Client Administration Associate

Our client is a boutique advisory firm that provides comprehensive wealth management services to ultra–high-net-worth families. They take a highly customized approach, blending investment strategy with estate, tax, and generational planning.

Responsibilities

Assist with regulatory filing preparation; Provide the fund administrator with monthly capital activity reports; Prepare wires for investor redemptions and review and verify all wire instructions used are correct; Review direct alternative subscription documents for client service group as needed; Record all investor transactions, investor transaction documents, and clarify any discrepancies; Distribution of all client communications including K1’s, fund capital calls/distribution notices, and subscription/redemption notices; Track all commitment fund closes for the firm and coordinate with the fund administrator on compliance matters

Requirements

Bachelor’s degree required; 1-3 years of related experience from a fund administrator; Knowledge of alternative fund structures; Experience recording capital activity for various alternative fund structures

Nice to have

Experience with UHNW clients and their portfolios a plus