Wealth Planning Associate

Job Summary

Job Description

What is the opportunity?

As a Wealth Planning Associate with RBC Wealth Management, you will be part of the Wealth Planning Associate (WPA) Program.

This is a structured 24-month development program designed to provide the knowledge and skills necessary to succeed at RBC.

Upon completion of the program, you will have the opportunity to join a Financial Advisor team to deliver a consistent experience in support of the organization's goals-based wealth management strategy.

What will you do?

During the WPA Program period, you will learn from wealth planning experts, top Financial Advisors (FAs) and develop the skills necessary to become a successful wealth planner at RBC.

In addition to training, you will successfully obtain one of the accredited wealth planning designations (CFP required).

The WPA educational component combines e-learning, case studies, virtual group work, and hands-on training to educate you on the RBC product and service offerings as well as RBC’s Wealth Planning process and related tools.

You are expected to have your Series 7 and Series 66 and begin pursuing your designation during the length of the program.

The next phase of the WPA Program focuses on the application of the knowledge and skills you acquired. In addition to ongoing development through virtual classroom sessions, online modules and case studies, you will begin working directly with an FA and their team in an assigned territory.

This will include working with the Minneapolis home office as well as the local territory. Additionally, you will complete your credentials coursework and capstone project during this phase.

You will contribute regularly to the development of RBC WealthPlans and present plans to clients. You will proactively engage FA teams and lead financial planning meetings to deliver advice and wealth management solutions to meet the needs of each client.

This phase is very hands on and will include a mentor from the Wealth Planning Group. You will complete the credential educational component and progress towards certification exam.

At month 24, upon successful completion of the WPA Program and your credential plan, you will be eligible to join an FA team and establish yourself as a new FA in the local market.

There will be opportunities to continue your technical development as a cohort of the WPA Program.

In your new role, you will understand and communicate the benefits of engaging clients in a goals-based relationship, drive productivity by using best-in-class tools to deliver an exceptional client experience, and along with the Financial Advisor, provide comprehensive wealth management advice to your team’s existing client base while attracting new clients.

This will include conducting discovery conversations, talking through wealth plan results, illustrating solutions and conducting annual reviews.

The foundation of knowledge and skills you acquire as both a WPA and a junior FA will differentiate you in the marketplace as a true wealth manager and prepare you for a successful career as an FA.

What do you need to succeed?

Must-have

Bachelor’s degree with emphasis in personal finance preferred

Excellent verbal, written, presentation and relationship skills and someone who is self-motivated and possesses strong critical thinking and analytical skills

Series 7, Series 66

Accredited wealth planning designation (CFP®) and 3+ years of financial planning experience.

Ability to travel up to 25-50% of the time

Nice-to-have

Demonstrated understanding of the financial planning process and industry planning tools

Proficiency with Word, PowerPoint and Excel (formulas, graphs, pivot tables)

2+ years of financial planning or closely related experience in the financial services industry, preferably with a broker-dealer or other large financial advisory firm

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper.

We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

A comprehensive Total Rewards Program including great benefits, annual incentive program and recognition

Leaders who support your development

A dynamic, collaborative, and high-performing team

Opportunities to do challenging work and grow your career

Work-life integration

Positive work culture emphasizing diversity and inclusion, volunteerism and community involvement

Job Skills

Additional Job Details

Address :

53 STATE STREET : BOSTON

City : Boston

Boston

Country :

United States of America

Work hours / week : Employment Type :

Employment Type : Full time

Full time

Platform : WEALTH MANAGEMENT

WEALTH MANAGEMENT

Job Type : Regular

Regular

Pay Type : Salaried

Salaried

Posted Date : 2024-07-01

2024-07-01

Application Deadline :

I nclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.

We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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