Family Wealth Associate

Pitcairn Trust Company, Llc; Conshohocken (Montgomery County); On-site; USD 95,000 - 130,000; Full time

Job summary

Pitcairn Trust Company, Llc is seeking a Family Wealth Associate to support Relationship Managers in all phases of financial planning for ultra-high-net-worth client families and single-family offices. You will lead the client service experience for a subset of client relationships.

The role requires a 5-year client-focused background, strong technical skills in financial analysis, and certification goals (CFP, Series 65/66 within 90 days).

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, or related field with 5+ years client services experience.
• Excellent computer skills (Word, Outlook, Excel, PowerPoint) and familiarity with financial analysis applications.

Responsibilities

• Assist Relationship Managers with comprehensive financial planning and lead the client service experience for a subset of client relationships.
• Prepare cash flow reports, balance sheets, and net worth statements; analyze impact of market return assumptions and spending on wealth projections.
• Implement and monitor asset allocation; perform trading and rebalancing analysis; initiate transactions for mutual funds, ETFs, and SMA accounts; tax-loss harvesting and portfolio monitoring.
• Coordinate collection of income tax information, calculation and payment of taxes, and client requests for tax projections.
• Examine insurance needs and coordinate implementation with Family Office Insurance Administrator.
• Create reports and client deliverables; generate custom content for complex client families.
• Review client fee calculations for accuracy and obtain necessary approvals for asset-specific fee exceptions.
• Ensure annual compliance review requirements are met for all accounts.

Skills

Client relationship skills

Communication skills

Analytical thinking

Team collaboration

Education

Bachelor’s degree in Accounting, Finance, Economics, or related field

Tools

Microsoft Word

Outlook

Excel

PowerPoint

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Family Wealth Associate

5 days ago Requisition ID: 1102

Pitcairn’s innovative Shared Single-Family Office™ model provides unparalleled service to wealthy families and other family offices. Since the firm’s founding in 1923, Pitcairn has helped ultra-high-net-worth families and its members navigate the individual, interpersonal, and institutional challenges that come with wealth. We understand multigenerational family wealth in a way that few other wealth advisory firms do. Our comprehensive family office services include investment advisory, tax, trust and estate planning, risk management, philanthropy, household-level financial services, as well as family education and family governance support.

PRIMARY FUNCTION : Participate as a member of a client segment group to support Relationship Managers in all aspects of the financial planning process for ultra-high-net-worth client families and single-family office clients. Lead the client service experience for a subset of client team relationships.

RESPONSIBILITIES:

• Assist Relationship Managers with comprehensive financial planning and lead the client service experience for a subset of the client team relationships, including but not limited to:
• Financial – Prepare cash flow reports, balance sheets, and net worth statements; analyze the impact of various financial market return assumptions and spending rates on wealth projections.
• Investments – Implement and monitor client’s asset allocation; perform trading and rebalancing analysis; initiate transactions for mutual funds, ETFs, and separately managed accounts, tax-loss harvesting and portfolio monitoring to meet cash needs.
• Tax – Coordinate the collection of income tax information, calculation and payment of taxes, and client requests for tax projections.
• Insurance – Examination of insurance needs (life, property & casualty, long-term care, excess liability, etc.) and coordination of implementation with the Family Office Insurance Administrator.
• Create reports and other client deliverables. Collaborate with Relationship Managers to generate custom content to meet the needs of complex client families.
• Review client fee calculations for accuracy and obtain the necessary approvals for asset-specific fee exceptions.
• Ensure annual compliance review requirements are met for all accounts.
• Perform other duties as assigned for the efficient operation of the department.

EDUCATION/EXPERIENCE:

Bachelor’s Degree in Accounting, Finance, Economics, or another Social Sciences field with a minimum of 5 years of experience in a client-focused professional services organization. Excellent computer skills (Microsoft Word, Outlook, Excel, PowerPoint) and familiarity with financial analysis applications.

CERTIFICATIONS:

Candidate attained or is expected to attain the CERTIFIED FINANCIAL PLANNER™ (CFP®) designation.

Series 65/66 required within the first 90 days of employment.

DESIRABLE ATTRIBUTES:

Successful candidates will possess a broad range of skills including:

• Ability to service clients along the family arc.
• Strong interpersonal skills with excellent written and verbal communication.
• Clear potential to develop business acumen including strong quantitative/qualitative analytical skills.
• Ability to take ownership of tasks/client responsibilities, both internally/externally.
• Curiosity that lends itself to strategic thinking and creative problem solving.
• Self-motivated with a sense of curiosity, urgency, and accountability.
• Ability to influence and establish credibility, trust, and confidence with a range of clients/colleagues.
• Ability to work both as an individual and a collaborative team member.

Pitcairn is an Equal Opportunity Employer. All qualified applicants will be considered for employment without regard to their race, color, religion, ancestry, national origin, sex, gender identity, sexual orientation, age, disability, marital status, domestic partner status, status as a parent or medical condition. Pitcairn complies with applicable state and local laws governing non-discrimination in employment in every location in which the Company has facilities. As an investment advisor, employees of Pitcairn may be subject to certain limitations on personal investment activities.