Your opportunity
At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.
Schwab’s Wealth and Advice Solutions (WAS) organization is building and delivering an industry-leading wealth management experience. WAS’ vision and mission is to make wealth management more accessible, delivering for clients today while innovating for tomorrow.
As an Associate Alternative you will play a critical role helping our ultra-high-net-worth (UHNW) clients incorporate alternative investments into their overall wealth management experience. In this role, you will support both clients and the Senior Alternative Investment Consultants (AICs) by delivering a white-glove experience to eligible clients interested in investing in alternative investments, including private equity, private credit, hedge funds, and private real estate. If you have a passion for serving clients, understanding capital markets and building portfolios, and working cross-functionally within a dynamic and highly impactful team, this may be the role for you.
Key Responsibilities
- Support senior team members in delivering timely, accurate, and suitable alternative investment advice to clients
- Coordinate with various internal teams and with clients to onboard alternative investment commitments
- Manage pipeline of opportunities
- Assist in client meeting preparation
- Schedule and participate in client meetings
- Assist in the subscription and reregistration process for client investments
- Draft internal compliance and suitability documentation for client investment recommendations
- Develop expertise in private markets
- Help analyze client portfolio holdings and provide analysis to senior partners
- Provide ongoing service to clients and internal partners by providing investment specifics (e.g. capital call detail, investment highlights, etc.)
What you have
Required Qualifications:
- Minimum of 3 years of experience in financial services or client service role
- Bachelor’s Degree
- Series 7 required
- Series 66 required (may be obtained with a 180-day COE)
- Excellent written and verbal communication, presentation, and facilitation skills
- Well-organized and disciplined with high attention to detail
- Self-starter: takes initiative and can work independently
- Inquisitive, analytical, and strategic thinker
- A client service-oriented mindset
- High-energy, positive, entrepreneurial in spirit while being goal-oriented and results-driven
- Flexible and adaptable in working with various business domains
- Excellent technology skills with an ability to quickly learn new software applications
Preferred Qualifications:
- Experience serving high net worth clientele and resolving escalations
- Understanding of public and private investment life cycle, risk, and portfolio modeling
- Familiarity with tax issues and liquidity management
What’s in it for you
At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
- 401(k) with company match and Employee stock purchase plan
- Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
- Paid parental leave and family building benefits
- Tuition reimbursement
- Health, dental, and vision insurance
