FSM seeks a CFA Charterholder to lead investment services delivery — and directly manage capital — across a growing roster of ultra-high-net-worth client families. This role carries a dual mandate: you are both the institutional framework builder who ensures every advisor is tracked, benchmarked, and held accountable, and a discretionary portfolio manager with direct responsibility for assigned capital sleeves within each client's overall allocation.
This is a rare seat for a CFA who has managed real money, is fluent in multi-asset portfolio construction, and can simultaneously operate at the orchestration level — sitting above a roster of outside managers — and at the execution level, managing positions directly. You will not be a passive scorekeeper. You will be in the game.
What You'll Own
Discretionary Portfolio Management
- Manage assigned capital sleeves across client portfolios on a fully discretionary basis, spanning liquid equities, fixed income, and select alternatives
- Construct and maintain model portfolios with explicit factor exposures, benchmark targets, and risk budgets approved by the client principal
- Execute investment decisions including security selection, position sizing, rebalancing, and tactical allocation shifts within the agreed investment policy statement (IPS)
- Generate time-weighted and money-weighted return reporting on directly managed sleeves, held to the same S&P; 500 benchmark standard applied to all outside managers
- Produce written investment rationale for every material position change — no undocumented trades
- Coordinate with client tax advisors on tax-lot management, wash sale rules, and the interaction between active trading and the client's broader tax posture
Investment Oversight & Multi-Manager Coordination
- Maintain and continuously improve performance measurement frameworks for each client's full advisor roster, benchmarked against the S&P; 500 and appropr