Wealth Management Advisor Job Description

Wealth Management Advisor Job Description

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Wealth management advisor provides clients with information and advice on purchase or sale of securities, financial services, investment plans and insurance products.

Wealth Management Advisor Duties & Responsibilities

To write an effective wealth management advisor job description, begin by listing detailed duties, responsibilities and expectations. We have included wealth management advisor job description templates that you can modify and use.

Sample responsibilities for this position include:

Teams with the appropriate specialists to provide an integrated delivery of a broad range of wealth products and services including
Engage with clients in the discovery process to identify and analyze client needs using financial planning principles and strategies
Maintain/Develop in-depth expertise and global knowledge of wealth management services including financial planning, and investment management concepts
Assist in developing Financial Plans for clients utilizing our eMoney financial planning tool
Develop competency with our eMoney financial planning software to assist in the development of financial plans
ODevelops and prospects internal and external centers of influence to build and cultivate pipeline of new client opportunities
OEffectively utilizes Life360 Discovery process to profile clients and issues spot client needs that result in AUM, Brokerage, Loans, Deposits, Insurance, Estate Planning, and Wealth Planning
OActs as the Core Team Member for One Bank to identify opportunities with new and existing bank customers
ODemonstrates proficiency in the utilization of consultative and advice driven sales
ODevelops and strategically executes personal business plan to achieve defined revenue and business objectives

Wealth Management Advisor Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Wealth Management Advisor

List any licenses or certifications required by the position: PLANNER, FINANCIAL, CERTIFIED, CFP, CPWA, CFA

Education for Wealth Management Advisor

Typically a job would require a certain level of education.

Employers hiring for the wealth management advisor job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Primary Degree in Business, Management, Finance, Economics, Accounting, Business/Administration, Communication, Computer, Financial Planning, Religion

Skills for Wealth Management Advisor

Desired skills for wealth management advisor include:

Financial planning
Asset allocation
Education funding
Retirement planning
Investment and insurance products and services
Securities industry
Private banking products and services
Products and services
Retirement and investment products and understanding of financial markets
Securities industry and markets

Desired experience for wealth management advisor includes:

OInstitutes habits that ensure coordination of team in the consistent delivery of Private Bank experience standards
OUtilizes the Life360 process when working with team members to deliver advice based solutions
OCollaborates with a customized team of specialists to deliver high-quality client service
OIdentifies and refers opportunities providing for the utilization of advanced planning solutions
OCoordinates and collaborates with client third party advisors (e.g., attorney, accountant) to ensure synergy of advisors' recommendations, consistent to client goals
OPartners and leverages internal and external service providers to optimize effectiveness and efficiency

Wealth Management Advisor Examples

1

Wealth Management Advisor Job Description

Job Description Example
Our company is searching for experienced candidates for the position of wealth management advisor. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for wealth management advisor
  • Responsible for developing client financial plans utilizing our eMoney financial planning software
  • Assist in development of comprehensive financial plans for clients to identify problem areas, make recommendations and select appropriate investments compatible with the client's goals, risk tolerance, time horizon and expected rate of return
  • Prepare presentations and other marketing materials for Wealth Advisors
  • Coordinate with trust companies and Company Secretaries on company secretarial work issuance of share certificates, update of minute books and registers of directors and members of offshore companies
  • Assist Wealth Advisors, Bankers or clients with enquiries relating to existing trust or company structures, for example by confirming details of settler, protectors, beneficiaries, what companies are involved etc, checking on general history of a structure
  • Responsible for preparing and following up on documentation for setting up trust and investment holding company structures
  • Responsible for coordinating with fiduciary clients, our trust companies and client’s external legal advisors or accountants, and to carry out the implementation of restructuring projects (for example, changing trustees, liquidation of companies, change of beneficiaries, trust deed amendment
  • To coordinate and be focal point of contact for liaising with trust companies and insurance brokers on insurance documentation
  • Assist in product research and tax and trust law updates and review market trends
  • To help follow up with clients and internal colleagues for Wealth Advisors
Qualifications for wealth management advisor
  • Existing Series 7, 66 (or 63 and 65) and appropriate state life insurance licenses are highly preferred
  • Required license(s) or certification(s) ACTIVE FINRA Series 7, 63, 65 or series 66 and state insurance license(s)
  • Five + years of sales experience as a fee based producer in securities/financial industry or management of equivalent book of business
  • Good knowledge of mass market segment investment needs
  • Required license(s) or certification(s) FINRA Series 7, 63, 65 or series 66 and state insurance license(s)
  • How trust can be used for legacy planning
2

Wealth Management Advisor Job Description

Job Description Example
Our company is looking to fill the role of wealth management advisor. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for wealth management advisor
  • Develops new relationships through calling on targeted potential clients
  • Serve as the lead wealth management advisor for a team helping affluent families identify and prioritize their goals & dreams
  • Coordinate & work on multiple, concurrent client projects & complete assignments with minimum supervision
  • Actively lead and participate in business development activities to identify, pursue & acquire new clients
  • Must be able to develop / maintain cumulative IAS book of business of $ 9 - $ 20 mm over period of years
  • Responsible to grow IAS book of business to meet and exceed annual goal levels
  • Actively participate in client, prospect and COI meetings in the local market
  • Provide investment analysis as needed or directed
  • Initiate and participate in networking opportunities (both internal and external)
  • Maintain client records and communication logs in accordance with firm policy, including appropriate use of CRM system, virtual filing system and hard copy filing
Qualifications for wealth management advisor
  • Stock option planning
  • Gift Planning
  • Experience with Advisory Platforms
  • Candidates without existing licensing may be eligible for sponsorship per licensing guidelines
  • FINRA Series 7, 63, 65 or 66 licenses, and applicable state insurance license
  • Ability to effectively present investment strategies to clients and maintain a holistic approach to planning
3

