Associate Portfolio Manager, Private Asset Management (Philadelphia, PA)

Associate Portfolio Manager, Private Asset Management
The Associate Portfolio Manager, Private Asset Management supports the management of high net worth individual and trust portfolios by implementing tailored investment strategies. This role works closely with Senior Portfolio Managers to deliver exceptional client service, conduct investment research, and contribute to the implementation of asset allocation decisions.

Key Responsibilities and Duties

• Manages existing and transition (both permanent and temporary) portfolio assets and reviews adherence to client’s investment policy statement on a regular basis.
• Meets with clients annually, at a minimum, to discuss capital markets, client investment objectives, asset allocation, account activity, and performance. 
• Supports portfolio construction and rebalancing in alignment with client objectives and risk tolerances. 
• Analyzes investment performance and prepares reporting materials for client review meetings. 
• Conducts market research, monitors industry trends, performs risk analysis, and makes recommendations for portfolio adjustments. 
• Collaborates with Senior Portfolio Managers on strategic investment recommendations. 
• Ensures portfolios remain compliant with regulatory guidelines.
• Coordinates with internal teams on account administration, trading, and operations.
• Responds to client inquires and supports client relationship initiatives. 

Additional Responsibilities

• All licenses must be obtained within 120 days from start date.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 3+ Years Required; 5+ Years Preferred

FINRA Registrations

• SRC Indicator: Series 65

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
7IC

Required Qualifications:

• 3+ years working directly with wealth management individuals/clients

Preferred Qualifications:

• 5+ years working directly with wealth management individuals/clients

• CFA, CFP Certification

PLEASE NOTE:  TIAA's Associate Portfolio Manager - Private Asset Management opportunity is an individual client-facing, associate investment manager opportunity (wealth management).  Candidates should possess this level of experience for further consideration.

Related Skills

Change Management, Client Financial Planning, Client Relationship Management, Communication, Data Analysis, Due Diligence, Executive Presence, Financial Acumen, Investment Reporting Oversight, Portfolio Management, Resourcefulness, Tax

Anticipated Posting End Date:

2025-12-10

Base Pay Range: $103,000/yr - $125,000/yr

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.  In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans). 

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Company Overview

Every worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today weʼre a market-leading retirement company fueled by world-class asset management. But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us.

Our Culture of Impact

At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work t