Portfolio Manager, Traditional Investments
Who We Are
At Freestone, we believe in making a meaningful difference by focusing on what truly matters to our clients. With a 27-year history of consistent growth and success, we are an independent wealth and asset management firm with over $15 billion in assets under management. Headquartered in Washington, with a team of over 120 professionals, we are dedicated to delivering a highly personalized experience that combines intelligent, thoughtful advice with unique investment strategies and comprehensive financial planning.
About the Role
Freestone is seeking a proactive and professional individual to serve as a Portfolio Manager as part of our Investment Team. The Portfolio Manager will be tasked with overseeing our equity and fixed income platform and will be involved in all aspects of portfolio management, from construction, performance, and research to client service and sales.
Due to the complex nature of clients’ investment objectives and related service needs, Portfolio Managers must be well-versed in a broad range of investment disciplines and strategies. This position requires a high level of attention to detail, sophistication, and flexibility in understanding and implementing diverse investment strategies.
Unlike many RIAs, Freestone has a robust investment team that makes all investment strategy decisions, while Client Advisory teams focus on working with clients and communicating our investment process. Success in this role will be directly related to the hire's ability to distill and communicate our unique investment process in the public markets while building relationships with our client advisors, operations, and legal/compliance teams.
Portfolio Management
- Stay abreast of market conditions and proactively recommend changes within our equity and fixed income strategies to our Investment Committee as necessary
- Communicate approved changes to our internal trading teams and client advisor teams with oversight for execution
- Provide capital market acumen to help formulate market views and ensure incorporation into portfolios on a timely basis
- Mentor junior investment team members
- Manage relationships with our third-party SMA providers
Research
- Partner closely with our CIO and Head of Investments in order to capture best ideas for our global equity platform
- Complete analytical reviews of managers, strategies, and asset classes
- Conduct onsite manager due diligence
- Analyze and recommend new candidate managers in equities and bonds
- Draft and publish public market research for internal and external audiences
Client Service and Sales
- Collaborate with our investment strategist, as well as compliance and marketing to produce quarterly commentary for client advisory teams
- Help us to tell our story with an eye toward generating new business
- Partner with our investment strategist to respond to ongoing questions from our client advisor teams regarding our equity and bond offerings
- Build the team’s reputation for professional excellence and credibility within Freestone and throughout the investment management community
Qualifications & Skills
- Bachelor’s degree and 7+ years of public market investment experience at an RIA, an asset manager, or as a sell-side analyst
- CFA, CAIA, or other similar credential a plus
- Strong client service orientation with a grasp of key issues impacting high net worth clients
- Sound investment judgment and risk management
- Strong knowledge of capital markets
- Strong analytical track record, both qualitative and quantitative
- Appetite for innovation and high tolerance for change, complexity, and unpredictability with a “roll up your sleeves” mentality
- Exceptional written and oral communication skills, including drafting and giving presentations
- Ability to identify and describe key risk exposures and portfolio characteristics
- Results- and performance-oriented, with comfort working in a collaborative team environment
- Highest level of commitment to ethics and professionalism
- Higher energy and conviction a plus
- Humble and kind
- Ability to travel periodically as needed
Why Join Us?
- Depending on your level of experience and credentials, competitive base salary starting at: $115,000 – $200,000; This role is also eligible for an annual discretionary performance bonus
- Comprehensive benefits, including medical, dental, vision, and prescription coverage, 401(k) matching, life and disability insurance, parental leave, and flex spending
- Generous paid time off—17 days of vacation, plus 10 paid holidays, Summer Fridays
- Meal perks, company events, team celebrations, and more
- A collaborative, fun, and supportive culture where you’re encouraged to innovate and grow
Our Core Values
- Commitment: Commitment underlines your integrity. You bring your best every day and have the courage to dedicate energy toward what truly matters.
- Collaboration: Collaboration fuels your innovation, creativity, and progress. Through teamwork and authentic communication, you conquer common goals while simultaneously strengthening the fabric of our culture.
- Continuous Improvement: You are a lifelong learner, you seek first to understand, are solution-oriented, and unequivocally open-minded.
Freestone is an equal opportunity employer. All candidates will be recruited and, if applicable, selected and employed without regard to sex, race, religion, marital status, veteran status, age, national origin, sexual orientation, gender identity, color, creed, ancestry, disability, genetic information or any other basis prohibited by law.
We are not accepting unsolicited resumes from agencies and/or search firms for this job posting.
For information about our privacy practices, including disclosures for California residents, please see our Privacy Notices.
As published by greenhouse
First Name, Last Name, Email, Phone, Resume/CV, Cover Letter
- LinkedIn Profile optional
- Why Freestone? Why are you looking to make a change now? written answer
- How did you hear about Freestone? choose any
- If you were referred to us, who may we thank? optional
- Have you ever applied for a job at Freestone before? choose one
- If so, for what job and when? optional
- If you are not currently residing in the area where the job is posted, please confirm you are in the process of relocating or are willing to relocate yourself. optional
- Please briefly indicate the reason for any job changes or professional transitions you've made to date. Also, please share information about any gaps of employment on your resume in excess of one month. written answer
- Have you ever been terminated or asked to resign from any job? choose one
- If yes, please explain the circumstances for each occasion. written answer · optional
- Describe an investment strategy you ran end to end: mandate, benchmark, construction, and actual results versus the benchmark. written answer
- What part of the investment process are you personally accountable for versus an investment committee or CIO? written answer
- Rank your portfolio management expertise in the following, strongest to weakest: equities, fixed income, alternatives, tax-aware strategies.
- What share of your time was investment work versus operations versus client communication?
- I have completed a Bachelor's degree and can provide supporting documentation as needed. choose one
- Please list any active professional licenses or credentials. (Ex. CFA, CFP, CAIA etc.) optional
- Have you ever been disciplined by a regulatory authority, or had a license suspended, denied or revoked? (if applicable) choose one
- Are you currently, or have you ever been, licensed or registered in the securities industry? (if applicable) choose one
- Do you have any current or pending disclosures on your U4/ U5? If yes, please describe details of the reason for the disclosure in the "Anything Else" section of the application. (if applicable) choose one
- Are you authorized to work lawfully in the United States for Freestone? choose one
- Will you now or in the future require Freestone to sponsor you for employment visa status (for example, H-1B visa status)? choose one
- Please share your compensation expectations. (salary, bonus and / or total compensation.)
- Please provide 1-2 professional references (recent supervisors, managers preferred). Please include contact information, relationship, and time worked together. (We will advise you before we contact them.) optional
- Anything else you'd like to share? optional