wellMillbrae, CA
Portfolio Manager
$150,000 - $200,000
Apply (opens in a new tab)Portfolio Manager
Portfolio Manager
wellMillbrae, CA
7 days ago
$150,000 - $200,000
Portfolio Management and Investment AdviceMiscellaneous Financial Investment ActivitiesTrust, Fiduciary, and Custody Activities
Apply for this role (opens in a new tab)Role Summary:
The Well is conducting a search on behalf of our client - an established, fee-only boutique independent RIA based in San Francisco, CA. With approximately $500 million in AUM and a focused client base of roughly 100 high-net-worth and ultra-high-net-worth relationships, this firm has built a reputation for deep, long-standing client partnerships and rigorous investment discipline over a century of operation in various forms. This is a unique opportunity for a skilled, long-term-oriented investment professional to join a collaborative, high-integrity team at an exciting inflection point in the firm's growth. The successful candidate will serve a dual role as Portfolio Manager and Investment Counselor - contributing to the firm's investment process while building trusted, lasting relationships with clients. This is a full-time, on-site position in San Francisco.
Core Responsibilities:
Serve as a member of the firm's investment policy committee, contributing to investment strategy and security selection
Assist in the selection of 'Buy List' securities used to construct and manage client investment portfolios
Conduct fixed income and equity research and present buy/sell recommendations to the investment policy committee
Engage in both model and individual portfolio construction tailored to client objectives
Trade client portfolios and collaborate with fellow portfolio managers throughout the trading process
Monitor securities held in client portfolios to ensure ongoing alignment with portfolio objectives and firm investment strategy
Interact directly with high-net-worth and ultra-high-net-worth clients, providing personalized, comprehensive financial advice
Develop and maintain a thorough understanding of each client's goals, circumstances, and objectives
Support firm organizational functions in a collaborative, team-oriented environment
Build, cultivate, and grow new client and professional relationships as part of the firm's long-term business development efforts
Contribute to a culture of transparency, continuous improvement, and shared accountability
Participate in weekly operations meetings and ongoing team communication
Candidate Profile: *Must-Haves*
CFA charter holder
5 or more years of relevant experience in an RIA or investment management environment
Demonstrated ability to work directly with high-net-worth or ultra-high-net-worth clients in a trusted advisor capacity
Strong fixed income and equity research skills with hands-on portfolio construction and trading experience
Undergraduate degree plus CFA, CFP, or other relevant advanced credential
High integrity and genuine fiduciary orientation - clients come first
Entrepreneurial spirit with the initiative to take on increasing responsibility over time
Collaborative team player who thrives in a small-firm, roll-up-your-sleeves environment
A track record of long-term commitment to employers and teams
Willingness to work fully on-site in San Francisco, particularly during onboarding and early tenure
*Nice-to-Haves*
Series 65, IAR, or comparable licensing
CFP credential or active interest in obtaining one
Experience in private wealth management (strong institutional candidates with the interpersonal aptitude to develop client-facing skills will be considered)
Experience with business development and growing a client base
Openness to relocation to San Francisco - a relocation package is available for the right candidate
Compensation and Benefits
Base salary: $150,000 - $200,000+, commensurate with experience and qualifications
Performance bonus: minimum 10% of base tied to firm profitability, scaling to 20%+ for strong individual performance
Profit sharing plan: eligible after 12 months of employment, 100% immediately vested upon eligibility
Health insurance via TriNet - silver-level plan; employer covers approximately 70%, employee covers approximately 30%; family members included at the same split
Employer-paid disability insurance (100% employer paid)
Employer-paid life insurance (approximately $200,000 in coverage)
401(k) with employer match
PTO:
approximately 2 weeks for newer hires, scaling to 3+ weeks for experienced professionals, plus San Francisco-mandated sick leave
Relocation assistance available for qualified out-of-area candidates
Work Environment and Culture
This is a small, tightly knit team of six professionals who have built something special together - most team members have been with the firm for 20 or more years. The culture is flat, approachable, and collaborative, with an open-door leadership style and a genuine commitment to transparency. Weekly operations meetings keep everyone aligned, and team members are encouraged to speak up when they see something that isn’t working.
While there is clear leadership at the top, everyone rolls up their sleeves when needed. Specialization exists, but so does a strong team-first mentality - when there's a deadline or a challenge, the team works together to get it done. The firm is entering an exciting period of evolution, with new leadership and a forward-thinking approach to talent development. Long-term thinkers who want to grow with a firm - and be rewarded generously for doing so - will find a home here.
Also on the board Same function, level within a rung
Level
Senior
Salary
$150,000 - $200,000
Location
Millbrae, CA
Occupation
Investment Fund Managers
Industry
Portfolio Management and Investment Advice
Posted
7 days ago