Wealth Management Advisor Job Description

Job Description Example
Our company is searching for experienced candidates for the position of wealth management advisor. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for wealth management advisor
  • Facilitate best practices and assists in monitoring and satisfying compliance requirements
  • Responsible for the deposit and investment growth of the markets within their assigned region
  • Partners with the business to define the deposit and investment growth opportunity for new and existing clients at the market levels
  • Assesses clients' financial situation and provides solutions by gathering information regarding past financial decisions, current financial investments, and future financial goals
  • Monitors clients' financial situation by tracking changes in wealth and life circumstances, analyzing financial plan results, identifying and evaluating new financial strategies, recommending changes in goals and plans
  • Commits to ongoing growth of skill sets and job competencies by constantly engaging in industry related news, products, and compliances and regulation
  • Accomplishes organizational goals by building and solidifying client relationship and adding East West’s unique value proposition to solutions and services tailored to each client’s individual needs
  • The Associate Advisor will become familiar with various aspects of the wealth management practice including operations, investment management, case development, the client service model and new business acquisition
  • Serve on the client service team to assist in managing client relationships
  • Will be involved in client and prospect meetings networking opportunities
Qualifications for wealth management advisor
  • Extensive face-to-face client experience, particularly plan committee meetings, strongly preferred
  • Industry designations such as CRPS, QPFC, C(k)P, QPA, QKA, , and familiarity with RPAG systems and tools a plus
  • The candidate must have at least five years of trust and / or investment management sales experience and a strong background working specifically with HNW individuals and their advisors * Bachelor’s Degree required and MBA, CFP or CFA preferred * Excellent interpersonal and presentation skills required
  • Bachelor’s Degree in Finance, Business Administration or related field - Preferred
  • Required License(s) or Certifications Series 7, 65/66 & Insurance licenses - Required
  • Knowledge of securities and financial industry
4

Wealth Management Advisor Job Description

Job Description Example
Our company is hiring for a wealth management advisor. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for wealth management advisor
  • Responsible for preparing investment (portfolio) analysis and financial related projects as needed
  • Develop competency in our CRM and manage work flows and related documentation requirements
  • Responsible for investment (portfolio) analysis as needed or directed
  • Will be involved in networking opportunities and COI lunches or meetings with Wealth Advisors
  • Establishes new client relationships in addition to providing advisory services and support to their existing, assigned client relationships
  • Serves as a focused partner, working closely with internal partners to identify relationship growth & asset retention opportunities
  • Conducts the initial client interview process in the absence of the client's Wealth Advisor
  • Proactively communicates with clients and follows up on advice delivery
  • Partners with Wealth Advisors, as a relationship management point of contact, delivering administrative support to key clients
  • Conducts Annual Relationship Reviews for clients
Qualifications for wealth management advisor
  • Demonstrated proficiency in MS office software (Word, Excel, and PowerPoint) and ability to navigate easily through Internet based systems
  • Knowledge and experience with Appian and Microsoft Dynamics is preferred
  • Knowledge and experience with various analysis & planning tools to include MoneyguidePro, EnvestNet analytics, Trust Service analytics and other tools
  • Proven track record with Life Insurance including a working knowledge of how insurance can be used , wealth protection, Liquidity Creation, Wealth accumulation, Wealth transfer
  • Strong communication skills in English, additional regional languages are a plus and experience working with UHNW Southeast Asia clients needed
  • Must be able to coordinate and work on multiple, concurrent projects with minimal supervision
5

Wealth Management Advisor Job Description

Job Description Example
Our growing company is looking for a wealth management advisor. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for wealth management advisor
  • Collaborates with WM and other bank partners
  • Serve as the primary contact for Wealth Advisor inquiries and account service issues
  • Prepare & facilitate reports for Wealth Advisors for client review meetings
  • Actively participate in client review meetings with the Wealth Advisors
  • Assists senior WMAs in activities that drive new revenue and expand wallet share
  • Builds and establishes internal/external centers of influence to prospect
  • Develops and strategically executes business plan to obtain new clients and develop personal book of business
  • Participates in One Bank activities to identify opportunities with new and existing bank customers
  • Effectively profiles client and identifies needs for LOB referrals and cross selling
  • Drives sales results with appropriate financial based services and solutions
Qualifications for wealth management advisor
  • Prior experience serving ultra-affluent families a plus
  • Required License(s) or Certifications - Series 7, 65 or 66 & Health & Life Insurance
  • Required License(s) or Certifications - Series 7, 65 or 66 & State Health & Life Insurance
  • Required License(s) include a series 7, 65 or 66 and State Health & Life Insurance
  • Required License(s) including Series 7, 65 or 66 and State Life Insurance
  • Minimum 10 years complex estate and wealth planning experience

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