Senior Analyst - Product & Vendor Management
About the position
Hightower is seeking an energetic Senior Associate, Trading Solutions to join its fast-growing Product and Vendor Management (PVM) team within Hightower Investment Management. PVM serves as internal subject matter experts and primary contacts for third-party products, tools, and services, including trading and rebalancing platforms (Black Diamond, Tamarac, Moment), Separately Managed Accounts (SMAs), turnkey asset management programs (TAMPs such as Envestnet), and research and analytical tools (Bloomberg, Morningstar), among others. This highly dynamic role focuses on driving organic growth opportunities for existing advisor practices and supporting the onboarding of products and tools for new M&A deals. The Senior Associate will act as a liaison between Hightower’s select third-party vendors and the financial advisor community, collaborating cross-divisionally with Legal, Risk, Compliance, Finance, Operations, Investment Management, and Technology. Reporting to the Executive Director of Trading Solutions, this position offers the opportunity to cultivate and manage relationships with leading industry providers, bring new products to the platform, and contribute to ongoing enhancements that elevate the advisor’s experience.
Responsibilities
• Serve as subject matter expert and primary point of contact for financial advisors providing proactive and reactive product-related support.
• Proactively support and engage with advisors and vendors to facilitate daily operations, configuration, and workflows of trading tools, rebalancers and TAMPs.
• Collaborate with the Capital Markets Desk to provide support for fixed income trading, including transition planning and customization.
• Support PVM colleagues in evaluating and onboarding solutions and play a pivotal role in contract and service level negotiations with new and existing vendors.
• Support PVM colleagues to improve business processes and functions, including M&A-related integrations.
• Maintain timely, accurate and complete PVM administration tasks, including user lists and permissions, due diligence documentation collection, regular data aggregation and trend analysis.
• Support PVM colleagues in integrating Advisor Practices into the Hightower Signature Wealth ecosystem by coordinating solution changes and vendor alignment.
Requirements
• Bachelor’s degree from an accredited college or university.
• 3-5 years of full-time work experience in wealth or investment management, with a strong preference for prior experience working with RIAs and/or broker dealers and third-party custodians (e.g., Fidelity, Pershing, Schwab).
• Experience with trading, rebalancing and TAMP tools.
• Ability to quickly build credibility and rapport with third parties and financial advisor community.
• Strong drive, proactive mindset, outcome and detail oriented.
• Proficiency in Microsoft Office Suite (excel skills a plus) and CRM tools (Salesforce preferred).
• Effective verbal and written communication skills with ability to adapt to different audiences.
• Active Series 7, 66 (63/65) licenses (or required within 6 months of hire)
Nice-to-haves
• additional industry designations (CFP, CFA, CAIA, CIMA, etc.) are welcome.
Benefits
• Coverage on the first day of employment for medical, dental, and vision insurance
• Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver)
• Mother’s lounge onsite
• Flexible PTO plan
• Hybrid work schedule (minimum of 3 to 4 days in office)
• Free brand-new gym in the Chicago office
• 401k matching plan
• HSA employer contributions
• Student loan assistance
• Pet insurance
• Base salary of $100,000 plus discretionary bonus (exact base salary amount will be dependent on experience)
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Apply To this Job
Hightower is seeking an energetic Senior Associate, Trading Solutions to join its fast-growing Product and Vendor Management (PVM) team within Hightower Investment Management. PVM serves as internal subject matter experts and primary contacts for third-party products, tools, and services, including trading and rebalancing platforms (Black Diamond, Tamarac, Moment), Separately Managed Accounts (SMAs), turnkey asset management programs (TAMPs such as Envestnet), and research and analytical tools (Bloomberg, Morningstar), among others. This highly dynamic role focuses on driving organic growth opportunities for existing advisor practices and supporting the onboarding of products and tools for new M&A deals. The Senior Associate will act as a liaison between Hightower’s select third-party vendors and the financial advisor community, collaborating cross-divisionally with Legal, Risk, Compliance, Finance, Operations, Investment Management, and Technology. Reporting to the Executive Director of Trading Solutions, this position offers the opportunity to cultivate and manage relationships with leading industry providers, bring new products to the platform, and contribute to ongoing enhancements that elevate the advisor’s experience.
Responsibilities
• Serve as subject matter expert and primary point of contact for financial advisors providing proactive and reactive product-related support.
• Proactively support and engage with advisors and vendors to facilitate daily operations, configuration, and workflows of trading tools, rebalancers and TAMPs.
• Collaborate with the Capital Markets Desk to provide support for fixed income trading, including transition planning and customization.
• Support PVM colleagues in evaluating and onboarding solutions and play a pivotal role in contract and service level negotiations with new and existing vendors.
• Support PVM colleagues to improve business processes and functions, including M&A-related integrations.
• Maintain timely, accurate and complete PVM administration tasks, including user lists and permissions, due diligence documentation collection, regular data aggregation and trend analysis.
• Support PVM colleagues in integrating Advisor Practices into the Hightower Signature Wealth ecosystem by coordinating solution changes and vendor alignment.
Requirements
• Bachelor’s degree from an accredited college or university.
• 3-5 years of full-time work experience in wealth or investment management, with a strong preference for prior experience working with RIAs and/or broker dealers and third-party custodians (e.g., Fidelity, Pershing, Schwab).
• Experience with trading, rebalancing and TAMP tools.
• Ability to quickly build credibility and rapport with third parties and financial advisor community.
• Strong drive, proactive mindset, outcome and detail oriented.
• Proficiency in Microsoft Office Suite (excel skills a plus) and CRM tools (Salesforce preferred).
• Effective verbal and written communication skills with ability to adapt to different audiences.
• Active Series 7, 66 (63/65) licenses (or required within 6 months of hire)
Nice-to-haves
• additional industry designations (CFP, CFA, CAIA, CIMA, etc.) are welcome.
Benefits
• Coverage on the first day of employment for medical, dental, and vision insurance
• Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver)
• Mother’s lounge onsite
• Flexible PTO plan
• Hybrid work schedule (minimum of 3 to 4 days in office)
• Free brand-new gym in the Chicago office
• 401k matching plan
• HSA employer contributions
• Student loan assistance
• Pet insurance
• Base salary of $100,000 plus discretionary bonus (exact base salary amount will be dependent on experience)
Apply tot his job
Apply To this Job