Assistant Vice President – Portfolio Management, Tax Overlay

LPL Financial

. Lead rollout and scaling of tax-optimized direct indexing and overlay frameworks, aligning with LPL’s enterprise growth targets.

Posted 4/23/2026full-timeSan Diego • Arizona, California, Massachusetts, North Carolina, Texas • 🇺🇸 United StatesLead💰 $131,400 - $219,000 per yearWebsite

Tech Stack

Tools & technologies

Cloud

About the role

Key responsibilities & impact

Lead rollout and scaling of tax-optimized direct indexing and overlay frameworks, aligning with LPL’s enterprise growth targets.
Design and implement automated tools and proprietary trading platforms to enhance scalability and performance of overlay and direct indexing strategies.
Develop and implement sophisticated tax-optimized multi asset UMA and direct indexing overlay trading capabilities that integrate multi-factor risk models with client-specific customizations, delivering scalable, tax-efficient, and highly personalized portfolio solutions.
Oversee and manage daily tax efficient portfolio management workflows — account and sleeve-level optimization, trade review and trade execution, and tax sensitive account transition processes leveraging industry leading cloud-based infrastructure, database tools, and machine learning.
Drive daily oversight using performance metrics suitable for complex, tax sensitive investment portfolios such as short-term/long-term net realized gains, tracking error at the account and sleeve level, and portfolio statistics to support advisor-facing teams that will mitigate escalations.
Build high-impact advisor materials, facilitate training sessions, and present the value of tax overlay solutions to internal and external stakeholders.

Requirements

What you’ll need

Bachelor’s Degree required.
Series 7 and 66 (or 63/65 equivalent) or obtain within 90 days of hire.
5+ years in investment-management program leadership, advisory platforms, or overlay-strategy implementations.
2 + years of quadratic and mixed-integer optimization and multi-factor risk modeling, with hands-on experience using industry-leading platforms such as Axioma, Northfield, MSCI Barra & QIS, n-factor Risk Models, Vestmark VAST, Envestnet/PMC or other advanced tax overlay technologies for scalable, tax-aware portfolio construction.

Benefits

Comp & perks

401K matching
health benefits
employee stock options
paid time off
volunteer time off

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

tax-optimized direct indexingoverlay frameworksautomated toolsproprietary trading platformsmulti asset UMAmulti-factor risk modelsportfolio management workflowsquadratic optimizationmixed-integer optimizationrisk modeling

Soft Skills

leadershiptraining facilitationpresentation skillsstakeholder engagement

Certifications

Bachelor’s DegreeSeries 7Series 66Series 63Series 65