About Pennington Partners:

Founded in 2016, Pennington Partners is building the leading financial services holding company and solutions-oriented platform serving the world’s most successful entrepreneurs and their families.

Pennington is vibrant, smart, tireless, and iconoclastic. We are intellectually curious and strive to challenge ourselves every day. We are an ensemble of the best and brightest professionals with multi-disciplinary backgrounds. We like to challenge assumptions and welcome new ideas. Our people are collegial but self-reliant. We value independent judgment as much as intellect and look for people who tend to do the right thing first, can work with limited guidance, but who also know how to ask for help. While the firm is building increasing scale and institutional character, we value our entrepreneurial culture and flexibility.

About the role:

Working with some of the most successful families in the country brings with it a commitment to Client Service and Portfolio Management excellence, this position at Pennington is the face of Portfolio Management excellence and engagement with our Operating Partner Families in different markets around the United States.

 This role will serve as the Investment contact for each Operating Partner Family in Pennington’s Washington, D.C. Market (based in Bethesda, MD) and will take an active role in analyzing client portfolios, participating in defining the firm’s asset allocation models and strategy, as well as servicing Pennington’s Operating Partner Families. This role will be a direct report of Pennington’s Director of Operations, though they will eventually transition to the reporting line of the still to be hired Managing Director, Market Leader for Washington, D.C.

This individual will take great pride in bringing alternative ways to enhance the lives of our Operating Partner Families as well as their wealth and long-term success. They understand how clear, concise communication combined with reliable execution and follow through play an important part of our success as a firm. The ideal candidate will have 5-7 years of experience at a Private Wealth Management firm, RIA, Multi-Family Office or Investment Research Consultant.

What you’ll do:

• Leading the analysis of the client portfolios, and interfacing with clients to discuss updates;

• Researching alternative portfolio allocations and proposing methods to improve on our existing client reporting processes;

• Monitoring and managing existing investments to ensure compliance with the terms of the investments and with client investment policy statements;

• Participating in the Portfolio initiatives that evaluate and improve the asset allocation process of the firm’s investment committee, including conducting research into new alternatives strategies;

• Utilizing relationships with general partners and other investment professionals to monitor fund developments; designing reports to track markets investment and other activity; and assisting in developing agenda for investment conferences and other events; and,

• Performing related assignments or special projects as may be required.

What we’re looking for:

• Minimal of a BA/BS degree.  Graduate degree and/or CFA accreditation preferred, not required.

• Highly motivated and an ability to work in an entrepreneurial environment.

• 5-7 years of experience in finance, preferably at a private investment firm, investment advisory firm, or investment research consultant.

• Demonstrated skills interfacing with clients and a passion for improving their lives.

• Strong written and verbal communication skills, including ability to succinctly explain complex ideas.

• Ability to multi-task, thrive and adapt in a dynamic, fast-paced environment.

• Extraordinary organizational and project management skills.

What You’ll Get:

We offer competitive and comprehensive benefits to help you prioritize your wellness and your career development. Working with a company that leverages our Core Values: Developing One’s Greatest Potential, Thinking Big, Client Obsession, Tikkun Olam (Repair Our World).

• Salary - Competitive compensation (base salary + target bonus)

• Benefits - Robust benefits package with choice of PPO Health Insurance Plans covering medical, dental, vision, disability, and group term life insurance with 100% of employee’s personal premium paid by us. Optional HSA Plan, with $600 employer contribution. 401K Plan with employer match, commuter parking benefit, cell phone reimbursement.

• Health & Wellness – $100/month stipend to use on choice of fitness, meditation classes, meal kits, CSA and more. Oura Ring welcome gift and one year subscription to the Oura Ring app, and Pennington welcome swag! Worldwide emergency travel assistance coverage.

• Paid Time Off - 15 days PTO, unlimited sick leave, bereavement leave, 11 federal holidays and 3 floating holidays. Paid maternity and paternity leave for biological and adoptive parents, plus option to work from home after paid leaves ends to extend time with your growing family, and $4,000 childcare stipend to help you transition back to work.

How to apply:

Please send your resume to careers@penningtonptrs.com.

EQUAL EMPLOYMENT OPPORTUNITY

It is the policy of Pennington Partners to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law. It is Pennington Partner’s policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.