Description Job Title: Associate, Alternative Investments Department: Investments Reports To: Head of Alternative Investments & Manager Research Location: On-Site (Mon-Thurs) in Corporate Office – Chicago, IL; Indianapol…
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$100k–$125k/yr
Full-time
bachelor degree, postgraduate degree
Medical insurance, Dental insurance, Vision insurance, Health Savings Account (HSA), Employer-paid life insurance, Employer-paid disability insurance
Posted just now
~40 hrs/week
Responsibilities
Support the alternative investments platform through in-depth due diligence, portfolio consulting, and operational coordination across various private asset classes. The role involves writing investment committee memos, monitoring fund performance, and assisting with the onboarding of new partner firms.
Requirements
Requires 2-4+ years of experience in alternative investments or wealth management with strong analytical skills and proficiency in Excel and PowerPoint. A bachelor's degree is preferred, and candidates should be willing to pursue SIE, Series 7, or Series 63 certifications.
Full job description
Description
Job Title: Associate, Alternative Investments
Department: Investments
Reports To: Head of Alternative Investments & Manager Research
Location: On-Site (Mon-Thurs) in Corporate Office – Chicago, IL; Indianapolis, IN; Miami, FL; Omaha, NE; San Antonio, TX; New York City, NY
Experience: 2-4+ years of experience
Compensation: See details below.
Position Summary
Support the firm's alternative investments platform across investment diligence, portfolio consulting, operations, transitions, compliance, and legal coordination. The analyst will be trained directly by the senior leader to take ownership of the recurring workflow calendar. Asset classes include: Private equity, private credit, private real assets (real estate and infrastructure), and hedge funds. Structures include LP, BDC, REITs, Tender Offer Funds, Interval Funds, Exchange Funds, 1031 and QOZ Funds.
Key Responsibilities:
Investment Diligence
· Conduct in depth due diligence on prospective investment partnerships by evaluating investment strategy, analyzing operational strength.
· Analyze data rooms and SEC Filings (e.g.: 10-Q, 8-K, Annual Reports, Prospectus, etc)
· Write investment committee memos, summarizing key strengths and weaknesses of investment opportunities for the investment committee.
· Maintain pipeline report of ongoing GP relationships with managers by stage of due diligence in CRM.
· Participate and lead manager calls and onsite due diligence meetings.
· Monitor existing fund recommendations, writing ongoing due diligence reports.
Investment Consulting
· Stay current on sub-asset class dynamics, and recommend suitable, high conviction managers for Partner Firms based on investor goals and strategic asset allocation, as needed.
· Provide timely investment reporting, analytics, and strategic recommendations to senior leadership.
· Assist with private market primers and outlooks, and other topics of interest as necessary
· Respond to Partner firm ad hoc projects around research, asset allocation, manager discussions, and RFPs.
Collateral and Materials
· Assist in creating thought leadership for use with partner firm and clients
· Develop and update external manager high conviction list, Guide to Alternatives, and operating manual
· Record manager and asset class primers/videos for the education library, as needed
· Support creating Quarterly Performance Report of approved managers
Cross Functional
· Aid in compliance by establishing and monitoring risk limits, stress testing by tracking subscriptions
· Aid in responding to Partner firm questions on NIGO sub-doc remediation, transfers, reregistration, NAV corrections on custodians
Transitions and M&A reports:
· Support to onboarding and integration of new Partner Firms; tracking assets to platform, confirming fund names/share classes; verifying selling/servicing agreements for brokerage share classes.
· Attend weekly legal calls, aid in execution of legal agreements and maintain legal files
· Assist in adding manager tiles to proprietary white label investment platform
· Prepare DocuSign packets for authorized signatories
Requirements
Qualifications:
Required,
Bachelor’s degree preferred
2–4+ years of experience in alternative investments, wealth management, asset management, or investment research
Experience with private equity, private credit, hedge funds, real estate, REITs, BDCs, or other alternative investment structures
Strong analytical, organizational, and communication skills
Experience reviewing investment materials, subscription documents, and SEC filings
Strong Excel and PowerPoint skills
Ability to manage multiple priorities in a fast-paced environment
Willingness to pursue SIE / Series 7 / Series 63 if required
Ability to travel as needed
Preferred,
Experience within an RIA, institutional consulting, OCIO, private bank, or multifamily office environment
Direct manager due diligence or investment research experience
Familiarity with custodians such as Schwab, Fidelity, Pershing, or Goldman Sachs
Experience with alternative investment operations, onboarding, subscriptions, or capital calls
Progress toward or completion of CFA, CAIA, CFP, or MBA preferred
Benefits & Perks:
We believe in supporting our employees both personally and professionally by offering a comprehensive and competitive benefits package designed to promote well-being, financial security, career growth, and work-life balance.
Health & Wellness
Medical, dental, and vision insurance options
Health Savings Account (HSA) programs
Employer-paid life and disability insurance
Wellness initiatives and preventative care support
Financial Benefits
Competitive base compensation ($100,000-$125,000) plus a 10% performance-based annual bonus opportunity
401(k) retirement plan with company match
Employee referral bonus program
Time Off & Flexibility
Unlimited paid time off (PTO) package
Paid company holidays
Paid parental leave
Hybrid work schedule
Professional Development
Ongoing learning and development opportunities
Professional certification and continuing education support
Career growth and internal mobility opportunities
Access to mentorship and leadership development programs
Additional Perks
Company-sponsored events and employee engagement activities
Technology and equipment support for applicable roles
Sanctuary Wealth (sanctuarywealth.com) is the advanced platform for elite advisors with the entrepreneurial spirit to build, own and create lasting equity in their practices while delivering clients the tailored service they deserve. It is committed to providing partner firms with unequaled freedom, flexibility, control and choice through an ecosystem of partnered independence that offers a complete technology and operations infrastructure, support from a community of like-minded advisors, the resources of invaluable affiliated businesses and a robust solutions platform. Sanctuary Wealth expanded its affiliation options by acquiring tru Independence (tru) in 2024, offering partner firms multiple models to best serve their unique needs.
Currently, the Sanctuary Wealth network includes more than 120 partner firms in 30 states nationwide, with approximately $50 billion in assets on platform. Sanctuary Wealth consists of the wholly owned subsidiaries: Sanctuary Advisors LLC, SEC-registered investment advisers, Sanctuary Securities, Inc., a FINRA member broker-dealer, as well as Sanctuary Alternative Holdings, Sanctuary Asset Management, Sanctuary Insurance Solutions, Sanctuary Global, Sanctuary Global Family Office and tru.
Offices: 3815 River Crossing Pkwy, Suite 200, Indianapolis, Indiana 46240, US
Based on 3498 listings with disclosed salaries, most consulting jobs in Illinois pay between $76k–$190k per year. Individual offers vary with seniority, company size, and specialization.
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