Wealth Management Analyst

Job Description

POSITION SUMMARY

The Wealth Management Analyst's responsibilities include producing strategy reports, synthesizing client/prospect data to develop customized financial plans, designing tailored reporting for new and existing clients and creating and executing marketing strategies to attract new clients. The Wealth Management Analyst focuses on servicing clients by understanding their investment objectives and working in partnership with the Investment Advisor / Wealth Advisor to deliver solutions.

DUTIES and RESPONSIBILITIES:

Client Support:

• Establishes and cultivates trusting relationships with new and existing clients, proactively helping them understand their investments and planning strategies, often with guidance and input from senior team members.
• Assists Investment Advisors / Wealth Advisors in the development and delivery of financial and investment strategies that aim to address each client's specific goals and concerns.
• Prepares performance reports and other data for clients, that may involve evaluating account performance, analyzing investment portfolio holdings, and generating quarterly investment performance monitors.
• Works with clients on the execution of orders in Brokerage and Advisory accounts.
• Assists clients with market and stock research.
• Supports clients in market and stock research.
• Develops Statement of Investment Policy Statements for clients in coordination with Investment Advisor / Wealth Advisor.
• Manages events, webinars and seminars by organizing, marketing and setting up the venue in collaboration with the Investment Advisor / Wealth Advisor.

Business Development & Operational Support:

• Designs and produces strategy reports and other types of communications for Investment Advisors / Wealth Advisors to use with clients and prospects as part of the overall marketing initiative.
• Synthesizes client / prospect data to develop customized financial plans/asset allocation proposals utilizing the Firm's proprietary software tools; May lead presentations in partnership with Investment Advisors / Wealth Advisors.
• Leads a team-wide effort to organize, streamline and enhance a client experience that emphasizes value, service and attention to detail as well as develop, implement and communicate new procedures, products, and portfolio enhancements for clients.
• Identifies and implements practice management opportunities by interfacing with various departments across the firm.
• Develops presentation materials and proposals to assist Investment Advisors / Wealth Advisors in managing performance measurements on existing accounts and cultivating new business opportunities.
• Provides tailored recommendations to the Investment Advisor / Wealth Advisor about specific client situations and opportunities to consider.
• Collaborates with the Investment Advisor / Wealth Advisor to develop an overall business plan and marketing strategy that may include targeted events and customized seminars.
• Conducts quarterly/annual business performance reviews in conjunction with the Investment Advisor / Wealth Advisor.
• Actively engages in available training and education programs - including firm strategic priorities, professional development and staying current on policies, procedures and new platforms and attend scheduled targeted / monthly field service professional and / or training calls.
• Proactively participates in firm initiatives directed by local management.

EDUCATION, EXPERIENCE, KNOWLEDGE, and SKILLS:

Education / Experience

• Minimum of one-time relevant working experience or internship required.
• A four-year college degree or professional certification is preferred.
• Candidate with SIE / Series 7 / Series 63 / Series 65 / Series 66 certifications is preferred.

Knowledge / Skills

• Enjoys working with people and problem solving.
• Knowledge of financial industry and investment products preferred.
• Able to measure performance of clients' portfolios.
• Effective written and verbal communication skills.
• Strong understanding of applicable compliance rules, regulations and firm policies.
• Able to work independently and effectively on a team.
• Strong computer skills including knowledge of Microsoft Office products (Word, Excel and PowerPoint).
• Detail-oriented with exceptional organizational skills and the ability to prioritize tasks.
• Ability and interest in working in a fast-paced, evolving environment.
• Affluent in English and Mandarin for language requirement.

Reports to:

• Designated Supervisory Manager