Wealth Management Associate

Job Description

Job Description

Position Title : Wealth Management Associate

Location : Bellingham, WA (Hybrid)

The Wealth Management Associate supports the Advisory Department of a successful and growing boutique wealth management firm by building financial plans, working on client related requests, and supporting the firm's client experience. This individual is responsible for building and maintaining clients’ financial plans as directed.

This position requires a pro-active approach and ability to independently carry out the duties of the position. The ideal candidate should exhibit high standards, excellent communication skills, good judgment, and ability to take initiative. The ability to effectively manage time and multi-task with attention to detail is critical to this role.

Essential Responsibilities :

Client and Advisory Engagement :

• Analyze financial information and evaluate results to choose the best solution build out financial plans and investment proposals
• Actively participate in all assigned Wealth Manager client meetings
• Demonstrate the ability to escalate potential client issues to Wealth Adviser as appropriate
• Actively document all notes and action items during client meetings and ensure all commitments made by the Wealth Manager are being completed in a timely manner
• Accountability for client relationships managed and the client process within the Associate Wealth Manager responsibilities including delivery of the firm's client experience
• Review task assignments for each client and work directly with team members to ensure all follow-up and action items as a result of client meetings are documented in CRM and completed within the specified time frame
• Under the direct oversight of the Managing Director, actively engage in client case preparation meetings and provide recommendations and feedback relative to the client’s financial plan as appropriate
• Ensure client data is captured in the meeting and compiled in the firm’s financial planning software, CRM, and other related software applications
• Identify gaps and opportunities within client plans and work closely with the Managing Director, VP, and Wealth Managers to present solutions to the client
• Develop financial planning expertise to support the firm’s clients by building and understanding of time value of money :  present value, future value, annuity payments, internal rate of return, as well other financial planning modeling scenarios
• Support the client onboarding process by completing financial plan and investment proposals within the appropriate software applications
• Work within a team structure that is designed for growth and supports the success of the team and overall organization

Compliance :

Experience and Education :

Skills and Knowledge :

Compensation :