Private Wealth Advisor - FineMark

Mercantil Commerce Bank; Arizona; On-site; USD 130,000 - 210,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k)

Life insurance

Paid vacation

Paid personal time

Career development

Education assistance

Voluntary supplemental benefits

Job summary

Commerce Bank seeks an experienced investment professional to manage client portfolios and build enduring client relationships through comprehensive investment planning.

You will develop tailored wealth strategies, monitor fiduciary and market risks, and work with clients to adjust portfolios as circumstances evolve. A strong team player with CFA/ CFP preferred and Salesforce experience is ideal.

Qualifications

• Bachelor's degree in Finance or Economics or equivalent required.
• 7+ years managing investment portfolios in a wealth management environment.
• CFA or CFP certification preferred.
• Experience with asset allocation processes required.
• Salesforce experience preferred.

Responsibilities

• Manage client portfolios and administer client accounts within fiduciary guidelines and policies.
• Develop comprehensive wealth management strategies with clients and identify opportunities for referrals.
• Document client communications and maintain client records in Salesforce.
• Assess client risk profiles and adjust portfolios to meet goals and risk tolerance.
• Coordinate with team members on relationship reviews and portfolio rebalancing.
• Proactively grow client assets and cultivate new client relationships.

Skills

Relationship management

Investment knowledge

Communication skills

Attention to detail

Team player

Self-starter

Education

Bachelor's degree in Finance or Economics

Master's degree in Business Administration

CFA or CFP certification preferred

Tools

Salesforce

Microsoft Excel

Microsoft Word

Microsoft Teams

Outlook

Job description

About Working at FineMark Bank and Trust, a division of Commerce Bank FineMark Bank & Trust, a division of Commerce Bank, delivers exceptional service in banking, trust, and investments, fostering long-lasting client relationships. We provide a workplace grounded in integrity, teamwork, and an entrepreneurial spirit, where associates are empowered to contribute and serve with purpose. Our culture is rooted in doing what is right, with an emphasis on thoughtful innovation, sound decision-making, and delivering the highest level of service to our clients.

About This Job

The main purpose of this job is to manage client portfolios, and build meaningful relationships, by providing comprehensive investment planning and managing day-to-day administration of client accounts. Develops investment strategies and manages client investment portfolios according to established goals and objectives with clients and in accordance with all internal and regulatory investment and fiduciary guidelines. Participates in the financial planning process. Effectively manages, monitors and mitigates fiduciary and investment risk while retaining and growing client relationships.

Essential Functions

Manage client portfolios and administer client accounts within prescribed investment and fiduciary guidelines, governing document, FineMark policies and procedures and all applicable federal and state laws and regulations. Analyze clients’ complete financial picture and work with clients to develop a comprehensive understanding of their unique investment goals and objectives to construct individually tailored investment portfolios consistent with client goals and objectives. Work with clients to develop comprehensive wealth management strategies and identify opportunities for business referrals and take appropriate action. Include appropriate team members in relationship management efforts. Participate in relationship reviews and investment reviews. Document client communications and interactions in Salesforce. Determine client’s risk profile and educate the client about investment risks and the risk/reward tradeoff. Create an appropriate investment portfolio ensuring implementation and execution of investment strategies to maximize returns commensurate with an acceptable level of risk. Ensure accounts are structured to comply with client’s investment policy statement and correspond with current investment strategy; include a transition plan when appropriate. Provide ongoing client communication, monitoring and rebalancing of portfolio to ensure goals and objectives meet potentially changing client circumstances, adjusting plans and strategies as circumstances change. Continuously perform investment research, stay informed of developments in security markets, stay abreast of current economic environment. Successfully cultivate new client relationships. Work as part of a team to deliver clients a diverse set of financial solutions, maximize relationships and develop new relationships. Provide ongoing monitoring and rebalancing of portfolios to ensure client goals and objectives are met. Actively participate and engage in business development activities. Prospect new clients, secure additional assets from existing clients and uncover other opportunities to maximize relationships. Perform other duties as assigned.

Knowledge, Skills & Abilities

Working knowledge of portfolio theory with some understanding of fiduciary law. Advanced understanding of investing. Exceptional relationship management skills. Ability to maintain a valid driver's license and meet Commerce Bank's driving record criteria; ongoing employment may be contingent upon meeting all driving requirements. Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities. Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills. Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values. Basic level proficiency with Microsoft Word, Excel, Teams, and Outlook.

Education & Experience

• Bachelor's degree in Finance, Economics, or related field or equivalent combination of education and experience required.
• Master's degree in Business Administration preferred.
• 7+ years of successfully managing investment portfolios for a wealth management company required.
• Experience with the asset allocation process required.
• Experience with Salesforce preferred.
• Professional certifications such as CFA (Chartered Financial Analyst) or CFP (Certified Financial Planner) preferred.

For this position, Commerce Bank will review your motor vehicle driving record. If you express interest in and are considered for this position, you'll be asked to authorize our review of that record.

Benefits

• employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time.
• In addition, we offer career development, education assistance, and voluntary supplemental benefits.

Location: 7600 East Doubletree Ranch Road, Suite 100, Scottsdale, Arizona 85258

Time Type: Full time

Commerce Bank has been awarded numerous awards for our company culture. We have been included on distinguished lists such as Forbes’ Best Midsized Employers, Forbes’ Best Employers for Women, and Korn Ferry’s Engaged Performance Award. You'll see the difference for yourself when you join the team.

Why Commerce?

Inclusion at Commerce

Equal Opportunity Employer Commerce Bank is proud to be an Equal Employment Opportunity employer and believes that every individual should have the opportunity to work at a job for which he, she or they qualifies. We celebrate diversity and do not discriminate based on race, color, ancestry, ethnicity, gender identity, gender expression, sex, sexual orientation, disability (including physical or mental handicap), age, veteran status, military status, national origin, religion, pregnancy status, marital status, genetic information, or any other status protected by applicable federal, state or local law.