What are the responsibilities and job description for the Wealth Management Associate position at Windward Recruiting?
The Associate Wealth Advisor role is an exciting opportunity to work with a planning centric team dedicated to creating personalized wealth advice based on each unique clients' goals and aspirations.
The position involves partnering closely with Wealth Advisors to maintain and enhance client relationships through active participation in the financial planning process. Responsibilities include creating and implementing strategies in retirement, risk management, tax, estate, and investment planning.
Primary Responsibilities
- Develop, revise, and present financial plans through planning software
- Ability to create and deliver tax, estate, and insurance planning
- Identify advanced planning opportunities and develop internal best practices
- Develops a mastery of the firm's investment philosophy
- Create holistic investment strategy for each client, monitor risk tolerance over time as needed
- Develop an understanding of the fundamentals of trading.
- Partner with the Portfolio Management team to approve and execute portfolios, trade recommendations, tax loss harvesting, etc.
- Mastery of technology stack offered, including CRM system and custodian websites
- Resource and collaboration with other Associate Wealth Advisors
- Ability to independently lead client communications and interactions
- Diligent recording of client communication and information within client relationship management platform
- Service as the day-to-day contact for client needs and collaborate with team members to ensure the highest level of client service
- Complete client billing reviews and ensure compliance for the advisory team
- Engage in advisory team business planning efforts and actively support the firm’s strategic priorities
- Ability to business develop in a team environment
- Lead a select number of client relationships
- Lead the development of financial planning recommendations to clients
- The ability to meet with clients in person (some travel may be required)
Qualifications
- Bachelor’s Degree in relevant field
- Series 65 or equivalent within 120 days of employment
- 4 years of financial service experience
- CFP or equivalent (ChFC or CPA PFS) preferred
- Proven experience in financial analysis, modeling, and strategic planning
- Strong understanding of investment strategies, risk management, tax planning, and estate planning
- Excellent analytical skills and attention to detail
- Strong interpersonal skills: with the ability to explain complex financial concepts to clients
- Team-orientated approach
- Knowledge of financial industry, financial products, and financial planning concepts
- Proficiency in financial software and tools for modeling and analysis, as well as CRM tools
- Clean U4
Actual base pay may vary based on factors including, but not limited to, experience, subject matter expertise, geographic location where work will be performed, and the applicant’s skill set. The base pay is just one component of the total compensation package. Other rewards may include an annual cash bonus and a comprehensive benefits package, including but not limited to medical, dental, vision, life insurance, and 401(k). Please note that the job title is subject to change based on the selected candidate’s experience and education.