Job Details

Job Description

Are you looking for an opportunity to advance your career in wealth management and increase your investment knowledge? Coldstream Wealth Management is looking for a Portfolio Administrator to join our growing and collaborative team in NE Portland.

Arnerich Massena was founded in 1991 and specialized in providing portfolio management, investment advisory, and family office services for high‑net‑worth individuals, families, endowments, and foundations. The company was known for investing with vision, passion, and purpose, with a focus on both client service and community commitment. In July of 2024 Arnerich Massena merged with Coldstream.

In this position, you'll have the opportunity to work directly with the team's Portfolio Manager daily and participate in our firm‑wide Investment Strategy Group (ISG), which makes investment decisions for Coldstream as a whole. The team has a hybrid environment with members working in office Tuesday through Thursday and allowing work from home Monday and Friday.

Responsibilities

• Providing research and analysis to support the portfolio management team in their investment‑related decisions
• Participating in ongoing monitoring and reporting regarding private investments
• Assisting in ongoing due diligence for public markets managers
• Creating and maintaining documentation regarding wealth manager investment practices
• Answering team members' questions related to the rebalancer (Tamarac) and funds' custodian‑specific attributes (minimums, fees, restrictions, etc.)
• Monitoring cash and yield alternatives and communicating best thinking to team
• Executing model portfolio audits and projects
• Utilizing Salesforce CRM to communicate and execute requests
• Facilitating new client setup in Tamarac
• Supporting Wealth Managers and the portfolio management team on ad‑hoc projects

Experience and Skills

• A Bachelor's degree in Economics, Finance, or a related field
• 1‑2 years of experience as an analyst with an RIA, asset manager, or similar firm; knowledge of private investments is a plus
• High proficiency with Excel
• Strong organizational skills, detail orientation, and the ability to manage multiple priorities
• The ability to communicate effectively with a wide range of people in a professional manner, using proper grammar, tact, courtesy, and good judgment
• Experience with Bloomberg and/or Morningstar is preferred
• Experience with CRM software is a plus as is experience with Tamarac or a similar trading platform
• Intellectual curiosity and a passion for learning about investing and financial markets

Job Benefits

Base pay typically starts at $70k‑$80k plus an annual bonus and a generous benefits package. Licensed individuals are able to participate in our New Business Incentive program as well.

We've created a full benefits package that focuses on the growth, health, and wellness of our team members:

• Pay: Competitive base salary plus annual bonus
• Benefits: Fully paid premiums for medical/dental/vision, short‑term and long‑term disability, and life insurance
• 401(k): 100% company match up to 4% of your annual pay
• Stock: Opportunity to purchase equity and become an owner of the firm
• Paid Time Off: Starting at 16 days per year, then increasing with tenure plus 10 holidays and an extra paid day off each year for volunteer work
• Career development: 100% training/certification/licensing/dues reimbursement plus a formal mentoring program
• Parking: heavily subsidized parking or transit pass
• Wellness reimbursement
• Paid sabbaticals every 10 years and anniversary bonuses every 5 years

Company Overview

Coldstream is an employee‑owned, independently operated wealth management firm that's been earning the trust of affluent families and businesses since 1996. We offer a comprehensive, holistic approach to planning and focus on providing unparalleled advice and exceptional service.

The firm has offices in Portland, Mercer Island, Bellevue, Seattle, Kirkland, Boise, and Kenai, Alaska. For more on Coldstream, please visit www.coldstream.com.

Diversity and Inclusion

Coldstream is committed to inclusion and diversity. To us, diversity means employing team members of different races, genders, ages, physical abilities, national origins, religions, sexual orientations, ethnicities, political ideologies, educational and military backgrounds, and more. We welcome, support, and respect all team members, and we value the wide variety of experiences, opinions, and talents that they bring to the company. As we grow, we continue to cultivate an environment in which all team members' perspectives and contributions are treated with respect, and every individual feels confident that they belong and are empowered to be their best.