Associate, Private Wealth Client Services - Houston, United States - Cresset Capital

Cresset Capital

Verified Company

Houston, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

About Cresset

Private equity entrepreneurs Eric Becker and Avy Stein founded Cresset Capital Management with a vision to reinvent wealth management and with a firm belief that clients deserve better.

Cresset offers individuals and families access to a comprehensive suite of family office services, deeply personalized wealth management, investment advisory, planning and other services through Cresset Asset Management, an SEC registered Investment Advisor, which has surpassed $40 billion in assets under management.

Cresset Partners, our private investing group, offers clients direct access to real estate, private equity, and other investment opportunities.

Since Cresset's inception in 2017, the firm has grown to over 450 team members in more than twenty offices throughout the United States.

Primary Responsibilities:

Manage client relationships on multicustodial platforms
Serve as a primary lead for client onboarding, investment implementation, and private banking services
Create and implement customized onboarding experience for high networth clients
Transfer and reconcile assets from contra firms
Implement new investment strategies and hire managers as directed by advisor
Prepare client subscription and redemption documents related to alternative investments
Manage client billing (assign attributes, start/end dates, raising cash)
Assist with client inquiries regarding inflow and outflows
Establish lines of credit/margin
Establish 529 accounts
Manage client donor advised/charitable distributions
Attend quarterly client portfolio review meetings as needed (FO)
Serve as a liaison between Cresset and client CPA's and attorneys (FO)
Manage tax document facilitation with client CPA's (FO)
Identify new technology and opportunities to enhance client experience and promote internal scalability

Qualifications and Characteristics:

Bachelor's degree in Business, Finance, or a related field or equivalent industry experience
3+ plus years' financial services experience working with ultrahigh net worth clients

Knowledge of Fidelity and Schwab custodial platforms a plus

Operate in a dynamic and fastpaced environment is essential
Approach problems with creativity, innovation, and tenacity
Possess a strong sense of urgency
Think strategically and operate independently
Multitask to successfully manage multiple assignments simultaneously
Evaluate and prioritize tasks to meet deadlines
Organize and create structure for client relationships
Collaborate and provide meaningful input to the team
Adapt, improvise, and overcome challenges
Quickly and efficiently process and absorb information
Strong attention to detail to achieve thoroughness and accuracy when accomplishing a task
Establish and maintain positive working relationships with clients, peers, CPAs, attorneys, and other professionals
Proactively approach problem solving with strong decisionmaking capability
Proven ability to handle confidential information with discretion and demonstrate the highest level of client service, ethics, and integrity
Excellent communication skills, both written and verbal
Proficient in the use of Salesforce, Microsoft Office programs including Word, Excel, PowerPoint and Outlook

What We Offer

Cresset offers a competitive benefits package to full-time regular employees including medical, dental, vision, life insurance, 401(k) retirement plan, flexible spending, dependent care, pre-tax transportation, and unlimited vacation.

All employees receive equity in Cresset.

Equal Employment Opportunity

It is the policy of Cresset to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law.

It is Cresset's policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.