The Money Management Institute

MMI Educational Workshop

admin — Sun, 31 Jan 2010 06:00:09 +0000

MANAGED INVESTMENT SOLUTIONS WORKSHOP
FEBRUARY 16, 2010
At OMGEO’S offices
195 Broadway
New York, NY

Announcement

Registration

Contact Arlen Oransky for more information aoransky@mminst.org

Spectrem Group Research Study Group

admin — Tue, 26 Jan 2010 02:30:02 +0000

MMI Members,

You are invited to take part in a Spectrem Group Research Study Group.

In light of all that has occurred in the financial services industry since the beginning of the economic crisis, and due to the ever-changing attitudes and behaviors of investors from all across the country, Spectrem Group is pleased to present its first annual Research Study Group.

The Yale Club of New York City
February 24, 2010

The economic climate has caused many firms to cut back on costs and tighten spending policies over the past 18 months, and a number of Spectrem’s clients have not been able to subscribe to the research studies that they had been used to utilizing in previous years. With this in mind, Spectrem has created a research study group that will bring together those in our business who would like to learn about the key findings and financial trends of the investors that represent Spectrem’s Wealth Segmentation Series.

This research study group will cover the Mass Affluent, Millionaire, and Ultra High Net Worth households; and will highlight the differences among each segment regarding such things as purchasing behaviors, risk tolerance, advisor usage, and perceptions of providers in the financial services arena. It will give those who have not had the opportunity to read Spectrem’s In-Depth research studies on these segments the chance to see some of the issues and challenges that these affluent households currently face. Click here to download the brochure that details the Study Group and how to become a member.

Not only will Spectrem be presenting key findings over the course of an afternoon, but this study group is also a great opportunity to network with peers in the industry. Additionally, Spectrem will be looking for feedback from MMI members to try and see what new topics and issues you would like to see addressed in the 2010 versions of these in-depth research studies. The deadline to sign up is Monday, January 25, 2010. To register online for the Research Study Group, click on the following link:

http://www.spectrem.com/ProductInfo.aspx?productid=ResearchStudyGroup

Please contact Randy Wostratzy (contact information below) if you have any questions about this event, and we hope you are able to join Spectrem in New York on February 24th.

Randy Wostratzky
Business Development Officer
The Spectrem Group
641 W. Lake Street Suite 402
Chicago, IL 60661
Phone: 312-454-3327
Cell: 630-508-1646
rwostratzky@spectrem.com

National Trust Tax Director

admin — Wed, 13 Jan 2010 22:47:00 +0000

Location of Job – Newark, DE or Chicago, IL or NY, NY
Job Description
Position Description
The National Trust Tax Director is responsible for directing a team of tax professionals in four US tax locations and Mumbai to deliver tax reporting and compliance services for more than 40,000 trust, estate and charitable foundation clients, as well as individuals and certain LLCs and partnerships used for investment purposes. The senior Trust Tax team members will assist Wealth Advisors and the integrated Wealth Management teams in ensuring strategies implemented to optimize client tax liabilities can be effectively managed and reported to achieve the client’s objective while meeting the requirements of the various regulating agencies. The National Trust Tax Director will:
Maintain an industry leading tax reporting and compliance team with significant U.S. and state planning/reporting expertise. The team must have the experience needed to ensure filing compliance for extremely complex trust structures and investment vehicles.
Ensure the team continually augments their foreign tax and cross border treaty experience to meet the tax reporting needs of ultra high net worth clients and the related trust structures.
Build and maintain close partnerships with key constituents including Wealth Advisors, Trust Officers, Closely Held Asset Management, Corporate Risk Management, and Corporate Tax. These relationships will be critical to ensuring tax reporting responsibilities arising from complex tax planning strategies delivered by these partners can be achieved.
Stay abreast of current industry developments and changes in federal and state laws, regulations, and rulings to ensure the Firm accurately files appropriate reports to maintain compliance.
Maintain appropriate fiduciary risk management and quality control processes (accuracy, timeliness, etc.) to ensure our tax reporting responsibilities are fulfilled in accordance with the applicable regulations.
Identify and implement process efficiencies that maintain our high professional standards while continuing to deliver services cost-effectively.
Job Requirements
Qualifications
• Graduate Degree or Advanced Credentials (CPA, CFA, JD, MBA).
• Ten to fifteen years of U.S. (federal and state) tax reporting experience, with high net worth client experience strongly preferred
• Foreign tax and cross border treaty experience is a significant plus.
• Comprehensive knowledge of the tax impact of various investment products to the reporting requirements.
• Employee management experience required.
• Ability to analyze complex situations and recommend appropriate solutions using available internal and external resources within strict time constraints

