What are the responsibilities and job description for the Relationship Associate position at Diversified Trust?
Firm Summary
Diversified Trust is an employee-owned comprehensive wealth management firm based in the Southeast with over $12 billion of client assets under management. Our clients include individuals, multi-generational families, family offices, foundations, endowments and retirement plans. We provide tailored investment management, financial planning, trust and estate, family office, and institutional advisory services through our offices in Atlanta, Charleston, Greensboro, Memphis and Nashville.
Job Summary
The Relationship Associate works in partnership with a team of client professionals providing exceptional wealth management, family office, investment advisory and trust services to clients.
Primary Duties and Responsibilities
Client Service:
- Oversee activities that support the client relationship team in daily account and business practices
- Attend periodic client meetings; follow up with clients and team members on outstanding client service items
- Provide excellent client service; respond to day-to-day inquiries and interactions with clients and other client service team members; assist in the research of client solutions
Wealth Strategies:
- Assist senior Wealth Strategists and other client service team members in developing and servicing client specific financial plans
- Correspond with clients to obtain necessary information for financial plan development: review client source materials
- Initial input of information into planning software for analysis and development of client presentation materials
- Participate in wealth strategies team meetings and collaborate with colleagues to improve efficiency of wealth strategies processes and deliverables
Investment Management:
- Assist with the preparation of customized cash flow and investment portfolio review reports and presentations for current and prospective clients
- Conduct periodic compliance reviews of client accounts, statements and reports including completion of annual administrative and investment reviews; ensure all required documentation is on file and that account coding items are correct
- Assist with the evaluation and preparation of documentation for alternative investments
- Prepare reports to illustrate asset allocation and transition plans for existing and prospective clients
- Analyze prospective and current client investment strategies and individual asset positions relative to firm recommendations and, when necessary, develop recommendations for adjustments
Skills/Competencies necessary for this job include:
- Bachelor's degree in Business or related field
- CFP, CFA, CPA, CPWA or other advanced designation required
- 2 years of financial planning, estate and/or tax planning experience, investment advisory or comparable experience preferred
- A working knowledge of the application of wealth management planning such as cash flow, education, retirement, risk management and insurance, tax, business tax, trust and estate, and wealth transfer
- Experience with financial/investment technology platforms; proficiency in Excel and PowerPoint applications
- Strong analytical abilities and excellent attention to detail; ability to work under pressure and handle multiple tasks within deadlines
- Excellent writing and communication skills
- Ability to develop trust and build internal and external relationships