Addepar is an enterprise software company focused on providing transparency to complex financial portfolios for investors and advisors alike. Its core reporting product provides a holistic view of investment holdings for asset owners and wealth managers, in particular for alternatives and private assets where other systems struggle. Hundreds of single and multi-family offices, wealth advisors, large financial institutions, endowments, and foundations manage nearly $2 trillion of assets on the Addepar platform. Addepar has offices in Mountain View, New York City, Salt Lake City, and Chicago.

In early May, Addepar launched Marketplace, a new application offering clients access to a wide range of investment products through a digital order management and execution platform. These product areas include cash management, hedge funds and private equity, and secondary transactions in private securities and LP interests. More details can be found in our press release and accompanying coverage, and on our blog at Addepar.com. This is an exciting new business for Addepar with high growth potential that is still in early stages of development.

Access to private securities is an important differentiator and source of value for our client base. The Placements Associate, a newly created role, will be responsible for working with the Head of Placements to build a placements business as part of our overall Marketplace offering. The initial focus of this team will be on distributing later stage private securities that we originate from our proprietary network; over time we expect the team to also facilitate direct connections between our clients to allow them to invest or co-invest with each other.

To fill the role, we’re looking for a proven entrepreneur who thrives in fast-paced environments and enjoys the challenge of building a new venture within an existing high growth company. This is an exciting opportunity to join a new, highly visible team at the ground level. The ideal candidate is comfortable working hands-on, is ambitious, and results-oriented.

Responsibilities

• Partner with marketing, Marketplace client specialists, and other Addepar client coverage teams to showcase opportunities and drive demand. Support creation of collateral as necessary
• Drive transactions with clients to meet and exceed concrete targets for both activities (client outreach, meetings, etc) and results (client usage, transactions, and revenues)
• Support Head of Placements in managing outside broker relationships, including negotiating referral agreements and referring “reverse inquiries” from Acervus clients to the appropriate partner
• Work with Compliance and Operations to process and monitor transactions
• Document operational knowledge, issues, processes, and best practices

Qualifications and Experience

• Bachelor’s degree or equivalent

• 3-5+ years of applicable experience in capital markets/private placements or the secondary market for private securities. This can be from an investment bank/brokerage firm, fintech, and/or related institution
• High energy and enthusiasm; relentless drive for success
• Series 7 and 63

Competencies Needed for Success

• Entrepreneurial mindset with the ability to operate effectively in a fast-paced growth company. Ability to initiate and drive projects to completion with minimal guidance
• Excellent listening skills and the ability to ask probing questions, understand concerns, and overcome objections
• Crisp attention to detail and strong organizational skills
• Genuine passion for supporting team members and clients

Addepar is a wealth management platform that specializes in data aggregation, analytics and reporting for even the most complex investment portfolios. Founded in 2009 by Joe Lonsdale, who currently serves as an active Chairman of its Board of Directors and General Partner at 8VC, the company's platform aggregates portfolio, market and client data all in one place. It provides asset owners and advisors a clearer financial picture at every level, allowing them to make more informed and timely investment decisions. Addepar works with hundreds of leading financial advisors, family offices and large financial institutions that manage data for over $2 trillion of assets on the company's platform. In 2020, Addepar was named as a Forbes Fintech 50 company and honored as a member of the CB Insights Fintech 250. Addepar is headquartered in Silicon Valley and has offices in New York City and Salt Lake City. All brokerage services offered through Acervus Securities Inc., member FINRA / SIPC.

Addepar is proud to be an equal opportunity employer. We seek to bring together diverse ideas, experiences, skill sets, perspectives, backgrounds, and identities to drive innovative solutions. We commit to promoting a welcoming environment where inclusion and belonging are held as a shared responsibility.

In order to ensure the health and safety of all Addepeeps and our prospective candidates, we have instituted a virtual interview and onboarding experience.