Asset Management Attorney

A respected financial services institution seeks an Asset Management Attorney for its New York Legal Department. This role supports broker-dealer and investment adviser functions, including managed accounts, private and registered funds, and other investment offerings. The attorney will partner with legal, compliance, and asset management teams while advising on sophisticated matters. Flexible work, strong benefits, and training support growth, balance, and long-term career development.

Key Responsibilities:

As an Asset Management Attorney, you will support a sophisticated legal department advising a multifaceted asset management business. You will provide legal guidance on investment products; draft key agreements related to fund distribution and assist with fund formation matters. The role involves partnering with compliance teams to review marketing materials, maintain client agreements, and support Form ADV updates. You will also conduct legal research on regulations affecting wealth managers and asset managers while contributing to discrete legal projects as needed. Success in this position requires strong technical judgment, attention to detail, and the ability to communicate complex legal concepts clearly across the organization.

• Provide day-to-day legal advice with respect to products and services of asset management firm, which include separately managed account investment advisory programs, private and registered investment funds and other investment offerings.
• Draft, review and negotiate placement agent agreements and other distribution agreements, as well as non-disclosure agreements, in connection with distribution of third-party investment funds on the firm's investment platform; assist with fund formation and review for proprietary investment funds.
• Review, negotiate and update investment management agreements with third party managers for sponsored “wrap fee” investment advisory programs, as well as other ancillary agreements.
• Update and maintain advisory client agreements and other form agreements.
• Advise firm on the marketing and advertising matters under the SEC Marketing Rule and the applicable FINRA requirements for the dually registered broker-dealer and investment adviser, including preparing appropriate disclosures for marketing materials.
• Assist in the preparation of the Form ADV brochures and amendments thereto for several registered investment advisers; including partnering with firm’s Compliance and other stakeholders as needed.
• Perform legal research with respect to the regulatory requirements applicable to wealth and asset managers and work on discrete legal projects.

Key Requirements:

The ideal candidate will be an experienced Asset Management Attorney with a JD from an accredited law school and current New York State Bar membership in good standing. They will bring at least three years of substantive experience with the Investment Advisers Act of 1940, the Investment Company Act of 1940, securities regulations, FINRA requirements, fund formation, offerings, and distribution matters. Strong knowledge of wealth management products, including wrap fee advisory programs and private or registered investment funds, is essential. The role requires excellent judgment, attention to detail, critical-thinking skills, and the ability to interpret complex legal and business terms quickly. Strong written and verbal communication skills, computer literacy, and a collaborative mindset are also required to work effectively across departments.

• JD from an accredited law school and current New York State Bar membership in good standing.
• At least three years of experience with the Investment Advisers Act of 1940, Investment Company Act of 1940, securities regulations, FINRA requirements, fund formation, offerings, and distribution.
• Strong understanding of wealth management products, including wrap fee advisory programs and private or registered investment funds.
• Excellent judgment, attention to detail, critical-thinking skills, and the ability to interpret complex legal and business terms quickly.
• Strong written and verbal communication skills, computer literacy, and a collaborative approach to working across departments.

What sets this company apart:

This institution stands out for its strong reputation in financial services, built on decades of expertise across brokerage, investment banking, research, advisory solutions, and asset management. Employees benefit from a supportive and inclusive culture that prioritizes professional development, collaboration, and continuous learning. Flexible working arrangements, generous pension contributions, and long-term growth opportunities make this an attractive environment for attorneys seeking stability, balance, and career advancement.

What's next:

If interested in this position, please contact Robert Moseman at robert.moseman@robertwalters.com.