Managing Director, Head of Advice Planning and Fiduciary

Gated Talent; New York (NY); Hybrid; USD 136,000 - 450,000; Full time

Job summary

A prominent financial services company seeks a Managing Director, Head of Advice Planning and Fiduciary Services to lead and innovate within their wealth management division. This senior role involves strategic leadership, risk management, and client engagement, targeting candidates with significant experience in compliance and fiduciary responsibilities. Join a dynamic team and contribute to a culture that empowers personal and professional growth.

Benefits

Competitive compensation package

Discretionary bonuses

Commission earnings

Family-friendly policies

Qualifications

• 15+ years of total work experience.
• 3-5 years in management preferred.
• Strong background in wealth management and estate planning.

Responsibilities

• Lead the strategic direction, management, and execution of fiduciary services.
• Serve as the primary contact for high-net-worth clients.
• Ensure compliance with regulatory requirements.

Skills

Leadership

Client Engagement

Compliance and Risk Management

Business Development

Education

Juris Doctor (JD)

Job description

Managing Director, Head of Advice Planning and Fiduciary Services

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what is all about.

We welcome you to apply! When applying to this general posting, our expert BNY Talent Acquisition Team may also review your resume for consideration across other open roles within the company.

We’re seeking future team members for our BNY Wealth with roles located in New York City, New York in hybrid (4 days in the office) position.

You’ll Make An Impact In The Following Ways

• The Head of Advice Planning and Fiduciary Services will lead and oversee the strategic direction, management, and execution of advice planning and fiduciary services. This role requires a deep understanding of wealth management, fiduciary responsibilities, and the ability to drive growth and innovation in these areas. The successful candidate will work closely with senior leadership, clients, and internal teams to ensure the highest standards of service and compliance.
• Strategic Leadership: Develop and implement the strategic vision for advice planning and fiduciary services, aligning with the overall goals of the organization
• Client Engagement: Serve as the primary point of contact for high-net-worth clients, providing expert advice and building long-term relationships
• Team Management: Lead and mentor a team of fiduciary officers, wealth strategists, and other professionals, fostering a collaborative and high-performance culture
• Compliance and Risk Management: Ensure all fiduciary activities comply with regulatory requirements and internal policies, managing risk effectively
• Business Development: Drive growth by identifying new business opportunities, developing client proposals, and collaborating with marketing and sales teams
• Thought Leadership: Represent the organization at industry conferences, seminars, and other events, positioning the company as a leader in advice planning and fiduciary services

To be successful, we’re seeking interest in the follow areas:

• Education: Juris Doctor (JD) degree or equivalent, with a strong background in wealth management, trust, and estate planning
• Experience: 15 plus years of total work experience with at least 3-5 years in management preferred.

At BNY, our culture speaks for itself. Here’s a few of our awards:

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg’s Gender Equality Index (GEI), 2023

Our Benefits And Rewards

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $136,500 and $450,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

About Us

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world’s financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It’s the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

About The Team

As one of the nation’s leading wealth managers, BNY Mellon Wealth Management is dedicated to helping individuals, families, planned giving programs, endowments, foundations and other institutions with all of their wealth and investment planning needs. By providing integrated products, services and solutions, we help them capitalize on opportunity while managing risk. Backed by more than two centuries of experience, we understand our clients’ needs and deliver customized strategies to help them reach their goals.

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