Karen McClaine
Ft. Lauderdale,FL
Summary
Certified Financial Planner with over 12 years of experience across wealth management. Experienced with developing and implementing tailored investment strategies. Utilizes analytical skills to identify and capitalize on market opportunities. Strong understanding of risk management principles and asset diversification.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Associate Portfolio Manager
NORTHERN TRUST
10.2021 - Current
- Partnered with a PM to co-manage a book of client accounts totaling $1.1 billion AUM
- Conducted periodic portfolio reviews with clients
- Monitored and resolved any compliance/risk issues for accounts
- Performed investment research and ongoing due diligence for client portfolios
- Developed formal financial plans to assist with asset allocation recommendations
- Placed daily trades in client accounts using Charles River
- Drafted a monthly market/investment recap to send along with performance reports to clients
- Constructed custom portfolios tailored to client's desired specifications (ie
- Tax sensitive, asset location, asset concentration)
Financial Consultant
FIDELITY INVESTMENTS
05.2019 - 09.2021
- Managed a book of business of over $500 AUM
- Constructed financial plans for clients/prospects and made recommendations for appropriate investments
- Generated revenue through multiple product lines and investments
- Grew existing book AUM by prospecting new leads and obtaining client referrals
- Identified and tracked new opportunities by utilizing Salesforce
Portfolio Specialist
FIDELITY INVESTMENTS
04.2015 - 05.2021
- Managed a book of over 800 client households
- Performed annual portfolio reviews and advised clients of appropriate changes to asset allocation recommendations
- Monitored and resolved risk/compliance issues for portfolios
- Created a custom coding system within Salesforce to assist with proactive client contact, book management, and track opportunities
Financial Advisor
EDWARD JONES
05.2013 - 03.2015
- Aggressively prospected new clients and built a new book of business ($7 million AUM)
- Generated revenue through multiple product lines
- Constructed financial plans and recommended appropriate asset allocations to clients
Education
Bachelor of Arts - Geography/Economics, Business Administration
University of Florida
Gainesville, FL05.2012
Skills
- Microsoft Office
- Market research
- Performance analysis
- Morningstar
- Portfolio analysis
- FactSet
- Asset allocation
- Client relationship management
- Investment analysis
- Portfolio management
- Behavioral finance
- Salesforce
Certification
- Certified Financial Planner (CFP) - Certified Financial Planner Board of Standards, Inc.
- Series 66 License - North American Securities Administrators Association and FINRA.
- Series 7 License - Financial Industry Regulatory Authority (FINRA).
- Insurance Licenses, Life, Health, and Annuities - Florida Department of Insurance.
Timeline
Associate Portfolio Manager
NORTHERN TRUST
10.2021 - Current
Financial Consultant
FIDELITY INVESTMENTS
05.2019 - 09.2021
Portfolio Specialist
FIDELITY INVESTMENTS
04.2015 - 05.2021
Financial Advisor
EDWARD JONES
05.2013 - 03.2015
- Certified Financial Planner (CFP) - Certified Financial Planner Board of Standards, Inc.
- Series 66 License - North American Securities Administrators Association and FINRA.
- Series 7 License - Financial Industry Regulatory Authority (FINRA).
- Insurance Licenses, Life, Health, and Annuities - Florida Department of Insurance.
Bachelor of Arts - Geography/Economics, Business Administration
University of Florida
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