Director of Private Wealth

Overview

Sponge is seeking an experienced Director of Private Wealth to oversee wealth management services and client investment activities. In this role, you’ll work closely with private clients to understand their financial needs, provide guidance on investment and portfolio management, and support long-term wealth planning. You’ll also monitor investment performance, assess financial risks, and maintain strong client relationships. Your impact: Helping clients make informed financial decisions through practical advice and well-coordinated wealth management services.

Responsibilities

• Oversee private wealth management activities, including client relationship management, financial planning, and investment portfolio oversight.
• Work directly with clients to understand their financial objectives, assess investment needs and risk tolerance, and develop appropriate wealth management strategies.
• Evaluate investment opportunities, review portfolio performance, and monitor market conditions to support informed investment decisions.
• Collaborate with tax advisors, legal professionals, estate planners, and banking partners to coordinate services that address clients' broader financial needs.
• Monitor client accounts and portfolio activities, maintain accurate documentation, and ensure compliance with applicable financial regulations and internal policies.

Requirements

• Bachelor's degree in Finance, Economics, Business Administration, or a related field, with relevant experience in private wealth management, investment advisory, or financial services.
• Strong knowledge of investment products, financial markets, portfolio management, asset allocation, and investment risk assessment.
• Proven ability to manage private client relationships, assess financial needs, and provide investment guidance aligned with clients' objectives.
• Working knowledge of securities regulations, FINRA rules, and compliance requirements applicable to investment and wealth management activities.
• Strong financial analysis, research, communication, and problem-solving skills, with the ability to collaborate effectively with internal teams and external financial, tax, and legal professionals.

Pay: $149,900.00 - $161,000.00 per year

Benefits

• 401(k)
• 401(k) matching
• Dental insurance
• Dependent care reimbursement
• Employee assistance program
• Employee discount
• Financial planning services
• Flexible schedule
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Matching gift program
• Paid time off
• Paid training
• Professional development assistance
• Referral program
• Retirement plan
• Tuition reimbursement
• Vision insurance

Work Location: Remote