Full-Time

Senior VPI Relationship Manager

Confirmed live in the last 24 hours

Vanguard

Vanguard

10,001+ employees

Client-owned investment management firm offering low-cost funds

Fintech
Financial Services

Senior

No H1B Sponsorship

Oakland, CA, USA + 2 more

More locations: Malvern, PA, USA | Scottsdale, AZ, USA

Hybrid working model implemented, requiring in-office presence.

Category
Financial Planning and Analysis (FP&A)
Investment Banking
Finance & Banking
Requirements
  • Minimum of seven years related work experience. Five years in Direct indexing / Personalized Indexing, SMA, and Sales/Relationship Management strongly preferred.
  • Advanced knowledge of direct indexing/personalized indexing competitive landscape.
  • Knowledge of portfolio optimization, performance attribution analytics a plus
  • Undergraduate degree or equivalent combination of training and experience. Graduate degree and/or advanced investment designation (CFA) preferred.
  • This job requires a regulatory license and/or registration (e.g. FINRA, state, SFC). These will be determined by Compliance based on role-specific duties.
  • FINRA Series 65 or 66, or ability to acquire within department guidelines is required.
Responsibilities
  • Serve as the "advisor to the advisor" through an expert knowledge of Vanguard Personalized Indexing methodology, and an exceptional ability to articulate the value of Direct Indexing/Personalized Indexing to clients.
  • In close partnership with Sales, co-manage and deepen relationship with VPI clients through Personalized Indexing portfolio analysis and construction, ongoing expansion of advisor use cases and adoption, and solutions for intricate end-investor needs.
  • Exhibit deep financial acumen; be an expert on direct indexing/personalized indexing and factor strategies.
  • Consult on the design of custom Vanguard Personalized Indexing strategies and portfolios.
  • Work closely with other client facing teams (e.g., Sales, Client Service, ESG analysts), and Portfolio Management to deliver an exceptional experience to clients throughout their Personalized Indexing journey with Vanguard.
  • Provide guidance, support, and coaching to other Vanguard Personalized Indexing crew interacting with large or complex clients. Assist in the strengthening of at-risk relationships.
  • Resolve complex client issues related to products, services, or processes. Drive improvements to meet evolving client needs and expectations.
  • Leverage industry experience to determine cross-functional solutions to complex client needs.
  • Participate in special projects and perform other duties as assigned.

Vanguard provides financial services with a focus on investment management. It offers a variety of products such as mutual funds, exchange-traded funds (ETFs), individual retirement accounts (IRAs), and 401k rollovers, catering to individual investors, financial advisors, and institutional clients. The company operates under a unique ownership structure where it is owned by its funds, which are in turn owned by the clients, ensuring that its primary goal is to serve investors rather than external shareholders. Vanguard is known for its low-cost investment options, charging management fees that are generally lower than industry averages, which reflects its commitment to cost efficiency. Additionally, Vanguard offers personalized investment advisory services, with fees based on the assets managed. The company aims to help clients grow their wealth and achieve their financial goals through effective investment strategies.

Company Stage

Private

Total Funding

N/A

Headquarters

Kline Township, Pennsylvania

Founded

1975

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Simplify's Take

What believers are saying

  • Vanguard plans to launch new active bond ETFs by the end of 2023.
  • The firm is expanding its personalized indexing services to meet growing demand.
  • Vanguard's focus on ESG funds aligns with the rise of sustainable investing.

What critics are saying

  • Increased competition from AI-driven platforms like Writer challenges Vanguard's advisory services.
  • Vanguard's expansion into active fixed income ETFs may increase exposure to market volatility.
  • Potential conflicts in investment strategies may arise with new advisory changes.

What makes Vanguard unique

  • Vanguard's client-owned structure aligns its interests with those of its investors.
  • The firm offers low-cost investment products, enhancing value for its clients.
  • Vanguard's broad range of products caters to individual, institutional, and global investors.

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Benefits

Best-in-class medical, dental & vision coverage

Onsite health clinic & fitness center

Health Smart Rewards program

Vanguard Retirement Savings Plan

Education Benefits

PTO

Family Planning Benefist

Parental leave

Personal development opportunities

Volunteer Time Off