GDS Wealth Management is an SEC registered, fee only fiduciary managing approximately $2.5 billion for individuals and families. Each client relationship is defined by a white glove experience, and that standard extends to the management of their assets. The firm’s investment philosophy centers on long only portfolios diversified across equities, fixed income and structured products, delivered through a centralized, model based approach. The Portfolio Manager supports the CIO in executing that philosophy, assigning each client to the appropriate model, directing the trading desk, and maintaining portfolios within targets through disciplined monitoring, rebalancing and tax management. The role also serves as the primary investment resource for Advisors, with direct access to leadership and meaningful influence over the firm’s research and investment decisions.
What You Will Do
- Manage discretionary portfolios in partnership with the CIO, documenting approved model exceptions
- Assign each client to the appropriate model based on objectives, risk profile and restrictions
- Own the firm’s risk-profiling platform, including risk scores and model mapping
- Direct the trading desk on trades, rebalancing and tax-loss harvesting
- Monitor drift and concentration and address issues early
- Present research and recommendations to the CIO and investment committee
- Provide Advisors with portfolio, performance and market insight they can share with clients
- Document investment decisions and their rationale
What You Will Have
- Credentials: CFA or CIMA, at least four years of portfolio management experience, and a bachelor’s degree in finance, economics, accounting or a related field
- Portfolio Construction: Strong equity analysis skills and the ability to build and maintain model-based portfolios across many households
- Fixed Income and Structured Products: Working knowledge of how these asset classes fit within an equity focused portfolio
- Risk Management: Ability to monitor drift, concentration and client risk profiles and address issues early
- Tax Aware Management: Working knowledge of tax loss harvesting, wash-sale rules and the tax impact of rebalancing
- Decision Making: Sound judgment in weighing competing information and reaching well supported conclusions
- Communication: Strong analytical and verbal communication skills, with the ability to explain investment decisions in plain terms
Top Candidates Will Have
- An RIA or wealth management background
- A track record with separately managed accounts and model-based implementation
- Hands-on use of portfolio management, trading and risk-profiling platforms
How We Work
GDS expects the Portfolio Manager to demonstrate our core values in the following ways:
- No drama: Shares differing views constructively in investment discussions and fully supports decisions once made.
- Kaizen: Reviews investment decisions objectively and continuously improves the process.
- Pursuit of excellence: Delivers research, documentation and client reporting to the highest professional standard.
- Grit: Maintains investment discipline through market volatility.
- Excuses or results: Takes ownership of portfolio outcomes and explains performance with candor and accountability.
What We Offer
- Competitive base pay with performance incentive bonuses
- Benefits: Health insurance and 401(k) with matching contributions
- Work Culture: A collaborative, high-performance environment where your expertise is valued and recognized
- Support for licensing and continuing education
