Description
Job Summary:
The Private Wealth & Fiduciary Services Advisors are responsible for administration and maintenance of complex and high net worth trust, estate, and investment management accounts. This position may also assist in special projects or special committees within the department, as needed and as assigned. This position involves proactive communication and sophisticated advice with and to clients and their professional advisors, regarding administrative, legal, planning and regulatory matters. This includes development of new private client relationships, primarily through sophisticated financial and estate planning for trust/asset management clients and prospects, either alone or in conjunction with the client’s legal and financial advisors. The position includes establishing and maintaining professional relationships with trust & estate attorneys, CPAs and financial advisors as referral sources for new business. The position also works closely with Private Wealth administrative support team and Middle Office as appropriate to provide efficient and effective onboarding of new relationships and high-quality service for existing clients.
Primary Functions and/or Responsibilities:
Provides relationship management and administration of complex and high net worth clients investment, fiduciary, and other assigned accounts including regular proactive client communication, sophisticated advice to clients and advisors, and includes daily account administration, in coordination with Private Wealth administrative support team
Works closely with the department team members to provide expertise, as needed and as assigned, to help service our clientele within our entire department, including financial planning, estate planning, regulatory and/or compliance related items.
Participants in special projects or internal committees, as needed and as assigned.
Develops new and expanded personal trust and other private client relationships
Develops and maintains professional relationships with referral network of trust and estate attorneys, CPAs, and financial advisors
Conducts joint calling with other Private Wealth Advisors, Private Banking Officers, BTC Capital Management Officers, and other Bank staff as required for discharge of responsibilities
Performs other duties as assigned
Requirements
Education and/or Experience:
We are hiring at either a level III or Senior depending on experience.
Private Wealth Fiduciary Services Advisor III
o Four year college degree in finance or related field required
o A minimum of eight years of experience performing sophisticated investment management, tax, financial, and estate planning for high net worth individuals and families in the personal trust, family office or similar environment
o JD or advanced degree in finance preferred
o CFP, CTFA and equivalent fiduciary investment credentials are highly desirable
o Four-year college degree in a related field preferred OR an equivalent combination of education and experience
Sr. Private Wealth Fiduciary Services Advisor
o Four year college degree in finance or related field required
o A minimum of ten years of experience performing sophisticated investment management, tax, financial, and estate planning for high net worth individuals and families in the personal trust, family office or similar environment
o JD or advanced degree in finance strongly preferred
o CFP, CTFA, or equivalent fiduciary investment credentials are strongly preferred
o Four-year college degree in a related field preferred OR an equivalent combination of education and experience
Specific Skills, Knowledge & Abilities:
Extensive knowledge of investment management and tax, estate planning concepts/techniques, and trust administration
Thorough knowledge of fiduciary management policies and principles
Strong knowledge of investment concepts
