discovery leading to custom asset allocation, multi asset portfolio construction and traditional and alternative investment manager selection.
• Engage advisors to deliver our enterprise-wide solutions that meet their clients' needs.
• Partner and collaborate with enterprise Specialists to ensure full scope of the client's wealth needs are met.
• Partner with local Merrill Market Executives to deliver value add content to advisors.Qualifications:
  • 8+ years' experience in financial services industry
  • 5+ years sales experience
  • Previous experience in portfolio construction, manager selection (traditional or alts), investment management or in a Wealth Management investment support/sales role supporting Financial Advisors
  • Self-motivated, adaptive, positive attitude and high energy are a must.
  • Bachelor's degree or equivalent experience.
  • Enhanced investment credentials desired (CIMA, CAIA, CPWA, CFA, etc..)
  • Series 7 and 66 licensesSkills:
    • Market Analysis
    • Portfolio Management
    • Wealth Planning
    • Analytical Thinking
    • Client Investments Management
    • Client Solutions Advisory
    • Networking
    • Strategic Thinking
    • Business Acumen
    • Collaboration
    • Critical Thinking
    • Oral CommunicationsShift:1st shift (United States of America)Hours Per Week:40Pay Transparency detailsUS - DC - Washington - 1800 K St NW - 1800 K Street NW (DC1842)Pay and benefits informationPay range$160,000.00 - $250,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.About UsBank of America is committed to help employees through the transition period when they're displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity.Regardless of the position you are interested in, the starting points to building your resume are the same:
      1.Determine the job or types of jobs you want to do and research their responsibilities and qualifications.
      2.Think about why you can do the job and make a list of your skills that are relative to the job.
      3.Identify experiences or accomplishments that show your proficiency in the skills required for the job.
      4.Summarize your abilities, accomplishments and skills into a brief, concise document.
      Considerations when writing a resume
      ---Do be brief. Resumes should be 1-2 pages in length.
      ---Do be upbeat and active in your wording.
      ---Do emphasize what you have done clearly and concretely.
      ---Do be neat and well organized.
      ---Do have others proofread and critique your resume. Spell check. Make it error free.
      ---Do use high quality, white or light colored 8 - x 11 paper. Use a laser printer if possible.
      ---Don't be dishonest, always tell the truth about yourself in the most flattering light.
      ---Don't include salary history or requirements.
      ---Don't include references.
      ---Don't include accomplishments that do not support your professional goals.
      --- Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.)
      ---Don't use italics, underlining, shadows or other fancy treatments.Seven steps to a successful interview
      1.Anticipate -Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview?
      2.Research -What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available?
      3.Assess -Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight.
      4.Prepare Answers -Think about what the interviewer may ask, determine what the best answer is and write it down.
      5.Prepare Questions - Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks.
      6.Practice - It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease.
      7.Follow-up - Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage.
      #J-18808-Ljbffr

Keywords: Bank of America, Burke , Ultra High Net Worth Portfolio Strategist, Other , Washington, Virginia