Description
The Chief Investment Officer (CIO) is responsible for leading the firm’s investment philosophy, portfolio construction, drift management, rebalancing authority, and technology integration. This individual will serve as the primary investment voice of the firm, partnering closely with advisors, leadership, compliance, and operations to ensure disciplined, tax-aware, scalable, and client-centric investment management across all portfolios.
Core Responsibilities
1. Portfolio Oversight & Drift Management
Develop and maintain firm-approved investment strategies and model portfolios.
Establish and enforce firm-wide standards for acceptable portfolio drift.
Monitor client portfolios relative to models, objectives, and risk profiles.
Execute realignments when thresholds are exceeded, incorporating tax efficiency, client-specific constraints, and market conditions.
Ensure investment actions are consistent, timely, and fully documented.
2. Client-Level Cash Management
Maintain oversight of client cash balances.
Determine appropriate deployment of excess cash or increases in liquidity.
Coordinate with advisors to align investment actions with planning needs and client expectations.
Ensure cash positioning is proactive and aligned with client goals.
3. Firm-Level Rebalancing Authority
Own and execute firm-wide rebalancing activities, including model updates and tactical shifts.
Establish rebalancing cadence, triggers, and execution methodology.
Partner with trading and operations for accurate and scalable execution.
Centralize investment execution to reduce advisor-level variability.
4. Investment Strategy & Model Governance
Lead the development and evolution of the firm’s investment philosophy and asset allocation frameworks.
Evaluate and approve investment strategies, products, and managers.
Review performance and risk metrics regularly and recommend enhancements when warranted.
5. Documentation, Process & Compliance
Maintain investment-related documentation including philosophy, construction methodology, drift policies, and risk standards.
Ensure alignment with compliance requirements and regulatory standards.
Serve as the primary investment partner to compliance and legal teams.
6. Client & Advisor Communication
Serve as a visible and credible investment voice for advisors and clients.
Provide clear communication regarding portfolio positioning, market conditions, and investment rationale.
Support advisors in complex or high-stakes client conversations.
Contribute to firm-wide market commentary and educational content.
7. Technology & Innovation Leadership
Evaluate and optimize portfolio management and investment technology platforms.
Implement best-in-class tools for monitoring, rebalancing, risk analysis, and tax-aware investing.
Assess emerging technologies, including AI-driven investment tools, for practical application.
Enhance operational efficiency, scalability, and client experience through technology.
8. Advisor & Leadership Partnership
Act as a strategic partner to firm leadership and advisory teams.
Simplify advisor workflows by centralizing and professionalizing investment management.
Support growth, scalability, and enterprise value initiatives.
Requirements
Required Credentials & Experience
Series 7 license (required).
Chartered Financial Analyst (CFA) designation (required).
10+ years of progressive investment management experience, preferably within a wealth management or advisory firm.
Demonstrated experience overseeing portfolios and firm-level investment processes.
Strong expertise in portfolio construction, tax-aware investing, drift management, and risk management.
Proven ability to leverage technology to improve investment outcomes and operational efficiency.
Strong cultural alignment with a collaborative, client-first organization.
Must be in the office - this is not a remote position
