What are the responsibilities and job description for the Senior Wealth Advisor position at Masterworks?
About Masterworks
Masterworks Advisers is a Registered Investment Adviser that advises clients on art-related investment products. We allow anyone to invest in SEC-qualified shares of multi-million dollar paintings by artists like Banksy, Basquiat, and Picasso. We have introduced over 1 million individuals to the $2.2 trillion art market.
Masterworks has been covered by The New York Times, CNBC, The Wall Street Journal, and the Financial Times, and was recognized as one of the Top 50 Startups in the US by LinkedIn. In 2021, we achieved unicorn status with a $110M Series A at a valuation exceeding $1 billion. We are based at 1 World Trade Center in New York City's Financial District.
Role Overview
As a Senior Wealth Advisor for Masterworks Advisers, you will be responsible for building trusted relationships with UHNW prospective clients who visit our art gallery in-person. You will meet around ~50 prospects per day in-person, at evening art events with multi-million dollar paintings by artists like Banksy and Basquiat, and educate them on the benefits of investing in art.
Key Responsibilities
- Attend evening gallery events at 4pm, 5pm, and 6pm M-F to meet UHNW clients that our marketing team has invited to the gallery
- Advise UHNW clients on how to begin investing in art based on active investment opportunities on the Masterworks platform
- After meeting clients at the gallery, follow-up with them via phone or in-person breakfasts or lunches, or at events
Required
- 5 years of experience in financial advising, private banking, or alternative investments, or similar relationship-driven roles.
- Proven track record of building new relationships and managing long-term relationships with UHNW and HNW clients
- Strong understanding of portfolio construction and alternative asset allocation
- Exceptional in-person interpersonal skills with the ability to establish trust and credibility with sophisticated investors
- Results-driven, competitive mentality with demonstrated ability to close business
- Comfort operating in high-touch, relationship-driven environments
- Based in NYC and willing to work 11am - 7pm M-F at our gallery on the Upper East Side
- Series 65 license from FINRA (or ability to obtain)
Preferred
- Experience with alternative investments (art, private equity, real assets, or hedge funds)
- Strong interest in contemporary art and cultural markets
- CFP, CFA, or similar credentials (not required)
Benefits include: Daily catered lunches · Free admission to art museums and galleries · Health, dental, and vision coverage with FSA options · Paid Parental Leave · PTO and 401k · Commuter Benefits · Happy hours, company outings, and more