Portfolio Analyst

Responsibilities: 

• Analyze, implement, and monitor portfolio strategies across a diverse range of account types, tax structures, investment vehicles, and client specific constraints.
• Evaluate and manage portfolio transitions involving concentrated positions, embedded capital gains, illiquid holdings, legacy investments, account restrictions, and tax sensitive implementation considerations.
• Perform household-level portfolio analysis to ensure alignment across multiple accounts, registration types, investment objectives, and cash flow requirements.
• Coordinate the implementation of separately managed accounts, third-party managers, alternative investments and custom investment strategies.
• Review and reconcile account restrictions, investment guidelines, liquidity needs, and tax considerations to ensure portfolios remain aligned with client objectives and investment policy requirements
• Monitor and evaluate portfolio drift, risk exposures, asset allocation changes, cash positioning, and implementation exceptions across client relationships.
• Partner with advisors and investment professionals to develop tax efficient implementation strategies for new and existing client relationships.
• Assist in the integration of acquired advisory firms, including portfolio analysis, account mapping, asset classification review, model alignment, and investment implementation planning.
• Maintain and enhance trading platforms, investment data integrity, model governance frameworks, and implementation workflows.
• Identify opportunities for automation, process optimization, and scalable operational improvements across the firm's investment platform.
• Serve as a subject matter expert on portfolio implementation, trading workflows, custodian capabilities, account structures, and investment technology platforms.

Qualifications & Experience:

• Bachelor’s Degree required.
• 0-5+ years of experience preferred. Candidates across a range of experience levels will be considered, with preference given to individuals demonstrating increasing responsibility within portfolio management, trading, and investment implementation functions.
• The ideal candidate possesses a strong understanding of both the investment rationale behind portfolio recommendations and the operational considerations required to implement them accurately and efficiently at scale.
• Strong understanding of portfolio construction concepts, asset allocation, diversification, risk management, and investment implementation best practices.
• Experience trading, rebalancing and managing portfolios across multiple custodians, account types, and client objectives strongly preferred.
• Experience within an RIA, wealth management firm, family office or institutional investment manager strongly preferred.
• Experience managing portfolio transitions involving concentrated positions, embedded gains, illiquid holdings, account restrictions, and legacy investments. 
• Experience with separately managed accounts, mutual funds, ETFs, individual equities, fixed income securities, alternative investments, limited partnerships and other investment vehicles.
• Experience with RedBlack, Addepar or other institutional portfolio management and rebalancing software strongly preferred.
• Experience with Schwab Advisor Center, Fidelity Wealthscape, Pershing NetX360 and other wealth management technology platforms preferred.
• Advanced Excel skills required.
• Exceptional attention to detail, analytical thinking, and problem-solving abilities.
• Ability to manage competing priorities and operate effectively in a fast-paced environment.
• Strong written and verbal communication skills.
• Ability to work independently while collaborating across investment, advisory, operations, and technology teams.
• Ability to exude the True North core values.
• Must consent to credit report and background check.

• Competitive base salary
• Competitive bonus potential based on successful execution of firm goals and individual performance metrics
• 15 days of Paid Time Off (PTO) for new employees; increases to 18 days after the second year and increases from there per a schedule
• Volunteer Time Off (VTO)
• Telecommuting opportunities
• 401(k) with employer contribution
• Comprehensive benefits: medical, dental, vision, and HSA with $2,000 annual employer contribution
• Employer reimbursement for professional designations and continuing education
• Free Financial Planning services for employees and their spouses
• Collaborative culture with year-round engagement events including happy hours, coffee chats, lunches, and more!

True North is an Independent RIA that serves the wealth management needs of high-net-worth individuals and institutional clients. True North builds institutional-grade portfolio utilizing public, alternative and private investments, and manages an alternative platform called Western Alternative Strategies.