Note: The job is a remote job and is open to candidates in USA. XYPN is an SEC registered investment advisor that provides a platform for independent, fee-only financial advisors. They are seeking a detail-oriented Portfolio Associate to join their investment team, focusing on trading operations, portfolio implementation, and investment research while supporting advisors and enhancing operational efficiency.
Responsibilities
- Execute all trade requests accurately and within established service level agreements
- Process trade instructions and system-recommended portfolio rebalances
- Review proposed trades for accuracy, submit to custodians, and monitor execution and allocations
- Confirm portfolio allocations and household setups are correct for both new and existing clients
- Respond to portfolio implementation and trading-related questions from internal teams and advisors
- Assist in PM onboarding calls with new advisors joining XYPN Sapphire, implementing portfolio transitions from prior firms
- Maintain detailed records of trading activity and processes
- Support the portfolio management team with portfolio analyses and data requests
- Prepare investment research reports on specific asset classes and model holdings
- Perform due diligence and review of advisor lead custom models
- Assist in maintaining model marketing materials and YCharts Model Marketplace Dashboards
- Contribute to internal investment content and participate in the creation of firm-level research
- Ad hoc portfolio analysis as requested by financial advisors
- Lead or contribute to process improvement and automation initiatives within the investment team
- Collaborate cross-functionally to enhance trading workflows and operational efficiency
- Support the needs of the Investment Policy Committee with data and project work
Skills
- 4-9 years experience either: placing trades at a large custodian, investment manager, RIA, of other financial services firm or performing investment research, with an asset-class specific focus
- Solid understanding of portfolio management concepts and trading processes
- You have a knack for noticing small discrepancies; you fill crucial information into forms (like account numbers!) with little to no error. You proofread your work before submitting it
- Tech-savviness and the ability to pick up new technology
- Comfort navigating trading platforms and custodian interfaces
- Experience with investment tools/systems and a process-improvement mindset
- You can work under tight deadlines without even breaking a sweat as you flex your brag-worthy time management skills
- Familiarity in self-directing your days—you can manage your projects and tasks, seek out support, and re-prioritize as needed
- Authorized to work and live in the United States
- Experience using Orion and their trading software, Eclipse
- Experience working with Charles Schwab as a custodian
- You're using AI tools in a trading capacity
- You've passed CFA level 2 or more
Benefits
- All team members at XYPN are owners! We offer a 100%- employer-funded Employee Stock Ownership Plan (ESOP).
- Unlimited vacation days to maintain work-life harmony (we require that you take a minimum of 3 weeks of vacation per year)
- 9 paid holidays (we offer flexible holidays!)
- 401(k) with match; you put in 6%, and we put in 4.5%.
- 12 weeks paid parental leave for the birth or adoption of a child.
- Health insurance w/ employer contribution.
- Dental, Vision, Voluntary Life and AD&D, and Accident insurance options.
- Pet insurance availability
- Health Savings & Flex Spending (Health, Limited & Dependent Care) Accounts available
- Employer-paid Life and AD&D insurance.
- Employer-paid Long Term Disability coverage.
- Up to $150/month to cover the cost of working with a financial planner, plus up to $500 toward the upfront fee.
- $2000/year (prorated by start date) to put towards professional development
- $250/quarter to spend on yourself specific to our core value of "Be Well Being You.”
- $500 donated to a non-profit organization of your choice when you volunteer 40 hours within the calendar year.
- A sabbatical program that includes a cash bonus and extra time off at 5, 10, and 15 years.
- Subsidized employer-sponsored childcare through our internal child care program. (Subject to availability)
- Various Gym discounts
- Company-owned laptop computer provided (Apple Products).
Company Overview
XYPN is the advisor support platform that makes it possible for fee-only financial advisors to build the independent firm of their dreams It was founded in 2014, and is headquartered in Bozeman, Montana, USA, with a workforce of 51-200 employees. Its website is https://www.xyplanningnetwork.com.