Trust Advisor

Location: Boston, MA

Hybrid: 3 days onsite

Employees: 500| Team Size: 10-15

Industry: Law Firm

Trust Advisors will work with multi-generational families with diverse needs and administer accounts including trusts, IRAs, investment management accounts, foundations, and partnerships, functioning as family investment funds. Trust Advisors are supported by Trust Coordinators to facilitate day-to-day administration of accounts.

Most Important Responsibilities:

• Assist Trustees with administrative decisions; ensure that assigned accounts are administered by their document terms.
• Frequent direct contact with multiple generations of family members in person and via phone and email.
• Support the Wealth Management Group partners and clients on a range of subjects including financial, personal, and estate planning matters.
• Monitors cash flow and performs budget analysis. Assist family members with general financial planning decisions. Coordinate specialized reports as needed.
• Coordinate account activity, including receipts and disbursements related to assets and beneficiary needs, opening, funding, and closing accounts, and facilitating charitable and noncharitable gifts.
• Oversee asset custody. Coordinate with external advisors and family consultants.
• Monitor cash levels in accounts to ensure that all client needs can be met.
• Ensure that inter-departmental communication is effective and that all account information is relayed and processed under established protocols. Coordinate service with other Wealth Management Groups; investments, tax, operations, legal, etc.

What you can bring to the table to impact this role, team, and organization:

• Bachelor’s degree in financial, accounting, legal, or related field
• Strong understanding of income taxes and investments including partnership, trust, estate planning, and estate gift/tax knowledge.
• 3 years of experience working with high-net-worth clients.
• Commitment to confidentiality and ability to handle sensitive information discreetly, understanding when to appropriately escalate matters.
• Complex project management skills and the ability to work on multiple teams and projects simultaneously.
• Proven track record of success in meeting inflexible deadlines.
• Strong analytics skills and the ability to draft complex reports and spreadsheets. Strong Excel skills and adaptability to learn.
• Professional communication skills in a client-facing role.

Benefits: Medical, Vision, Dental, PTO, Sick Time, 401K matching, stock opportunity

Compensation: 145 – 160K Bonus Potential