Director Portfolio Management

Director, Portfolio Management Chicago, IL or RemoteA fast-growing, fee-only RIA is adding a new fundamental equity strategy to its platform and is hiring a Director of Portfolio Management to lead it. Roughly $500M in assets is coming over to seed the strategy, with a clear runway to scale across the firm's $3B+ legacy client base.This is a real stock-picker's seat. The work is long-term and value-oriented: quality businesses at reasonable prices, disciplined risk management, customized client outcomes. If you've spent your career building individual stock portfolios and want to do it at scale inside a growing wealth platform, this is the seat.What you'll ownPortfolio Management & ConstructionBuild and manage customized equity portfolios aligned to client objectivesDevelop strategic asset allocation frameworks tailored to HNW client needsMaintain a long-term investment philosophy emphasizing quality businesses and valuation disciplineEvaluate buy, sell, and hold decisions based on fundamental analysisIncorporate risk management strategies, including hedging and options where appropriateLead portfolio positioning through market cycles, including down markets and recoveriesInvestment Research & Idea GenerationConduct in-depth fundamental research on individual securitiesMonitor earnings calls, company filings, and market-moving newsEvaluate new information and adjust investment theses as neededDevelop and present investment recommendations and model portfoliosMaintain a high-conviction US Large Cap Equity buy listPerformance & Risk OversightTrack and evaluate portfolio performance relative to benchmarksManage downside risk in volatile marketsLead portfolio rebalancing strategies in response to market conditionsEnsure alignment with client risk tolerances and investment objectivesClient EngagementServe as a client-facing investment expertCommunicate portfolio positioning, market insights, and investment decisions clearlySupport retention and growth of HNW client relationshipsMaintain responsiveness consistent with a high-touch service modelStrategic ContributionIntroduce differentiated investment capabilities, including hedging and active management approachesSupport legacy client portfolio strategies requiring customizationPartner with senior leadership to evolve investment processes and scalabilityWhat you bringCFA designation (required, no exceptions)7+ years in portfolio management and fundamental equity investingDemonstrated experience building and managing individual stock portfoliosProven track record of performance across multiple market cyclesStrong analytical, modeling, and communication skillsExperience across multiple firms or investment environments preferredRole detailsLocation: Chicago (Hybrid schedule) Open to remote candidates as well