Private Wealth Advisor

Busey; Peoria (IL); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

401(k) match

Profit sharing

Employee stock purchase plan

Paid time off

Medical, dental, and vision insurance

Company-paid life insurance

Long-term disability

Wellness incentives

Employee assistance program

Job summary

A financial services company in Peoria seeks a Private Wealth Advisor to manage client relationships and develop financial strategies. The ideal candidate has a Bachelor's in Business or Finance, along with strong communication and client service skills. Responsibilities include driving sales opportunities and ensuring client satisfaction through strategic investment and financial planning. Competitive salary and comprehensive benefits offered.

Qualifications

• 5+ years of experience with high-net-worth clients.
• Proficiency in financial planning and investment strategies.
• Good standing with First Busey Corporation continuing education.

Responsibilities

• Serve as personal relationship manager to clients.
• Manage and develop a book of wealth management clients.
• Drive new sales opportunities.
• Coordinate with investment and financial specialists.
• Provide high-level service to clients.

Skills

Strong oral and written communication skills

Strong sales and client service skills

Wealth Management Services knowledge

Fiduciary approach

Education

Bachelor’s degree in Business or Finance

Certified Financial Planner designation

Tools

Trust Accounting systems

Microsoft Office Suite

Job description

The Private Wealth Advisor’s (PWA) primary responsibility is to serve as 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 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 Private Wealth Advisor will work with and coordinate the efforts of 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 in securing additional assets from existing clients as well as 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 through the following:

• 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.
• Actively drive new sales opportunities.
• Attend discovery/needs-based sales training.
• Serve as resource for the team and act as a project leader from time to time.
• Administer accounts in a manner that ensures smooth operational compliance with relevant governing instruments, legal requirements, and business line policies and procedures yet ensures a high level of client service.
• Complete mandatory account reviews for the assigned accounts.
• Actively make client recommendations consistent with the client’s financial plan and Investment Policy Statement.
• Meet and communicate with clients, including a review of the client’s investment strategy and financial plan, on a regular basis.
• Provide high level service to clients, beneficiaries, advisors, and other related parties to assigned accounts.
• Escalate issues to the appropriate parties.

Knowledge of:

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

Ability to:

• Develop and manage client relationships at an advanced level
• 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

Education and Training:

• Requires Bachelor’s degree in Business or Finance or commensurate wealth management or financial services experience with high-net-worth clients
• Certified Financial Planner designation is preferred
• Must be in good standing with First Busey Corporation continuing education.
• On-going development and broadening of appropriate knowledge and skills; additional education will need to be successfully completed.
• Requires knowledge of standard business systems, including but not limited to, Trust Accounting systems, Microsoft Office Suite.

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: $80,000 - $120,000)

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.

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 service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.