The Role

The Portfolio Manager is responsible for the daily oversight, trading, and operational management of client investment portfolios. This role combines portfolio execution, rebalancing, and cash management with client servicing support, ensuring portfolios remain aligned with client-specific investment policies, risk profiles, and financial objectives – implemented in an efficient and tax-aware manner.

Key Responsibilities

Portfolio Management & Trading

• Manage, monitor, and rebalance client portfolios to maintain target asset allocations and risk profiles
• Execute trades across client accounts with a focus on efficiency, accuracy, and cost-effectiveness
• Utilize portfolio management and rebalancing platforms (e.g., Eclipse, Orion) to oversee portfolio activity

Investment Strategy Implementation

• Implement portfolio changes based on internal research, model updates, and advisor direction
• Ensure portfolios remain aligned with client financial plans and investment objectives
• Identify opportunities for portfolio enhancement, including tax-loss harvesting and transitions to more efficient investment vehicles

Cash Flow & Liquidity Management

• Oversee all aspects of portfolio cash management, including contributions, withdrawals, and distributions
• Maintain appropriate cash thresholds across accounts and monitor positions to support investment activity and fee collection
• Coordinate and execute Required Minimum Distributions (RMDs) and other client cash flow needs

Portfolio Analysis & Operations

• Analyze portfolio data, perform account audits, and ensure accuracy of holdings and transactions
• Evaluate portfolios for optimization opportunities and contribute to ongoing process improvements
• Set up and maintain client accounts within portfolio and rebalancing systems; update allocation targets and ensure accurate data across platforms
• Partner with financial advisors and the investment team to support portfolio strategy execution

Qualifications

• Bachelor’s degree in Finance, Economics, or a related field
• Minimum of 3 years of experience in financial services, investment management, or portfolio operations
• Experience working with Registered Investment Advisors (RIAs) or independent advisors preferred
• Knowledge of equity and mutual fund trading and portfolio construction principles
• Proficiency with Orion and Eclipse required
• Familiarity with custodial platforms such as Charles Schwab or Fidelity preferred
• Strong proficiency in Microsoft Excel and Microsoft Office applications

Why Parkwoods

Parkwoods Wealth Partners is a national, St. Louis-based RIA focused on serving clients navigating the transition into and through retirement. Our clients are accomplished individuals and families who have worked hard to build wealth and want to deploy it thoughtfully – for their own security, for the people they love, and often for causes they care about.

This is a growing firm with a serious investment process. We manage tax-aware portfolios with genuine care for each client’s situation, thinking carefully about asset location, transitions, and long-term outcomes. The work here is substantive, and the person in this role will see all of it.

As a Portfolio Manager at Parkwoods, you won’t be executing trades in a vacuum. You’ll work directly with our advisors and investment team, develop a deep understanding of why portfolios are constructed the way they are, and have real exposure to the full client relationship. For the right person, this is an exceptional environment to grow into a senior portfolio management role.

If you are detail-oriented, intellectually curious, and want to do meaningful work at a firm that takes both its clients and its craft seriously, we’d love to hear from you.