Private Wealth Advisor - Houston, Texas, United States

Overview · The Private Wealth Advisor serves as a trusted financial counselor to high-net-worth individuals and families. This role requires providing comprehensive wealth management solutions, including financial planning and estate planning guidance, while maintaining the highe ...

Job description

Overview

The Private Wealth Advisor serves as a trusted financial counselor to high-net-worth individuals and families. This role requires providing comprehensive wealth management solutions, including financial planning and estate planning guidance, while maintaining the highest standards of client service. The role will work with existing clients, prospects, internal partners and external partners in an effort to grow relationships and new business.

This position may be filled as a Level I, II or III.  Additional responsibilities and qualifications apply.

Responsibilities

• Develop and maintain long-term relationships with high-net-worth clients, serving as their primary point of contact for all wealth management needs.
• Work with the team to create comprehensive financial plans that address complex wealth management challenges, including investment management, estate planning, tax optimization and philanthropic strategies.
• Work with the Investment Manager to conduct portfolio reviews and client meetings to ensure alignment with financial objectives and risk tolerance.
• Coordinate with client's other professional advisors to ensure integrated wealth management solutions.
• Identify and cultivate relationships with prospective clients.
• Servicing existing clients, including in-person meetings, telephone calls, emails and exchange of written documents.
• Collaboration with Private Wealth Executives to service relationships.
• Developing new business through revenue generation.
• Presenting on behalf of Trustmark Wealth Management to various groups both internally and externally.
• Supporting the organizational unit and Wealth Management division as requested for projects, or special operational events.
• Understanding the various requirements for governing instruments and other account opening policies, procedures, regulations and laws.
• Perform additional duties as assigned.

Qualifications

• At least one of the following:
  • Graduate of Trust School plus 3 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Bachelor's Degree in a business-related field plus 5 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Graduate Degree in a field related to the function of the organizational unit plus 3 years of experience in the administration of the type of accounts and clients related to the organizational unit or in a field related to the graduate degree.
• The associate must be able to demonstrate at least a moderate level of knowledge of the types, complexity, respective governance, transactions and industry practices of the clients and accounts administered by the organizational unit.
• Excellent client communication and interpersonal skills (oral and written)
• Certified Trust and Financial Advisor ("CTFA") or other Certification within the field of the organizational unit preferred.
• Juris Doctor preferred.
• CPA preferred.
• CFP "Certified Financial Planner" preferred.
• CWS "Certified Wealth Strategist" preferred.

Level II Additional Qualifications:

• At least one of the following:
  • Graduate of Trust School plus 6 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Bachelor's Degree in a business-related field plus 10 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Graduate Degree in a field related to the function of the organizational unit plus 7 years of experience in the administration of the type of accounts and clients related to the organizational unit or in a field related to the graduate degree; or
  • Seven or more years of experience in the private practice of law or professional accounting; or
  • Three years of financial planning and/or proven sales experience in a Wealth Management firm.
• The associate must be able to demonstrate at least an advanced level of knowledge of the types, complexity, respective governance, transactions and industry practices of the clients and accounts administered by the organizational unit.

Level III Additional Qualifications:

• At least one of the following:
  • Graduate of Trust School plus 8 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Bachelor's Degree in a business-related field plus 12 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Graduate Degree in a field related to the function of the organizational unit plus 10 years of experience in the administration of the type of accounts and clients related to the organizational unit or in a field related to the graduate degree; or
  • Ten or more years of experience in the private practice of law or professional accounting; or
  • Five years of financial planning and/or proven sales experience in a Wealth Management firm.
• The associate must be able to demonstrate at least an advanced level of knowledge of the types, complexity, respective governance, transactions and industry practices of the clients and accounts administered by the organizational unit.

Physical Requirements/Working Conditions: Must be able to travel for lengthy periods of time via car or airplane.

Note: This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete or modify any of these responsibilities at any time during employment.