Associate Regional Consultant, Model Portfolios – US Wealth, AVP

Job Description

Associate Regional Consultant, Model Portfolios – US Wealth, AVP | State Street

The Tone:
This is a full-time role at State Street, located in Boston, Massachusetts, with approximately 30-35% travel. State Street Investment Management helps institutional investors manage risk, respond to challenges, and drive performance. This role is crucial for building and deepening relationships with financial advisors across the Broker Dealer channel, driving engagement and adoption of our model portfolio offerings. You will serve as a trusted resource, understanding advisor needs and effectively positioning investment capabilities.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: Hybrid – Boston, Massachusetts, USA
• Pay: $80000–$140000 yearly
• Team: U.S. Wealth team, working alongside model distribution professionals.
• Mission: Develop and manage a select group of financial advisor relationships, focusing on driving engagement and adoption of model portfolio offerings.

What You’ll Actually Do
• Cultivate Relationships: Own and grow a defined subset of financial advisor relationships within the Broker Dealer channel, utilizing digital engagement and focused territory travel.
• Deliver Insights: Identify client needs across various business practices and consistently provide relevant market insights, product information, investment ideas, and sales support.
• Educate Clients: Act as an expert on SSIM solutions, with a primary focus on Model Portfolios and a secondary focus on SPDR ETFs, articulating product positioning, holdings, and differentiation.
• Drive Growth: Drive net new assets and net new revenue by cultivating new relationships and deepening engagement with existing partners, with a primary focus on SSIM Model Portfolios.
• Coordinate Travel: Lead and coordinate regional travel with key TAMP and advisory platform partners, as well as internal and external SSIM distribution partners.

The Must-Haves
• Background: Bachelor’s degree required for a sales distribution role focused on model portfolio offerings within the Broker Dealer channel.
• Experience: 3-5 years of investment experience preferred, ideally within the Broker Dealer channel.
• Skills: Series 7 and 63 licensed required by start date; strong investment acumen and product knowledge of model portfolios, ETFs, mutual funds, separate accounts, and related products; excellent communication, presentation, and relationship-building skills; proven ability to work independently and collaboratively.
• Bonus: CFA or CIMA preferred.