What are the responsibilities and job description for the Investment Consultant position at Mesirow?
The Company
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices across the country, Mesirow serves clients through capabilities spanning Private Capital & Currency, Capital Markets and Investment Banking, and Advisory Services.
The Mesirow Fiduciary Solutions division provides an array of investment services to institutional clients, including 401(k) retirement plans and health savings plans. Our team of Investment Consultants works closely with senior leadership and our institutional clients. With over $100 billion in assets under care, our team experienced a steady growth in clients and assets.
The Opportunity
The Mesirow Fiduciary Solutions division is seeking a highly motivated, detail-oriented Investment Consultant to join our team in our Chicago headquarters, reporting to the co-head of the Investment Consulting team. The ideal candidate thrives in a fast-paced, dynamic environment and is eager to develop a broad skill set. In this role, the Investment Consultant will conduct in-depth investment research and data analysis, collaborate with peers and senior leadership, and deliver exceptional service to our institutional clients. At the outset, the Investment Consultant will focus on building a strong foundation in our reporting and technology systems, as well as our due diligence process, through rigorous on‑the‑job learning. As proficiency develops and the Consultant demonstrates the ability to manage projects independently with minimal oversight, responsibilities will expand to include greater client‑facing engagement and opportunities for project leadership.
The Investment Consultant will possess the following responsibilities:
Client team:
- Serve on institutional client teams, creating and reviewing recurring client reports.
- Build long-term client relationships by demonstrating credibility through a thorough understanding of our workflows.
- Contribute to recurring client calls and quarterly investment review calls, covering investment strategies and the market environment.
- Lead the completion of ad-hoc requests from our sales team, interacting with prospective and existing institutional clients.
- Participate in additional client projects.
Investment due diligence:
- Develop a deep understanding of the team’s investment methodology.
- Conduct in-depth quantitative and qualitative investment research of mutual funds, collective investment trusts, and other investment types commonly used for retirement investing.
- Learn and independently use reporting and research tools.
- Stay current on market events and industry trends.
Other:
- Play a meaningful role in the quarterly reporting cycle by developing a thorough understanding of internal systems and processes.
- Collaborate with others on the Investment Consulting team and the Technology team to test new systems and enhancements.
- Manage ad-hoc projects and contribute to team initiatives.
Qualifications
- Bachelor’s or Master’s degree in finance, economics, mathematics, statistics, or a related field
- CFA designation or progress towards CFA designation preferred.
- 1 – 5 years’ experience in investment consulting, retirement planning, or a related investment field (internship counts). Compensation is variable and commensurate with education level and experience.
- Strong attention to detail, ability to meet deadlines, and proficiency in handling large data sets independently and accurately.
- Demonstrated passion, intellectual curiosity, and a collaborative, positive attitude.
- Ability to take direction and proactively follow through on tasks.
- Intermediate to advanced Excel skills required; familiarity with investment databases (e.g., Morningstar Direct) preferred but not required.
- Excellent organizational, time management, prioritization, research, and collaboration skills, with the ability to process information quickly.
- Series 7 and 66 Licenses required within one year of start date.
Ability to work onsite at our Chicago office, which adheres to a hybrid schedule.
In accordance with the Illinois Pay Transparency Law, the anticipated hiring base salary for the role will be between $70,000 and $120,000 per year. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, also provides the opportunity for a performance based bonus and the Mesirow benefit program.
EOE