Managing Director of Investments

RMG Associates is a national recruiting firm specializing in private family wealth management.  Our client is seeking a Managing Director of Investments (MDI) for their ultra-high-net-worth (UHNW) office in San Francisco, CA.  This division, within a prominent financial institution, exclusively services UHNW clients with net worth in excess of $25MM, with average client relationship over $100MM.  Our client will consider relocation benefits for exceptional candidates for this opportunity. 

The MDI will be part of a dynamic team and participate in the building of a state-of-the-industry platform that implements, monitors, and maintains investment portfolios for a select group of UHNW family clients.  The ability to work effectively within a team of investment professionals to develop and deliver solutions for UHNW clients is a must.  This group has had phenomenal success in growing their client base and this position is open due to growth.  The leadership, strategy, vision, and commitment from the institution makes this a rare career opportunity for a talented and qualified candidate to make an impact, and contribute to the continuing development of this division to national prominence and market leadership. 

The MDI must have experience with ultra-affluent clients or with institutions (preferably foundations or endowments) in an investment management or investment advisory capacity.  He or she should have a CFA or similar credentials.    This role is highly consultative in an open-architecture investment environment and knowledge in alternatives is greatly preferred.  Additional responsibilities will include establishing family investment policies and philosophies.    Therefore, it is crucial that the MDI has a background as a consultative investment advisor with an understanding of UHNW or institutional client relationships. 

The resources and capability of this group is exceptional and highly sophisticated; and they are building an impeccable national reputation for innovation and industry thought leadership.  The investment management group is part of a comprehensive, holistic, and customized UHNW model/platform, which includes: multigenerational planning, psychologists and educators, trust and tax expertise, governance, philanthropy, financial management, and technology and reporting.  The MDI will work closely with a team of investment advisors and must be able to work and thrive within a collaborative, collegial environment among highly educated peers who are top professionals in their fields.

Experience and Requirements:

• Senior/Managing Director candidates with 10+ years of experience in a consultative investment role delivering advice to ultra-affluent clients, business leaders and/or large institutional investors. 
• Bachelor’s degree required as well as an advanced degree or certification related to investment advisory (MBA, CFA, CAIA, etc.)
• Ability to thrive in a collaborative client-focused environment and to serve clients with confidence and unpretentiousness.
• Experience in managing relationships in a team environment with sophisticated and demanding individuals and/or fiduciaries with complex needs
• Demonstrated experience in developing and contributing to business development
• Experience in endowments and/or foundations highly desirable