Wealth Advisor, Joliet

Busey Bank; Black Road; On-site; CAD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Private Wealth Advisor to manage relationships with high-net-worth clients and institutional clients. This role emphasizes proactive communication and collaboration with financial specialists to create tailored financial strategies. The ideal candidate will possess strong sales and client service skills, a fiduciary approach to client management, and the ability to analyze complex financial data. This is a unique opportunity to grow in a diverse and inclusive environment, where your contributions will directly impact clients' financial success.

Qualifications

• Experience managing high-net-worth clients and developing client relationships.
• Ability to analyze numerical data and make independent decisions.

Responsibilities

• Serve as a personal relationship manager for Wealth Management clients.
• Develop comprehensive financial strategies with the Investment Team.

Skills

Strong oral and written communication skills

Strong sales and client service skills

Wealth Management Services knowledge

Fiduciary approach to managing client relationships

Education

Bachelor's degree in Business or Finance

Certified Financial Planner designation

Tools

Trust Accounting systems

Microsoft Office Suite

Job description

Position Summary

The Private Wealth Advisor's (PWA) primary responsibility is to serve as a personal relationship manager to Busey Wealth Management clients. The Advisor will engage in proactive and ongoing communication with clients to build and maintain relationships and to develop a deep understanding of clients' unique goals and objectives. The reporting structure may vary for the PWA role based on regional needs; a PWA can report to a Market or Regional President and in some instances, a Managing Director, Director, or a PWA II.

Duties & Responsibilities

The Private Wealth Advisor will manage and develop a designated book of Wealth Management Clients, ranging from high-net-worth individuals and families to institutional clients such as foundations and endowments. The Advisor will coordinate efforts with our experienced Investment Team, Financial Planning and Tax Specialists, Estate Planning, Portfolio Management, and Private Client banking services to create comprehensive financial strategies and solutions to help clients achieve their desired objectives over their lifetime. The Advisor will actively pursue opportunities to acquire new business, both by securing additional assets from existing clients and seeking new high-net-worth client opportunities. Client accounts will be monitored and serviced daily to ensure smooth operations and adherence to firm policies and procedures, including:

• Acting as the primary relationship manager for a book of clients.
• Meeting frequently with clients; formulating appropriate actions to help clients and enhance their relationship with Busey.
• Actively driving new sales opportunities.
• Attending discovery/needs-based sales training.
• Serving as a resource for the team and acting as a project leader when needed.
• Administering accounts to ensure smooth operational compliance with relevant governing instruments, legal requirements, and business policies, while maintaining high client service levels.
• Completing mandatory account reviews for assigned accounts.
• Making client recommendations consistent with the client's financial plan and Investment Policy Statement.
• Regularly meeting and communicating with clients, including reviews of investment strategies and financial plans.
• Providing high-level service to clients, beneficiaries, advisors, and other related parties.
• Escalating issues to appropriate parties as needed.

Education & Experience

Knowledge of:

• Strong oral and written communication skills.
• Strong sales and client service skills.
• Wealth Management Services, including investments, financial planning, banking, trust concepts, asset allocation, and estate procedures.
• A fiduciary approach to managing client relationships.

Ability to:

• Develop and manage client relationships at an advanced level.
• Make independent decisions.
• Respond promptly to client needs and requests.
• Collaborate effectively with team members.
• Understand and think strategically about clients' financial plans.
• Analyze and interpret numerical data.
• Solve problems involving complex technical concepts.
• Interpret general business and regulatory information.
• Perform duties under time pressures.

Education and Training:

• Bachelor's degree in Business or Finance or equivalent experience with high-net-worth clients.
• Certified Financial Planner designation preferred.
• Maintain good standing with First Busey Corporation's continuing education requirements.
• Engage in ongoing professional development.
• Proficiency with Trust Accounting systems, Microsoft Office Suite, and other business systems.

Busey values a diverse and inclusive workplace and strives to recruit, develop, and retain individuals with exceptional talent. A diverse team is essential to delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more.