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Counsel - Advisers Act Regulatory

MFS Investment Management
life insurance, flexible benefit account, 401(k)
United States, Massachusetts, Boston
Aug 12, 2025

At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters - to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.

THE ROLE

MFS Investment Management is seeking an Advisers Act attorney to join its Legal Department. The attorney's primary responsibilities will include providing advice to compliance and business units regarding federal securities laws and regulations (principally under the Investment Advisers Act of 1940), assisting in drafting and negotiating investment management agreements with institutional clients globally, assisting in providing legal support to the wrap-fee business, and preparing and maintaining the firm's Forms ADV.

WHAT YOU WILL DO

  • Advises on Advisers Act issues generally.

  • Negotiates investment management agreements with institutional clients globally and provides general legal support to the institutional business. Stays informed on state law issues regarding certain governmental clients.

  • Negotiates wrap-fee agreements (manager-traded, model-delivery, dual contract) and provides general legal support to the wrap-fee business.

  • Assists with the preparation of adviser filings, primarily Form ADV.

  • Reviews and interprets statutes, rules and policies which are relevant to the regulatory functions of MFS, its corporate subsidiaries, clients and fund complexes and works with internal clients to meet their business objectives within the regulatory environment.

  • Maintains awareness of best practices and evolving issues within the scope of the position, relates same to other departments within MFS, suggesting changes and modifications in practices and processes as necessary, and planning the implementation of same.

  • Assumes additional responsibilities as required.

WHAT WE ARE LOOKING FOR

  • Bachelor's Degree and Juris Doctorate Degree required.Must have at least 6-8 years of experience practicing law, preferably at a national law firm and/or comparable in-house position. Experience working in a global business preferred.

  • Significant experience with Advisers Act issues highly preferred.Working knowledge of investment management operations and advisory functions is preferred, as is significant knowledge of subject area within scope of position.

  • Should have excellent written and verbal communication, have strong problem-solving skills, have a client-service orientation, and be highly organized and detail-oriented.Must be able to draft and write effectively, and present research, analysis, and conclusions in a persuasive manner.

  • Proven ability to develop and foster strong interpersonal relationships and to collaborate with cross-functional teams throughout the organization.

  • Must be a member in good standing of a state bar, such as the Massachusetts Board of Bar Overseers and maintain good standing for all necessary license(s) and/or professional qualifications.

#LI-JN1

#LI-HYBRID

At MFS, we are dedicated to building a diverse, inclusive and authentic workplace. If you are excited about this role but your past experience doesn't align perfectly, we encourage you to apply - you might be just the right candidate for this role or others.

What we offer:
  • Generous time-off provided: including "Responsible time off" for many roles, paid company holidays when the US Stock Exchange is closed, plus paid volunteer time
  • Family Focus: Up to 20 weeks of paid leave for new parents, back-up care program, dependent care flexible spending account, adoption assistance, generous caregiver leave
  • Health and Welfare: Competitive medical, vision and dental plans, plus tax-free health savings accounts with company contributions
  • Wellness Programs: Robust wellness webinars, employee assistance program, gym reimbursement through our medical plans, fitness center discounts and more
  • Life & Disability Benefits: Company-paid basic life insurance and short-term disability
  • Financial Benefits: 401(k) savings plan, Defined Contribution plan- 15% of base salary invested into the Plan, competitive total compensation programs

MFS is a hybrid work environment (remote/onsite) unless otherwise stated in the job posting.

If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 617-954-5000 or email talent_acquisition@mfs.com for assistance.

MFS is an Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited. Please see the Know Your Rights: Workplace Discrimination is Illegal document, linked for your reference.

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