Wealth Advisor

8-8 yrs required

Full-time

No

Wealth Advisor:
- Location: Boston, Massachusetts, USA
- Category: Wealth, Brokerage and Premier Banking
- Job Id: R0086617
- Posted Date: 04/01/2024

Position Description:
- Primary relationship advisor for high net worth and ultra-high net worth wealth clients
- Responsible for developing and deepening client relationships through needs-based, high-level client service
- Delivery of the full suite of Truist Wealth solutions

Salary Information:
- Regular or Temporary: Regular
- Language Fluency: English (Required)
- Work Shift: 1st shift (United States of America)
- Bachelor's Degree Required
- FINRA: Maintains proper licenses including Series 7, Series 66, the Securities Industry Essentials (SIE) Exam as applicable Life, Health, and Variable insurance licenses.
- 8 or more years of sales and client management experience in Wealth Management
- Demonstrated ability to manage a portfolio of high net and ultra-high net worth clients with complex credit and banking needs
- Successful track record using interpersonal, sales, presentation and relationship management skills in the high net worth marketplace
- Advanced and reputable credit knowledge with a proven track record working complex credit deals and/or in tandem with a senior credit advisor
- Advanced and proven working knowledge of deposit, credit and investment products
- Successful background working in a goal-based, results-driven, sales environment
- Ability to thrive and actively participate on a team
- Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
- Must be SAFE Mortgage Licensing Act compliant within 30 days of employment in this role

Experience Information:
- Preferred Qualifications:
- Bachelor's Degree in Business, Finance, or Economics
- CFP preferred or CTFA, CFA, CPA, JD or MBA
- Completion or enrollment in certification programs such as CFA, CFP, CPWA and CPA
- 5 or more years of sales and client management experience in Wealth Management
- Demonstrated ability to manage a portfolio of high net worth clients
- Graduate of a leadership or management development program (such as LDP, Banking School)

Key Responsibilities:
- Meet revenue growth, profitability and client retention goals by acquiring new clients through business development
- Expand services and market new products to existing clients
- Self-acquire new business by being active and well-connected in the community
- Expected to be the expert-level "market-moving" advisor
- Handle the most challenging, sensitive and complex banking relationships
- Focus on targeted prospecting and developing relationships with external referral sources
- Effectively work with various specialists and IRM partners to support client service and business development efforts
- Utilize the specialist delivery model to protect the cost-to-serve requirements of the corporation
- Use advanced credit knowledge to lead conversations and deliver advice to clients and prospects
- Partner with Truist product specialists to deliver solutions to clients' financial needs
- Thrive in a team-based approach to deliver the full suite of Truist Wealth solutions
- Act as a culture champion aligned with Truist's Purpose, Mission, and Values
- Establish and maintain mutually beneficial business relationships with internal and external centers of influence
- Stay updated on changing economic, legal, financial planning, investment trends, and general market and business issues
- Serve as a personal financial planning/advisory resource for clients, their attorneys and CPAs
- Maintain appropriate legal, operating, and regulatory controls to manage risk and compliance
- Work within the existing audit, compliance, and regulatory framework to ensure high-quality, compliant relationships
- Use sound judgment on expense and operational efficiency

Benefits Information:
- General Description of Available Benefits for Eligible Employees of Truist Financial Corporation
- All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits
- Eligibility for specific benefits may be determined by the division of Truist offering the position
- Truist offers medical, dental, vision, life insurance, disability, and accidental death and dismemberment
- Tax-preferred savings accounts and a 401k plan are also available to teammates
- Teammates receive no less than 10 days of vacation (prorated based on date of hire and full-time/part-time status) during their first year of employment, along with 10 sick days (prorated) and paid holidays
- Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan

Wealth Advisor - Primary Relationship Advisor for High Net Worth and Ultra-High Net Worth Clients
Headings:
H1: Wealth Advisor
H2: Salary Information, Job Title and Experience Information

Bullet Points:
- Serve as primary relationship advisor for high net worth and ultra-high net worth clients
- Develop and deepen client relationships through high-level client service
- Deliver the full suite of Truist Wealth solutions
- Acquire new clients through business development and expanding services
- Utilize objective and sound personal financial planning and financial advisory concepts
- Provide integrated delivery of a broad range of wealth products and services to high net worth individuals
- Meet revenue growth, profitability and client retention goals
- Self-acquire new business by being active and well-connected in the community
- Expected to be the expert-level "market-moving" advisor
- Focus on targeted prospecting and developing relationships with external referral sources
- Work with various specialists and IRM partners to support client service and business development efforts
- Use advanced credit knowledge to lead conversations and deliver advice to clients and prospects
- Partner with Truist product specialists to deliver solutions to clients' financial needs
- Thrive in a team-based approach to deliver the full suite of Truist Wealth solutions
- Act

Not mentioned

Medical, Dental, Vision, Life Insurance, Disability, Accidental Death and Dismemberment, Tax-Preferred Savings Accounts, 401k, Vacation, Sick Days, Paid Holidays, Defined Benefit Pension Plan (depending on position and division)

English

Relationship Management, Business Development, Sales, Credit Knowledge, Investment Knowledge, Computer Proficiency

Bachelor's Degree in Business, Finance, or Economics preferred.

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Qualification and Experience Bachelor's Degree, Series 7 and 66 licenses, SIE Exam, Life/Health/Variable Insurance licenses, SAFE Mortgage Licensing Act compliance

Legal