CORPORATE TITLE
Vice President
OFFICE LOCATION(S)
Dallas
JOB FUNCTION
External Product Specialists
DIVISION
Asset & Wealth Management
YOUR IMPACT
The company Family Office is seeking a Vice President to craft innovative wealth planning strategies and provide family office services. The role involves assisting clients in achieving their income tax, estate tax, philanthropic, and financial planning objectives. The ideal candidate should be hard-working, client-friendly, and possess a background in tax, trust, and/or estate advisory.
OUR IMPACT
Wealth Management
Within Wealth Management, the company empowers clients and customers globally to meet their financial goals. The advisor-led wealth management services offer financial planning, investment management, banking, and comprehensive advice to a diverse clientele, including ultra-high-net-worth and high-net-worth individuals, family offices, foundations, endowments, corporations, and their employees. The consumer business offers digital solutions for better spending, borrowing, investing, and saving. The growth of Wealth Management is driven by a relentless focus on people, clients, and customers, along with leading-edge technology, data, and design.
Private Wealth Management (PWM)
The company's Private Wealth Management (PWM) specializes in devising comprehensive wealth management plans for high-net-worth individuals, families, and select institutions, including foundations and endowments. PWM teams work closely with clients to provide customized strategies utilizing the company's vast investment experience, diverse wealth management capabilities, and global reach. Private Wealth Advisors (PWAs) offer an unmatched investment platform, encompassing the full range of products and services of the company and beyond, which may include tax and estate planning, philanthropic planning, and private banking and lending services. As client needs evolve, the close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of the company and beyond.
Company Family Office (GSFO)
The company Family Office (GSFO) collaborates with Private Wealth Advisors to build strong client relationships and deliver a complete suite of wealth planning and family office services.
HOW YOU WILL FULFILL YOUR POTENTIAL
- Serve as a senior subject matter expert, assisting high-net-worth clients with income, trust, estate, and tax planning.
- Advise individuals and families on wealth transmission aspects, including tax-efficient estate planning structures, sophisticated lifetime gifting strategies, closely held business transfers, charitable giving, and trust administration and restructuring.
- Counsel clients on asset protection techniques and implementation.
- Interface with trustees, attorneys, accountants, and other advisors and professional bodies regarding private clients' wealth planning.
- Develop philanthropic goals and implement related structures (., donor-advised funds, private foundations).
- Formalize financial goals and devise action plans to achieve them.
- Present internal educational seminars to Private Wealth Management teams.
EXPERIENCE & SKILLS WE’RE LOOKING FOR
- Bachelor’s Degree required; CPA and/or JD highly preferred.
- Extensive experience in structuring multi-generational wealth and estate planning strategies for clients.
- Technical expertise in US tax legislation and investment portfolio tax implications, estate planning entities, philanthropic entities, and other business activities, including the impact of the Alternative Minimum Tax.
- Strong income tax planning expertise.
- Preferable experience with state and local tax matters for southern state jurisdictions.
- Experience with both private company owners and executives of public companies is a plus.
- Strong background advising on asset protection technique implementation.
- Experience interfacing with trustees, attorneys, accountants, and other advisors and professional bodies regarding private client wealth planning.
- Deep interest in financial markets and good investment sense/commercial instinct.
- Excellent interpersonal skills and a desire to work in a team-oriented environment.
- Resourceful, self-starter, detail-oriented, and capable of multi-tasking in a fast-paced environment.
- Extensive experience presenting to internal and external audiences.
- Ability to build consensus and facilitate decision-making among families.
- Experience in structuring and managing family office entities is a plus.
- Ability to work in a fast-paced environment and think clearly under pressure.
- A minimum of ten years of experience as an accountant, attorney, or wealth professional.
- Securities Industry Essentials (SIE), Series 7 & Series 63 exams (must be obtained within the first three months of employment).
- Experience working with clients in structuring multi-generational wealth and estate planning strategies.
- Willingness and desire to travel as necessary, given the regional coverage of the role.
ABOUT THE COMPANY
At the company, we dedicate our people, capital, and ideas to help clients, shareholders, and communities grow. Founded in 1869, we are a leading global investment banking, securities, and investment management firm headquartered in New York, with offices worldwide.
We value diversity and inclusion, providing opportunities for professional and personal growth through our training, development opportunities, firmwide networks, and benefits. We are committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. The company is an equal employment/affirmative action employer.
