Portfolio Analyst

Overview

Who We Are: Lenox Advisors brings together sophisticated solutions in wealth management and insurance services to high-net-worth individuals and their families. As a wholly owned subsidiary of NFP Corp., an Aon Company, we combine the culture of a boutique firm with the stability and backing of a large corporation. NFP is a multiple Best Places to Work award winner and an Elite Agency in business insurance.

NFP provides solutions through the expertise of over 8,000 global employees, investments in innovative technologies, and enduring relationships with insurers, vendors and financial institutions. To learn more, please visit:

Job Summary:

The Portfolio Analyst will work closely with our Asset Managers and the SVP of Asset Management on client matters such as analyzing client’s current portfolio, reviewing wealth management analyses, and making asset allocation recommendations. The Portfolio Analyst will contribute to liaison efforts between Portfolio Management Teams and Asset Managers and associates regarding asset allocation and market updates while performing due diligence on investment choices and vendors.

The role supports Asset Managers and Advisors by providing analysis and insights into prospects and existing client portfolios to assist in pitches and reviews via our portfolio analysis and planning software. The analyst helps in gathering assets and maintaining client relationships by establishing appropriate asset allocations and identifying strengths and weaknesses in investment portfolios. The Portfolio Analyst is the main point of contact for operationalizing our analysis and due diligence software while providing secondary coverage to managed and brokerage portfolio trades.

This role requires attention to detail and comfort in communicating with internal and external clients. The analyst is responsible for trade execution and trade strategy and will maintain and update software used by the asset management team.

• Participating member of the firm’s Investment Committee
• Participating member of the firm’s Annuity Committee
• Participating member of the firm’s Complex Product Committee
• Contributing member of large (up to 150 participants) market update and training calls
• Analyzes performance, style, and risk measures for investment portfolios
• Reviews client’s accounts and prepares portfolio reviews at the request of Relationship Managers and Asset Managers, including portfolio review, portfolio observation write-ups, reinvestment analysis, and Monte Carlo simulations
• Recommends manager selections within managed accounts and variable annuities
• Evaluates client’s outside accounts to make proper asset allocation recommendations
• Uses software tools to analyze clients’ outside accounts and current portfolio for allocation recommendations (Y:
  
  Charts, Right Capital, eMoney, Excel, Morningstar Annuity, Envestnet and Tamarac)
• Fidelity Institutional Trading platforms (Wealthscape) for security, debt & fund order entry
• Creates portfolio observations for clients highlighting questionable investment strategies and recommendations
• Performs due diligence on portfolio managers to determine best fit and documents all due diligence conversations
• Keeps abreast of market conditions through vendor conference calls and market outlooks
• Provides analysis of new and existing vendors and reviews software and technology enhancements
• Maintain and update software to keep data current with market changes; coordinate annual updates to capital market assumptions and ensure data is updated across platforms
• Assists senior analysts, SVP of Asset Management, and Operations on special projects
• Act as lead trader for unmanaged full-service brokerage accounts with trading readiness for managed accounts
• Maintain and update strategic model portfolios in Right Capital based on firm capital market assumptions
• Provide ongoing support to newly developed investment and variable annuity solutions

Required Knowledge

• Experienced with broad asset class categories (equity, fixed income, alternative investments)
• Experience with a broad range of investment vehicles (open/closed funds, private offerings,…