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Full-Time

Advisory Consultant

Confirmed live in the last 24 hours

Vestmark

Vestmark

201-500 employees

Portfolio management and trading software solutions

Enterprise Software
Fintech
Financial Services

Mid

Wakefield, MA, USA

Hybrid position requiring in-office presence.

Category
Financial Consulting
Consulting
Requirements
  • Bachelor’s degree in a relevant field required
  • Series 63 required
  • Prefer CIMA, CFP or CFA designation
  • At least 2-4+ years of experience working with Financial Advisors
  • 2+ years of experience in financial services industry with sound understanding of financial markets, investment products and modern portfolio management theories
  • Excellent communication and collaboration skills, team-player
  • Must be resourceful with strong problem-solving skills and attention to detail
  • Excellent organizational skills to process high email volume, client calls and ad-hoc projects
  • Knowledge of (RIAs) registered investment advisors, (SMAs) separately managed accounts, (UMAs) unified managed accounts, tax-efficient products and/or Direct Indexing is a plus
Responsibilities
  • Work closely with Financial Advisors and support our sales team to help grow and manage existing client relationships
  • Assist Financial Advisors with proposal generation, opening new accounts, and transition analysis
  • Attend industry events and participate on client onboarding calls
  • Work with investment team to communicate investment strategies, process and outcome
  • Respond to client inquiries via phone and email
  • Collaborate with internal teams to improve operational processes and systems
  • Contribute to the growth and development of our core values: We Before Me, Positive Energy, Knowledge Explorer, and Own It

Vestmark provides portfolio management and trading software tailored for broker-dealers, investment managers, bank trusts, and financial advisors. Its main product, the VestmarkONE platform, simplifies the management of personalized, multi-asset portfolios by offering features like portfolio construction, advanced trading, rebalancing, tax-sensitive trading, compliance, risk management, and automated reconciliation. This integration allows clients to enhance their operational efficiency and reach new audiences. Unlike many competitors, Vestmark focuses on improving middle and back-office operations, enabling clients to concentrate on strategic goals and client interactions. The company's goal is to help financial institutions operate more effectively, ultimately driving growth and client satisfaction.

Company Stage

Series B

Total Funding

$45.7M

Headquarters

Wakefield, Massachusetts

Founded

2001

Growth & Insights
Headcount

6 month growth

1%

1 year growth

-2%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Vestmark's strategic investments in companies like Oracle and Block indicate a forward-thinking approach and potential for high returns.
  • The partnership with PureFacts could significantly boost operational efficiency and client satisfaction, driving growth in the wealth management sector.
  • Vestmark's comprehensive platform allows financial institutions to focus more on strategic goals and client-facing activities, potentially leading to higher client retention and satisfaction.

What critics are saying

  • The financial technology space is highly competitive, and Vestmark must continuously innovate to maintain its market position.
  • Integrating new features and partnerships, such as with PureFacts, could pose operational challenges and require significant resources.

What makes Vestmark unique

  • Vestmark's VestmarkONE platform integrates a wide range of portfolio management functions, from trading to compliance, offering a comprehensive solution that many competitors lack.
  • The company's SaaS model ensures continuous updates and improvements, providing clients with cutting-edge technology without the need for significant upfront investments.
  • Vestmark's recent partnership with PureFacts enhances its billing capabilities, making it a more attractive option for wealth management firms looking for end-to-end solutions.

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Benefits

Medical, Dental, and Vision - Vestmark pays 90% of our employees’ medical and dental coverage which are administered through Blue Cross Blue Shield (BCBS) along with Eyemed for vision.

Vestmark 100% Paid Benefits - Vestmark is proud to offer maternity and parental leave, Life, Short-Term and Long Term Disability Benefits at no cost to the employee, and Employee Assistance Program and work-life benefits.

Generous PTO - Vestmark employees receive between 15 and 25 days per year of paid time off based on years of service in addition to receiving 10 days per year of paid sick leave.

Diversity - At Vestmark, we strive to create an inclusive workplace that fosters, embraces and celebrates diversity and fairness. We continue to build a comprehensive culture where all employees are Welcomed, Valued, Respected and Heard.

Flexible Spending Account (FSA) - Vestmark employees can contribute annually to health care and dependent care FSAs and participate in our employer-matched HSA program.

401(k) with Employer Matching - Vestmark will match the employee’s 401(k) and ROTH contribution up to 50% of the first 8% per pay period with a two-year vesting component.

Company Equity - Vestmark also offers additional compensation in the form of Restricted Stock Units (RSUs). Our RSUs are issued through a vesting and distribution schedule after achieving required milestones.

Match Charitable Contributions - Vestmark is very proud of our Charitable Giving Program. We will match up to $250 annually to an approved charity of our employee's choice.

Stay Fit - Exercise your mind and your body with our on-site gym located at our Wakefield, MA headquarters. If you can't take advantage of our corporate gym, our Blue Cross Blue Shield plan offers fitness reimbursement.

Pet Insurance - Employees may choose to enroll in pet insurance at a discounted rate.