Wealth Advisory Strategist, Kayne Anderson Rudnick - Los Angeles
Established in 1984, Kayne Anderson Rudnick is a RIA managing nearly $9B in assets, with offices in Los Angeles and San Francisco. The firm manages approximately $2.5B in Wealth Advisory assets, providing investment advisory services to the HNW and UHNW markets
As the firm operates within an open-architecture platform, this position will be responsible for performing ongoing due diligence on all recommended investment strategies on the Kayne Anderson Rudnick Wealth Advisory Platform. The candidate will be also responsible for recommending new investment strategies and managers for the platform. In addition, the candidate will also be responsible for monitoring all platform strategies and provide quarterly updates to the KAR Wealth Advisory Investment Committee and the firms’ advisors.
Further, while working with the firms’ Chief Investment Officer, the candidate would be responsible for developing content to be used by the firms’ advisors as to KAR’s outlook on the economy and capital markets. The candidate would further be working with the firms’ Chief Investment Officer to design the firm’s Wealth Advisory Asset Allocation models, providing research and analysis on asset allocation inputs.
The candidate would be expected to participate in client and prospective meetings with the firms’ advisors, as needed, to communicate the firms’ capital market views and provide information regarding the firms’ due diligence process.
Duties and Responsibilities:
§ Take ownership as the relationship manager with third party investment management firms.
§ Apply and evolve a disciplined set of tools/methodology for manager evaluation, selection and monitoring.
§ Perform Continuing Due Diligence and monitoring on products on KAR’s Wealth Advisory platform.
§ Conduct screening and due diligence on investment managers for inclusion on the firm’s Wealth Advisor platform.
§ Research investment offerings to determine suitability for KAR’s Wealth Advisory Platform.
§ Work closely with CIO to develop Asset Allocation inputs, methods and processes to construct Wealth Advisory Asset Allocation Strategies.
§ Monitor Asset Allocation performance.
§ Assist in implementation, monitoring and rebalancing processes.
§ Thematic Research as needed.
§ Keep abreast of industry and economic developments, and apply that knowledge to the firm’s investment recommendations and strategies.
§ Facilitate, articulate and communicate KAR’s investment philosophy, outlook, and rationale for asset allocation positioning and changes.
§ Produce written material and quarterly updates on the WA platform, keeping the advisor’s updated on the strategies and the instruments used to implement them.
§ Keep advisors apprised of platform offerings and developments; provide miscellaneous advisor education as needed.
§ Coordinate and facilitate periodic Wealth Advisory Investment Committee meetings.
§ Partner with the Wealth Advisors for proposal generation and ongoing client service efforts.
§ Maintain relationships with internal stakeholders
Skills, Knowledge and/or Experience:
§ 3-7 years of related experience
§ BA or BS degree
§ CFA or MBA a plus
§ Ability to assess the accuracy and relevancy of key portfolio data
§ Strong Microsoft Office/Excel spreadsheet capabilities
§ Strong verbal and written communication skills
§ Collaborative team player
§ Attention to detail
§ Familiar with FactSet, Morningstar Direct, Asset Allocation and Style Analysis
§ Must be able to manage multiple tasks and meet deadlines
Send resume to: firstname.lastname@example.org