Private Wealth Advisor

Our client is a boutique wealth management firm located in Oakbrook Terrace, IL. This firm provides comprehensive financial planning and wealth management services to affluent and ultra-affluent families, corporate executives, professionals, and business owners. They are seeking a Financial Advisor that will have an opportunity for rapid advancement to a Private Wealth Advisor role where you will be fully responsible for providing holistic wealth management and planning services to 40 existing High-Net-Worth clients. This person will support the advisory team in delivering ongoing service to clients by preparing for client meetings, assisting with planning-related tasks, and coordinating follow-up items. This role plays a key part in maintaining the day-to-day servicing needs of client relationships and ensuring internal processes are followed.

Essential Functions and Duties:

• Supports the lead advisor in maintaining strong client relationships by assisting with day-to-day servicing needs, drafting client communication, capturing meeting notes, and creating and tracking action items.
• Experience completing Annuity and Life Insurance applications with carriers is mandatory.
• Cashiering with Fidelity or Schwab is a plus.
• Prepares and generates client review materials for assigned clients in alignment with firm's standards.
• Drafts and implements financial plans and action items under the supervision of the Senior Advisor.
• Assists head of wealth planning with case studies and other education opportunities for the department.
• Researches, creates and presents planning strategies (tax, estate, insurance and investment) and relays recommendations to advisors/clients as client situations arise.
• Assists the Senior Advisor with investment management strategies and works with the Investment Department to implement.
• Participates in client meetings for delivering presentations, live planning, updates, note taking, and post meeting actions.
• Works proactively in all facets of the role, consistently seeking out new opportunities to assist advisors in planning more effectively, maximizing data, defining best practices, and identifying high-impact activities.
• Utilize LeadCenter.AI, (an Advisory Firm Salesforce CRM), for reports, client communication, and client information maintenance.
• Advanced understanding of financial planning software (eMoney) and scenario creation.
• Ensuring all work is completed accurately and promptly.
• Protects clients' rights by maintaining confidentiality of personal and financial information.
• Performs tasks in a manner that displays a commitment to excellence, best practices, compassionate and superior customer service with every client and colleague.

Knowledge/Skills/Abilities:

• Strong understanding of financial planning and advice.
• Ability to communicate clearly internally and externally through verbal and written correspondence, especially in difficult client situations.
• Strong client services skills with the ability to assess the needs of the client and take action when appropriate.
• Deep understanding of industry compliance and ability to follow procedures.
• Strong client services.
• Proven dependability by consistently being at work and on time and during scheduled hours, following instructions and procedures and leading by example.
• Strong organization, prioritization and multi-tasking skills required.
• Must have exceptional attention to detail.
• Skilled in identifying and resolving administrative-related problems.
• Skilled in preparing and maintaining records and responding to correspondence.
• Ability to interpret, adapt and apply company policies and procedures.

Experience/Education Requirements:

• Bachelor's degree or equivalent experience.
• Minimum of 3-5 years of experience in wealth management.
• Experience using Wealthscape, Orion, eMoney, Holistiplan, Morningstar, and Salesforce is a plus.
• Series 7, 66 or 65 are required.
• Health and Life Insurance Licenses preferred, but they can be obtained within six months of employment.
• CFP designation a plus and highly recommended. Company reimburses the costs once successfully completed.
• Additional designations or certifications may be required and can be obtained on the job.

Compensation and Benefits:

• Salary ($80k-110k+) plus $2,500 quarterly bonus for meeting goals (at the discretion of the management).
• Choice of PPO or HMO Health, Dental, and Vision insurance
• Profit Sharing, plus 401k match
• PTO policy: 10 days off in the first 12 months of employment, and then three additional days per year until a maximum of 20 days.
• NYSE holiday calendar (10 days) and the Friday after Thanksgiving.
• Four-day work week schedule during the summer
• Additional extra days off earned throughout the year.