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Assistant General Counsel -Registered Investment Advisor
senior · Other
Help shape how wealth management advice is delivered at scale. In this role, you’ll provide strategic legal counsel across broker-dealer, bank fiduciary, and registered investment adviser frameworks, partnering with business and control functions to bring advisory strategies to market responsibly. You’ll influence product design, disclosures, and distribution across retail and institutional channels. Join a collaborative team where your judgment directly enables growth, innovation, and strong client outcomes.
As a Legal Counsel for Wealth Management Investment Solutions (VP) in Asset & Wealth Management, you will provide strategic and day-to-day legal counsel on matters impacting discretionary and non-discretionary advisory strategies for various programs distributed in the U.S. and internationally. You will partner closely with business leadership, Compliance, Risk, and other control functions to support product development, program governance, regulatory disclosures, and documentation across bank, broker-dealer, and RIA platforms.
Job Responsibilities
- Advise on the creation, maintenance, and distribution of discretionary and non-discretionary advisory account programs, including Unified Managed Account (UMA) structures.
- Counsel on FINRA rules and Investment Advisers Act of 1940 requirements, including fiduciary duty, conflicts management, disclosures, marketing, and program documentation for retail advisory clients.
- Support the design and ongoing governance of advisory solutions across bank, broker-dealer, and registered investment adviser platforms.
- Participate on special projects, including migration of Bank managed accounts to an RIA model with Bank custody retained.
- Partner on initiatives to launch new non-discretionary advisory strategies and related program enhancements.
- Enable international strategy distribution by advising on incorporating advisory strategies for non-U.S. clients into existing RIAs.
- Support new product development by identifying legal/regulatory requirements early and proposing practical solutions.
- Negotiate and draft agreements, including tailored investment management agreements and third-party manager agreements.
- Prepare and maintain regulatory disclosures and documentation, including Form ADV brochures and related materials for relevant entities.
- Collaborate with other Legal colleagues and control partners to identify, escalate, and resolve issues impacting the Investment Solutions business.
- Build strong relationships with senior leaders and stakeholders across Asset & Wealth Management to drive timely, commercially thoughtful outcomes.
Required Qualifications, Capabilities, and Skills
- 4+ years of investment management legal and regulatory experience (law firm, investment manager serving retail clients, and/or regulator/government agency).
- In-depth knowledge of the Investment Advisers Act of 1940 and related SEC rules applicable to advisory programs.
- In-depth knowledge of FINRA rules, including sales practices, suitability, and Regulation Best Interest (Reg BI).
- Demonstrated ability to advise on conflicts, fiduciary considerations, disclosures, and marketing practices for retail advisory offerings.
- Experience supporting discretionary and/or non-discretionary advisory strategies and managed account program structures.
- Strong drafting skills across client-facing and platform documentation, disclosures, and negotiated agreements.
- Proven judgment in balancing regulatory requirements with business objectives in a fast-paced environment.
- Excellent analytical and problem-solving skills, with an ability to identify key issues and provide actionable guidance.
- Strong organizational skills and ability to manage multiple matters and stakeholder expectations simultaneously.
- Collaborative mindset and ability to partner effectively with Compliance, Risk, and other control functions.
- Bar admission required; attorney must be licensed and in good standing in the state/jurisdiction of the role (or compliant with applicable in-house counsel registration rules).
Preferred Qualifications, Capabilities, and Skills
- Part 9 bank fiduciary experience (or comparable bank fiduciary advisory experience).
- Experience advising across bank, broker-dealer, and RIA operating models in an integrated wealth management environment.
- Familiarity with UMA structures and multi-manager/third-party manager program arrangements.
- Experience supporting custody and account administration considerations where custody remains with a bank while advice is delivered through an RIA.
- Exposure to cross-border/international advisory distribution considerations (non-U.S. clients and strategies).
- Track record of supporting new product launches and complex change initiatives (migrations, model changes, platform integrations).
- Comfort working with AI capabilities and solutions, with curiosity and willingness to learn and apply new tools in legal workflows.