Portfolio Associate

Franklin Templeton Private Portfolio Group, LLC (“FTPPG”) is a wholly-owned subsidiary of Franklin Resources, Inc. FTPPG, together with its sub-advisers, provides investment advisory services in investment programs offered at Sponsor Firms. FTPPG’s sub-advisers include, but are not limited to, ClearBridge Investments, Franklin Advisers, Putnam Investment Management, Royce, and Western Asset.

According to Cerulli Associates, Franklin is ranked #2 for provider of model-delivered SMAs measured by retail AUM as of 1Q 2025. Model delivered assets were approximately $80 billion as of March 2025. FTPPG is contracted with over 175 sponsor firms, with total assets currently over $135 billion.

FTPPG is looking for a Portfolio Associate to join our complex, fast-paced, and team-oriented implementation team. This individual will be primarily responsible for delivering and verifying portfolio changes to the various sponsors (model delivery) and implementing such changes for our discretionary SMAs while being committed to providing clients and investment professionals with exceptional service and support.

An ideal candidate has extensive knowledge of the SMA industry, has worked with various SMA programs (Vestmark, Archer, Merrill Lynch, Morgan Stanley, to name a few), and has technical skills to run reports and format products for various uploads.

Key Responsibilities:

• Model delivery and verification of portfolio changes
• Trade implementation of separately managed accounts
• Liaise with various personnel from the specialist investment managers of the Franklin organization (e.g., portfolio management, operations, trading, client service) to transition and invest accounts in accordance with strategy and client guidelines.
• Raise and invest cash as needed following client directed flows
• Perform various daily and weekly checks of the account base, e.g., high cash, non-model holdings and respond to ad hoc requests from investment teams
• Respond to inquiries from Clients, FAs and PM teams
• Interact with outsourced SMA Service provider on a daily basis
• Other duties as assigned

Overall Requirements

• BA/BS in business or related field
• 3+ years’ experience in the financial industry
• Understanding of investment products and securities operations
• Understanding of model delivery and trade implementation functions in separately managed accounts
• Ability to analyze problems and provide resolutions
• Detail-oriented with the ability to work independently and multi-task in a fast-paced environment. Must also be a team player.
• Excellent communication and organizational skills
• Proficient in Microsoft Office
• Working knowledge of Archer a plus

Total Rewards

Our employees have access to a competitive and valuable set of Total Rewards. Our Total Rewards include:

• Health, wellness and risk benefits to protect employees and their families
• Retirement savings, stock purchase and other incentive programs to help employees plan for the future
• Holiday, paid-time-off and other employee programs that support work-life balance
• Support for pursuing certifications, external education and degree programs
• Learning, development and career advancement opportunities
• Ways to get involved in, and give back to, our communities, including paid time off for volunteering and charitable donation matching
• The salary range for this position is targeted for $95,000 to $125,000 plus discretionary bonus. Base pay offered may vary depending on job related knowledge, skills, and experience

FTPPG is an Equal Opportunity Employer. We are committed to equal employment opportunity for all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.