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Investment Consultant - Team COO **

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Morgan Stanley

26d ago

  • Job
    Full-time
    Expert Level
  • Sales & Business Development
    Business, Operations & Strategy
  • New York

AI generated summary

  • You need a bachelor’s degree, 10+ years of experience, Series 7 & 63, relevant licenses, strong communication skills, compliance knowledge, and leadership experience.
  • You will oversee support staff, coordinate business initiatives, enhance client relationships, manage communications, evaluate services, and lead client onboarding and investment strategies.

Requirements

  • Minimum of bachelor’s degree or comparable professional certification required
  • 10 Or More Years Of Relevant Work Experience Preferred
  • Active Series 7, 63 and must maintain investment adviser representative (RA) registration, where required, in their place of business state and any other state(s) where the individual maintains a physical place of business. Additional product licenses may be required
  • Product and state licenses in parallel to Financial Advisors on the Team, required
  • Financial industry and product knowledge
  • Excellent written and verbal communication skills
  • Knowledge of applicable compliance rules and regulations and firm policies
  • Ability to interact and communicate effectively with colleagues and clients
  • Evidence of strong leadership skills or previous supervisory experience

Responsibilities

  • Oversee team’s Support Professionals to ensure alignment on team priorities and business goals
  • Serve as a coordinator for business matters related to the team, ensuring that they are directed to the appropriate contact, addressed properly, efficiently and judiciously, and track progress until resolved
  • Coordinate and guide strategic business initiatives to achieve desired results, including tracking the acquisition of assets, growth, and performance of FA/PWA/team
  • Organize and prioritize critical issues and required information for Advisors to facilitate efficient decision making
  • Support the FA/PWA/team in enhancing new and existing client relationships through an exceptional client experience
  • Proactively assess client needs to determine the proper course of action and delegate to the appropriate individual on the team to manage
  • Manage team client communications strategy
  • Work in conjunction with local Management to oversee such team responsibilities as interviewing candidates for hire, training team members and offering input on staff performance
  • Evaluate and implement new services offered by the firm to determine how to integrate them into current service offering
  • Closely coordinate with analysts and FA / PWAs to oversee client investment functions, including but not limited to the oversight of policies, procedures, reporting and performance metrics via firm approved resources
  • Lead client onboarding including implementing the appropriate investment strategy and determining the correct client placement within the FA / PWA team
  • Monitor elements of team compensation including support staff salaries and funding
  • Maintain and develop client relationships by developing strategies to meet their financial goals through financial planning and wealth management
  • Advise clients in accordance with the team’s agreed upon strategy
  • Analyze investment opportunities and client needs, and recommend appropriate strategies
  • Prepare and deliver presentations/seminars to clients and prospects for business development purposes, as needed

FAQs

What is the primary role of the Investment Consultant - Team COO?

The primary role of the Investment Consultant - Team COO is to serve as the lead coordinator for a Financial Advisor/Private Wealth Advisor Team, overseeing business operations, enhancing team capacity, managing client service models, and executing new business initiatives.

What qualifications are required for this position?

Candidates are required to have a minimum of a bachelor’s degree or comparable professional certification, 10 or more years of relevant work experience, and active Series 7 and 63 licenses, along with maintaining investment adviser representative (RA) registration as required.

What are the expected base pay rates for this role?

The expected base pay rates for this role will be between $50,000 and $115,000 per year at the commencement of employment, with final compensation determined on an individualized basis.

What skills are essential for this position?

Essential skills include financial industry and product knowledge, excellent written and verbal communication skills, knowledge of compliance rules and regulations, and the ability to interact effectively with colleagues and clients.

Who does the Team COO report to?

The Team COO reports to the Branch Manager or Associate Market Manager.

Is prior supervisory experience required for this role?

Yes, evidence of strong leadership skills or prior supervisory experience is preferred for this position.

What kind of client relationships will the Team COO manage?

The Team COO will maintain and develop client relationships by strategizing to meet their financial goals through financial planning and wealth management, while also advising clients according to the team’s agreed-upon strategy.

Are there opportunities for professional development in this role?

Yes, there are opportunities for professional development, including the potential for training team members and input on staff performance, as well as participating in client presentations and seminars for business development.

Does Morgan Stanley have a commitment to diversity and inclusion?

Yes, Morgan Stanley is committed to diversity and inclusion, emphasizing a workforce that reflects its standards of integrity and excellence, and actively works to attract and retain top talent from diverse backgrounds.

Is there an employee benefits package associated with this position?

Yes, Morgan Stanley offers some of the most attractive and comprehensive employee benefits and perks in the industry.

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Morgan Stanley

Finance
Industry
10,001+
Employees
1935
Founded Year

Mission & Purpose

Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — put clients first, do the right thing, lead with exceptional ideas, commit to diversity and inclusion, and give back — that guide its more than 70,000+ employees across 41 countries.