Internal Wholesaler

Lazard is one of the world’s preeminent financial advisory and asset management firms. Our people and culture make the difference. While global in presence and reach, ours is a close, collaborative community of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure and embrace of individual differences, allow creative ideas, original concepts, and unique perspectives to drive our business forward — and for careers to take flight.

Many of the world’s leading investors — from individuals to institutions across the globe — have entrusted Lazard Asset Management. We pride ourselves in uncovering the best investment opportunities for our clients. The purpose of our asset management business is to help our clients invest for the future — whether it’s for retirement, to grow and preserve inter-generational wealth, or to benefit the organizations that make our world smarter, healthier and more sustainable.

The Internal Wholesaler is an integral part of the team and the sales distribution efforts of Lazard Asset Management within the Financial Institutions Group.  Together with the External Wholesalers, the Internal Wholesaler is responsible for creating business plans and a sales strategy for developing and maintaining existing relationships, as well as identifying and acquiring new business within their territory, in order to meet sales goals. 

The Internal Wholesaler must have an understanding of and passion for sales strategy/process and investments.  Additionally, they should have excellent verbal and written communications skills. They must also have excellent organizational and follow-up skills, and the ability to prioritize and execute on multiple tasks. Most critically, the Internal Wholesaler must demonstrate poise, professional presence, excellent presentation abilities, and have a high degree of enthusiasm for building relationships and helping others.

We’ll trust you to:

• Work as a partner with External Wholesalers to develop, maintain, and expand relationships to drive sales in your territories for separate accounts, mutual funds, closed end funds, and alternative investments.
• Develop new business within the territory by calling on Financial Advisors and providing sales/marketing information, completing requests for follow up information, and maintaining contact to provide timely updates on products and new ideas/offerings.
• Handle incoming phone calls as it relates to product information and account/operational issues and provide solutions in a timely manner and professional manner.
• Have a strategy for initiating outbound calls including scheduling calls, “thank you” calls, targeted campaign calls, and portfolio reviews.
• Engage in planning and business development using a consistent sales process to drive sales and strengthen relationships within territories.
• Establish key relationships with financial advisors with occasional travel to the territory to participate with the external wholesaler for dinners, seminars, and meetings.
• Proactively support team initiatives and complete special projects and other duties.
• Partner with other teams within the Financial Institutions Group to support our sales distribution efforts.
• Provide sales meeting preparation and follow-up for the external wholesalers.

You’ll need to have:

• 2-4 years of financial services industry experience.
• Strong knowledge of capital markets as well as mutual funds, separate accounts, closed end funds, ETFs, and alternative investments.
• Strong organization skills with the ability to manage multiple tasks.
• Excellent verbal, written, and presentation skills.
• Proven selling and relationship-building skills.
• Self-starter and self-motivated person who also excels working in a team environment.
• FINRA series 7 & 66 strongly preferred.
• Strong computer skills, including MS Word, PowerPoint, and Excel. Additionally experience with SalesForce and/or other CRM platforms is a benefit. 

Does this sound like you?

Apply! We’ll get in touch and let you know the next steps. To learn more about our products and services, please visit www.lazardassetmanagement.com. The section on “Financial Consultants/Advisors” is of particularly relevant for those interested in this position.

What we offer:

We expect the base salary range for this role to be approximately $85,000 – 105,000 USD. Various factors contribute to determining the actual base compensation offered, including but not limited to the applicant’s years of relevant experience, career tenure, qualifications, level of education attained, certifications or other professional licenses held, relevant skills for the role. Base salary is one component of Lazard Asset Management’s compensation package, which also includes comprehensive benefits and may include incentive compensation.

Representation at Lazard

Lazard is an intellectual capital business committed to delivering the best advice and solutions to clients. To achieve these objectives, we focus on attracting, developing and retaining the best talent. We believe that a workforce comprised of people who represent a wide array of backgrounds, experiences and perspectives creates a rich variety of thought that empowers us to challenge conventional wisdom, solve problems creatively and make better decisions.

Lazard was built on the premise that a multicultural firm can best serve a global clientele. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respecting and appreciating individual differences. Doing so has been core to our success for over 175 years. We are committed to sustaining an environment where every colleague is supported in their professional pursuits, can maximize their individual potential and contribute to our collective success.

#LAM

#LI-CR1