Private Wealth Manager

Focus Partners Wealth; Ontario; On-site; CAD 150,000 - 200,000; Full time

Job summary

A leading wealth management firm in Ontario is seeking a Private Wealth Manager to enhance client relationships and support cross-border tax planning. The role requires managing client expectations, conducting tax compliance, and providing strategic financial advice. Successful candidates will have strong qualifications in finance, particularly in tax planning, ensuring comprehensive client service.

Qualifications

• Minimum of 5 years experience in tax planning or compliance in the US and Canada.
• Understanding of income, gift, estate taxes, investments, benefits, insurance, and wealth transfer strategies.

Responsibilities

• Manage client relationships and ensure contractual obligations are met.
• Prepare and review Canadian and US tax returns and projections.
• Conduct regular client reviews and prepare financial planning advice.

Skills

Interpersonal skills

Process management

Analytical skills

Attention to detail

Education

Bachelor’s Degree

CPA, CA, or LLM required

CFP designation preferred

Tools

QuickBooks

Excel

Job description

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Join to apply for the Private Wealth Manager role at Focus Partners Wealth

Cardinal Point Capital Management, ULC dba Cardinal Point ("Cardinal Point"), a subsidiary of Focus Financial Partners, LLC, and an affiliate of Focus Partners Wealth, LLC, is a wealth management firm delivering personalized advice through a client-centric advisory team.

We are seeking a Private Wealth Manager to support our team in Ontario. This role offers an excellent opportunity for candidates interested in advancing in cross-border tax planning and implementation for individuals, trusts, estates, and business structures.

Primary Responsibilities

1. Manage client relationships to meet or exceed expectations, adhering to contractual agreements and relationship standards.
2. Coordinate client onboarding, plan development, meetings, and correspondence throughout all relationship phases.
3. Act as the liaison, team leader, and advocate for clients within the organization and with external providers to ensure effective implementation of financial plans.
4. Conduct regular reviews (annual or semi-annual) and prepare review modules for assigned clients.
5. Coordinate tax and investment processes with internal and external professionals, ensuring alignment with client contracts and standards.
6. Provide financial planning advice in accordance with firm standards and client needs.
7. Collaborate with the Client Relationship Specialist on onboarding and administrative tasks.
8. Perform peer reviews of financial plans, focusing on tax planning.

Tax Compliance Responsibilities

1. Prepare and review U.S. Federal, State, Canadian Federal and Provincial Income and Estate Tax returns.
2. Develop tax projections and planning reports.
3. Research tax issues and support tax planning and compliance efforts.
4. Ensure timely and complete delivery of tax documents to clients.
5. Prepare financial statements for tax purposes, using QuickBooks or Excel, and reconcile tax data.
6. Handle responses to IRS audits and CRA reviews, managing the process to successful resolution.
7. Identify tax issues and communicate opportunities effectively.
8. Maintain proficiency with relevant tax software and tools.
9. Oversee tax administration and coordinate with outsourced resources for compliance.

Qualifications

1. Bachelor’s Degree.
2. CPA, CA, or LLM required; CFP designation in Canada and/or the US preferred.
3. Minimum of 5 years experience in tax planning or compliance in the US and Canada.
4. Understanding of income, gift, estate taxes, investments, benefits, insurance, and wealth transfer strategies.
5. Strong interpersonal, process management, and analytical skills with attention to detail.

Focus Partners Wealth offers comprehensive wealth, asset, and business management services, committed to fostering client growth through personalized strategies. We are a registered investment advisor with the SEC. Additional information is available at SEC's website.

This is an exempt role with a base salary of CA$200,000 or $150,000, depending on experience and location. Total compensation may include other benefits.

Additional Details

Seniority level: Mid-Senior level

Employment type: Contract

Job function: Finance and Sales

Location: Scarborough, Ontario, Canada

Note: This job is active and accepting applications.