Full-Time

Principal – Senior Wealth Strategist

Updated on 12/20/2024

Ares Management

Ares Management

1,001-5,000 employees

Global alternative investment management firm

Venture Capital
Financial Services
Real Estate

Compensation Overview

$200k - $250kAnnually

+ Bonus

Expert

New York, NY, USA + 1 more

More locations: Denver, CO, USA

Category
Asset Management
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Python
R
PowerPoint/Keynote/Slides
Requirements
  • 15+ years of work experience in portfolio construction, private markets and asset management. Preferred backgrounds include portfolio management, deal team, CIO and consulting.
  • Series 7 & 63 licenses preferred; must be capable of obtaining licensing within 120 days if not currently held.
  • MBA, CFA, CAIA or CFP designations a plus.
  • Entrepreneurial, business-owner mindset with an ability to identify new business opportunities, process improvements and sales ideas.
  • Team player with excellent interpersonal skills; collaboratively work with Relationship Managers, Marketing, Investment and IR teams, Quant teams, Product Development, Compliance and Executive Leadership.
  • Strong public and private markets knowledge with ability to articulate complex concepts to audiences with varying degrees of investment acumen.
  • Deep understanding of economics, financial markets, investment concepts, styles and issues.
  • Exemplary written and live presentation skills.
  • Strong quantitative capabilities and an attention to detail, including: Institutional portfolio construction modelling, portfolio optimization, and factor analysis expertise (for examples, see “Modern Investment Management: An Equilibrium Approach” Litterman, et al.; “Expected Returns” Ilmanen; “Asset Management” Ang) Proficient Excel modelling skills and a deep grasp of functions and shortcuts to handle and manipulate large data sets Proficient with PowerPoint and Word to create and deliver clear narratives that tell a powerful story Experience building Excel macros and working in R or Python is a plus Experience with Bloomberg, Venn, Preqin and PitchBook applications is a plus
  • Strong work ethic; a pace and urgency to get things done and be in front of as many clients as possible. Paired with professionalism and integrity.
Responsibilities
  • Through ongoing consultation and analysis, support advisors in constructing efficient private market allocations that can help address investors’ diversification needs, risk parameters and life goals.
  • Design and build out a robust analysis engine and model recommendations that can be used to deliver unique insights to advisors and clients.
  • Originate and drive institutional thought leadership through regularly published market intelligence pieces.
  • Headline large speaking engagements on the topics of private markets, macro environment, portfolio construction and asset allocation. Build into practice management, behavioral finance and related topics.
  • Partner with Sales in-market and virtually to meet with financial advisors 1:1 and/or in group sessions to deliver institutional-quality thought leadership and market insights. Frequent travel with the sales team in their respective markets is a key part of the role. Serve as a first-call resource for sales teams’ questions and positioning ideas.
  • Play an instrumental role in product development, working with senior leadership across the organization.
  • Mentor and grow junior team members as well as those on surrounding teams.

Ares Management is a global investment manager that specializes in alternative investments across various asset classes, including credit, private equity, real estate, and infrastructure. The company offers investment solutions to a wide range of clients, such as institutional investors, corporations, and high-net-worth individuals, providing both primary and secondary investment opportunities. Ares Management's approach focuses on generating consistent returns by adapting to different market conditions and leveraging a collaborative investment strategy. Unlike many traditional investment firms, Ares emphasizes providing flexible capital to support businesses and create value for stakeholders and communities. The company earns revenue through management fees, performance fees, and investment income from its managed funds.

Company Stage

IPO

Total Funding

$3.2B

Headquarters

Chicago, Illinois

Founded

1997

Simplify Jobs

Simplify's Take

What believers are saying

  • Ares' acquisition of BootstrapLabs enhances its AI strategy and operational efficiencies.
  • The $1.4 billion private credit deal with Blackstone showcases Ares' large-scale credit capabilities.
  • Expansion into Australia's wealth channel indicates growth in private equity secondaries.

What critics are saying

  • Increased competition in private credit could squeeze Ares' profit margins.
  • Potential overvaluation in logistics real estate may impact future returns.
  • Departure of key personnel could disrupt operations and client relationships.

What makes Ares Management unique

  • Ares Management offers diverse investment solutions across credit, private equity, and real estate.
  • The firm provides flexible capital to support businesses and create stakeholder value.
  • Ares leverages a collaborative investment approach to generate returns in various market cycles.

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