Vice President, Private Wealth Partnerships
Ares Management CorporationAbout the role
Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.
Job Description
About Ares Wealth Management Solutions (AWMS)
Ares Wealth Management Solutions (AWMS) oversees the product development, distribution, marketing and client management activities of investment offerings for the global wealth management channel. With a team of more than 90 professionals and backed by the power and scale of the Ares platform, AWMS represents one of the most resourced wealth distribution and client service teams in the alternatives industry. AWMS’ mission is to provide advisors and their clients access to innovative, solutions-oriented investment opportunities, across the Ares platform of industry leading credit, private equity, real estate and secondaries strategies. Through our range of institutional and retail structures, coupled with excellent client service and educational resources, we help investors diversify their portfolios with private market solutions that can deliver consistent, long-term growth.
Position Summary
As a Vice President on the partnerships team, you will be responsible for supporting strategic & relationship management functions with key AWMS US partner intermediaries (wirehouses, banks, independent broker dealers, bank trusts, fintechs, etc.). The role will focus on developing strategic goals for each partner firm, along with product origination, onboarding, fundraising and ongoing product management functions.
This is an exciting opportunity to join a team that crosses sales, strategy and product management functions, with the opportunity to grow your career longer term with the firm. We’re searching for a dynamic, relationship driven VP who will successfully represent Ares while promoting and supporting our entire suite of Ares alternatives offerings (across credit, private equity, real estate, infrastructure, and secondaries products) to wealth management intermediaries & key home office decision makers.
Essential Job Duties
- Cultivate business relationships with key intermediary home office partners
- Work closely with AWMS partnership team members to drive new business opportunities & product origination on partner firm platforms
- Assist with fund onboarding processes with internal Ares team members & external partners
- Develop a go to market sales strategy for new & existing product onboardings
- Assist with & attend key partner conferences to promote Ares brand & support product fundraising goals
- Work collaboratively with Ares product management & investor relations, investment groups, legal, compliance, operations, and finance & accounting teams throughout the origination, onboarding, fundraising & ongoing product management processes
- Work collaboratively with AWMS partners in marketing, sales, product development, operations and strategy
- Cultivate business relationships with the wider community to stay informed on competitor intelligent and industry trends
- Take on ad hoc projects as needed
Required Knowledge, Skills & Abilities
- 7-10+ years of experience in financial services with a minimum 3-5 years’ experience in retail/wealth management preferred
- Strong sales, investment and product management background
- FINRA SIE, Series 7, and 63 required
- Knowledge of various product asset classes across private credit, private equity, real estate, infrastructure and secondaries preferred
- Excellent written and verbal communication skills with internal colleagues and external partners
- Demonstrated sales skills, ability to be articulate, flexible, polished, and comfortable in fast-paced environment
- Travel may be up to 20% of time
- At all times, conduct daily activities in the highest professional manner
- Bachelor’s degree or equivalent experience
Reporting Relationships
Managing Director, Private Wealth PartnershipsCompensation
The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the
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