About the position
The Portfolio Strategy Manager will serve as the functional lead for the firms centralized trading consulting platform, overseeing all portfolio consulting deliverables and acting as the day-to-day point of contact for the firms financial advisors utilizing these services. This individual will combine robust expertise in asset allocation and portfolio construction with process discipline and cross-functional collaboration to ensure advisors and clients receive accurate, timely, and high-quality portfolio strategy support consistent with the firms investment philosophy, risk management standards, and service level agreements. This is a hybrid role (hybrid for Parallel means 3x/week in office) in either our Dallas or Scottsdale office.
Responsibilities
• Participate in the development and refinement of the firms centralized trading portfolio consulting program tailored for UHNW clients. ($5M & above)
• Manage portfolio consulting workflows including household-level strategy design and rebalancing recommendations in alignment with client objectives, tax considerations and investment policy statements.
• Act as the primary liaison between advisors and the Head of Research and Trading to ensure portfolio consulting recommendations are executed accurately and in accordance with SLAs)
• Collaborate with the Head of Research & Trading, Director of Private Markets & the Firms Investment Committee to translate macroeconomic and market outlooks into actionable portfolio positioning recommendations consistent with the firms investment philosophy.
• Partner with Head of Research & Trading, Director of Private Markets and third-party research teams to evaluate investment products and incorporate them into portfolio frameworks.
• Identify risks associated with portfolio consulting activities and propose mitigation strategies and collaborate with the Head of Research & Trading and the Chief Compliance Officer on portfolio monitoring exercises outside of trade execution.
• Field advisor questions on capital markets trends and provide advisors with advanced guidance on asset allocation and portfolio implementation.
• Support client and prospect meetings for larger or more complex relationships as needed, serving as subject matter expert on portfolio strategy.
• Serve as the advisor-facing expert on the firms portfolio analysis tools (BlackRock 360, YCharts and Kwanti) to support decision-making and portfolio monitoring.
Requirements
• Bachelors degree
• Active, current series 65 license or equivalent
• 5-8+ years of experience in investment strategy, asset allocation, or portfolio constructionideally within an established RIA, family office, or private bank.
• Strong grasp of capital markets trends, investment vehicles (mutual funds, ETFs, SMAs, private markets), and implementation best practices.
• Proficiency with portfolio analytics tools and financial software.
• Excellent communication skills, with the ability to distill complex investment concepts into clear, compelling narratives for clients and advisors.
• Highly collaborative, detail-oriented, and intellectually curious, with a strong sense of accountability and ownership.
• Proven ability to manage, guide and mentor direct reports
• Deep client empathy, sound judgment, and a high degree of discretion and professionalism.
Nice-to-haves
• CFA/CAIA or progress toward designation a plus
• Experience managing portfolio consulting initiatives at scale is strongly preferred.