Private Wealth Manager & Portfolio Manager

Job Description Summary:

Cardinal Point Wealth Management is seeking a career-oriented Private Wealth Manager & Portfolio Manager to join the team as we continue to grow. This is a full-time role located in Toronto for the ideal candidate, who has at least 5 years' experience managing a book of business, is a strong communicator, organized, and has strong process acumen. The ideal candidate is fully licensed in Canada, with US/cross-border licensing and experience. This is a great opportunity for a career-oriented wealth management professional to continue to build their career with our rapidly growing business.

This is a hybrid role located in Toronto, Ontario, Canada.

Job Description:

Primary Responsibilities

• Provide leadership and cooperation in developing a team serving a diverse group of high-net-worth clients. Apply expertise in investment management and international estate and trust planning while collaborating with Cardinal Point leadership and other expert advisors to address clients’ cross-border financial needs.
• Serve as a primary client liaison, team leader, and advocate. Ensure that financial, investment, and planning strategies are executed in accordance with firm standards and client-specific recommendations, and continually monitor progress toward clients’ goals throughout the relationship.
• Serve as a primary advisor and resource for clients on cross-border wealth management and family office matters, including investment management, tax planning, estate and trust planning, and financial planning. Integrate these disciplines into comprehensive financial strategies tailored to each client.
• Provide expertise as an international trust and estate practitioner for the service team and as a representative of Cardinal Point.
• Research complex individual, corporate, and trust and estate issues, and communicate actionable strategies and opportunities to support client needs for cross-border tax planning and plan implementation. Orchestrate financial planning and strategy implementation with the client and with internal and external professionals as needed.
• Identify, effectively communicate and document regulatory or legal issues and opportunities.
• Collaborate with internal and external professionals to ensure cross-border wealth management strategies are developed appropriately to meet the clients’ financial needs, are fully integrated into each client’s comprehensive financial plan, and comply with all relevant regulatory requirements.
• Coordinate and implement financial planning procedures which include annual or semiannual reviews for assigned clients and the clients’ financial plans. Coordinate with team professionals to provide peer reviews for financial planning reports.
• Coordination with Client Relationship Specialists and Onboarding Specialists on the onboarding of client accounts and in the administration of the clients' investment paperwork.
• Work with Cardinal Point investment professionals and team members to build a solid understanding of the Cardinal Point investment offering.
• Engage with clients to establish investment objectives, portfolio asset allocation guidelines, and investment policy statements for individual clients.
• Develop appropriate investment strategies for clients and provide on-going management and rebalancing of diversified portfolios.
• Conduct regular client review meetings and participate in broader wealth management discussions to communicate how the firm's investment strategies and investment outlook serving to meet clients’ objectives.
• Demonstrate a strong team orientation by actively collaborating with colleagues and contributing to a supportive, solutions-focused work environment to advance shared goals and ensure the highest standard of client service.
  

Qualifications

• Bachelors degree required
• CFP designation; US CFP is preferred
• CIM or CFA designation is preferred
• Exceptional interpersonal, process management, and attention to detail skills.
• Possesses strong analytical (IQ), emotional (EQ), and positive intelligence (PQ) to ensure well-rounded, effective decision-making and client service.

This is an exempt position. The annualized base pay range for this role is expected to be between $200,000 - $220,000 CAD base salary compensation range. Actual base pay may vary based on factors including, but not limited to, experience, subject matter expertise, geographic location where work will be performed, and the applicant’s skill set. The base pay is just one component of the total compensation package. Other rewards may include an annual cash bonus and a comprehensive benefits package, including but not limited to medical, dental, vision, life insurance, and 401(k). Please note that the job title is subject to change based on the selected candidate’s experience and education.

Cardinal Point, Focus Partners Canada is a Canadian-U.S. wealth management company created to service the sophisticated needs of high-net-worth families. Our financial advisors operate under the fiduciary standard and understand that your wealth, family, interests, and values are all interconnected. We are dedicated to providing investment management, financial, estate, and tax planning solutions to residents of Canada and the U.S., Canadians moving to the U.S., Americans moving to Canada, and Canadian and U.S. expats living abroad. Cardinal Point is part of Focus, a leading financial services firm comprised of wealth management, family office, and business management services. For more about Cardinal Point, visit: cardinalpointwealth.com or follow the company on LinkedIn.

Focus is a leading financial services firm comprised of integrated wealth management, family office, and business management services. Blending deep expertise and expansive resources with a boutique, client-first fiduciary philosophy, Focus helps individuals, families, and institutions navigate complex financial situations with highly personalized solutions tailored to their unique needs. To learn more about Focus, visit www.focusfinancialpartners.com or follow the company on LinkedIn.

EEO Statement: Focus is an equal opportunity employer and bases its employment decisions on the employee or candidate’s skillset, and without regard to an employee or candidate’s race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by local, state and/or federal law.

Focus complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact [email protected]

The following language is for US based roles only

For California Applicants: Information on your California privacy rights can be foundhere

For Indiana Applicants: It is unlawful for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

For Maryland Applicants: I UNDERSTAND THAT UNDER MARYLAND LAW, AN EMPLOYER MAY NOT REQUIRE OR DEMAND, AS A CONDITION OF EMPLOYMENT, PROSPECTIVE EMPLOYMENT OR CONTINUED EMPLOYMENT, THAT ANY INDIVIDUAL SUBMIT TO OR TAKE A POLYGRAP OR SIMILAR TEST. AN EMPLOYER WHO VIOLATES THIS LAW IS GUILTY OF A MISDEMEANOR AND SUBJECT TO A FINE NOT EXCEEDING $100.

For Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this shall be subject to criminal penalties and civil liability.

For Montana Applicants: If hired, the employment relationship is governed by the Wrongful Discharge from Employment Act. Mont. Code Ann. Section 39-2-901.

For Rhode Island Applicants: Focus is subject to Chapters 29-38 of Title 28 of the General Laws of Rhode Island and is therefore covered by the state’s workers’ compensation law. If you willfully provide false information about your ability to perform the essential functions of the job, with or without reasonable accommodations, you may be barred from filing a claim under the provisions of the Workers’ Compensation Act of the State of Rhode Island if the false information is directly related to the personal injury that is the basis for the new claim for compensation. The Company complies fully with the Americans with Disabilities Act.