What are the responsibilities and job description for the Senior Wealth Planning Strategist position at Cornerstone Advisors - Ensure You'll Endure™?
We are just as complex as clients’ challenges…we integrate strategy, people, and wealth management to help clients endure. We’ve been trusted advisors to 300 privately held businesses, families, and individuals across a span of over 35 years. And we are just getting started…
What are YOU looking for?
As a Senior Wealth Planning Strategist, You Will
Qualifications
What are YOU looking for?
- You want the opportunity to learn and grow…constantly.
- You want to join a company that focuses on accentuating your strengths—not your weaknesses.
- You are ready to utilize your energy, intelligence, and skill set.
- You are energetic and want to be part of a growing business.
- You have experience and are not afraid to use it.
- You love solving complex financial challenges faced by equally complex client situations.
- You want to work with others…and have a healthy dose of independent work time.
As a Senior Wealth Planning Strategist, You Will
- Conduct research and develop financial analyses and plans
- Review documents, analyze client situations, and identify actionable insights
- Build holistic models and plans that integrate personal planning, business planning, legal requirements, tax implications, etc.
- Execute, maintain, and update client models, programs, and plans
Qualifications
- Desired Qualifications
- 8 years relevant experience
- Graduate degree or certification in finance (MSF), financial planning (MFP), taxation (MT), law (JD, LLM), or related
- One or more of the following credentials: AEP, RICP, WMCP, or CPA
- Strong understanding of wealth, income, estate, gift, and generational tax planning
- Proficiency building models in Excel
- Business Acumen – Knowledge, insight, and understanding of business concepts, tools, structures, and processes in the context of privately held businesses; ability to apply this knowledge appropriately to client situations
- Effective Communications – Understanding of effective communication concepts, tools, and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.
- Minimum Qualifications
- 5 years of relevant experience
- Bachelor’s degree in finance, mathematics, actuarial science, or related. Will consider experience and other degrees and credentials in lieu of a bachelor’s degree in a relevant discipline.
- One or more of the following credentials: CFP, CPWA, or ChFC
- Proficiency utilizing models in Excel
- Major Duties/Essential Functions
- Develops, consults on, and implements tax, estate, and business plans for clients, including those of the greatest complexity
- Conducts and reviews research, as appropriate, and develops tax, estate, and financial analyses and plans
- Provide recommendations to the team and may participate in recommendation presentation to clients and clients’ advisors
- Analyze financial, legal, tax, accounting, and other related information to develop personal and business plans
- Build customizable Excel models or update existing templates to model varying options
- Construct and analyze cash flow analyses
- Communicate potential impact to various plans—i.e., wealth, estate, trust, financial, insurance, etc.—based on client decisions, business assumptions, market environment, and policy changes
- Create estate plan diagrams
- Identify tax planning opportunities, including charitable donations
- Update client wealth and estate plans with updates from source data
- Monitor changes in tax laws and developments in financial strategies, particularly with respect to financial plans, trusts, and estate plans
- Engages with the trusts, estates, and tax community to keep the knowledge base up to date and foster valuable connections
- Familiar with sophisticated estate planning strategies and understanding of how to develop and implement varying techniques
- Collaborates in the acquisition of new clients and retains, expands, and deepens existing relationships
Salary : $45,000 - $85,000