Fiduciary Advisor II

Busey; Fort Myers (FL); On-site; USD 81,000 - 105,000; Full time

Benefits offered by this job

401(k) match

Profit sharing

Employee stock purchase plan

Medical, dental, vision

Life insurance

Long-term disability

Wellness incentives

Employee assistance program

Job summary

The Fiduciary Advisor position at Busey in Fort Myers, FL oversees fiduciary accounts where Busey acts as trustee, executor, or administrator, delivering high-quality client service and ensuring governance compliance. The FA builds relationships, conducts reviews, and leads fiduciary initiatives while coordinating with the team.

Candidates should have fiduciary administration experience, strong communication, and knowledge of wealth management services.

Qualifications

• Requires a bachelor's degree or commensurate experience with fiduciary administration; prior trust experience preferred.
• On-going development and continuing education in fiduciary services as per policy.
• Strong written and verbal communication skills are essential.

Responsibilities

• Act as the primary relationship manager for a book of fiduciary clients.
• Meet with clients regularly; determine actions to enhance the client relationship.
• Complete mandatory account reviews and participate in fiduciary committees.
• Ensure operations comply with governing documents and fiduciary policies.
• Coordinate discretionary distributions and new fiduciary business opportunities.
• Escalate issues to leadership as appropriate.

Skills

Communication skills

Sales & client service

Fiduciary administration

Wealth management knowledge

Strategic thinking

Education

Bachelor's degree or commensurate experience

Tools

Microsoft Office Suite

Job description

Position Summary

The Fiduciary Advisor (FA) is responsible for the administration of fiduciary accounts where Busey is acting as trustee, executor, administrator, conservator, guardian, or agent for Busey Wealth Management clients. The Fiduciary Advisor manages fiduciary relationships, ensuring client objectives are met and are consistent with the governing documents and fiduciary administration principles. The Fiduciary Advisor will engage in proactive and ongoing communication with clients to build and maintain relationships and to develop a deep understanding of each clients’ unique goals and objectives. The reporting structure may vary for the Fiduciary role based on Regional needs; an FA I can report to a Market or Regional President and in some instances, a Managing Director, Director or to a FA II.

Duties & Responsibilities

• Act as the primary relationship manager for a book of clients.
• Frequently meet with clients; formulate the appropriate actions necessary to help the client and enhance their relationship with Busey.
• Complete mandatory account reviews for the assigned accounts.
• Participate in Fiduciary Committees as needed.
• Attend discovery/needs-based training.
• Serve as resource for the team and act as a project leader from time to time.
• Administer accounts in a manner that ensures operational compliance with relevant governing instruments, legal requirements, and business line policies and procedures yet ensures a high level of client service.
• Provide high level customer service to clients, beneficiaries, advisors, and other related parties to assigned accounts.
• Coordinate and arrange for the presentation and review of discretionary distributions, other discretionary matters, and acceptance of new fiduciary business.
• Escalate issues to the Director of Fiduciary Services and Compliance/Fiduciary Officer as appropriate.

Education & Experience

Knowledge Of

• Strong oral and written communication skills
• Strong sales and client service skills
• Knowledge of standard business systems, including but not limited to, Trust Accounting systems, Microsoft Office Suite
• Wealth Management Services including trust administration, estate settlement, Investments, financial planning, and banking concepts including asset allocation
• A fiduciary approach to managing client relationships

Ability To

• Experience administering fiduciary accounts
• Develop and manage client relationships at an advanced level
• Make recommendations consistent with the client's Investment Policy Statement
• Make independent decisions
• Respond timely to client needs and requests
• Partner with other associates on the team in a collaborative and client-focused manner
• Understand and think strategically about each client's financial planning
• Analyze and interpret numerical data
• Analyze and solve problems that frequently involve decisions based on a wide knowledge of many factors where application of advanced technical concepts is predominantly required
• Analyze and interpret general business periodicals, professional journals, technical procedures, and governmental regulations
• Perform duties under frequent time pressures
• The Fiduciary Advisor II role is for those Advisors managing larger more complex books of business that bring in substantial revenue.

Education And Training

• Requires a bachelors' degree or commensurate experience with fiduciary administration; previous trust experience preferred.
• On-going development and broadening of appropriate knowledge and skills; additional education will need to be successfully completed; must be in good standing with First Busey Corporation continuing education.
• Minimum of 10 hours of annual continuing education in courses related to the position's responsibilities.
• Approved webinars, seminars, and courses will be credited at the CE amount stated.

Compensation And Benefits

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.
(Base Pay Range: $81,000 - $105,000/yr)
Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering extraordinary excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.