Position Location
New York, Chicago, or Delaware

If you are interested in this job, please contact Eric Ellison eric.ellison@jpmchase.com

Director of Portfolio Manager

admin — Wed, 13 Jan 2010 22:41:56 +0000

Location of Job – Columbus, Ohio
Job Description
Primary Responsibilities
JPMorgan Chase & Co. is a leading global financial services firm with assets of $1.6 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and private equity. Under the JPMorgan and Chase brands, the firm serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients.
If you’re interested in working in an environment where leadership, excellence, integrity and diversity are among our core principles, then explore the opportunities at JPMorgan Chase. Further information about careers at JPMorgan Chase can be found on our website: www.jpmorganchase.com.
JPMorgan’s Private Wealth Management (PWM) group provides advice, strategies, and solutions for all aspects of the financial, asset management, and wealth transfer needs of high net worth clients.
The Centralized Portfolio Management Group (CPMG) is the implementation engine for Private Wealth Management’s discretionary investment business, providing leverage for investment advisors and other front office partners as they pursue the Firm’s growth initiatives. CPMG is responsible for implementing the investment strategy and portfolio construction as dictated by the PWM Strategy team. CPMG rebalances and manages risk in accounts across our investment management and trust portfolios.
We are actively seeking a leadership candidate to help manage the Portfolio Management team.
Key roles and responsibilities include:
1. Managing team of PMs responsible for the implementation of portfolio construction based on Strategy team’s calls and investment vehicle selection
2. Maintain knowledge of the investment solutions utilized throughout PWM, including, mutual funds, exchange traded funds, structured notes, hedge funds, and separately managed accounts
3. Represent CPMG on the investment leadership team
4. Work closely with the product and platform team to drive new projects and initiatives
5. Set vision and strategy for future
6. Lead, manage, and set management initiatives
7. Focus on bringer greater efficiency in the group while managing and reducing potential risks.
Job Requirements
Bachelor’s degree, advanced degree preferred
8+ years work experience in financial services industry
Demonstrated passion and understanding of investment solutions
Private Wealth Management experience a plus
Management consulting experience a plus
Detail and process oriented
Ability to operate in a fast-moving and demanding environment
Enjoy working with people
Strong aptitude to identify and minimize investment/business risk

If you are interested in this job, please contact Eric Ellison eric.ellison@jpmchase.com

2010 Sales & Marketing Summit

admin — Wed, 13 Jan 2010 22:37:21 +0000

MMI 2010 Sales & Marketing Leadership Summit (by invitation, members only)

Summit Co-Chairs:
Jeffrey Cusack, Forward Management
Lidiette Ratiani, Director, Investing Consulting Solutions
Wells Fargo Advisors and the Board of Governors

Invite you to Attend and Participate in
MMI 2010 Sales & Marketing Leadership Summit
January 28-29, 2010
Hyatt Regency Coconut Point Resort & Spa
Bonita Springs, FL
Attendance is by invitation and available only to members of MMI.

MMI Fall Solutions Conference

admin — Wed, 13 Jan 2010 22:36:08 +0000

October 27 – 28, 2010
Marriott Marquis
New York, NY

MMI Legal & Regulatory Affairs

admin — Wed, 13 Jan 2010 22:34:03 +0000

June 2010 (Date TBD)
New York, NY

MMI TechOps Conference

admin — Wed, 13 Jan 2010 22:33:38 +0000

(Date TBD )
New York Area