Portfolio Manager

The Portfolio Manager is responsible for managing moderately complex client portfolios in accordance with investment policy guidelines while supporting a high-quality and consistent client experience. This role works closely with senior advisors and investment professionals to conduct portfolio reviews, develop investment recommendations, and support clients’ long-term investment objectives.

The Portfolio Manager also supports the direction, training, and development of associate team members through collaboration, mentorship, and day-to-day guidance. This role contributes to and may lead the successful execution of team and firm-wide strategic initiatives.

Career Level Expectations:

• Lead execution of core responsibilities, ensuring high-quality, consistent outcomes while effectively utilizing systems, demonstrating strong expertise, and providing direction and feedback on best practices and day-to-day execution.
• Drive team performance by delegating work, managing timelines, and proactively solving complex problems while fostering accountability and development in others.
• Contribute to firm-wide initiatives and support strategic priorities, while demonstrating a broader perspective on the firm’s long-term target and modeling core values and a growth mindset.

Technical Competencies ("What"):

• Serve as the investment specialist for simple to moderately complex client relationships, delivering portfolio guidance and supporting a high-quality client experience.
• Construct and monitor client portfolios, including working with Trader to implement investment strategies such as tax-sensitive portfolio transitions, tax-efficient rebalancing, tax-loss harvesting, and adherence to investment strategy guidelines.
• Educate clients on investment philosophy, portfolio construction, and investment processes, including conducting Investment Policy Statement (IPS) meetings and portfolio reviews.
• Perform investment research and develop recommendations related to asset allocation, factor allocation, fund selection, benchmarking, and portfolio construction.
• Monitor portfolio allocations and rebalancing activity, helping ensure alignment with investment objectives and target portfolio strategies.
• Collaborate closely with Wealth Advisors and internal tax, estate, and financial planning specialists to deliver integrated investment guidance and client service.
• Produce quarterly and ad hoc portfolio reports, analyses, and investment-related materials to support client service needs and investment decision-making.
• Participate in Investment Committee activities, contributing research, reporting, analysis, and investment recommendations.
• Develop client communication and educational materials related to investment philosophy, portfolio management, market topics, and investment strategy.

Professional Competencies of this Career Level ("How"):

• Demonstrate strong judgment in making informed decisions that impact the team and align with firm priorities.
• Lead by example, reinforcing expectations through actions and behaviors that reflect firm values.
• Adapt to change and effectively leads others through it, maintaining focus and stability within the team.
• Prioritize team, client, and firm success, demonstrating a firm-first mindset in decision-making and actions.
• Apply a broader perspective, understanding team priorities within the context of firm goals (1-year plan and 3-year picture), contributing to their execution, and identifying opportunities to improve team processes and operational effectiveness.
• Delegate effectively, aligning work with team members’ strengths and supporting their development.
• Communicate clearly and effectively, facilitating open dialogue, providing feedback, and ensuring alignment across team members, leadership, and clients.

Qualifications

• Bachelor’s degree required.
• Chartered Financial Analyst (CFA) designation required.
• 5+ years of experience in the investment management industry, including experience advising clients.
• Demonstrated knowledge of capital markets, portfolio construction, and passive investment strategies.
• Ability to coordinate across teams and manage internal processes, with strong attention to detail.
• Ability to operate effectively both independently and collaboratively in a team-oriented environment.
• Commitment to ongoing professional development and adaptability in a changing industry.

Core Values

We are a team of good people who put forth relentless effort to serve others.

Demonstrate Truepoint’s Core Values:

• We are a team: we get on the bus, we are dependable and accountable, embrace collaboration, proactively step-up and pitch-in, and we actively help our teammates grow and succeed.
• Of good people: we are humble, genuine, compassionate, open-minded, positive, and fun to be around.
• Who put forth relentless effort: we exhibit a can-do spirit, we take initiative, solve problems, go above and beyond and continually improve.
• To serve others: we listen first, build relationships, anticipate the needs of others, take ownership, and resolve issues – we strive to exceed expectations.

Physical & Environmental Requirements:

• Prolonged periods of working on a computer and occasional periods sitting.
• May have to lift up to 15 pounds.
• Minimal travel required. Frequent attendance at internal meetings required.
• Occasional attendance at meeting with outside partners.
• Travel outside the region may be required for business and/or professional development.
• In our hybrid work environment, the company reserves the right to modify in-office attendance requirements at its discretion based on business needs.

This position description in no manner neither states nor implies a contract of employment. Job duties and responsibilities may be added, changed or deleted at managements’ discretion at any time. This written description does not limit the duties and responsibilities by the assigned incumbent.

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