Private Market Advisor, UHNW and Family Offices

About Allocate

Allocate is modernizing the private markets by empowering investors with sophisticated portfolio solutions, offering a streamlined and personalized approach to private market investing. As a high-growth startup, we are revolutionizing how private wealth participates in building high-fidelity, tailored portfolios. 

Role Overview

We are seeking a Private Market Advisor to grow and support ultra-high-net-worth (UHNW) individuals and family offices in building well-diversified, high-performing private market portfolios. This role combines deep private markets expertise with exceptional business development and relationship management skills, requiring technical acumen and the ability to connect with sophisticated investors. The ideal candidate will play a crucial role in servicing existing clients and expanding our client base through strategic relationship development.

Key Responsibilities

• Build and manage a robust client portfolio by both deepening relationships with existing clients and strategically developing new UHNW and family office relationships
• Partner with families and individuals to develop customized private market investment strategies aligned with their unique financial goals and long-term aspirations
• Lead comprehensive portfolio reviews and construct detailed investment proposals that demonstrate a deep understanding of portfolio construction, risk management, and private market dynamics
• Provide sophisticated insights on portfolio construction across venture capital, private equity, and private credit, ensuring diversification and risk-adjusted returns
• Drive client engagement through both proactive outreach and thoughtful response to client inquiries, maintaining high-touch relationships across all channels
• Stay well-versed in the nuances of private market funds and direct investments, ensuring clients have access to the most suitable opportunities
• Empower clients through education, helping them understand the complexities and opportunities within private markets via Allocate's platform
• Keep abreast of market trends and leverage insights to offer proactive, data-driven recommendations tailored to each client's evolving needs
• Cross-functionally collaborate with team members across the organization (Investment, Client Experience, Client Service, and Product teams, to name a few) and execute core go-to-market initiatives

Required Experience & Skills

• Deep expertise in private markets, including venture capital, growth equity, buyouts, and private credit, with the ability to analyze and articulate complex investment strategies
• Strong quantitative background with proven experience in portfolio modeling, risk analysis, and asset allocation across private market strategies
• Superior communication skills with the ability to build rapport and credibility across diverse audiences - from sophisticated institutional investors to first-time private market participants
• Track record of successfully managing and growing a book of UHNW clients or institutional relationships
• Demonstrated ability to synthesize complex market information into clear, actionable insights for clients
• Natural relationship builder who can establish trust and navigate complex family dynamics while maintaining the highest level of professionalism
• Client-focused mindset with exceptional interpersonal skills and proven ability to develop deep, lasting relationships
• Self-motivated individual with a track record of driving new business and identifying strategic opportunities
• The resilience to navigate ambiguity, adapt to evolving priorities and thrive in a growth-oriented environment
• High emotional intelligence (EQ) with the ability to connect with clients on a personal level, understanding their unique investment motivations and concerns

Why Join Allocate?

• Be part of a fast-growing company transforming how families and individuals access private market opportunities
• Work with cutting-edge technology that simplifies and enhances the private investing experience
• Collaborate with industry leaders and shape the future of private wealth investing
• Enjoy a dynamic, entrepreneurial environment where your contributions make a tangible impact
• Competitive compensation package including equity participation
• Comprehensive benefits including health, dental, vision, and 401(k)
• Professional development opportunities and a continuous learning environment

Our Values & Culture:

• Providing our clients with a world-class experience is our number one priority. We obsessively search for ways to improve the experience for our clients and partners. This requires extraordinary response times, proactivity, and ensuring that everything we do, from product strategy to offline communications, is a top-tier client experience.
• Challenge convention: Instead of detailing why an idea may not work, we constantly question things to determine how a viable idea may be implemented.
• Commitment to continuous improvement: We find ways to personally scale each day by pushing ourselves up the learning curve.
• Meritocracy, not politics: We place the utmost value on results and rewards through merit, not reward actions driven by political agendas or behavior.
• Civil Discourse is embraced: Open, intellectually curious conversations are required to make the best decisions. Respect is paramount in our dealings, but our mission is always to get the correct answer collectively.

Compensation, Benefits & Other Details:

• Location: SF Bay Area (must be able to work from our Menlo Park, CA office 3 days a week or as needed)
• Salary Range: $150,000-$200,000. 
  
  • Actual salary will be determined based on the candidate’s experience, location, skills, training, certifications and education, other relevant qualifications specific to the role, and internal equity and market data. Total compensation may include equity and discretionary performance-based bonuses based on individual, team, and company performance factors.
• Benefits: Medical, dental, vision, responsible time off (RTO), 401K
• Employment: Full-time
• This role will be subject to Allocate's Code of Ethics and related compliance obligations of Allocate.