Job Summary:
Our client, a leading Asset Management firm with a specialty in private wealth management including investment management, wealth planning, and highly personalized client service has an exciting opportunity available for an experienced Client Advisor.
The role is responsible for developing and maintaining client relationships through proactive client communication and the coordinated delivery of services to individuals, families, trusts, and foundations. The Client Advisor acts internally as a liaison between Senior Client Advisors and all other service areas of the organization, such as Tax and Financial Planning, Investments, Legacy Planning and Trust Administration, Alternative Asset Management, Philanthropic Advisory, Real Estate and Insurance Advisory.
Responsibilities :
Client Service
Communicate with clients and their advisors regularly. Provide timely and thorough response.
ttend client meetings, document issues discussed and coordinate follow up.
Oversee preparation of client meeting materials. Create custom reports proactively and as requested.
Document client information and communications in Salesforce.
ccount Administration
Oversee account opening, closing procedures, reviewing related documents, account transactions and
reporting.
Review and be comfortable with client wills, trusts and governing documents and their application to
client account administration. Establish necessary automated reminders and follow through.
Coordinate with internal fiduciary counsel as needed to ensure administration is in accordance with
governing documents
Prepare Annual Relationship Reviews and ensure that accounts comply with all regulatory requirements.
Investment Management
ssist the Senior Client Advisor in investment management activities including implementing investment
objectives, rebalancing accounts, executing trades, monitoring asset allocation and investment
performance, and overseeing investment transition.
Monitor daily internal reports and work with account team to resolve any issues, such as overdrafts.
Coordinate client requests for funds including regular disbursements.
Prepare asset allocation simulation modeling.
Trust Administration
Prepare initial and annual trust reviews and requests for all discretionary distributions from trusts and for
ll special investments in trust.
Make required distributions from trusts and foundations.
Coordinate annual unitrust payments and private foundation grant payments with tax department.
Process gifts to charity and family. Prepare and send Crummey letters as appropriate.
Coordinate with tax department or clients outside tax preparers on reporting gifts to, and use of GST
exemption on gift tax returns for irrevocable trusts.
Prepare reports to for irrevocable insurance trusts, make transfers as required and pay life insurance
premiums.
Other duties and responsibilities as assigned.
Qualifications:
Bachelors degree in a relevant field and ideally 4-7 years of related business experience.
Excellent writing and presentation skills.
Demonstrated leadership and teamwork qualities.
bility to organize, complete multiple tasks within deadlines and complete accuracy.
Series 7, Series 63 license desired. CTFA, CFP or CFA is a plus.
Ideally, proficient in Microsoft Office Suite - Excel, Outlook, PowerPoint, Word, and Salesforce.
Great company paid benefits, generous bonus and 401k contributions