Financial Planner

IDB Bank; New York (NY); On-site; USD 130,000 - 150,000; Full time

Benefits offered by this job

Annual bonus

Comprehensive benefits including medical, dental, and vision insurance

Retirement and savings plans with employer contributions

Generous holiday and paid time off schedules

Tuition reimbursement

Job summary

IDB Bank is seeking a Wealth Planning Specialist to provide dedicated planning and investment resources within the Private Banking division. The role involves working closely with Private Bankers across New York, California, and Florida, delivering sophisticated financial planning and investment advisory support for high-net-worth clients.

The ideal candidate will have a CFP® designation and a minimum of 5 years of experience in financial planning and investment advisory, showcasing strong communication skills and a desire to make a meaningful impact for clients.

Qualifications

• Minimum 5 years of financial planning and investment advisory experience, preferably within a private bank, family office, or wealth management firm.
• Demonstrated experience working with HNW and UHNW clients.
• Strong knowledge of investment products including ETFs, mutual funds, fixed income, alternatives, and structured products.

Responsibilities

• Develop comprehensive financial plans for HNW and UHNW clients.
• Attend and contribute to client meetings and serve as the investment subject-matter expert.
• Identify financial planning gaps and recommend solutions aligned with clients' objectives.

Skills

Financial planning proficiency

Investment advisory experience

CFP® designation

Strong communication skills

Spanish language proficiency

Education

CFP® designation in good standing

Tools

MoneyGuidePro financial planning software

Job description

Position Summary

We are seeking a Wealth Planning Specialist to serve as a dedicated planning and investments resource within our Private Banking division. This individual will work in close partnership with Private Bankers (PBs) across our New York, California, and Florida markets, providing sophisticated financial planning analysis and investment advisory support for HNW and UHNW clients. Spanish language proficiency is highly desirable.

Key Responsibilities

Client Advisory & Financial Planning

• Develop comprehensive financial plans encompassing retirement, estate, cash flow, and insurance planning for HNW and UHNW clients.
• Attend and contribute to client meetings, calls, and review sessions alongside PBs, serving as the planning and investment subject‑matter expert.
• Translate complex financial concepts into clear, compelling narratives tailored to each client's goals and risk profile.
• Identify financial planning gaps and proactively recommend solutions aligned with clients' long‑term objectives.

Investment Advisory & Portfolio Support

• Construct and present investment proposals and pitchbooks covering the full capital markets spectrum, including ETFs, mutual funds, fixed income, alternative investments, structured products, and managed accounts.
• Evaluate portfolio construction, asset allocation, and manager selection in alignment with IDB Capital Corp.'s investment policy framework and individual client objectives.
• Provide ongoing portfolio monitoring, performance attribution commentary, and rebalancing recommendations.
• Stay current on macroeconomic developments, market trends, and investment product innovation to inform client conversations and proposals.

Collaboration with Private Bankers

• Partner closely with PBs in New York, California, and Florida to support client acquisition, deepening, and retention strategies.
• Serve as an internal resource for planning and investment‑related queries, helping PBs articulate value propositions to clients.
• Coordinate with internal teams including trading, portfolio management, lending, and legal to deliver integrated wealth management solutions.
• Assist in onboarding new clients by conducting needs assessments and preparing tailored planning summaries.
• Develop high‑quality client‑facing materials including financial plans, investment proposals, market commentaries, and educational content.

Qualifications

Required

• CFP® designation in good standing.
• Minimum 5 years of financial planning and investment advisory experience, preferably within a private bank, family office, or wealth management firm.
• Demonstrated experience working with HNW and UHNW clients.
• Deep knowledge of investment products including ETFs, mutual funds, fixed income, alternatives, and structured products.
• Strong financial planning proficiency across retirement, estate, tax, and insurance disciplines.
• Series 7 and Series 65 (or 66) licences required.
• Exceptional communication, presentation, and interpersonal skills.

Preferred

• Spanish language proficiency (written and spoken).
• CIMA®, CAIA®, CFA®, or other relevant advanced designation.
• Proficiency with MoneyGuidePro financial planning software.
• Established relationships within the NY, CA, or FL HNW/UHNW market.
• Familiarity with cross‑border planning considerations for Latin American clients.

Compensation

The expected annual salary ranges between $130,000 and $150,000 at the start of employment. Salary offers are determined individually based on skills and experience. Total rewards include an annual bonus and benefits such as medical, pharmacy, dental, vision, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.

Reasonable Accommodations

The Bank will make reasonable accommodations to employees with disabilities, pregnant individuals, victims of domestic violence, religious obligations, and other protected categories. Employees should contact their supervisor or Human Resources to request accommodations.

Disclaimer

The above statements describe the general nature of the work. They do not constitute an exhaustive list of responsibilities, duties, or skills. Employees may be required to perform additional duties as needed.

Equal Employment Opportunity

All your information will be kept confidential according to EEO guidelines. We provide equal employment opportunities to all employees and applicants regardless of protected categories in accordance with applicable federal, state, and local law. No agencies please.

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