Details
Posted: 07-Jun-22
Location: New York, New York
Type: Full Time
Required Education: 4 Year Degree
Salary: Based on Experience/Location
Categories:
Wealth Management
Sector:
Wealth Management
Salary Details:
401(k) with match, health insurance and other benefits
Dynamic, Growing, RIA $4+ Billion AUM seeks a Wealth Planning Analyst
About US
Our mission is to transform the wealth management experience through comprehensive wealth planning, institutional-quality investment advisory, and intelligent digital solutions – all within a fiduciary relationship where clients are the highest priority. We serve High/Ultra-high net-worth, Family Office clients, and we have a selection of mass affluent households.
Summary of Your Role
We are expanding our Wealth Planning Center (WPC), the centralized team that creates and delivers plans to the firms’ clients. We partner with advisor teams to create, deliver, and present interactive plans online to clients. WPC focuses on research, analysis, recommendations, and creating and presenting a wealth plan that motivates the client to act. While the data is typically entered by the advisor teams, there may be occasional data entry and training others in this process.
This role is ideal for someone looking to immerse themselves in high value-add planning activities and is looking to accelerate their knowledge and master the craft.
Your core responsibilities will include:
- Meeting with advisors to discuss the clients’ goals, financial situation, biases, and behavioral characteristics.
- Reviewing the planning data entered in eMoney and develop a list of high priority questions to ask the client.
- Analyzing the client’s financial circumstances and develop recommendations to improve any deficiencies.
- Work with the Wealth Planning team to develop creative solutions that help the client achieve their goals.
- Design a dynamic plan in eMoney that identifies threats and challenges and identify solutions that increase the likelihood of success.
- Present plan to client alongside the advisor team and set up a monitoring schedule for the plan.
Other activities where you may contribute:
- Researching complex planning topics to support the WPC’s content publication schedule.
- Build out the WPC tool set and evaluate software that enhance our planning capabilities.
- Train client service associates to gather and input client data into eMoney.
Personal Qualities:
- Team-oriented, respectful, high integrity, humble, intellectually curious, diligent.
- Thoughtful self-starter: unafraid to express and support views that may differ from those of other team members in a respectful manner, leading to constructive debate.
- Proactive collaborator, not hesitant to ask questions, and able to follow directions.
- Detail focused with excellent organization skills and the ability to deliver quality work.
- Comfortable working in a fast-paced and deadline focused environment.
- Strong customer service and relationship building skills.
- Strong written and oral communication skills.
Skills/Qualifications
- BA/BS degree.
- CFP® or CFP® candidate. Candidates are required to attain the CFP® asap with firm assistance.
- 1-3 years of experience working in a financial planning focused role strongly preferred.
- Strong proficiency of eMoney, knowledgeable in Excel, Word and PowerPoint.
- Excellent written and analytical skills.
- Experience communicating with internal and external audiences preferred.
- Possess flexibility and willingness to perform various ad-hoc assignments required.
- Commitment to accuracy, completeness, and timeliness required.
- Demonstrated ability to learn software applications preferred.
