Private Wealth Advisor I/II/III

Trustmark; Houston (TX); On-site; USD 70,000 - 130,000; Full time

Job summary

An established industry player is seeking a Private Wealth Advisor to provide expert financial counseling to high-net-worth individuals and families. This dynamic role involves developing long-term client relationships, crafting comprehensive financial plans, and collaborating with various stakeholders to deliver integrated wealth management solutions. The ideal candidate will possess exceptional communication skills and a deep understanding of investment management, estate planning, and tax optimization strategies. Join a forward-thinking team where your expertise will directly impact clients' financial well-being and contribute to the growth of the firm.

Benefits

Health Insurance

Retirement Plan

Professional Development

Flexible Hours

Paid Time Off

Qualifications

• Experience in wealth management and client advisory roles is essential.
• Strong knowledge of investment, estate planning, and tax strategies.

Responsibilities

• Develop long-term relationships with high-net-worth clients.
• Create comprehensive financial plans addressing complex wealth management challenges.
• Coordinate with clients’ professional advisors for integrated solutions.

Skills

Client Communication

Interpersonal Skills

Financial Planning

Wealth Management

Investment Management

Tax Optimization

Education

Bachelor’s Degree in Business

Graduate Degree

Graduate of Trust School

Tools

Financial Planning Software

Job description

Overview

The Private Wealth Advisor serves as a trusted financial counselor to high-net-worth individuals and families. This role requires providing comprehensive wealth management solutions, including financial planning and estate planning guidance, while maintaining the highest standards of client service. The role will work with existing clients, prospects, internal partners, and external partners in an effort to grow relationships and new business.

This position may be filled as a Level I, II or III. Additional responsibilities and qualifications apply.

Responsibilities

• Develop and maintain long-term relationships with high-net-worth clients, serving as their primary point of contact for all wealth management needs.
• Work with the team to create comprehensive financial plans that address complex wealth management challenges, including investment management, estate planning, tax optimization, and philanthropic strategies.
• Work with the Investment Manager to conduct portfolio reviews and client meetings to ensure alignment with financial objectives and risk tolerance.
• Coordinate with clients’ other professional advisors to ensure integrated wealth management solutions.
• Identify and cultivate relationships with prospective clients.
• Service existing clients, including in-person meetings, telephone calls, emails, and exchange of written documents.
• Collaborate with Private Wealth Executives to service relationships.
• Develop new business through revenue generation.
• Present on behalf of Trustmark Wealth Management to various groups both internally and externally.
• Support the organizational unit and Wealth Management division as requested for projects or special operational events.
• Understand the various requirements for governing instruments and other account opening policies, procedures, regulations, and laws.
• Perform additional duties as assigned.

Qualifications

• At least one of the following:
  • Graduate of Trust School plus 3 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Bachelor’s Degree in a business-related field plus 5 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Graduate Degree in a field related to the function of the organizational unit plus 3 years of experience in the administration of the type of accounts and clients related to the organizational unit or in a field related to the graduate degree.
• The associate must be able to demonstrate at least a moderate level of knowledge of the types, complexity, respective governance, transactions, and industry practices of the clients and accounts administered by the organizational unit.
• Excellent client communication and interpersonal skills (oral and written).
• Certified Trust and Financial Advisor (“CTFA”) or other certification within the field of the organizational unit preferred.
• Juris Doctor preferred.
• CPA preferred.
• CFP “Certified Financial Planner” preferred.
• CWS “Certified Wealth Strategist” preferred.

Level II Additional Qualifications:

• At least one of the following:
  • Graduate of Trust School plus 6 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Bachelor’s Degree in a business-related field plus 10 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Graduate Degree in a field related to the function of the organizational unit plus 7 years of experience in the administration of the type of accounts and clients related to the organizational unit or in a field related to the graduate degree; or
  • Seven or more years of experience in the private practice of law or professional accounting; or
  • Three years of financial planning and/or proven sales experience in a Wealth Management firm.
• The associate must be able to demonstrate at least an advanced level of knowledge of the types, complexity, respective governance, transactions, and industry practices of the clients and accounts administered by the organizational unit.

Level III Additional Qualifications:

• At least one of the following:
  • Graduate of Trust School plus 8 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Bachelor’s Degree in a business-related field plus 12 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Graduate Degree in a field related to the function of the organizational unit plus 10 years of experience in the administration of the type of accounts and clients related to the organizational unit or in a field related to the graduate degree; or
  • Ten or more years of experience in the private practice of law or professional accounting; or
  • Five years of financial planning and/or proven sales experience in a Wealth Management firm.
• The associate must be able to demonstrate at least an advanced level of knowledge of the types, complexity, respective governance, transactions, and industry practices of the clients and accounts administered by the organizational unit.

Physical Requirements/Working Conditions: Must be able to travel for lengthy periods of time via car or airplane.

Note: This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete, or modify any of these responsibilities at any time during employment.