Senior Wealth Advisor
Senior Wealth Advisor
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$ 189290 - 331200
1 Vacancy
Job Description
About Northern Trust:
Northern Trust a Fortune 500 company is a globally recognized awardwinning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the worlds most successful individuals families and institutions by remaining true to our enduring principles of service expertise and integrity. With more than 130 years of financial experience and over 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.
Position Summary:
This Senior Wealth Advisor role supports ultrahigh net worth multigenerational families and CSuite Executives with planning and wealth transfer strategies. This person works with multiple generations and is a longterm partner on the relationship team frequently serving as the quarterback/Lead Relationship Manager.
Acts as a trusted advisor and technical expert in complex individual and family client relationships for high/ultrahigh net worth clients who desire a sophisticated multidisciplinary wealth plan. Responsible for the development of a comprehensive personal and financial wealth profile ascertaining wealth related goals and the design and implementation of the wealth plan.
In this role you will be knowledgeable in the full capabilities of Northern Trust and collaborate with the clients professional advisors and other Northern professionals in the delivery of integrated wealth management services.
Duties & Responsibilities:
- Development of a comprehensive personal and financial wealth profile on the client and the clients family including identification of wealth related life goals in collaboration with Lead Relationship Manager if any.
- Design and implement in collaboration with the clients professional advisors and Northern partners a wealth plan integrating wealth management wealth transfer and tax efficiency goals. Collaborate with Regional Wealth Advisor in design and modelling of wealth plans for ultrahigh net worth clients where a Regional Wealth Advisor is engaged.
- Work in close collaboration with the Portfolio Manager Regional Wealth Advisor Trust Advisor Banker and other Northern Trust professionals in the implementation of the clients wealth plan.
- Monitor and periodically update client wealth plan.
- Active assistance in the sales process and identification of opportunities to expand client relationships through the introduction of new Northern Trust products and services.
- Serve as a mentor to Associate Wealth Advisors and Wealth Advisors.
- Actively engage in cultivation of professional advisor relationships including attendance at and participation in professional conferences and professional advisor networks.
- Operates independently; has indepth knowledge of business unit / function.
- As subject area expert provides comprehensive indepth consulting and leadership to team and partners at a high technical level.
- Carries out activities that are large in scope crossfunctional and technically difficult.
- Role is balanced between high level operational and development and of strategic direction of business function activities.
- Conducts preliminary analysis.
- Responsible for direct interaction with different committees and/or management.
- Strategic in developing implementing and administering programs within functional areas.
Knowledge Skills and Experience:
- Minimum of 7 years wealth planning experience working with high/ultrahigh net worth individuals and families in a comprehensive capacity.
- Advanced educational and professional designations including CFP JD MBA and similar evidence of advanced learning and professional consulting qualification desired.
- Strong knowledge of wealth transfer planning taxation estate planning solutions wealth management products and services usually acquired through extensive workrelated experience with high/ultrahigh net worth clients in financial services law or consulting.
- Broad based technical and analytical skills in wealth planning wealth transfer tax philanthropy fiduciary practice asset location and preservation and related disciplines.
- Strong interpersonal skills and proactive consultative orientation.
Salary Range:
$USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits 401k and pension) health and welfare benefits (medical dental vision spending accounts and disability) paid time off parental and caregiver leave life & accident insurance and other voluntary and wellbeing benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Working with Us:
As a Northern Trust partner greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged senior leaders are accessible and you can take pride in working for a company committed to assisting the communities we serve!Join a workplace with a greater purpose.
Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply today.#MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process please email our HR Service Center at .
We hope youre excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Required Experience:
Senior IC
Employment Type
Full-Time
