Wealth Strategist - City National Rochdale: $122,535 - $208,715 per year
Experience: Minimum 8 years of financial planning or related experience, minimum 8 years of experience within Banking, Brokerage, or Insurance culture
Location: San Francisco, California; Los Angeles, California; Beverly Hills, California; Houston, Texas; Chicago, Illinois; Lake Mary, Florida
Overview:
- Responsible for expanding relationships with high ultra-high net-worth clients
- Attract new prospective clients by partnering with field business development officers
- Support senior wealth strategist and wealth strategist team in developing client-facing materials in areas of Estates and Trusts, Income Taxation, Philanthropy, and Asset Protection, and Investments
Responsibilities:
- Develop integrated estate and financial plans for UHNW clients in collaboration with colleagues and COIs
- Analyze client's current situation and educate on tax risks while understanding their specific goals and objectives
- Partner with strategy team to create understandable explanations of sophisticated wealth planning strategies
- Peer review client-facing custom designed output from other senior wealth strategists
- Participate in routine third-party audits of all material subject to peer review
- Create customized strategy explanations that are consistent across the enterprise and of high quality
- Participate and/or lead client meetings and work within a team environment to deliver integrated planning services
- Keep abreast of legislative and tax changes
- Participate in the sales process to grow revenue by calling on prospective clients
- Enhance existing relationships and reduce attrition by designing integrated wealth plans
- Raise awareness of proper channel alignment when necessary
- Cultivate and maintain relationships with COIs
- Participate in client and community events
- Prepare for sponsored events regarding wealth planning information and issues
- Collaborate with marketing and training to prepare written and oral presentations
- Write articles on timely topics of wealth planning
Requirements:
- Master's Degree
- Advanced Degree (JD or CPA or Masters in Tax/Accounting/Business...)
- Minimum 8 years of financial planning or related experience
- Minimum 8 years of experience within Banking, Brokerage, or Insurance culture
- CFP - Certified Financial Planner within 18 months of employment
- CEPA - Certified Exit Planning Advisor within one year of employment
- CEPA desirable within one year of joining
- Demonstrable expertise in multiple areas such as portfolio design, transfer tax, life insurance, income tax, retirement funding, captive insurance, and legacy trusts
- Demonstrable expertise in financial modeling systems such as eMoney, NaviPlan, WealthStation, or similar
- Demonstrable proficiency in Salesforce
- Stay current on cutting-edge wealth planning solutions while retaining the ability to explain and implement them in an easy to understand manner
- Demonstrable expertise in team-based wealth planning
- Demonstrable expertise in multiple wealth planning issues
- Ability to easily explain complex strategies to clients and COIs
- Presentation skills
- Outstanding written and verbal communication skills
- Outstanding Word, Excel, and PowerPoint creation abilities
Compensation:
Starting base salary: $122,535 - $208,715 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks:
- Comprehensive benefits package including medical, dental, and vision coverage
- Generous paid time off and holidays
- Retirement savings plan with company match
- Wellness programs and resources
- Career development and training opportunities
Inclusion and Equal Opportunity Employment:
**Members Only** is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other basis protected by law.
About City National:
**Members Only** is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. Founded in 1954 by entrepreneurs for entrepreneurs, City National has a legacy of integrity, community, and unparalleled client relationships. We strive to be the best at whatever we do, including the benefits and perks we offer our colleagues.
