SVP, Chief Investment Officer
The SVP, Chief Investment Officer (CIO) is responsible for leading the Investment Department and RIA and Broker-dealer investment related activities for the World/Pensionmark group of companies. This position will be a key member of the World/Pensionmark Executive Team, contribute to firm leadership, strategic vision, and execution. The CIO will represent the firm’s investment products, strategies, and all related solutions to Financial Advisors and their clients. The CIO will have an in-depth understanding of financial markets with the ability to clearly communicate and articulate investment strategies to Wealth Advisors.
Responsibilities:
- Manage and grow the Pensionmark Retirement and Wealth Investment Platforms with a focus on the Financial Advisor experience, client experience, AUM growth and process efficiencies
- Build the leading investment platform for the firm, with value added offerings for Financial Advisors to service their clients and grow their businesses
- Lead project team that will identify the provider of the trading platform and overlay chassis for Model Portfolios
- Manage the optimal portfolio construction structure
- Oversee all investment strategies, ensuring an optimal portfolio of offerings, periodic product diligence, and continuous performance tracking
- Provide required support to Pensionmark’s existing products and strategies
- Collaborate with Advisory Services, Business Development, Marketing, Operations, Technology, and Compliance to ensure successful delivery of the platform at scale
- Develop and implement effective investment processes and strategies
- Conduct thorough research on investment market behavior
- Write clear and well informed investment recommendations based on thorough research and analysis
- Organize regular investment reports and reviews, including quantitative and qualitative portfolio studies
- Serve as a thought leader and create regular market commentary for our Financial Advisors
- Meet regularly with our product partner portfolio managers
- Perform regular administration duties of all investment files
- Help manage and uphold current client relationships
- Market Pensionmark’s Investment Platform through external media positioning and speaking opportunities
- Collaborate with investment strategists and consultants to define a clear value proposition
- Communicate our value proposition to internal and external stakeholders, existing clients, and new prospects
- Motivate and lead a high performing team; attract, recruit and retain key stakeholders
Requirements:
- 10+ years of experience at a large asset manager, RIA, fund company or broker dealer
- Experience leading an Investment Team, and managing asset managers, platform managers, investment strategists and consultants. The ideal candidate would have done several of the following:
- Built or scaled an investment platform, while making decisions around a number of strategies, platform positioning for advisors/clients, and pricing on Transitioned Advisor “books of business” to new models and strategies
- Oversaw first-time and ongoing due diligence for new and existing strategies
- Drove inorganic growth through merger, acquisition and/or integrations of other asset managers
- Strong organizational skills to manage on demand requests, projects and daily duties
- Communication experience across large and small groups via all mediums, including live presentations
- Thorough knowledge of financial industry and financial products
- Strategic thinker and proficient decision-making
- Highly motivated and results driven individual, a self-starter
- Excellent analytical and problem solving skills
Preferred Education and Designations
- Bachelors degree in finance or a relative field from an accredited institution required
- CFA preferred (CIMA and CFP will also be considered)
- Series 65 license required (or must obtain within first 6 months of employment)
- Clean U4 and U5 history
Equal Employment Opportunity
At World Insurance Associates (WIA), we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. WIA is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status. In addition, WIA makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
